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    Split Decision From Proxy Firms on Oxy Board

    By Ryan WallaceApril 18, 2013

    Occidental CEO Stephen Chazen scored a split decision from two proxy advisor firms Thursday. Without explicitly commenting on the status…

    Markets

    ING’s U.S. Business Valued at $5.8 Billion in IPO

    By Ryan WallaceApril 17, 2013

    ING’s ING U.S. IPO was priced between $21 and $24 per share. Using the midpoint of this price range, the…

    Markets

    Baker Hughes Reports Decent Quarter; Profitability Gap Remains Stark

    By Daniel CurranApril 17, 2013

    Baker Hughes reported a respectable quarter during a difficult North American drilling environment while dealing with negative seasonal effects. Revenue…

    BioTech

    GE Reports Mixed First-Quarter Results

    By Erik WitlenApril 17, 2013

    General Electric delivered operating earnings of $0.39 per share, which were ahead of expectations, though the industrial operations were notably…

    Research Reports

    Abbott Makes Progress on its Profitability in First Quarter

    By Ross ShultzApril 16, 2013

    Abbott Labs ABT reported decent first-quarter performance, with top-line results falling slightly short of our estimates but profitability improved, consistent…

    Equities

    Accor Announces Weak 1Q Like-for-Like Sales

    By Daniel CurranApril 16, 2013

    Accor, the fourth-largest hotel company in the world, announced weak first-quarter sales results that were in line with our expectation…

    Morgan Stanley Reports Decent Trading Results, Signs of Wealth Management Leverage in 1Q

    By Martin FloresApril 16, 2013

    Morgan Stanley reported net income to common shareholders of $984 million, or $0.49 per diluted share, on $8.2 billion of…

    Tech

    IBM Posts Disappointing First-Quarter

    By Ross ShultzApril 16, 2013

    IBM’s first-quarter results came in well below expectations, as the firm’s hardware and software results disappointed. Overall revenue declined 5%…

    Mobile and Data Fuel Sales Growth at China Telecom

    By Ross ShultzApril 16, 2013

    China Telecom increased revenue 15.5% to CNY 283 billion ($46 billion) in 2012, or 11.8% to CNY 258 billion excluding…

    CSX Resets Timing Target for Mid-60s Operating Ratio

    By Erik WitlenApril 15, 2013

    CSX improved operating income 2% to a record firstquarter level despite continuing coal weakness. Management pushed out the 2015 target…

    Linear Technology Gives a Mildly Disappointing June Forecast

    By Martin FloresApril 14, 2013

    Linear Technology reported solid fiscal third-quarter earnings but gave investors a fourth-quarter outlook that was modestly less optimistic than our…

    Westamerica’s 1Q Earnings Fall 18%

    By Ryan WallaceApril 12, 2013

    Westamerica Bancorporation reported an 18% yearover- year decline in first-quarter profits, which came to $17.3 million, or $0.64 a share,…

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