Dow Chemical: Beats estimates despite fall in profilts

Dow Chemical Company reports preliminary financial results for the quarter ended December 31, 2014. Although Dow Chemical Company’s (DOW) fourth quarter earnings exceeded analysts’ expectations, profits fell compared to the same quarter last year. This was due to a $500 million charge from its abandonment of a Tennessee facility by its joint venture Dow Corning. … Read more

Norfolk Southern Corporation (NSC): Weak Quarter Owing to Revenue Fall

Norfolk Southern Corporation reported preliminary financial results for the quarter ended December 31, 2014. Earnings per share did not change in the fourth quarter from a year ago – largely because the railroad’s coal revenue fell 15 percent on weak demand from utilities and export markets. This quarter results were also helped by a lower … Read more

Baker Hughes: Beats Estimates Despite Oil Slump

Baker Hughes Incorporated (BHI) reports preliminary financial results for the quarter ended December 31, 2014. Baker Hughes Incorporated (BHI), which will be acquired by Halliburton later this year, reported record revenue of $6.6 B in Q4 2014, up 6 percent compared to Q4 of 2013.  It also announced $663 million in net earnings , exceeding … Read more