US News

WellPoint Inc. (NYSE:WLP):  The company reported 38 percent higher earnings for the fourth quarter of 2012 at $464.2 million. On per share basis, its earnings stood at $1.51 per share, up from 96 cents per share it had earned for the fourth quarter of the previous year.

When the markets are plunging you tend to read quite a bit about Evil Knievil in the press. Every graduate trainee journalist wants to know what the UK’s best known short seller has to say. When markets are rising as they are now, he tends to fade from view somewhat. Of course you can get […]

SunTrust Banks Inc. (NYSE:STI): The bank reported healthy financial numbers for the fourth quarter of the year. Its net income for the quarter stood at $350 million, up from $71 million it had reported for the corresponding quarter of the last year.

US banking giant Morgan Stanley report strong growth in profits. Morgan Stanley has called a strong rise in profits a “pivot point” and a sign that the bank is making “meaningful progress”. The bank reported a net profit of $481m between October and December 2012, a result of a 37% increase in revenue to $7.5bn. […]

Schlumberger Limited (NYSE:SLB): the company reported its fourth quarter results and its revenue increased 8 percent to $11.17 billion. The company was expected to report its revenue at $10.82 billion. However, its net income dropped to $1.37 billion.

Anyone who invests in Amil (BOV:AMIL3), look at this … UNITED HEALTH GROUP (NYSE:UNH) REPORTS 2012 RESULTS, Revenues of $110.6 Billion Grew 9% Year-Over-Year, Including an 11% Increase in Fourth Quarter Revenues Full Year United Healthcare Earnings Grew 8% Year-Over-Year; United Healthcare Grew to Serve more than 6 Million Additional People in 2012, Including Nearly […]

Sears Holdings Corporation (NASDAQ:SHLD): The stock is being lapped up by insiders as Edward S Lampert, Director and 10 percent owner of the company bought 332,048 shares at an average price of $40.89 each.

Wells Fargo & Co. (NYSE:WFC): The banking stock has been downgraded from Overweight to Neutral by Atlantic Securities. Its price target has been lowered down to $38. Its previous target was at $40.

US financial giants announce large rises in investment baking profits. Goldman Sachs (NYSE:GS) has repored a profit of $2.9bn in fourth quarter of 2012, a threefold rise on 2011, whilst  JP Morgan (NYSE:JPM) saw a 54% profit increase to $5.7bn over the same period. Global markets responded positively to Goldman Sachs profits with its stock […]

Dell Inc. (NASDAQ:DELL): The stock is trading up on the rumors of the company going private. It has already traded 42.661 million shares, in comparison to its regular trading volume of 23.451 million shares.