Teradata posts Q2 2013 net income drop and revenue rise
Teradata Corp reports 2013 Q2 net income of 108 million dollars or 65 cents per share, down from 112 million or 65 cents a year earlier. First half earnings total 167 million dollars or 1.00 per share, down from 203 million or 1.18 per share in 2012. Revenue for Q2 ends June 30 is 670 million, up 1 percent from 665 million a year ago. cash from operations at 383 million versus 344 million. executive optimistic about progress with strong US revenue growth and record non-GAAP gross margin.
MENTIONED IN THIS ARTICLE
Teradata Corp
Teradata
Mike Koehler
U.S
July auto sales surge boosts broad demand across vehicle types
Strong July gains lifted industry momentum with pickups leading, yet small cars surged. GM, Ford, Chrysler, Toyota, Honda, and Nissan posted double-digit gains while VW slipped. Analysts expect the pace to carry through year-end, aided by improving consumer confidence and home values.
MENTIONED IN THIS ARTICLE
Kurt McNeil
U.S
Ford
Chrysler
Toyota
Honda
Nissan
Volkswagen
Alec Gutierrez
Kelley Blue Book
Institute For Supply Management
P&G appoints Lafley as CEO to steer leaner focus
Procter & Gamble reports quarterly results beating expectations as new CEO A G Lafley vows cost cuts and sharpening focus on core brands and top markets. Net income fell 48 percent due to a Braun write-down, yet adjusted earnings and revenue beat estimates. full-year guidance calls for 5 to 7 percent EPS growth ex one-time items.
MENTIONED IN THIS ARTICLE
New York
Procter & Gamble
Wall Street
A.G. Lafley
Lafley
P&g
Braun
Bob McDonald
Cincinnati
Ap Fite
Markets reach peaks on good economic news
Global developments lift stocks to all time highs with the S&P surpassing 1700 while the Dow and Russell 2000 hit records. Nasdaq rises to its highest since September 2000 as unemployment data and factory data bolster sentiment though Fed action remains uncertain. CBS MetLife Yelp among movers.
MENTIONED IN THIS ARTICLE
Dow, S&p
New York
Standard & Poor
S&p
CBS
MetLife
Yelp
Russell Croft
Croft Value Fund
Baltimore
Federal Reserve
Marathon reports 2Q profit declines in energy prices
Marathon Petroleum Corp the parent of Speedway LLC said its second quarter net income fell 27 percent as crude costs rose and expenses grew Adjusted results beat expectations but revenue missed analysts forecasts For the quarter ended June 30 Marathon earned 593 million 183 per share down from 814 million 238 per share a year earlier Analysts polled by FactSet expected 194 per share CEO Gary Heminger cited higher crude prices a tough Chicago market and renewable fuels laws as factors depressing margins.
MENTIONED IN THIS ARTICLE
Marathon Petroleum Corp
Speedway LLC
Wall Street
Findlay, Ohio
Marathon Oil Corp
Marathon
U.S
Gary Heminger
Heminger
Chicago
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