Stocks in the News: Ford, Goldman Sachs, DuPont

The following is a round-up of news likely to affect stock prices today:

Ford Motor Co. (F) said Tuesday itearned $2.1 billion, or 50 cents a share in the first quarter, compared to a loss of $1.4 billion, or 60 cents per share, in last year's quarter. Analysts had expected earnings of 32 cents a share. With sales rising 37%, this is yet another sign the economy is improving as people spend more on big-ticket items like cars. Shares fell over 1% ahead of the bell.

Goldman Sachs (GS) CEO Lloyd Blankfein and other Goldman executiveswill testify before Congressto answer questions about the fraud allegations and the firm's strategy and conduct during the housing meltdown.

3M (MMM) on Tuesday reported arise in first-quarter earningsthat exceeded Wall Street expectations as sales jumped 25%. 3M also lifted its 2010 earnings and revenue guidance far above estimates.

UPS (UPS) posted Tuesday adjusted earnings per share of 71 cents for the first quarter, below consensus calling for earnings of 74 cents per share. Its 2010 guidance was roughly in line with estimates. Shares traded 1.4% lower in premarket action.

DuPont Co. (DD) on Tuesday said it more thandoubled its earningsfor the first quarter as revenue jumped 23% with business improving across all operating units and market regions. The results easily beat expectations. Shares jumped 2.5% in premarket trading.

BP PLC (BP) announced Tuesday that first-quarterprofit more than doubledfrom a year earlier as revenue jumped 55%, handily beating expectations. Still, investors worried about the impact of the oil spill from its sunken Deepwater Horizon rig in the Gulf of Mexico. Shares fell about 1.3% before the bell.

Texas Instruments Inc. (TXN) reported late Monday ahigher profiton a 54% rise in revenue, both of which topped estimates. It also gave a current-quarter outlook that exceeded expectations and said chip demand was strong in all product segments.

Boston Scientific (BSX) on Monday reported itsloss widenedand that it's cutting its 2010 earnings guidance, citing the impact of a halt in defibrillator sales in mid-March. Shares sank over 5% in premarket trades.

RadioShack (RSH) on Monday said first-quarterprofit rose16% to beat analysts' expectations, thanks to sales of cell phone handsets and prepaid wireless services. Shares were 2.3% higher in premarket trading.

Oracle Corp. (ORCL) said Monday that CEO Larry Ellison set up a prearranged plan tosell up to 50 million shares-- or about 4% of his current stake in the company -- over 10 months.

Wal-Mart Stores Inc. (WMT) on Monday found itself exposed to billions of dollar in damages after afederal appeals court ruleda massive class action lawsuit alleging gender discrimination over pay for female workers can go to trial.

Earnings in brief:

• Newmont (NEM) first-quarter profitdoubles as gold prices rise. Results beat estimates. Shares advanced before the bell.
• Tyco (TYC) second-quarterprofit tops estimates, plans to spin off unit.
• Daimler (DAI) posts first-quarternet profit of $817 million. Shares fell 2.4%.
• CIT Group (CIT)turns profit after exiting bankruptcy. Results top expectations. Shares were up nearly 2% in premarket.
• Novo Nordisk (NVO) reports first quarter up 23%,lifts outlook. Shares rose over 1% ahead of the bell.

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Stocks in the News: Toyota, Xerox, Royal Bank of Scotland, Ford, Apple...

The following is a round-up of news likely to affect stock prices today:

Two federal agencies are joining the U.S. government's effort to discover if electronics may be the source of unintended acceleration in Toyota Motor (TM) vehicles. Scientists from NASA with electronics expertise will help the National Highway Traffic Safety Administration to study the potential for the problem, Transportation Secretary Ray LaHood said Monday. In a separate study, the National Academy of Sciences will examine unintended acceleration issues across the industry, LaHood said. Toyota has repeatedly denied electronics as source of the problem, instead saying mechanical issues and driver unfamiliarity are to blame.

Xerox (XRX) Chairman Anne M. Mulcahy plans to retire in May, the Norwalk, Conn., company said Tuesday. Mulcahy, 57, is credited with turning the venerable copier company around during the last decade. She stepped down as CEO in July.

Bailed-out British lender Royal Bank of Scotland (RBS) has been fined 28.6 million pounds ($43 million) for sharing loan pricing details with rival Barclays (BCS), Britain's Office of Fair Trading said Tuesday.

Ford Motor (F) said in a Securities and Exchange filing it expects an increase in March sales similar to those of the last few months. The Dearborn, Mich., auto maker's sales have increased by 33% the last 3 months.

The Wall Street Journal reports that Apple (AAPL) is prepping two new models of its wildly popular smart phone for release this summer, and one could be ready for use on Verizon Wireless's CDMA network. That would end three years of AT&T (T) iPhone exclusivity. Verizon Wireless is a joint venture between Verizon Communications (VZ) and London-based Vodaphone Group (VOD).

The U.S. Treasury Department plans to sell its 27% stake in Citigroup (C) this year, a move that could result in the biggest profit to taxpayers in the bank-bailout program. Treasury, Citigroup's largest shareholder, will dispose of its 7.7 billion common shares throughout 2010, the agency said Monday.

Sprint Nextel (S) CEO Dan Hesse received compensation valued at $12.3 million in 2009, down 13% from the year before, according to a regulatory filing. Hesse, 56, received a salary of $1.2 million and a performance-based bonus of $1.3 million in 2009, The Associated Press reported.

Container maker BWAY Corp. (BWY) has announced it will go private in a $915 million transaction, including the assumption of debt.

Google (GOOG) confirmed Monday that some of its mobile features in China had been partially blocked, raising the specter that its position in that country was deteriorating even further. Google didn't specify the nature of the block, saying the availability of its online services fluctuates regularly and that it was too early to confirm if the block would be permanent, or even if it was related to the feud with China. Google maintains a page at its website that updates issues about "service accessibility from within mainland China."

Morgan Stanley (MS) and Mitsubishi UFJ Financial Group have entered into agreements to integrate their securities operations in Japan. The companies expect to commence joint venture operations as of May 1.

See full article from DailyFinance: http://srph.it/c3KVMf

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ABOUT US:

Stock Source is a full service investor relations firm dedicated to growth stocks. We seek out innovative, emerging companies poised for growth and tell their stories to qualified, aggressive investors looking for ground floor opportunities.

We connect investors with investment prospects—cutting through the noise and churn of Wall Street to shine the spotlight on companies on their way up. These companies trade on the Nasdaq, Amex, OTCBB, and Pinksheets.