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boeing beats 1q profit forecasts


chicago — boeing co. is reporting a first-quarter profit of $1.45 billion.the chicago-based company said it had net income of $2.34 per share. earnings, adjusted for non-recurring gains, came to $2.01 per share.the results surpassed wall street expectations. the average estimate of 10 analysts surveyed by zacks investment research was for earnings of $1.91 per share.the airplane builder posted revenue of $20.98 billion in the period, falling short of street forecasts. five analysts surveyed by zacks expected $21.44 billion.boeing expects full-year earnings in the range of $9.20 to $9.40 per share._____this story was generated by automated insights (http://automatedinsights.com/ap) using data from zacks investment research. access a zacks stock report on ba at https://www.zacks.com/ap/ba___






union pacific beats street 1q forecasts


omaha, neb. — union pacific corp. is reporting first-quarter profit of $1.07 billion.on a per-share basis, the omaha, nebraska, company said it had profit of $1.32.the results exceeded wall street expectations. the average estimate of 11 analysts surveyed by zacks investment research was for earnings of $1.23 per share.the railroad posted revenue of $5.13 billion in the period, also surpassing street forecasts. eight analysts surveyed by zacks expected $5 billion.union pacific shares have climbed slightly more than 6 percent since the beginning of the year._____this story was generated by automated insights (http://automatedinsights.com/ap) using data from zacks investment research. access a zacks stock report on unp at https://www.zacks.com/ap/unp_____keywords: union pacific, earnings rep






hasbro beats street 4q forecasts


pawtucket, r.i. — hasbro inc. reported fourth-quarter earnings of $192.7 million.on a per-share basis, the pawtucket, rhode island-based company said it had net income of $1.52. earnings, adjusted for et impairment costs, e to $1.64 per share.the results surp ed wall street expectations. the average estimate of six analysts surveyed by zacks investment research was for earnings of $1.28 per share.the toy maker posted revenue of $1.63 billion in the period, which also beat street forecasts.for the year, the company reported profit of $551.4 million, or $4.34 per share. revenue was reported as $5.02 billion._____this story was generated by automated insights (http://automatedinsights.com/ap) using data from zacks investment research. access a zacks stock report on has at https://www.zacks.co






science says: weather forecasts improve, under the radar


make fun of the weatherman if you want but modern forecasts have quietly, by degrees, become much better.washington (ap) — make fun of the weatherman if you want but modern forecasts have quietly, by degrees, become much better.meteorologists are now as good with their five-day forecasts as they were with their three-day forecasts in 2005. both government and private weather forecasting companies are approaching the point where they get tomorrow’s high temperature right nearly 80 percent of the time. it was 66 percent 11 years ago, according to forecastwatch , a private firm that rates accuracy of weather forecasts.that may not always be appreciated, especially if your livelihood depends on getting rain and snow amounts, and timing, just right, all the time. “they don’t know what’s going t






valeant tops 1q profit forecasts


laval, quebec — valeant pharmaceuticals international inc. is reporting first-quarter net income of $628 million, after reporting a loss in the same period a year earlier.the company said it had profit of $1.79 per share. earnings, adjusted for non-recurring costs, were $2.80 per share.the results surpassed wall street expectations. the average estimate of eight analysts surveyed by zacks investment research was for earnings of 96 cents per share.the drugmaker posted revenue of $2.11 billion in the period, which missed street forecasts. five analysts surveyed by zacks expected $2.16 billion.shares of the laval, quebec, company surged in premarket trading._____this story was generated by automated insights (http://automatedinsights.com/ap) using data from zacks investment research. access a






pepsico beats 4q profit forecasts


purchase, n.y. — pepsico inc. (pep) on wednesday reported fourth-quarter profit of $1.4 billion.on a per-share basis, the purchase, new york-based company said it had profit of 97 cents. earnings, adjusted for non-recurring costs and restructuring costs, came to $1.20 per share.the results beat wall street expectations. the average estimate of seven analysts surveyed by zacks investment research was for earnings of $1.16 per share.the food and beverage company posted revenue of $19.52 billion in the period, missing street forecasts. three analysts surveyed by zacks expected $19.6 billion.pepsico expects full-year earnings to be $5.09 per share._____this story was generated by automated insights (http://automatedinsights.com/ap) using data from zacks investment research. access a zacks stoc






