AK Steel Beats, But Iron Ore Still Weighs (at TheStreet.com)
AK Steel reports surging profit and revenue, easily besting Wall Street s second-quarter targets, but iron-ore costs remain a concern for the company. Click here to read the full story
Read more..Occidental Petroleum 2Q earnings jump 56 percent
By CHRIS KAHN 2010-07-27T12:35:36Z NEW YORK (AP) — Occidental Petroleum Corp. says net income jumped 56 percent in the second quarter as prices for oil and natural gas rose and the company pumped more from the ground…. Click here to read the full story
Read more..DuPont Profit Nearly Triples on Strong Sales
The chemical company reported a second-quarter profit Tuesday that jumped sharply from the same quarter a year ago and beat analysts’ expectations, citing strength across all of its segments. Click here to read the full story
Read more..DuPont 2Q profit climbs as sales jump, costs fall
By 2010-07-27T10:25:19Z NEW YORK (AP) — Chemical maker DuPont Co. says its profit nearly tripled in the second quarter as sales surged in most of its businesses, and costs decreased…. Click here to read the full story
Read more..Industries Find Surging Profits in Deeper Cuts
News of healthy second quarter profits has helped the stock market, but the source of those gains — and the complete absence of job growth — raises deep questions about the sustainability of the recovery. The NYT reports. Click here to read the full story
Read more..Sector Snap: Citi positive on oil refiners (AP)
Profit margins for U.S. oil refiners are set to improve in the second quarter after a year of net losses because of declining margins, said Citi Investment Research analyst Faisel Khan Monday in a research note. Click here to read the full story
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