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Minyanville

Flight Delays and Furloughs: Who You Blame Depends on Who You Read

If you had taken a plane ride from big cities like New York, Dallas, or Los Angeles in the past few days, you most likely had to endure an excruciatingly long delay, thanks to the sequestration-linked furlough of air traffic controllers. Because the Federal Aviation Administration has been forced to trim its... Read >>

Zacks.com

Texas Capital Misses on Earnings - Analyst Blog

Texas Capital Bancshares Inc. ( TCBI ) reported disappointing first-quarter 2013 results with operating earnings of 80 cents per share marginally lagging the Zacks Consensus Estimate of 82 cents. However, results came in significantly ahead of the year-ago earnings of 70 cents. Higher expenses were the... Read >>

Zacks.com

Earnings Beat for Time Warner Cable - Analyst Blog

Time Warner Cable Inc. ( TWC ) reported its first-quarter 2013 financial results, where the bottom line beat the Zacks Consensus Estimate while the top line missed the same. Despite the beat, the company lost a major share of video subscribers in the reported quarter. Quarterly adjusted (excluding special... Read >>

Zacks.com

ExxonMobil: Earnings Rise, Sales Fall - Analyst Blog

ExxonMobil Corporation 's ( XOM ) first-quarter 2013 earnings of $2.12 per share beat the Zacks Consensus Estimate of $2.03 by 4.4%. Earnings also improved 6% from last year's $2.00. The improved performance reflects stronger margins in the chemical business and lower costs (down by approximately 12.9% year... Read >>

Benzinga

Mid-Morning Market Update: Markets Open Mostly Higher, 3M Cuts 2013 Forecast

Following the market opening Thursday, the Dow traded up 0.03 percent to 14,680.64 while the NASDAQ gained 0.56 percent to 3,287.98. The S&P also rose, surging 0.27 percent to 1,583.00. Index Technicals: The S&P 500 looks to be stalling under the 1,580/1,583 resistance, with 1,575 support below, and... Read >>

Zacks.com

Q1 Earnings Season Beyond the Halfway Mark - Ahead of Wall Street

Thursday, April 25, 2013 Stocks were moving up in recent days despite soft economic data at home and abroad. But we do have a positive-looking labor market report this morning from the Jobless Claims data, which surprisingly came in better than expected. Not that it matters, but stocks finally have a... Read >>

Zacks.com

Stocks Market News for April 25, 2013 - Market News

A sharp fall in durable orders coupled with disappointing data from Procter & Gamble and AT&T dragged the Dow Jones into negative territory on Wednesday. But the S&P 500 and the Nasdaq ended flat. Durable goods orders logged their biggest decline in seven months for the month of March. The materials... Read >>

Zacks.com

Dow's Earnings Tops on Agriculture Boost - Analyst Blog

Dow Chemical ( DOW ) saw its profit soar in first-quarter 2013 on strength in its agriculture science business, reflected by record sales of seeds and crop protection products. The U.S. chemical kingpin, whose products are used across a bevy of industries, racked up profit of $550 million or 46 cents... Read >>

Zacks.com

Yum! Beats Earnings Estimate, Misses Rev - Analyst Blog

Yum! Brands Inc. 's ( YUM ) first-quarter 2013 adjusted earnings of 70 cents per share were ahead of the Zacks Consensus Estimate by 12.9% but slipped 8% year over year. On a reported basis, Yum! Brands' quarterly earnings of 72 cents per share were down 24% year over year. In the first quarter, total... Read >>

Zacks.com

Raymond James Lags on Earnings - Analyst Blog

Raymond James Financial Inc .'s ( RJF ) fiscal second-quarter 2013 (ended Mar 31) earnings per share came in at 68 cents, missing the Zacks Consensus Estimate of 75 cents. However, this compares favorably with the year-ago earnings of 64 cents. Results were adversely affected by increased expenses,... Read >>