H&R Block saw its revenue decline in the second quarter, but still managed to narrow its loss from a year ago and beat analysts' expectations. But will complications with the firm's Rapid Refunds chill its coming tax season?
Considering where the iconic carmaker has been in recent years, the pending IPO -- and robust investor demand for shares -- is a remarkably positive step. But GM still has plenty of problem spots that will need fixing if this historic event is to have lasting meaning.
With just days to go before its anticipated initial public offering of stock, General Motors reported Wednesday that it earned $2 billion in the third quarter, its most profitable this year.
After reporting a $4.3 billion loss during the last half of 2009, General Motors saw two positive quarters during the first half of the the year and is expected to stay on course when it reports its latest earnings Wednesday.
Starbucks drew more customers to its stores and got them to spend more money, boosting its fiscal fourth-quarter profit 86% from the same quarter a year ago. Same-store sales grew 8% in that time.
When Toyota Motor reports quarterly earnings tomorrow it will give investors the latest snapshot of how big a toll massive recalls and tepid auto sales are taking on the company's bottom line.
Honda Motor on Friday reported a fiscal second-quarter net profit that soared to 135.93 billion yen ($1.68 billion) from 54 billion yen in the same period last year. Despite the strengthening yen, car and motorcycle sales grew in the U.S. and in Japan.
The U.S. automaker reported a $1.7 billion profit on strong demand for its revamped line of products, despite a lackluster economy. Continued growth at its Ford Credit finance unit also helped push profits higher.
For investors, Books-A-Million stands out for its stability in a turbulent industry. The bookseller reported that second-quarter profits climbed to $1.9 million, although its sales fell.
During GM's earnings call, Whitacre announced that he'll give up his role as CEO of the country's largest automaker. Daniel Akerson, a GM board member and former chief exec at privately held XO Communications, will assume the top spot.
Much-improved sales helped struggling Chrysler Group report a smaller second-quarter loss, compared to the first quarter, the automaker announced Monday.
Whole Foods's third-quarter earnings beat analyst estimates, but same-store sales disappointed investors, sending shares down in aftermarket trades.
Domino's upcoming earnings report will show whether customers have really taken to the chain's new, improved pizza recipe, or if recent sales gains were just an advertising-driven blip.
