Outlook roundup: Lubrizol boosts guidance, Delta says available cash will continue to dwindleSeptember 14th, 2009 Outlook roundup: Lubrizol, Delta Air LinesAmong the earnings projection stories for Monday, Sept. 14, from AP Financial News:
CLEVELAND (AP) — Lubrizol Corp.
S&P lowers outlook for Koppers Holdings on weak second-quarter resultsAugust 18th, 2009 S&P lowers outlook for Koppers HoldingsNEW YORK — Standard & Poor's Ratings Services said Tuesday it cut its outlook on Koppers Holdings Inc. to "Stable" from "Positive" on weak second-quarter earnings.
S&P reaffirms Con-way investment grade rating, but outlook negativeAugust 17th, 2009 S&P reaffirms Con-way investment grade ratingNEW YORK — Ratings agency Standard & Poor's affirmed its BBB- rating for Con-way Inc. on Monday, but suggested that weak demand and competitive prices will continue to hurt the trucking company's earnings and credit standing.
Shares of truck maker Paccar fall on weak 2nd-qtr, modest outlook for European salesJuly 28th, 2009 Truck maker Paccar falls on weak 2Q, outlookNEW YORK — A big drop in second-quarter sales and profit plus the truck maker's warning that European sales will remain weak on Tuesday weighed on shares of Paccar Inc. On Monday the Bellevue, Wash., company said that the weak economy hurt freight shipments and truck sales and contributed to its second-quarter net income plunging 92 percent to 7 cents per share.
Stock futures rise as earnings from Goldman Sachs, Intel boost economic recovery hopesJuly 15th, 2009 Stock futures rise on earnings reportsNEW YORK — Investors who have been looking for signs the economy is on the mend are pushing stock futures higher in the wake of better-than-expected earnings reports from Intel and Goldman Sachs. The upward move ahead of Wednesday's market opening in New York extends gains in overseas markets.
Stocks futures point to lower opening as investors prepare for crush of earningsJuly 13th, 2009 Stocks futures lower ahead of busy earnings weekNEW YORK — Stock futures are lower as investors brace for a crush of earnings reports this week, including key readings from the banking sector. Overseas, Asian markets tumbled Monfay, but European stocks have posted only modest losses.
Oil dips below $59 after weak outlook on demand, anemic expectation for earnings seasonJuly 10th, 2009 Oil dips below $59 as earnings season opensNEW YORK — Oil prices dipped below $59 a barrel Friday, ending a week in which crude has fallen more than 10 percent on growing pessimism about the economy and also the well being of companies about to report second-quarter earnings. Benchmark crude for August delivery fell more than 2 percent, or $1.28, to $59.13 a barrel on the New York Mercantile Exchange, but at one pointed traded as low as $58.72.
Oil falls below $60 after weak outlook on demand, anemic expectation for earnings seasonJuly 10th, 2009 Oil below $60 as earnings season opensNEW YORK — Oil prices sank below $60 a barrel Friday, ending a week in which crude has fallen more than 10 percent on growing pessimism about the economy and also the well-being of companies about to report second-quarter earnings. Benchmark crude for August delivery fell 52 cents to settle at $59.89 a barrel on the New York Mercantile Exchange, but at one pointed traded as low as $58.72.
Prices for gold, other metals bounce back as dollar retreats; energy futures falterJuly 1st, 2009 Gold, other metals rebound on falling dollarNEW YORK — Prices for gold and other metals rebounded Wednesday as the dollar lost ground against other major currencies. The dollar declined as stocks moved higher after reports showing stabilization in the manufacturing sector both in the U.S.
Crude prices fall with more predictions of slow global economic reboundJune 23rd, 2009 Oil prices waver on dour economic outlookCOLUMBUS, Ohio — Crude prices wavered Tuesday with more stark predictions of a long and painful downturn for the global economy. Benchmark crude for August delivery rose 10 cents to $67.60 a barrel on the New York Mercantile Exchange.
Home Depot says its full-year earnings may come in better than previously forecastJune 10th, 2009 Home Depot raises full-year earnings expectationsATLANTA — Home Depot, the nation's largest home improvement retailer, anticipates its full-year earnings may now come in better than previously forecast. The move comes a few weeks after smaller rival Lowe's Cos.
Gold prices little changed as dollar gains ground, stocks fallMay 11th, 2009 Gold prices little changed as dollar risesNEW YORK — Gold prices were little changed in quiet trading Monday amid a higher dollar and a decline in stocks. Other commodities were mixed.
Stock futures edge higher after big gains, investors await economic data, earnings reportsMay 5th, 2009 Wall Street appears ready to extend big gainsNEW YORK — U.S. stock futures are edging higher as investors await a reading on the services sector and a bevy of earnings reports for further confirmation that the economy is improving.
Crude prices jump after US House approves stimulus planFebruary 13th, 2009 NEW YORK - Crude prices jumped Friday after the US House of Representatives approved the $787-billion economic stimulus package. The package, which was approved without Republican support, includes more than $37.5 billion for energy infrastructure.
Crude oil prices slide below $40February 9th, 2009 NEW YORK - Crude oil prices fell below $40 a barrel Monday on weak energy demand outlook. Earlier in the day, the oil prices were boosted by comments from the Organisation of the Petroleum Exporting Countries (OPEC) that it would cut oil output further to counter the slumping demand.