Month: August 2011

Air Products & Chemicals Inc. ( APD ) announced that it has inked a long-term hydrogen supply agreemen t with Shell Oil Company at Shell's Deer Park, Texas facility. The hydrogen supply will commence in mid -2013, and will connect Deer Park to Air Products' Gulf Coast hydrogen pipeline supply network […]

In its quarterly earnings filing with the Securities and Exchange Commission (SEC), Bank of America Corporation ( BAC ) stated that the liabilities for mortgage repurchase claims from the two Government Sponsored Enterprises (GSEs) – Freddie Mac ( FMCC ) and Fannie Mae ( FNMA ) – could get larger than expected. According to BofA the increase in liabilities is mostly due to the rigid stance taken by Fannie and Freddie. Also, these two GSEs are sending back more repurchase claims than previously anticipated by the company […]

The UK arm of the leading technology company, DST Systems Inc . ( DST ) recently announced the acquisition of Lateral Group Limited, a private company with operational facilities located principally in London, Nottingham and Edenbridge. […]

Franklin Resources Inc. ( BEN ) declared preliminary assets under management (AUM) of $747.2 billion by its subsidiaries for the end of July 2011. Results were up 1.8% from $734.2 billion as of June 30, 2011 and 23.9% from $602.9 billion as of July 31, 2010 […]

International Flavors & Fragrances Inc. ( IFF ) reported encouraging results for the second quarter of fiscal 2011. Adjusted earnings per share in the quarter increased 14% year over year to 97 cents compared with 85 cents in the year-ago quarter […]

DTS Inc . ( DTSI ) reported second quarter 2011 earnings (excluding amortization but including stock-based compensation) of 16 cents per share, which came in line with the Zacks Consensus Estimate. […]

United States Cellular Corp. ( USM ), a subsidiary of Telephone and Data Systems Inc. ( TDS ) has reported second quarter 2011 earnings per share of 87 cents, superseding the Zacks Consensus Estimate of 40 cents. […]