As Interest Rates Rise, Banks Face New Stress Tests by CNNMoney Jun 17th 2013 9:01AM Banks have mostly been tight-lipped about what rising interest rates would mean for earnings, but they'll soon have to open up a little more to regulators and investors.
Lululemon CEO Christine Day is Stepping Down by Matt Brownell Jun 10th 2013 5:15PM Lululemon CEO Christine Day will be stepping down after a tenure marked by both solid growth and "see-through yoga pants" scandal.
Market Movers This Week: Wintry Earnings and iRadio Buzz by Rick Aristotle Munarriz Jun 3rd 2013 11:38AM Among the things sure to move the market this week, a fast-growing mattress retailer will uncovering its financials and we'll get a raft of fiscal details from retailers.
Stocks Slide; Procter & Gamble Is the Dow's Biggest Loser by DailyFinance Staff May 31st 2013 4:30PM The Dow slid 209 points, ending near its lowest level of the day. All 3 indexes edged lower for the second week in a row, the first back-to-back weekly losses since November.
Weird Week: Tesla's Green Cars Win, Trina's Green Energy Loses by Rick Aristotle Munarriz May 31st 2013 4:05PM Among the big wins and rough patches revealed in the business world this week: Tesla ramps up for coast-to-coast drives, and Trina Solar has its share of ups and downs.
Costco Earnings Surge on Higher Sales, Fees by The Associated Press May 30th 2013 7:50AM Costco's fiscal third-quarter net income climbed 19 percent, bolstered by increased sales and more money from membership fees.
What to Watch This Week: Costco, Kors and Krispy Kreme by Rick Aristotle Munarriz May 28th 2013 1:50PM From Krispy Kreme's quarterly report to a surprising stock market streak, let's go over some of the items that will help shape the week that lies ahead on Wall Street.
Tiffany Earnings, Sales Shine in Latest Quarter by The Associated Press May 28th 2013 7:48AM Tiffany & Co. reports first-quarter net income rose 3 percent as sales improved across all regions.
Abercrombie & Fitch Sales Crater in 1Q, Loss Narrows by Reuters May 24th 2013 10:00AM Abercrombie & Fitch reported a steeper-than-expected drop in quarterly comparable sales, in part because of inventory shortages.
P&G Brings Back Lafley as CEO by The Associated Press May 24th 2013 6:59AM Consumer-products giant Procter & Gamble brings back its former CEO, A.G. Lafley, a 33-year industry veteran, who left in 2009.
Sears Posts Bigger-Than-Expected Loss, Blames the Weather by The Associated Press May 23rd 2013 5:35PM Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter with the beleaguered retailer blaming a cooler spring for falling sales.
HP's Slump Deepens as Profits Plummet 32% in Fiscal 2Q by The Associated Press May 22nd 2013 4:50PM Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
Target Profit Tumbles on Weak Sales by The Associated Press May 22nd 2013 8:46AM Target says first-quarter profits dropped 26 percent as cool temperatures and financial pressures limited customers' appetite for spending.
Lowe's Profit Hurt by Cooler Weather, Competition by Reuters May 22nd 2013 8:05AM Lowe's reported a weaker-than-expected quarterly profit on Wednesday, hurt by colder-than-usual weather at the start of the spring selling season.
Toll Brothers Profit Rises as Housing Market Rebounds by Reuters May 22nd 2013 7:46AM Toll Brothers posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices.
Best Buy Reports 1Q Loss on Restructuring Costs by The Associated Press May 21st 2013 8:23AM Best Buy reported weaker-than-expected quarterly sales Tuesday and warned that a slew of investments to win back shoppers could squeeze profits in the near term.
Housing Recovery Boosts Home Depot's 1Q Profit by The Associated Press May 21st 2013 7:52AM Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
Home Depot and Lowe's Report in Sandy's Continuing Wake by DailyFinance Staff May 20th 2013 12:50PM Home Depot and Lowe's continue to service the victims of Hurricane Sandy. The reconstruction effort is expected to help both home improvement retailers post strong profits.
What to Watch This Week: Tools, Toons, Togs, Blogs and Staples by Rick Aristotle Munarriz May 20th 2013 12:08PM Netflix will show us some changes, and home improvement should show some improvement: Let's go over some items that will help shape the week that lies ahead on Wall Street.
Campbell's Profit Heats Up on Strong Soup Sales by The Associated Press May 20th 2013 9:58AM Campbell Soup reported third-quarter results that beat Wall Street expectations and raised its outlook for the year as sales in its struggling soup unit improved.
J.C. Penney's Latest Earnings Confirm Grim Warning by DailyFinance Staff May 17th 2013 9:00AM J.C. Penney had said its quarterly results would be weak. They were, and then some. The retailer posted a loss more than double the deficit of last year, and sales fell 16%.
Dell Profit Dives as PC Sales Slide by Reuters May 17th 2013 6:12AM Dell reported a 79 percent slide in profit in the first quarter as personal computer sales continued to shrink.
J.C. Penney Posts Huge 1Q Loss by The Associated Press May 16th 2013 5:05PM J.C. Penney reports a first-quarter big loss on a 16 percent revenue plunge as the chain continues to reel from the turnaround plan implemented by former CEO Ron Johnson.
Google CEO Larry Page Discloses Health Condition by DailyFinance Staff May 15th 2013 9:00AM Google CEO Larry Page is suffering from a rare and chronic medical condition, a paralysis of both vocal chords. Page says it's improving, and he continues to run the company.
Macy's Quarterly Profit Rises Along with Same-Store Sales by Reuters May 15th 2013 8:31AM Macy's reported higher first-quarter profit and sales despite cool weather in much of the country that delayed spring shopping for many customers.
Deere Posts Higher Earnings, but Warns of Challenges by Reuters May 15th 2013 7:41AM Deere reported higher quarterly earnings Wednesday and forecast a record profit for the full year, but warned that it faces challenges.
Sharp Shakes Up Management After Record Loss by The Associated Press May 14th 2013 6:54AM Japanese electronics-maker Sharp named a new president Tuesday, reshuffling its top management to help restore profitability after reporting a record loss.
Jamie Dimon to JPMorgan: You Need Me More Than I Need You by DailyFinance Staff May 13th 2013 9:25AM The Wall Street Journal reports JPMorgan CEO and Chairman Jamie Dimon has threatened to leave the company if shareholders vote the split up his two positions.
Virgin America Posts Yearly Loss; Eyes Possible IPO by The Associated Press May 13th 2013 7:30AM Virgin America said it's close to turning around its financial losses and could be ready for an initial public offering as early as next year.
5 Winners and Losers of the Week in Business by Rick Aristotle Munarriz May 10th 2013 6:00PM AP Companies can make brilliant moves, but there are also times when things don't work out quite as planned. From an electric car maker exploring self-driving cars to a cable...
Panasonic Reports Big Yearly Loss but Forecasts Profit by The Associated Press May 10th 2013 6:44AM Panasonic forecast its operating profit will rise 55 percent in the year ending March 31 as it steps back from struggling operations in TVs and other consumer gadgets.
