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Location American Market News for 19 April 2013
After Weak Earnings IBM Is Playing Catch Up This Year International Business Machines has relied on Analytics, Smarter Planet, IBM cloud and other new initiatives to drive growth the past few quarters and this continued in Q1 2013 as well.
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Icahn Unlikely to Bid for Dell Before Vote

Wall Street Journal - 19 Apr 2013 22:00
Investor Carl Icahn is unlikely to follow through on a preliminary offer he made to take control of Dell, and will instead consider a potential hostile bid if shareholders reject an offer from Michael Dell.
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Actively Managed Funds: A Faulty Product?

Forbes - 19 Apr 2013 21:57
Actively Managed Funds: A Faulty Product? We have some fairly high expectations of the products we buy.
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Engineers hit by Spectris woes

Telegraph - 19 Apr 2013 20:06
Engineers hit by Spectris woes The FTSE 250 company plunged after forecasting lower revenue growth.
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Mortgage REITs See Explosive Growth

Wall Street Journal - 19 Apr 2013 19:59
Regulators are casting a skeptical eye on this fast-expanding corner of Wall Street amid worries about the risks they pose to the financial system.
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Formula One's regulators confirm Sunday's Bahrain Grand Prix will go ahead as scheduled, despite protests in the Gulf state.
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Fitch Downgrades U.K.

Wall Street Journal - 19 Apr 2013 18:43
Fitch Ratings has stripped the U.K. of its top-grade triple-A rating, following a similar move by Moody's Investors Service earlier this year.
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Forbes Earnings Preview: CIT Group

Forbes - 19 Apr 2013 18:12
Analysts are expecting CIT Group (CIT) to return to profitability when it reports its first quarter earnings on Tuesday, April 23, 2013. Analysts are expecting CIT to come in at 89 cents per share, bouncing back from a l...
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Forbes Earnings Preview: Nabors Industries

Forbes - 19 Apr 2013 18:12
Analysts expect decreased profit for Nabors Industries (NBR) when the company reports its first quarter results on Tuesday, April 23, 2013. Although Nabors reported profit of 49 cents a year ago, the consensus estimate c...
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Forbes Earnings Preview: Arch Coal

Forbes - 19 Apr 2013 18:12
Arch Coal (ACI) reports its first quarter earnings on Tuesday, April 23, 2013.
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Forbes Earnings Preview: Reynolds American

Forbes - 19 Apr 2013 18:12
Reynolds American (RAI) reports its first quarter earnings on Tuesday, April 23, 2013.
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Forbes Earnings Preview: FMC Technologies

Forbes - 19 Apr 2013 18:11
Analysts expect higher profit for FMC Technologies (FTI) when the company reports its first quarter results on Tuesday, April 23, 2013. The consensus estimate is calling for profit of 46 cents a share, reflecting a rise ...
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Forbes Earnings Preview: Ingersoll-Rand

Forbes - 19 Apr 2013 18:11
Wall Street is expecting higher profit for Ingersoll-Rand (IR) when the company reports its first quarter results on Tuesday, April 23, 2013. The consensus estimate is calling for profit of 41 cents a share, a rise from ...
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Forbes Earnings Preview: Torchmark

Forbes - 19 Apr 2013 18:10
Torchmark (TMK) reports its first quarter earnings on Tuesday, April 23, 2013.
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Forbes Earnings Preview: Yum! Brands

Forbes - 19 Apr 2013 18:10
Leading up to Yum! Brands' (YUM) announcement of its first quarter earnings on Tuesday, April 23, 2013 analysts have become more wary as expectations have fallen over the past month to earnings of 62 cents per share from...
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BlackRock Buys 30-Yr Treasury Bonds

Wall Street Journal - 19 Apr 2013 17:55
BlackRock Inc., the world's biggest money manager, has turned bullish on 30-year Treasury bonds at a time when worries over the economy have derailed some investors' expectations for higher yields and lower prices.
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Optimism surrounds ARM Holdings (ARMH), as it gets ready to report its first quarter results on Tuesday, April 23, 2013. Analysts are expecting the company to book a profit of 17 cents a share, up from 13 cents a year ag...
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Forbes Earnings Preview: VMware

Forbes - 19 Apr 2013 17:44
Analysts foresee VMware (VMW) announcing decreased profits on Tuesday, April 23, 2013, when it reports its first quarter earnings. Despite this, they are generally optimistic about the stock.
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Forbes Earnings Preview: Owens & Minor

Forbes - 19 Apr 2013 17:43
Owens & Minor (OMI) is expected to report poor first quarter earnings on Tuesday, April 23, 2013 with analysts expecting a 8.7% drop in earnings from a year ago. The consensus estimate is 42 cents per share, down from ea...
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Wall Street is optimistic about Edwards Lifesciences (EW), which is slated to report its first quarter results on Tuesday, April 23, 2013. Analysts project a profit of 76 cents a share, a rise from 53 cents per share a y...
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Forbes Earnings Preview: Broadcom

Forbes - 19 Apr 2013 17:40
Analysts foresee Broadcom (BRCM) announcing decreased profits on Tuesday, April 23, 2013, when it reports its first quarter earnings. Despite this, they are generally optimistic about the stock.
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Analysts are looking for decreased profit for Illinois Tool Works (ITW) when the company reports its results for the first quarter on Tuesday, April 23, 2013. Illinois Tool reported profit of 97 cents a year ago, but the...
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