science says: weather forecasts improve, under the radar


washington — make fun of the weatherman if you want but modern forecasts have quietly, by degrees, become much better.meteorologists are now as good with their five-day forecasts as they were with their three-day forecasts in 2005. both government and private weather forecasting companies are approaching the point where they get tomorrow's high temperature right nearly 80 percent of the time. it was 66 percent 11 years ago, according to forecastwatch , a private firm that rates accuracy of weather forecasts.that may not always be appreciated, especially if your livelihood depends on getting rain and snow amounts, and timing, just right, all the time. "they don't know what's going to happen," complained washington taxi driver antenhe lashitew. he makes more money when it rains or snows, so






unitedhealth tops street 1q forecasts


minnetonka, minn. — unitedhealth group inc. on tuesday reported first-quarter net income of $2.17 billion.on a per-share basis, the minnetonka, minnesota-based company said it had net income of $2.23. earnings, adjusted for amortization costs, were $2.37 per share.the results exceeded wall street expectations. the average estimate of 11 analysts surveyed by zacks investment research was for earnings of $2.18 per share.the largest u.s. health insurer posted revenue of $48.72 billion in the period, which also beat street forecasts. seven analysts surveyed by zacks expected $48.37 billion.unitedhealth expects full-year earnings in the range of $9.65 to $9.85 per share, with revenue expected to be $200 billion.unitedhealth shares have increased 4.5 percent since the beginning of the year, whil






more pension rate hikes needed at calpers


there’s more bad news to come from calpers, the nation’s largest pension plan.in december, the board of the california public employees’ retirement system approved phase-in of a rate increase for the state and local government agencies that provide most of its funding.but it won’t be enough to shore up the ailing system. that’s why next month the board will begin a review process that’s likely to lead to approval as early as december of another increase.that’s right. even as the state and local governments across california struggle to figure out how they’re going to cut services and reduce staffing to pay for the first round of increases, they’re likely to face another one.as painful as it will be, there are no responsible options. if calpers doesn’t act, the problem will only get worse.






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eu raises growth forecasts despite risks from brexit, trump


brussels—the european union on monday raised economic growth forecasts for 2017, predicting growth across the bloc even as it faces mounting political risks and uncertainties.in its first economic forecasts since u.s. president donald trump took office, the european commission, the eu’s executive arm, said the bloc had shown its economic resilience to shocks last year, when the u.k. voted to leave the union.in the latest of...






eu raises growth forecasts despite risks from brexit, trump


brussels—the european union on monday raised economic growth forecasts for 2017, predicting growth across the bloc even as it faces mounting political risks and uncertainties.in its first economic forecasts since u.s. president donald trump took office, the european commission, the eu’s executive arm, said the bloc had shown its economic resilience to shocks last year, when the u.k. voted to leave the union.the commission,...






johnson & johnson tops 1q profit forecasts


new brunswick, n.j. (ap) — johnson & johnson on tuesday reported first-quarter profit of $4.42 billion.on a per-share basis, the new brunswick, new jersey-based company said it had profit of $1.61. earnings, adjusted for costs related to mergers and acquisitions and amortization costs, came to $1.83 per share.the results beat wall street expectations. the average estimate of 11 analysts surveyed by zacks investment research was for earnings of $1.77 per share.the world’s biggest maker of health care products posted revenue of $17.77 billion in the period, which did not meet street forecasts. six analysts surveyed by zacks expected $18.01 billion.most read stories3-course dinners for $32 starting april 2.johnson & johnson expects full-year earnings in the range of $7 to $7.15 per share, wit






