Valmont’s Net Down

Second quarter 2010 earnings for Valmont Industries Inc. (NYSE:VMI), a leading global manufacturer of engineered products, plummeted 61% to $17.1 million or 65 cents per share from last year’s $44.2...

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HDFC Bank’s Profit Escalates

On Monday, HDFC Bank (NYSE:HDB) reported fiscal first quarter 2011 (ended June 30, 2010) net earnings of INR8.11 billion (US$178.2 billion), up 33.9% from the prior-year quarter. Results improved prim...

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Cincinnati Financial Tops

Cincinnati Financial Corp.’s (NASDAQ:CINF) second-quarter net income of 26 cents per share came ahead of the Zacks Consensus Estimate of 22 cents. Results were significantly better than the prior-ye...

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Vistaprint Records Mixed Results

Vistaprint N.V. (NASDAQ:VPRT) recorded its fourth-quarter 2010 adjusted earnings of $17.3 million or 38 cents per share, which declined 12% year over year but surpassed the Zacks Consensus Estimate of...

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The dollar pared declines against the Japanese yen on Thursday in the aftermath of a government report showing new U.S. claims for unemployment benefits fell slightly more than expected last week.

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Missing from almost all discussion of America’s dizzying rate of unemployment is the brute fact that hourly wages of people with jobs have been dropping, adjusted for inflation. Average weekly earni...

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A. O. Smith Q2 Tops

A. O. Smith Corp. (NYSE:AOS) posted a 22.1% decline in 2010 second-quarter earnings to $16.6 million or 54 cents per share from $21.3 million or 84 cents per share in the year-ago period. The decline ...

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Dollar Loses Some Momentum against Majors

The U.S. dollar lost slight momentum against major currencies after the U.S. Commerce Department announced today that durable goods orders declined in June opposite to expectations.7 Vote(s)...

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CBSH Beats Estimates

Commerce Bancshares Inc. (NASDAQ:CBSH) reported its second quarter 2010 earnings per share of 71 cents, substantially ahead of the Zacks Consensus Estimate of 58 cents and significantly ahead of 53 ce...

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Is The US Economy Headed For Deflation?

With inflation low and the recovery waning, a growing chorus of analysts is beginning to suspect that U.S. policymakers aren’t doing enough to head off deflation. U.S. producer prices fell for...

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