CF Industries Continues to Boast Solid Earnings in Q2

CF Industries reported second-quarter results that were generally in line with analysts’ expectations. Nitrogen volumes were up 2.2% year over year as the nitrogen application season in North America finished at a rapid pace following delays to planting caused by wet weather in the Corn Belt. Last season, warm weather in the spring pulled planting forward. For the first six months of 2013, nitrogen volumes … Continue reading CF Industries Continues to Boast Solid Earnings in Q2

Parker Hannifin Falls Short of Expectations in Fourth Quarter

Parker Hannifin delivered fourth-quarter earnings of $1.78 per diluted share, resulting in full-year earnings of $6.26 per share. Both metrics were below our expectations as sluggish global demand in Parker’s end markets continues to stunt revenue growth. Additionally, the company has struggled to keep margins flat, which amplifies the impact on earnings. For 2014, the firm will spend roughly $100 million on restructuring, which should … Continue reading Parker Hannifin Falls Short of Expectations in Fourth Quarter

Tourmaline Posts Impressive Quarter Despite Challenges

Tourmaline Oil reported second-quarter results after the market closed on Friday. Despite weatherrelated setbacks, the company still increased production, and has now set the stage to deliver phenomenal growth in the second half of the year. Results for the quarter lined up with expectations. Production averaged 70.1 thousand barrels of oil equivalent per day versus our forecast of 70.9 mboe/d. Earnings per share was spot-on … Continue reading Tourmaline Posts Impressive Quarter Despite Challenges

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Contracting in IT: Tips to build up a client base to get started

Starting a new business is always a precarious time, leaving the security of paid employment and being solely responsible for generating an income for yourself. One thing a freelancer or contractor needs to become a success is a good client base that will offer regular and continuous work. Just how do you go about building a client base? The first place to look for new … Continue reading Contracting in IT: Tips to build up a client base to get started

Bitcoin Fails to Take Off At Peru Startup Challenge

Latin America is widely believed to one of the markets that could most benefit from digital currency, as the region’s consumers and businesses have been afflicted by volatile government-backed currencies, capital controls and high remittance costs. Given these challenges, a small but passionate local bitcoin industry has emerged in Latin America, with the aim of giving local consumers access to both an alternative currency and … Continue reading Bitcoin Fails to Take Off At Peru Startup Challenge

Second Quarter Profits Rise for STI

Second-quarter profits to common investors at SunTrust Banks rose 35% to $365 million, or $0.68 a diluted share, from $270 million, or $0.50 a diluted share, a year earlier. Net interest income fell 5% to about $1.2 billion, as reported net interest margin fell to 3.25% from 3.39% in 2012’s second quarter. However, SunTrust’s earnings were helped by reduced loan-loss provisioning, which dropped to $146 … Continue reading Second Quarter Profits Rise for STI