Archive for the Category ‘Reporting’

Non Commercial Traders Remain Short the US Dollar

Non Commercial Traders Remain Short the US Dollar

Non commercial traders remain short the US dollar despite the greenback’s rally last week. Non commercials are trend traders thus the current reading is likely due to the lag in reporting for COT data.

U.S. Stocks Gain as McDonald’s Leads Rally in Consumer Shares

U.S. Stocks Gain as McDonald’s Leads Rally in Consumer Shares

U.S. stocks rose, sending the Dow Jones Industrial Average higher for a seventh straight day, as McDonald’s Corp. led a rally in consumer companies after reporting higher-than-estimated monthly sales

Legg Mason Falls Most in 7 Months as Withdrawals Rise

Legg Mason Falls Most in 7 Months as Withdrawals Rise

Legg Mason Inc., the Baltimore-based money manager, fell the most in almost seven months in New York trading after reporting that client withdrawals accelerated in its fiscal third quarter.

Freeport-McMoRan Reduces Its Forecasts for Copper, Gold Sales This Year

Freeport-McMoRan Reduces Its Forecasts for Copper, Gold Sales This Year

Copper sales will be 3.85 billion pounds and gold sales will be 1.4 million ounces this year, the Phoenix-based company said today in a statement reporting fourth-quarter earnings.

DealBook: Goldman Sachs to Fine-Tune Business Practices

The investment bank, criticized for putting its own interests ahead of clients, plans to detail new rules around disclosure and financial reporting on Tuesday.

DealBook: Facebook Readies Track for I.P.O.

According to a document sent to potential investors, Facebook will begin reporting financial results by April 2012.

U.K. to Investigate News Corp. Takeover of BSkyB

Rivals say a merger could limit the diversity of news reporting in Britain, given that British Sky Broadcasting is one of only three main providers of television journalism.

Man Group Jumps After First-Half Profit Beats Firm’s Forecast

Man Group Jumps After First-Half Profit Beats Firm’s Forecast

Man Group Plc, the biggest publicly traded hedge-fund manager, posted its biggest gain in more than five months in London trading after reporting a smaller-than- expected decline in fiscal first-half profit.

Thain’s CIT Jumps to Highest Since Bankruptcy on Profit, Loans

CIT Group Inc., the business lender led by John A. Thain, jumped the most in New York trading since May after reporting a quarterly profit that beat analysts’ estimates and saying loan quality is improving.

Capital One Shares Rise as Profit Beats Estimates

Capital One Shares Rise as Profit Beats Estimates

Capital One Financial Corp., the most profitable U.S. credit-card issuer last year, was today’s second-best performer in Standard & Poor’s 500 Index after reporting earnings that beat analysts’ estimates.