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wal-mart tops street 4q forecasts


bentonville, ark. (ap) — wal-mart stores inc. on tuesday reported fiscal fourth-quarter earnings of $3.76 billion.on a per-share basis, the bentonville, arkansas-based company said it had net income of $1.22. earnings, adjusted for severance costs, came to $1.30 per share.the results topped wall street expectations. the average estimate of 13 analysts surveyed by zacks investment research was for earnings of $1.29 per share.the world’s largest retailer posted revenue of $130.94 billion in the period, which also beat street forecasts. eight analysts surveyed by zacks expected $130.55 billion.most read storiessave 75% on digital access today.wal-mart expects full-year earnings to be $4.20 to $4.40 per share.wal-mart shares have climbed slightly since the beginning of the year, while the stan






altria misses 1q profit forecasts


richmond, va. — altria group is reporting first-quarter net income of $1.4 billion.on a per-share basis, the richmond, virginia, company had net income of 72 cents. earnings, adjusted for non-recurring costs, were 73 cents per share.the results missed wall street's per-share expectations of 74 cents according to a poll by zacks investment research.the nation's largest cigarette maker posted revenue of $6.08 billion in the period. adjusted revenue was $4.59 billion.altria expects full-year earnings in the range of $3.26 to $3.32 per share._____this story was generated by automated insights (http://automatedinsights.com/ap) using data from zacks investment research. access a zacks stock report on mo at https://www.zacks.com/ap/mo_____keywords: altria, earnings report, priority earnings






expeditors’ 4q results top forecasts


seattle (ap) — expeditors international of washington inc. on tuesday reported fourth-quarter earnings of $110.6 million.the seattle-based company said it had profit of 61 cents per share.the results exceeded wall street expectations. the average estimate of six analysts surveyed by zacks investment research was for earnings of 59 cents per share.the logistics services provider posted revenue of $1.64 billion in the period, also exceeding street forecasts. three analysts surveyed by zacks expected $1.62 billion.most read storiessave 75% on digital access today.for the year, the company reported profit of $430.8 million, or $2.36 per share. revenue was reported as $6.1 billion.expeditors international shares have climbed nearly 7 percent since the beginning of the year, while the standard &






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meteorologist chides christie over weather service criticism


mount holly, n.j. — a former top meteorologist is calling out new jersey gov. chris christie for complaining about high snow forecasts that failed to materialize.several inches of snow were expected tuesday. but most of the state saw just rain and a little snow.the republican governor called the storm a "big underperformer" and said he's had his fill with the national weather service.gary szatkowski is a former chief meteorologist in the service's mount holly office. he tells the philadelphia inquirer (http://bit.ly/2m126nh ) he expected a more "responsible perspective" from christie. he cites an "outstanding forecast" during superstorm sandy and the "disastrous" way the information was used.weather service acting chief joe miketta acknowledges the accumulation forecasts were overdone. but






marriott and pentair rise while hertz and tegna skid


new york — stocks that moved substantially or traded heavily tuesday:marriott international inc., up $6.13 to $102.50the hotel chain raised its annual estimates following a strong first-quarter report.hertz global holdings inc., down $2.11 to $12.80the rental car company missed wall street forecasts as prices fell and its cars lost value.tegna inc., down $1.74 to $24.05the media and marketing company's profit and sales fell short of analyst estimates.pentair plc, up $1.64 to $67.73the industrial products company said it will split itself into two companies.pandora media inc., down 46 cents to $9.94the streaming music company cut its revenue estimate for the year and shook up its board.sealed air corp., down $4.11 to $42.30the packaging company slashed its 2017 forecasts after its first-qua






altria beats 4q profit forecasts


richmond, va. — altria group is reporting fourth-quarter net income of $10.28 billion.the richmond, virginia-based company said it had profit of $5.27 per share. earnings, adjusted for non-recurring gains, e to 68 cents per share.the results topped wall street expectations. the average estimate of six analysts surveyed by zacks investment research was for earnings of 67 cents per share.the owner of philip morris usa, the nation's largest cigarette maker posted revenue of $6.25 billion in the period. its adjusted revenue was $3.98 billion.altria expects full-year earnings in the range of $3.26 to $3.32 per share._____this story was generated by automated insights (http://automatedinsights.com/ap) using data from zacks investment research. access a zacks stock report on mo at https://www.zac






penney reports 1q loss


plano, texas — j.c. penney co. (jcp) is reporting a loss of $180 million in its fiscal first quarter.on a per-share basis, the plano, texas, company said it had a loss of 58 cents. earnings, adjusted for one-time gains and costs, were 6 cents per share.the results exceeded wall street expectations. analysts surveyed by zacks investment research expected a per-share loss of 22 cents.the department store operator posted revenue of $2.71 billion, missing street forecasts. seven analysts surveyed by zacks expected $2.76 billion.penney expects full-year earnings in the range of 40 cents to 65 cents per share._____this story was generated by automated insights (http://automatedinsights.com/ap) using data from zacks investment research. access a zacks stock report on jcp at https://www.zacks.com/






