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Monsanto Company (MON) has signed a long-term supply contract with Air Products (APD), the leading global hydrogen provider. According to the contract, Air Products will build a new world-scale hydrogen production plant to be located at Monsanto’s Luling, Louisiana, Roundup facility. The new hydrogen plant is scheduled to be on-stream in Jan 2012.
Air Products will [...]
BloggingStocks: Crop protection and seed company Syngenta Ag's (NYSE: SYT) stock has underperformed since the June 16, 2009 Buy recommendation at $47.82.The stock did break through the psychologically-significant $50 level, but it failed at level and has since ... Read more
Power tools and accessories maker Black & Decker Corp. (BDK) is slated to issue its second quarter score card on July 24, with analysts estimating earnings of $0.37 per share on revenues of $1.19 billion for the quarter. In mid-April, the company said it expects second-quarter earnings to range between $0.35 and $0.45 per share. For fiscal 2009, Black & Decker forecasts earnings in the range of $1.36 - $1.76 per share. Excluding the impact of the first-quarter restructuring charge of $0.14 per share, the company now expects earnings in the range of $1.50 - $1.90 per share, compared to the earlier issued forecast of $1.75 - $2.25 per share.
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Industrial products and components maker Dover Corp (DOV) will announce its second-quarter figures at 7:00 am on July 24. Wall Street analysts have a consensus earnings estimate of $0.46 per share on revenues of $1.46 billion. For fiscal 2009, Dover expects earnings per share to be in the range of $2.00 - $2.30.
Oilfield services company Schlumberger (SLB) is scheduled to report its second quarter results on July 24, with analysts expecting earnings of $0.63 per share, on revenues of $5.46 billion.
Friday's light earnings schedule includes Arch Coal Inc. (ACI), Ingersoll-Rand Co. Ltd. (IR), Syngenta (SYT), Telefon AB LM Ericsson (ERIC), global investment management organization T. Rowe Price (TROW) and Wilmington Trust (WL). Stay tuned to RTTNews to get a quick peek at the much-anticipated quarterly results within seconds of reporting.
Drug maker Pfizer (PFE) will publicize second-quarter numbers before the market opens on July 22, with analysts forecasting earnings of $0.48 per share, on revenues of $11.28 billion for the quarter. In the year-earlier quarter, the company reported adjusted earnings of $0.55 per share on revenues of $12.1 billion.
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While releasing first-quarter figures, the company lowered its fiscal 2009 forecast for earnings per share to $1.20-$1.35 from the prior range of $1.34 - $1.49, due to costs associated with its upcoming merger with Wyeth. However, the company reiterated its outlook for adjusted earnings for the year to range between $1.85 and $1.95 per share. Moreover, Pfizer also reaffirmed its full-year revenues outlook in the range of $44 billion to $46 billion.
Aerospace giant Boeing Co. (BA) will air second-quarter results at 7:30 am ET on July 22. Wall Street analysts have a consensus earnings estimate of $1.21 per share on revenues of $17.15 billion, higher than the previous year's earnings of $1.16 per share and revenues of $17.0 billion.
Wednesday's earnings schedule holds many important names, including most expected S&P 500 companies, such as financial services giant Bank of New York Mellon Corp. (BK), online auction titan eBay (EBAY), drug maker Eli Lilly (LLY), biotechnology company Genzyme Corp. (GENZ), real estate investment trust Host Hotels & Resorts Inc. (HST), KeyCorp (KEY), the holding company of KeyBank National Association, investment management and banking solutions provider Northern Trust (NTRS), food and beverage giant PepsiCo (PEP), chip maker Qualcomm Inc. (QCOM), financial holding company U.S. Bancorp (USB), financial service provider Wells Fargo & Co. (WFC), drug major GlaxoSmithKline (GSK) and home appliances company Whirlpool Corp. (WHR).
July 23
Diversified technology company 3M Co. (MMM) will dole out second-quarter results on July 23, with analysts expecting earnings of $0.94 per share on revenues of $5.41 billion for the quarter. Earlier on April 24, the company had lowered its 2009 earnings and sales expectations for the second time, citing the global economic uncertainty.
American Express Co. (AXP), a financial services company, will release second-quarter financial results after the market closes. Analysts are looking for earnings of $0.26 per share, on revenues of $6.29 billion. The company now forecasts earnings for fiscal year 2009, excluding items, to range between $3.90 and $4.30 per share, lower than the previous target range of $4.30 - $4.70 per share.
