3 Things Kinder Morgan Inc Investors Should Keep an Eye on This Quarter

3 Things Kinder Morgan Inc Investors Should Keep an Eye on This Quarter

This year has been a frustrating one for Kinder Morgan (NYSE: KMI) investors, considering that shares are down more than 9% since January. That decline is a bit of a head-scratcher since the company’s underlying operations have outperformed expectations, enabling it to remain slightly ahead of pace on its full-year guidance. Furthermore, the pipeline giant completed the repair work on its balance sheet, which positions it to ramp up cash distributions to shareholders starting next…

Read More

Boeing slams Airbus, Bombardier deal as means to ‘skirt’ US trade findings

Boeing slams Airbus, Bombardier deal as means to ‘skirt’ US trade findings

European airplane manufacturer Airbus announced it would take a majority stake in Canadian plane maker Bombardier’s C-Series jet program on Monday, a deal viewed by Airbus’ main competitor – Boeing (BA) – as a way to potentially sidestep recent findings by U.S. trade courts. Continue Reading Below Airbus has acquired a 50.01% stake in the Bombardier’s C-Series jet platform, a narrower plane that Airbus sees as having significant future growth potential, giving Bombardier a new…

Read More

US industrial production rose a solid 0.3 percent in September, but growth stunted by hurricanes

US industrial production rose a solid 0.3 percent in September, but growth stunted by hurricanes

Quotes delayed at least 15 minutes. Real-time quotes provided by BATS BZX Real-Time Price. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions. This material may not be published, broadcast, rewritten, or redistributed. ©2017 FOX…

Read More

US worried about dwindling independent media in Hungary

US worried about dwindling independent media in Hungary

BUDAPEST, Hungary –  The top U.S. diplomat in Hungary raised concerns on Tuesday about the dwindling numbers of independent media outlets in Hungary and the growing influence of government allies in the media market. Continue Reading Below David Kostelancik, the charge d’affaires at the U.S. Embassy, said that while there is independent media in Hungary, the publications “face pressure and intimidation.” “Government allies have steadily acquired control and influence over the media market without objection…

Read More

CSX meets 3Q profit forecasts

CSX meets 3Q profit forecasts

JACKSONVILLE, Fla. –  CSX Corp. (CSX) on Tuesday reported third-quarter net income of $459 million. Continue Reading Below On a per-share basis, the Jacksonville, Florida-based company said it had net income of 51 cents. The results matched Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was also for earnings of 51 cents per share. The freight railroad posted revenue of $2.74 billion in the period, which fell short of…

Read More

Harley-Davidson beats profit estimates, backs full-year forecast

Harley-Davidson beats profit estimates, backs full-year forecast

Oct 17 (Reuters) – U.S. motorcycle maker Harley-Davidson Inc (HOG) reported a better-than-expected quarterly profit on Tuesday and maintained its full-year shipments forecast, despite prolonged weak demand in its home market. Continue Reading Below Harley’s U.S. retail motorcycle sales, or sales by dealers to customers, fell 8.1 percent in the third quarter ended Sept. 24. The company’s total global retail sales dipped 6.9 percent. Still, the Milwaukee-based company said it expects to ship 241,000 to 246,000…

Read More

Johnson & Johnson tops Street 3Q forecasts, hikes forecast

Johnson & Johnson tops Street 3Q forecasts, hikes forecast

NEW BRUNSWICK, N.J. –  Higher spending across the board drove Johnson & Johnson’s third-quarter profit down 12 percent, despite a big jump in sales fueled by recent acquisitions, hot new cancer drugs and strong sales of other key medicines. Continue Reading Below However, the health care giant easily topped Wall Street expectations. With momentum in product sales across all three of its business segments, Johnson & Johnson boosted its financial forecast for the third time…

Read More

Israel Aerospace Industries, Hankuk Carbon, to make drones

Israel Aerospace Industries, Hankuk Carbon, to make drones

JERUSALEM –  Israel Aerospace Industries says it has formed a joint venture with Korean company Hankuk Carbon to make unmanned aircraft together. Continue Reading Below It says the new company, called Korea Aviation Technologies, will develop drones with vertical takeoff and landing capabilities. Its products will be aimed at both the military and civilian markets in South Korea. The two companies signed their joint venture agreement on Tuesday at the International Aerospace and Defense Exhibition…

Read More

J&J reports 11.9 pct fall in quarterly profit

J&J reports 11.9 pct fall in quarterly profit

Oct 17 (Reuters) – Johnson & Johnson, which completed its $30 billion acquisition of Swiss biotech Actelion in June, reported a 11.9 percent fall in quarterly profit as costs rose. Continue Reading Below The company’s net earnings fell to $3.76 billion, or $1.37 per share, in the third quarter from $4.27 billion, or $1.53 per share, a year earlier. More from FOX Business However, the diversified healthcare company’s sales rose 10.3 percent to $19.65 billion…

Read More

UnitedHealth beats 3Q earnings forecast, hikes 2017 guidance

UnitedHealth beats 3Q earnings forecast, hikes 2017 guidance

UnitedHealth Groups’ third-quarter earnings soared 26 percent to beat Wall Street expectations as its growing Optum business segment once again helped the nation’s largest health insurer. Continue Reading Below The Minnetonka, Minnesota, company earned nearly $2.49 billion as revenue grew 9 percent to $50.32 billion. Adjusted earnings totaled $2.66 per share. FactSet says analysts had expected earnings of $2.56 per share on $50.35 billion in revenue. Health insurance is UnitedHealth’s main business. But it also…

Read More
1 944 945 946 947 948 960