5 ways business investment loans can help your start-up


as a business owner, you know your business inside out and are the best judge of its potential. while naysayers will always warn you against taking a business investment loan, it is sometimes nevertheless necessary in order to help your business achieve growth. listed below are 5 ways in which a business investment loan can […] the post 5 ways business investment loans can help your start-up appeared first on dumb little man.






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world bank forecasts global economic growth to hit seven-year high next year


washington—a rebound in trade growth from postcrisis lows should help perk up the global economy next year to its fastest pace in nearly seven years, the world bank said sunday.but a host of risks threaten a recovery in major emerging markets and an accelerating expansion in rich economies, the bank said in its flagship report.the development institution forecasts global growth will hit 2.9% in 2018, up from 2.7% this year....






goldman sachs' profits miss forecasts as trading struggled


new york — goldman sachs had a rare miss in its first quarter results, the bank said tuesday, as its typically best-in-class trading desks did not perform as well as its competitors. the bank's stock to fall in pre-market trading.the new york-based investment bank earned $2.16 billion compared with $1.2 billion in the same period a year earlier. on a per-share basis, goldman sachs earned $5.15 a share versus $2.68 a share in the same period a year earlier. but goldman's results were well below the $5.31 a share expected by analysts, according to factset.in a statement, goldman sachs chairman and ceo lloyd blankfein called the quarter "mixed" and that client activity was "challenged."unlike its competitors, goldman's trading desks struggled in the first quarter. the bank's trading division






jpmorgan beats profit forecasts, helped by interest rates


new york (ap) — jpmorgan chase reports first-quarter earnings that easily beat analysts’ estimates, helped by the slow and steady climb of interest rates from a year earlier as well a solid performance in investment banking.the nation’s largest bank by assets reported net income of $6.45 billion, or $1.65 per share, compared with net income of $5.52 billion, or $1.35 a share from a year earlier. analysts surveyed by factset expected the bank to earn $1.51 a share.as expected, jpmorgan’s bottom line benefited directly from the federal reserve’s push to raise interest rates over the past year. net revenue on a managed basis were $25.59 billion compared with $24.08 billion in the same period a year earlier. interest income at jpmorgan rose $12.39 billion compared with $11.67 billion a year ag






jpmorgan beats profit forecasts, helped by interest rates


new york (ap) — jpmorgan chase reported first-quarter earnings that easily beat analysts’ estimates thursday, helped by a steady climb in interest rates from a year earlier as well a solid performance in investment banking.the nation’s largest bank by assets reported net income of $6.45 billion, or $1.65 per share, compared with net income of $5.52 billion, or $1.35 a share from a year earlier. analysts surveyed by factset expected the bank to earn $1.51 a share.as expected, jpmorgan’s bottom line benefited directly from the federal reserve’s push to raise interest rates over the past year. net revenue on a managed basis were $25.59 billion compared with $24.08 billion in the same period a year earlier. interest income at jpmorgan rose $12.39 billion compared with $11.67 billion a year ago






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cleaner robot pulled from ushima reactor due to radiation


tokyo — a remote-controlled "cleaning" robot that entered one of three wrecked ushima reactor containment chambers was withdrawn before completing its mission due to glitches most likely caused by high radiation.tuesday's mission was the first time a robot entered the chamber since the march 2011 tsunami critically damaged the nuclear plant.tokyo electric power co. said the intent was to inspect and clean a p age before another robot does a fuller examination later this month.the robot went only partway into a space under the core that tepco wants to inspect closely. the outcome means the second robot will encounter more obstacles and have less time for examination.images recently captured from inside the chamber showed damage and structures coated with molten material, possibly mixed with