- Freddie Mac posts $4.2B profit in 2Q; paying $3.9B dividend
Kansas City Star, Tuesday - 08/04/2015 - 09:17 AM
Mortgage giant Freddie Mac reported net income of $4.2 billion for the second quarter, up sharply from the same period of 2014, as it increased its purchases of home loans and sold off greater volumes of riskier mortgages. …
- CVS Health beats Street 2Q forecasts
Daily Oklahoman, Tuesday - 08/04/2015 - 08:02 AM
CVS Health Corporation (CVS) on Tuesday reported second-quarter earnings of $1.27 billion. The Woonsocket, Rhode Island-based company said it had profit of $1.12 per share.
- Aetna tops 2Q profit forecasts
Daily Oklahoman, Tuesday - 08/04/2015 - 06:49 AM
- Community Health Plans Spinoff, Reports Jump in Earnings
Wall Street Journal, Monday - 08/03/2015 - 06:19 PM
Community Health Systems Inc. raised its earnings guidance for the year as its second-quarter profit more than doubled thanks to its acquisition of Health Management Associates Inc.
- Pimco says SEC is looking into its total return fund
St. Louis Post-Dispatch, Monday - 08/03/2015 - 05:36 PM
Investment giant Pimco says the Securities and Exchange Commission is looking into its total-return fund.
- UK jury says trader guilty of manipulating key interest rate
St. Louis Post-Dispatch, Monday - 08/03/2015 - 10:20 AM
A British jury has found a former Citibank and UBS trader guilty of being the ringmaster in the manipulation of a key interest rate, the London Interbank Lending Rate, or Libor.
- Alpha Natural files for Ch. 11 bankruptcy protection
St. Louis Post-Dispatch, Monday - 08/03/2015 - 09:20 AM
Alpha Natural Resources is filing for Chapter 11 bankruptcy protection, the fourth big coal producer to do so within the last two years.
- Sears sales fall sharply in 2Q as it spins off real estate
Associated Press, Monday - 08/03/2015 - 08:23 AM
Sears Holdings Corp. says a key sales figure fell sharply in the second quarter, particularly dragged down by weakness at its namesake stores. It's at least the 10th straight quarter that the metric has declined.
- Who wins and loses under Obama's stricter power plant limits
Associated Press, Monday - 08/03/2015 - 03:18 AM
President Barack Obama is mandating even steeper greenhouse gas cuts from U. S. power plants than previously expected, while granting states more time and broader options to comply.
- AP-GfK poll: Americans favor farmers & food during drought
Daily Oklahoman, Monday - 08/03/2015 - 03:10 AM
A new Associated Press-GfK poll finds most Americans think of water as a limited resource that can be depleted if people use too much. The national survey provides a glimpse into how Americans think water should be managed when abnormally dry weather is afflicting parts of the country, and water shortages in some states have led to conflict over who should get water and how much. The poll of 1,004 adults found that two-thirds believe water is a limited resource that should be conserved. And 70 percent believe government should restrict how much residents and businesses use when drought takes hold. Asked to rate the importance of needs when water is scarce, 74 percent say agriculture should be a top or high priority.
- HSBC profit rises 10 percent, bank selling Brazil unit
Associated Press, Monday - 08/03/2015 - 12:58 AM
HSBC Corp. says strong performance in Asia helped to boost first-half profit to 10 percent, and the bank has announced the sale of its Brazil business.
- Asian stocks fall on weak Chinese manufacturing, oil slump
St. Louis Post-Dispatch, Monday - 08/03/2015 - 12:36 AM
Asian stocks fell Monday on weaker Chinese manufacturing and lower oil prices as investors looked ahead to U. S. data on factory output and employment.