Facebook posted a 32 percent jump in third-quarter revenue to $1.26 billion, as the company reignited advertising growth with the help of larger-than-expected gains in mobile. The company's shares leapt 9 percent to $21.22 in after-hours trading on Tuesday.
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.
There's no such thing as a summertime lull when earnings season is upon us. Next week will bring plenty of headlines -- among them box office receipts for the last Harry Potter film and quarterly results from Apple, Cintas, and Microsoft.
Internet-telephone service Skype has boosted its subscribers and cut costs, substantially shrinking its 2010 loss from a year earlier, the company reported in a Securities and Exchange Commission filing Friday.
Or will it disappoint? Investors -- and taxpayers -- will be watching on Thursday, when GM posts its latest earnings. Despite analyst expectations of a full-year profit, the automaker has warned that fourth-quarter results will fall "significantly" from previous periods.
The Japanese automaker said earnings fell 39% in the third quarter while sales fell 1.2%. But the company is optimistic that auto sales are recovering: It raised its full-year forecast.
Pfizer beat Wall Street expectations by a slim margin as its profits nearly quadrupled, compared to a 2009 quarter hurt by big restructuring charges. Shares rose more than 5% even though the company warned that revenue is slowing and it plans to cut its workforce.
Analysts forecast that Ford will announce a profit of 48 cents a share on revenue of about $30.6 billion when it releases earnings on Friday. That translates into an expected pretax profit of $8 billion in 2010, the best Ford has seen since 1999.
Southwest Airlines's fourth-quarter earnings rose 13% to $131 million as business travelers return after the recession, the company reported Thursday. But will fuel prices cause airline turbulence?
IBM beat Wall Street expectations with its fourth-quarter earnings released Thursday, growing profit 9% and sales 7%. The company has gained from increased corporate spending on computer upgrades and on outsourcing.
Just a day after Apple announced that CEO Steve Jobs was off on his third medical leave since 2004, the stock's already on the rebound. The company smashed its first-quarter earnings expectations, thanks to soaring Asia-Pacific sales.
Adobe Systems on Monday reported its first quarter of revenue above $1 billion. For its fiscal fourth quarter, the software company turned a profit of $269 million, up from a loss of $32 million in the same period last year.
Oracle, one of the world's biggest software companies, on Thursday posted fiscal second-quarter earnings that grew 28% year over year. It's the latest sign that companies are spending more on technology.
Research in Motion's fiscal third-quarter profit rose 45%, beating analysts' expectations as BlackBerry smartphone shipments jumped. Is the BlackBerry outselling the iPhone?
The country's second-largest bookstore widened its third-quarter loss to nearly double that of a year ago. Even worse, the estimated value of its inventory has declined, making it harder for Borders to borrow money. Will the company find a way to transform itself?