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Stocks rise ahead of earnings reports

2016-04-11 20:11:09| Oil & Gas - Topix.net

New York a U.S. stocks were moving higher on Wall Street following gains overseas as investors held out hope for more economic stimulus from China. Energy companies had some of the biggest gains Monday as the price of crude rose.

Tags: reports rise ahead stocks

 

Oil surges amid nervousness ahead of Doha output freeze talks

2016-04-09 14:20:43| Oil & Gas - Topix.net

"I'm not buying this rally," said Stewart Glickman, an equity analyst at S&P Capital IQ in New York. "The risks of a sharp downturn remain greater than those for a rally."

Tags: oil output ahead talks

 
 

MSC Industrial May Be Getting Ahead Of Itself

2016-04-08 19:34:05| Industrial Machines - Topix.net

MSC Industrial did okay on revenue against a still-negative manufacturing environment, while margin deleverage was limited and drove a small EPS beat. Adding Schneider's electrical products is a welcome boost to diversification, but MSC lacks pricing power and industrial demand looks muted outside of a few bright spots like aerospace and autos.

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Is there US trouble ahead for Constellation Brand's Mexican beers? - Analysis

2016-04-08 14:27:00| Daily beverage news and comment - from just-drinks.com

There was plenty of optimism around Constellation Brand's full-year results this week - and with good reason. The company hailed a "dynamic" year as net profits jumped by a quarter and sales increased by 8%.

Tags: analysis brands ahead trouble

 

United Technologies repays state incentives ahead of Mexico move

2016-04-08 02:22:23| Paper - Topix.net

INDIANAPOLIS United Technologies has reportedly repaid state training grants as it prepares to relocate its two Indiana plants to Mexico. Indiana Gov. Mike Pence announced Thursday that United Technologies has paid back more than $380,000 to the Indiana Economic Development Corporation, which it had awarded to Carrier Corp. and United Technologies Electronic Controls of Huntington previously.

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