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U.S. Steel (X) Stock Spiking Today on Strong Fourth Quarter Earnings

2015-01-28 17:55:03| Steel - Topix.net

The company reported net income of $1.83 per share, lower compared to the $1.93 per share from a year earlier, but topped analysts' estimates of 84 cents per share for the fourth quarter. Revenue of $4.07 billion for the fourth quarter also surpassed the $3.93 billion consensus estimate for the period.

Tags: today stock strong steel

 

Mattel CEO resigns after earnings miss

2015-01-28 15:36:25| Toys - Topix.net

Mattel Chairman and CEO Bryan Stockton has resigned after the struggling maker of Barbie dolls and Hot Wheels cars reported fourth-quarter results that fell far short of analyst expectations. The El Segundo, Calif.-company said longtime board member Christopher A. Sinclair will replace Stockton as chairman and interim CEO.

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Praxair Earnings Fall on Currency Headwinds

2015-01-28 13:21:19| Chemicals - Topix.net

Industrial-gas company Praxair Inc. said its earnings dropped as weak macroeconomic conditions, especially in Europe, and the strong dollar pressured fourth-quarter results. Both sales and revenue missed expectations, leading the Connecticut-based company to post a disappointing outlook for the year.

Tags: fall currency earnings praxair

 

Don't Get Stuck Holding Too Much Broadcom Ahead of 4Q Earnings

2015-01-28 13:13:52| Semiconductors - Topix.net

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Broadcom must beat earnings estimates this quarter and guide with confidence. That's a tall order.

2015-01-28 13:13:51| Semiconductors - Topix.net

Will that performance continue? Investors in the chip giant should temper their expectations and start selling. Broadcom stock closed Tuesday at $41.34 , down 1.72%.

Tags: order guide beat quarter

 

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