Edward Jones - the best personalized free web-based Email en en Edward Jones Pfizer beats 1Q profit forecasts, but sales slip Pfizer beat Wall Street expectations for first-quarter profit thanks to reduced spending on operations and legal costs, plus strong sales of key new drugs and longtime blockbuster pain treatment Lyrica. But revenue at the top U.S. drugmaker dipped 1 percent as competition intensified from rival brands and generic copycats. Pfizer is near the end of a year... Tue, 02 May 2017 17:06:00 GMT 2017-05-02T17:06:00Z CSX predicts 25 percent profit jump as restructuring begins OMAHA, Neb. (AP) — CSX Corp. expects to deliver a 25 percent increase in profits this year as the railroad works to streamline operations under new CEO Hunter Harrison. The Jacksonville, Florida-based railroad said Thursday that its earnings per share will jump about 25 percent over last year's $1.81, but that excludes restructuring costs. Thu, 20 Apr 2017 20:08:00 GMT 2017-04-20T20:08:00Z Johnson & Johnson says pricing competition squeezed 1Q sales Increased pressure to cut medicine prices and an industry-wide slowdown in consumer health product sales is hurting health care giant Johnson & Johnson. Those factors, along with a bigger tax bill than a year ago, trimmed J&J's first-quarter profit slightly, but it still gave a rosier financial forecast for the year. The world's biggest... Tue, 18 Apr 2017 15:19:00 GMT 2017-04-18T15:19:00Z FedEx profit rises but misses Wall Street's target DALLAS (AP) — Income and revenue rose during the peak holiday season at FedEx, but higher fuel costs helped keep profit below Wall Street's forecast. Holiday-season package volume was the heaviest ever, as the big package-delivery company continues to benefit from the growth in online shopping. The drawback is that unlike deliveries to ... Tue, 21 Mar 2017 23:40:00 GMT 2017-03-21T23:40:00Z Drugmakers pledge restraint, but prices will still soar TRENTON, N.J. (AP) — Several big drugmakers are trying to quell the furor over high drug prices by revealing more information about their pricing and even pledging to keep a lid on increases. No one should expect to be paying less for medicine anytime soon, experts say, though the drugmakers' response to public pressure may help slow the rise in prices for some drugs. ... Mon, 27 Feb 2017 22:12:00 GMT 2017-02-27T22:12:00Z Buffett's firm says 4Q profit up 15 percent on investments OMAHA, Neb. (AP) — Warren Buffett's company says fourth-quarter profit improved 15 percent, but most of the gains came from the paper value of Berkshire Hathaway Inc.'s investments and derivatives contracts. The Omaha, Nebraska-based conglomerate released its latest results Saturday along with Buffett's annual letter to shareholders. Berkshire said it ear... Sat, 25 Feb 2017 20:37:00 GMT 2017-02-25T20:37:00Z GM posted $9.4B net profit in 2016, but encore may be tough DETROIT (AP) — At an investors' conference during Detroit's auto show in January, confident General Motors executives told investors to expect improved pretax profits for 2016 and 2017, thanks to strong sales in key markets and cost cuts. On Tuesday, the company partly delivered, reporting a 16 percent increase in last year's pretax income. An encore coul... Tue, 07 Feb 2017 18:03:00 GMT 2017-02-07T18:03:00Z Merck profit soars on new drugs, expects better 2017 Profits at the drugmaker Merck surged in the fourth quarter, and the company CEO told investors that a "constructive" meeting with President Donald Trump focused on reducing taxes and relaxing regulations. Merck CEO Kenneth Frazier on Thursday said he's encouraged by an initial meeting he and other pharmaceutical executives had Tuesday with Trump, who has... Thu, 02 Feb 2017 18:11:00 GMT 2017-02-02T18:11:00Z Exxon reports big drop in 4Q profit, takes gas write-down DALLAS (AP) — Exxon Mobil posted its smallest quarterly profit in more than 17 years as low oil and gas prices pushed the company to write down the value of some natural gas holdings in the United States. The 40 percent decline in fourth-quarter profit capped Exxon's weakest year since 1998. Still, Exxon ended a string of nine straight quarters in which r... Tue, 31 Jan 2017 21:08:00 GMT 2017-01-31T21:08:00Z California once again on center stage with NFL on the move America's most popular sport is in the midst of its greatest migration since the mid-1990s. In a little over a year, three NFL franchises have moved , announced a resettlement or filed paperwork seeking to relocate . California is once again at the heart of this shift. That was the case in 1958 when the Giants and Dodgers brought big league baseball to th... Fri, 27 Jan 2017 08:11:00 GMT 2017-01-27T08:11:00Z Union Pacific cost cuts offset declining shipments in 4Q OMAHA, Neb. (AP) — Union Pacific's fourth-quarter profit grew 2 percent as the railroad cut costs to offset a 3 percent decline in shipments. Net income reached $1.14 billion, or $1.39 per share, well above the per-share earnings of $1.34 that Wall Street was looking for, according to a survey by the data company Zacks Investment Research. Thu, 19 Jan 2017 21:51:00 GMT 2017-01-19T21:51:00Z Correction: Drug Prices-Johnson & Johnson story In a story Jan. 10 about Johnson & Johnson's plans to disclose some information on its prescription drug price increases, The Associated Press reported erroneously the use of the company's drug Xarelto. It is used to prevent strokes, not heart attacks. A corrected version of the story is below: Johnson & Johnson to reveal average drug price increases Heal... Wed, 11 Jan 2017 21:16:00 GMT 2017-01-11T21:16:00Z Exxon Mobil names Woods chairman, CEO to replace Tillerson DALLAS (AP) — Exxon Mobil Corp. will promote insider Darren Woods to chairman and CEO, replacing Rex Tillerson, who is leaving the oil giant after President-elect Donald Trump picked him to become secretary of state. Woods, 51, has been with Exxon for nearly a quarter-century. He rose through Exxon's refinery and chemicals businesses and emerged as Tiller... Wed, 14 Dec 2016 23:21:00 GMT 2016-12-14T23:21:00Z Freight railroads don't expect big trade changes under Trump OMAHA, Neb. (AP) — Major U.S. freight railroads expect their business to fare well as long as the economy continues growing despite President-elect Donald Trump's promises to overhaul U.S. trade policy and renegotiate bad deals. Railroad executives didn't seem worried about major trade changes Wednesday when they spoke at a Credit Suisse investor conferen... Wed, 30 Nov 2016 22:24:00 GMT 2016-11-30T22:24:00Z