Filed under: Earnings reports , Forecasts , Bad news , Press releases , Market matters , Recession , Financial Crisis Shares of Accenture (NYSE: ACN ) are trading in the red in after hours trading today following the company’s fiscal fourth quarter earnings release and a weaker than expected first quarter forecast. For the quarter, the company reported that it had earnings of 39 cents per share. Excluding a previously disclosed restructuring charge, earnings were in line with analyst estimates for 63 cents per share for the quarter.

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Accenture falls on weak fourth quarter earnings

Filed under: Oil This recession certainly has had its unique characteristics: the longest contraction (at least 18 months) since the end of World War II, the first U.S.

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Amid oil glut, OPEC displays production discipline

Constellation Brands, Inc. (NYSE: STZ ) manufactures a variety of alcoholic beverages for several prominent brands and has reason to celebrate a surprisingly good earnings report today. The firm’s EPS of $.54 was much higher than the $.41 analysts expected

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Constellation Brands has reason to celebrate

For now, I’m placing a Hold on Worthington Industries’ (NYSE: WOR ) shares, first recommended with a Buy rating on June 10, 2009 at a price of $15.05. The steel processing sector was one of those fields that was rudely treated by Wall Street as the U.S. and global recessions took hold, and niche player Worthington did not escape the aforementioned

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Worthington Industries: Hold shares

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Filed under: Major movement , Earnings reports , Good news , Options , Technical Analysis Constellation Brands (NYSE: STZ - option chain ) shares are rising today even though the markets are down sharply after the company reported second-quarter earnings .

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Constellation Brands (STZ) rises on Q2 earnings

Filed under: International markets , Economic data On Thursday, the International Monetary Fund (IMF) said the global economy will grow next year , but cautioned the recovery will be sluggish. The IMF added that the recovery could even “stall out” if policymakers assume the slump is over

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International Monetary Fund sees sluggish recovery