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Abbott EPS $0.42, confirms full-year 2013 guidance
Abbott LaboratoriesThursday April 18, 2013 7:00AM ET
Abbott Laboratories announced financial results for Q1 ended March 31, 2013. Adjusted diluted EPS was $0.42, at the high end of previous guidance; diluted EPS from continuing operations under GAAP was $0.34.
Mattel Q1 sales up 7% to $995.6 million
MattelThursday April 18, 2013 6:29AM ET
Mattel's first quarter 2013 looks very good: worldwide net sales were $995.6 million, up 7%, and earnings per share is $0.11, compared to prior year EPS of $0.02.
Glencore good to go with Xstrata
Glencore XstrataThursday April 18, 2013 6:00AM ET
China cleared the last obstacle to Glencore's $30 billion takeover of Xstrata and Glencore agreed to sell a $5.2 billion mining project to ease its grip on copper.
Atlas Pipeline Partners to buy TEAK Midstream
TEAK MidstreamThursday April 18, 2013 5:30AM ET
Atlas Pipeline Partners will buy 100% of TEAK Midstream, a privately owned midstream operator, for $1 billion in cash.
Coca-Cola grows globally, changes distribution system
Coca-ColaThursday April 18, 2013 4:30AM ET
Coca-Cola reported worldwide volume growth of 4 percent for the first quarter, with 3 percent growth in Coca-Cola Americas and 5 percent growth in Coca-Cola International.
Tesco exits U.S., impact measured in billions
Fresh & EasyWednesday April 17, 2013 7:45AM ET
Tesco confirmed its plan to leave the U.S. market. It also wrote down the value of its global operations by $3.5 billion and decide not to develop more than 100 sites in the UK.
Johnson & Johnson is on good drugs
Johnson & JohnsonWednesday April 17, 2013 7:15AM ET
Johnson & Johnson announced sales of $17.5 billion for the first quarter of 2013, an increase of 8.5% as compared to Q1 2012. The company confirmed its earnings guidance for 2013 to $5.35 - $5.45 per share.
Carl Icahn won't buy more than 10% of Dell
DellWednesday April 17, 2013 6:40AM ET
Dell Inc. achieved an agreement with Carl Icahn under which the investor will not buy more than 10% stake in the company as the takeover process unfolds.
Rio Tinto reported record Q1 iron ore production
Rio TintoWednesday April 17, 2013 6:20AM ET
Rio Tinto reported record first quarter iron ore production, forming grounds for the rise of its shares. Expansion of Pilbara capacity to 290 million tonnes per year remains on budget.
Distell Group buys Burn Stewart Distillers for 160 million pounds
Burn Stewart DistillersWednesday April 17, 2013 3:55AM ET
South African Distell Group has acquired a producer of Scotch whiskies, Burn Stewart Distillers, for 160 million pounds from CL World Brands and Trinidad and Tobago based Angostura.
Spotify is coming to Asia and Latin America
SpotifyTuesday April 16, 2013 8:25AM ET
Music streaming web service Spotify said on its blog it is expanding into Asia and Latin America. Spotify has 24 million active users.
So-net leaves Google in the dust with 2Gbps
So-net EntertainmentTuesday April 16, 2013 7:50AM ET
So-net Entertainment, a Sony-backed internet service provider, offers the world's fastest home broadband service in Japan download speed of 2Gbps.