For the quarter that saw telecommunications giant AT&T (T) selling iPhone 3G starting at $99 for new and qualifying subscribers, analysts are expecting earnings of $0.51 per share, on revenues of $30.69 billion. The results are slated to be issued before the market opens.
Railroad operator Burlington Northern Santa Fe Corp. (BNI) will let off steam by releasing second-quarter numbers at 4:00 pm ET, with analysts forecasting earnings of $1.01 per share on revenues of $3.43 billion, while Union Pacific (UNP) is expected to report earnings of $0.75 per share on revenues of $3.51 billion for the second quarter. UNP's results are due to be announced before the market opens on July 23.
Food-service retailer McDonald's Corp. (MCD), one of the Dow components, is set to report second-quarter results before the market opens on July 23. Analysts expect the company to post earnings per share of $0.97 on revenues of $5.72 billion for the quarter.
Microsoft (MSFT) will log in from the software sector after the market closes, to release its second-quarter score card, with analysts expecting earnings of $0.36 per share on revenues of $14.37 billion. In April, at the time of third-quarter announcement, Microsoft didn't provide a forecast for the fourth quarter, but Chris Liddell, chief financial officer at Microsoft had said that the company 'expects the weakness to continue through at least the next quarter.
Package delivery giant United Parcel Service Inc. (UPS) will deliver second-quarter report card on July 23, with analysts forecasting earnings of $0.49 per share on revenues of $11.02 billion.
Amazon.com Inc. (AMZN), Bristol-Myers Squibb (BMY), Danaher (DHR), Kimberly-Clark (KMB), Raytheon (RTN), Safeway Inc. (SWY), Hershey Co. (HSY), Wyeth (WYE), Xerox Corp. (XRX), Philip Morris International (PM), Credit Suisse Group (CS) are among other major companies to tag along with the Dow bellwethers to release their quarterly results on the busiest day of the week.
July 24
Power tools and accessories maker Black & Decker Corp. (BDK) is slated to issue its second quarter score card on July 24, with analysts estimating earnings of $0.37 per share on revenues of $1.19 billion for the quarter. In mid-April, the company said it expects second-quarter earnings to range between $0.35 and $0.45 per share. For fiscal 2009, Black & Decker forecasts earnings in the range of $1.36 - $1.76 per share. Excluding the impact of the first-quarter restructuring charge of $0.14 per share, the company now expects earnings in the range of $1.50 - $1.90 per share, compared to the earlier issued forecast of $1.75 - $2.25 per share.
Industrial products and components maker Dover Corp (DOV) will announce its second-quarter figures at 7:00 am on July 24. Wall Street analysts have a consensus earnings estimate of $0.46 per share on revenues of $1.46 billion. For fiscal 2009, Dover expects earnings per share to be in the range of $2.00 - $2.30.
Oilfield services company Schlumberger (SLB) is scheduled to report its second quarter results on July 24, with analysts expecting earnings of $0.63 per share, on revenues of $5.46 billion.
Friday's light earnings schedule includes Arch Coal Inc. (ACI), Ingersoll-Rand Co. Ltd. (IR), Syngenta (SYT), Telefon AB LM Ericsson (ERIC), global investment management organization T. Rowe Price (TROW) and Wilmington Trust (WL). Stay tuned to RTTNews to get a quick peek at the much-anticipated quarterly results within seconds of reporting.
Monsanto's third-quarter earnings just came out. Are they an alternative for investors looking to go pick-and-shovel? Roundup casualtiesSeed sale volumes soaringA different path to ags[More...]
Companies featured in this segment: Codelco, SNC-Lavalin Group Incorporated (TSX:SNC), CPC Corporation, Formosa Petrochemical Corporation (TPE:6505), Mangalore Refinery and Petrochemicals Limited (BSE:500109), Itochu Corporation (TYO:8001), Oil & Natural Gas Corporation Limited (BSE:500312), Formosa Petrochemical Corporation (TPE:6505), China Petroleum & Chemical Corporation (NYSE:SNP), Sumitomo Chemical Company Limited (TYO:4005), Korea Petrochemical Industry Company (SEO:006650), Titan Petrochemicals Group Limited (HKG:1192), Syngenta Seeds Incorporated, Syngenta AG (NYSE:SYT), and China National Offshore Oil Corporation (NYSE:CEO).
Market Close Live for Tuesday 8/15/06
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