Caterpillar Inc. (NYSE:CAT) stated it’s getting on top of the problem. Inventories held by Caterpillar and its accorders will fall in the second half by a similar amount to the last six months of 2014, when they dropped by about $2.1 billion, Vice President of Financial Services Michael Dewalt stated […]

Xerox Corporation (NYSE:XRX) stated second-quarter net income from continuing operations to firmof $107 million or $0.09 per share, compared to $255 million or $0.21 per share, a year ago. Adjusted earnings per share was $0.22, for the quarter. On average, ten analysts polled by Thomson Reuters predictable the firmto report […]

American Express Company (NYSE:AXP) stated second-quarter earnings fell 3.7% as the firmstated it is seeing lower spending growth on Costco Wholesale Corp. co-branded cards in the U.S. ahead of the end next year of its exclusive relationship with the warehouse club. AmEx stated its international operations were also hit by […]

SanDisk Corp. (NASDAQ:SNDK) recently reported results for the Q2 ended June 28, 2015. Q2 income of $1.24B reduced 24 percent on a year-over-year basis and reduced 7 percent sequentially. “During the Q2, we strengthened our portfolio with several new product launches in both the retail and commercial channels,” stated Sanjay […]

The Dow Chemical Company (NYSE:DOW) stated second-quarter earnings that beat analysts’ estimates as the plastics business posted record profit on lower costs for oil and natural gas. “Performance plastics experienced the highest margin growth” amid lower feedstock costs and good price management, Hassan Ahmed, a New York-based analyst at Alembic […]

Facebook, Inc. (NASDAQ:FB) reported that it had argued that traditional search warrants ought not apply in the same way to its information since the firm must actually retrieve data on behalf of police, the New York Times explained, but the panel unanimously rejected that argument. Instead, the court ruled, only […]