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CSX Corp. (CSX) Stock Gains in After-Hours Trading After Reporting Earnings

2015-01-13 23:29:47| Railroads - Topix.net

CSX reported earnings of 49 cents a share for the fourth quarter, in line with analysts' expectations for the quarter. The company recorded revenue of $3.2 billion for the fourth quarter, a 5.6% increase from the year-ago quarter, compared to analysts' estimates of $3.18 billion.

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Aetna Stock Climbs After It Lifts Membership Outlook

2015-01-13 23:27:58| Beverages - Topix.net

Aetna rose in strong volume early Tuesday, leading a sector rally, after it said it expects that its total medical membership at the end of 2014 would top its prior estimate of 23.4 million members. Aetna also affirmed revised full-year 2014 earnings per share guidance, initially given Dec. 12, saying it will come in at the upper end of a $6.60-$6.70 range and revenue will be $57 billion to $58 billion.

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AK Steel (AKS) Stock Falls Today as Iron Ore Prices Decline

2015-01-13 21:48:09| Steel - Topix.net

Ore with 62 percent content delivered to Qingdao, China, fell off 2.2% to $68.74 per dry ton today, according to Bloomberg . Chinese iron ore imports hit an all-time high last month as the falling prices increased demand for overseas supplies.

Tags: today stock prices falls

 

Goodyear Tire & Rubber (GT) Stock Falls After Full-Year 2014 SOI Growth Update

2015-01-13 18:34:06| Industrial Machines - Topix.net

Goodyear changed its expectations primarily because of a more challenging industry environment in Europe in the fourth quarter and a stronger dollar globally. The company also said it anticipates flat global volume and expects fourth-quarter impact of the aforementioned developments to be 15 cents to 20 cents per share below expectations at the time of the third-quarter call.

Tags: stock update growth falls

 

Wolverine World Wide (WWW) Stock Downgraded Today at Wunderlich Securities

2015-01-13 17:59:10| Footwear - Topix.net

The firm said it lowered its rating on the designer, manufacturer, and marketer of casual footwear and apparel as the company is facing several earnings headwinds. Wunderlich said it believes the company is making all of the necessary changes and investments to the business its needs to support long term growth, but added that foreign exchange headwinds, strategic realignments, and increased pension expenses will weigh on its overall results.

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