U.S. Bancorp's Q1 Earnings Miss Wall Street Forecasts
U.S. Bancorp's first-quarter net income rose 7 percent as lower costs offset falling revenue, shy of most Wall Street predictions.
corporate earnings
Coca-Cola Per-Share Earnings Fall 13% in Q1
Coca Cola reports it earned $1.75 billion, or 39 cents a share, for the period ended March 29, down from $2.1 billion, or 45 cents a share, a year earlier.
Wells Fargo Reports 23% Surge in First-Quarter Profits
Wells Fargo reports a 23 percent jump in first-quarter profit as the bank set aside less money to cover bad loans and it held down costs.
Alcoa's First-Quarter Profit Rises, Beats Wall Street Expectations
Alcoa kicked off earnings season Monday by reporting a larger first-quarter profit than expected, helped by strong demand for aluminum used to make airplanes and automobiles.
5 Things to Watch on Wall Street This Week
From an established homebuilder going public to the leading used-car retailer slamming reporting quarterly results, there is plenty of news to come this week.
ConAgra Reports Lower Profit on Acquisition Charges
ConAgra says its third-quarter profit fell shy of expectations on charges related to its acquisition of Ralcorp and lackluster growth in sales of its existing brands.
Monsanto Raises Profit Forecast on Strong Corn Sales
Monsanto raised its full-year profit forecast on Wednesday after reporting a better-than-expected second quarter driven by strength in its global corn business.
Stocks Started Off the Year Strong -- Maybe Too Strong
Markets surged as soon as the calendar turned to 2013 and kept rising for much of the month, pushing the Dow Jones industrial average to near-record levels. February started off equally strong. But some watchers worry that the market may have gotten ahead of itself.
Weak Outlooks Doom Dow to Worst Day in 4 Months
U.S. stocks fell on Tuesday, driving the Dow industrials to the biggest drop since June 21, as weak results from index members DuPont and United Technologies showed profit growth is slowing.
Dow Down 205 as Weak Earnings Drag Market Lower
Poor corporate earnings reports are pounding the stock market in a sour end to an otherwise strong week. The Dow Jones industrial average fell more than 200 points for its worst day in four months.
As Markets Near 52-Week Low, How Far Can They Fall?
The S&P 500 is precariously close its 52-week low. If it breaks below that number, how much further might it fall? Recent history suggests the possibility of a long drop.
Earning Growth Strong Across Corporate America
S&P 500 companies have nearly completed the second-quarters earnings season, and overall, investors don't have much to complain about: More than 70% of companies have beaten earnings estimates, the index's earnings have risen more than 19% from last year, and nine of 10 sectors have given us a positive earnings surprise.
Market Woes Aside, Earnings Are Looking Up
Given the market's extreme and distressing gyrations over the past week, you'd be forgiven for thinking corporate earnings had been, on the whole, disappointing. But that's not actually the case: A large majority of public companies have performed quite well.
Could the S&P 500 Fall Another 20% in 2011?
After the losses of the past week, it seems hard to imagine that the S&P 500 has much further to decline. But the index took a fall to near 1,000 as recently as last July, and the issues that punished the markets then are looming over the economy again -- or perhaps, still.
Bucking a Trend: Why the Dollar Could Rally in 2011
Despite all the headwinds blowing against it -- and they're fierce -- the U.S. dollar has been holding its own against the world's major currencies. And if the U.S. recovery remains on track, the greenback has good odds of actually strengthening in 2011.