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Brittany Umar

Staff Reporter

Brittany joined TheStreet.com TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.

Brittany Umar
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Article

Caterpillar Tops Earnings Expectations as Construction Industry Improves

By Brittany Umar

Shares of Caterpillar are climbing on Thursday after the construction equipment company reports first-quarter results that beat analysts' estimates. Caterpillar reports net profit of $922 million, or $1.61 a share, for the quarter, topping its results from the same period a year ago and analysts' expectations for profit of $1.24 a share, according to Thomson Reuters. The company also raises its full-year earnings forecast to $6.10 a share from $5.85 a share on growing demand from builders.

01:29PM 04/24/14

Video

Improving Construction Industry Boosts Caterpillar's Earnings

By Brittany Umar

Caterpillar reported net profit of $922 million, or $1.61 a share, for the quarter, topping its results from the same period a year ago and analyst expectations for profit of $1.24 a share.

12:16PM 04/24/14

Article

Verizon Slips as First-Quarter Profit Misses Expectations

By Brittany Umar

Shares of Verizon are slipping on Thursday after the company reports a nearly 5% rise in first-quarter revenue but profit falls short of expectations. Excluding items, earnings are 84 cents a share on revenue of $30.8 billion. Earnings miss analysts' forecasts of 87 cents a share, but revenue slightly tops estimates of $30.7 billion, according to Thomson Reuters. The report marks Verizon's first quarterly results after it acquired Vodafone's 45% stake in the company in February.

11:02AM 04/24/14

Video

Shares of Verizon Slip After Mixed First-Quarter Results

By Brittany Umar

Shares of Verizon are slipping on Thursday after reporting a nearly 5% rise in first-quarter revenue but profit still fell short of expectations. Earnings came to 84 cents a share on revenue of $30.8 billion.

10:49AM 04/24/14

Article

Boeing Results Get Boost From Increase in Commercial Jet Production

By Brittany Umar

Boeing reports better-than-expected first-quarter earnings on Wednesday, boosted by faster commercial jet production. Boeing reports core earnings of $1.76 a share, beating the mean analyst estimate of $1.56, according to Thomson Reuters. Shares of Boeing climb on the news, which is welcome to investors after the company's conservative full-year forecast in January. Boeing says that 161 new planes rolled off assembly lines during the period, compared to the 137 it delivered last year.

02:08PM 04/23/14

Video

Boeing Beats Earnings Expectations as Jet Production Takes Off

By Brittany Umar

Boeing reported core earnings of $1.76 a share, beating the mean analyst estimate of $1.56. Boeing said that 161 new planes rolled off assembly lines during the period, compared to the 137 it delivered last year.

02:01PM 04/23/14

Article

JetBlue Pilots Vote to Join ALPA Union

By Brittany Umar

JetBlue Airways pilots vote to join the Air Line Pilots Association. This marks the third time JetBlue pilots voted on the matter, after rejecting joining in 2009 and in 2011. It also marks the end of JetBlue's status as the biggest U.S. airline without a union. Shares fall on news of the unionization on worries it would mean higher costs for the budget carrier's customers. Already, JetBlue has warned this year that costs are expected to rise due to an agreement to raise pilots' base pay.

01:57PM 04/23/14

Video

JetBlue Pilots Vote to Unionize, Sparking Fears of Higher Prices

By Brittany Umar

JetBlue Airways pilots have voted to join the Air Line Pilots Association. This marks the end of JetBlue's status as the biggest U.S. airline without a union.

01:45PM 04/23/14

Video

Mobile Payment Apps are Boosting Payment Processors like Visa

By Brittany Umar

Burger King and Wendy's announced they will introduce mobile payment apps. RealMoney Pro's Chris Versace examines how growth in mobile payments is impacting Visa and MasterCard.

11:36AM 04/23/14

Article

Halliburton Reports Better-Than-Expected Results and Forecasts Earnings Jump

By Brittany Umar

Shares of Halliburton are climbing on Monday after the oilfield services company reports better-than-expected first-quarter results and forecasts a 25% jump in earnings in the current quarter. Halliburton reports net income of $622 million, or 73 cents a share for the quarter, beating analysts' forecasts of 71 cents. The results are a big swing from last year, when the company was hampered by a charge related to the 2010 Deepwater Horizon oil spill.

12:01PM 04/21/14

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