Business News

microsoft-012615.jpgSoftware giant Microsoft Corp. said Monday after the markets closed that its second quarter profit fell 11% from last year, hurt mainly by integration and restructuring costs as well as higher income tax expenses even as revenue increased 8% due to strong sales of its gadgets and cloud-based products.

Plum Creek Timber Q4 Results Top Estimates

Real estate investment trust Plum Creek Timber Co., Inc. (PCL) reported Monday a profit for the fourth quarter that grew from last year, reflecting strong double-digit revenue growth. Both earnings per share and quarter revenues topped analysts' expectations. The company also provided earnings guidance...

Philippines Nov Trade Balance Swings To Surplus Unexpectedly

The trade balance in the Philippines unexpectedly turned to a surplus in November, preliminary data from the National Statistics Office showed Tuesday. The trade surplus came in as $272 million in November following the revised $194 million deficit in October. Economists had expected the trade deficit...

Australia Business Confidence Index +2 In December, Conditions +4 - NAB


WSJ: TE Connectivity Nearing $3 Bln Sale Of Network Business To CommScope

Diversified electronics maker TE Connectivity Ltd. is nearing a deal to sell its network solutions business unit to CommScope Holding Co., Inc. (COMM) in a deal valued at about $3 billion, according a Wall Street Journal report on Monday. A deal could be announced as early as this week. The network...

Actavis Says Registration Statement For Pending Acquisition Of Allergan Declared Effective By SEC

Borderfree To Acquire Bundle Tech


Packaging Corp. Of America (PKG) Is Down After Q4 Report

Packaging Corp. of America (PKG) reported fourth quarter adjusted EPS of $1.16 after the bell Monday, up from $1.05 a year ago. The consensus estimate was for EPS of $1.17. First quarter EPS is expected to be between $1.07 and $1.10. Analysts are expecting EPS of $1.26. The stock is now down 4.71 on...

Box Shares Soar 66% On Market Debut

Shares of Box, Inc. (BOX) soared 66 percent above the online-storage firm's initial public price on its market debut on Friday. The stock closed at $23.23, up $9.23 or 65.93 percent on a volume of 42.59 million shares in its first day of trading on the New York Stock Exchange on Friday. The stock...

Plum Creek Timber Q4 14 Earnings Conference Call At 5:00 PM ET

Plum Creek Timber Co. (PCL) will host a conference call at 5:00 PM ET on Jan. 26, 2015, to discuss its Q4 14 earnings results. To access the live webcast, log on at www.plumcreek.com To hear the live call, dial 1-800-572-9852 (US) or 1-706-645-9676 (Intl). A replay of the call can be heard by...
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01/26/15 21:0CB Coincidence IndexDEC China
01/26/15 21:0CB Leading IndexDEC China
01/26/15 20:0ExportsNOV Philippines
01/26/15 20:0ImportsNOV Philippines
01/26/15 20:0Trade BalanceNOV Philippines
01/26/15 19:30NAB Business ConditionsDEC Australia
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