H-P Restates First Quarter Numbers

The world’s largest computer maker Hewlett-Packard Company (NYSE:HPQ) recently came out with a revised version of its first quarter 2010 earnings, whereby the company lowered its net profit by $73.0...

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Coca Cola To Buy Its Biggest Bottler

The Coca Cola Company (NYSE:KO) intends to buy the North American operations of its biggest bottler, Coca Cola Enterprises (NYSE:CCE). Although the exact value of the deal is not yet finalized, the tr...

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Peabody To Cut CO2 Emissions

Peabody Energy Corp. (NYSE:BTU) signed an agreement with GreatPoint to pursue development of coal-to-gas and coal-to-hydrogen projects in the U.S. and around the world with carbon capture and storage ...

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Metal Tiger

A sign of the times is seen in the deal the CME Group (NASDAQ:CME), umbrella for the Chicago and NYMEX commodity bourses, is buying 90% of the Dow Jones index system from News Corporation (NYSE:NWS). ...

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BNY Mellon Acquires BHF

As part of its initiative to expand its global market share, Bank of New York Mellon Corp. (NYSE:BK) is acquiring Germany’s BHF Asset Servicing GmbH for $343 million. The deal, which is expected...

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WNR Loss Narrows But Stays “Sell”

Oil refiner and marketer Western Refining Inc. (NYSE:WNR) reported better-than-expected fourth quarter results, helped by higher sales volumes. Its loss per share, excluding special items, came in at ...

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DuPont To Open A New Facility

The world’s second-leading chemical company, DuPont (NYSE:DD) has recently announced that its subsidiary, Pioneer Hi-Bred, plans to construct a commercial and parent soybean seed production faci...

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Kodak Prices $500 Million Notes

Recently, Eastman Kodak Company (NYSE:EK) announced the pricing of its private placement of $500 million, the total principal amount of 9.75% senior secured notes due 2018.   Kodak intends to use...

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Merck Ests Revised Downward

Earnings estimates for Merck & Co. (NYSE:MRK) are on the lower side following the release of fourth quarter and full-year 2009 results. The company’s earnings per share (EPS) came in at 79 cents...

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Collective Brands Tops Estimates

Collective Brands, Inc. (NYSE:PSS), the wholesaler and retailer of footwear and related accessories, recently posted fourth-quarter 2009 results that topped the Zacks expectation on the heels of a str...

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