DJIA: 18,034.93  +208.63 (1.17%) | NASDAQ: 4,994.602  +62.788 (1.27%) | S&P 500: 2,100.40  +19.22 (0.92%) Markets closed

  • Show Article Details

    - Lockheed Martin Corp (LMT) , the Pentagon's No. 1 weapons supplier, reported a 6 percent fall in quarterly profit, partly due to fewer aircraft deliveries. Weapons makers, including Lockheed and Raytheon Co , have increased focus on international markets and the cybersecurity business as weak U.S. defense spending hits revenue.

  • Show Article Details

    Harley-Davidson Inc (HOG) on Tuesday posted a higher quarterly net profit, but lowered its sales forecast for 2015 citing aggressive price discounting by its competitors. Shares in the motorcycle maker fell more than 6 percent in pre-market trading after the results were announced.

  • Show Article Details

    * Expects 2015 operating earnings at low end of forecast. * Q1 net income $1.13/share vs $1.54/share year earlier. * Q1 sales down 9 pct at $9.17 bln. * Shares down 1.6 pct premarket. Chemical maker DuPont (DD) reported lower sales in all of its businesses and said a strong dollar would take a bigger toll on its full-year earnings than it had expected.

  • Show Article Details

    - Saudi Arabia's Prince Alwaleed bin Talal is in no doubt that James Murdoch is ready to take a much bigger role at Twenty-First Century Fox , by far the largest part of the media empire that James' father Rupert Murdoch built.     "James is a giant!" said Alwaleed, a Murdoch family ally and one of Fox’s top shareholders with a 6.6 percent voting stake, in an interview.

  • Show Article Details

    Brent crude oil steadied around $63 a barrel on Tuesday, not far below the 2015 high, supported by worries that a civil war in Yemen could destabilize the Middle East, affecting oil supplies. Oil has climbed around 15 percent this month due to concern over the conflict in Yemen, Saudi Arabia's southern neighbor.

  • Show Article Details

    Australian stocks got off to a strong start Tuesday, with the S&P/ASX 200 up 0.9% about an hour into trade, brushing off the dust from a 0.8% fall in the previous session. Earnings and production reports were in focus, particularly the quarterly output numbers from Rio Tinto Ltd., which showed a drop in iron-ore shipments from the previous three months, though a gain in copper output. Shares of Rio Tinto were up 2%, slightly trailing rival BHP Billiton Ltd.' s 2.3% advance.

  • Show Article Details

    International Business Machines Corp (IBM) reported a 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives. Shares in the world's largest technology services company flitted around the unchanged mark in after-hours trading.

  • Show Article Details

     Patterson Companies shares closed trading up 0.7% to $47.28 on Monday, continuing to gain following reports that it is looking to sell its rehabilitation supply business for between $500 million and $600 million, according to Reuters.The company has hired Bank of America (BAC) to assist the Minnesota based medical supply distributor with the sale, according to Reuters sources, though neither Bank of...

  • Show Article Details

    Fortinet Inc. (FTNT) shares rallied in the extended session Monday after the network-security company's first- quarter results topped Wall Street estimates. Fortinet (FTNT) shares rose 7.4% to $37.20 on moderate volume. The company reported adjusted first-quarter earnings of 8 cents a share on revenue of $212.9 million.

  • Show Article Details

    Shares of International Business Machines (IBM) are up 0.78% to $167.46 in after-hours trading Monday, following the release of the company's first quarter earnings results. For the first quarter, IBM (IBM) reported earnings of $2.91 per share, higher compared to the $2.80 per share analysts were expecting. However, revenue of $19.6 billion for the period missed the $19.64 billion consensus estimate.

  • Show Article Details

    - International Business Machines Corp (IBM) reported an about 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives. The world's largest technology services company's shares were marginally down at $165.71 in after-hours trading.

  • Show Article Details

     Lennox International shares closed trading down 4.14% to $106.78 on Monday following the release of the climate control solutions provider's first quarter financial results before the opening bell today.The Richardson, TX-based company reported fourth quarter net income of $13.9 million, or 37 cents per share on an adjusted basis which was 9 cents lower than the 46 cents per share analysts wer...

  • Show Article Details

    The Coca-Cola Co. (KO) is expected to release its 2015 first quarter earnings results on Wednesday morning before the market open and analysts are expecting a small decline in earnings per share and revenue that is in line with the previous year's first quarter. Shares of Coca-Cola are up by 0.98% to $40.69 in late afternoon trading on Monday.

  • Show Article Details

    Procter & Gamble (PG) shares are up 0.45% to $82.90 in afternoon trading on Monday after the packaged consumer goods manufacturer announced a 3% increase in its quarterly dividend to 66.29 cents per share from 64.36 cents per share.The new dividend is payable May 15 and is applicable to holders of common and preferred stock at the close of trading on April 27."With this dividend increase, P&G is dem...