Google Earnings Rise 16% to Beat Wall Street Predictions
Google's latest quarterly results provide further proof that the company is figuring out how to make more money as Web surfers migrate from PCs to mobile devices.
quarterly earnings
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.
Family Dollar Says Earnings Hurt by Delay in Tax Refunds
Family Dollar reports weaker-than-expected quarterly profits, saying a delay in tax refunds hurt sales at the end of January and early February.
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.
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.
With Panera and Chipotle Earnings, 'Fast Casual' Is Hot
Panera Bread and Chipotle Mexican Grill are the leaders in this new trend of 'fast casual'. That's the position between fast food and more formal restaurants with waiter service. Itâs also the sweet spot in price. Both companies are out with solid quarterly earnings.
Can Bed Bath & Beyond Bounce Back?
The retailer was trading close to its 52-week low even before Wednesday's disappointing quarterly report when earnings grew by less than 2 percent to $232.8 million, despite seeing net sales climb 15 percent to top $2.7 billion.
Wall Street Watch This Week: Let's Start Playing Games
The tired video game industry needs a spark -- and it may get it with this week's release of the next installment of the record-setting Call of Duty franchise.
Hurricane Sandy Leads Companies to Postpone Earnings Reports
A number of major U.S. companies postponed quarterly earnings reports Monday as Hurricane Sandy bore down on the East Coast and financial markets were closed: Among the biggies waiting until the rain stops: Pfizer, Thomson Reuters, NRG Energy, and Martha Stewart Living Omnimedia.
Crocs Earnings Lack Bite, but Its Ugly Shoes Still Have Legs
Oh, no. Things are getting ugly for Crocs again. The footwear maker is still growing, but not as quickly as the market would like. The company saw revenue in the third quarter climb 8% to $295.6 million, short of the $302.4 million that analysts were targeting.
Bank of America Beats the Street with a Narrow Profit
Bank of America said Wednesday that it narrowly turned a profit from July through September, good enough to beat Wall Street expectations. The bank earned $340 million in the quarter, which works out to a fraction of a penny per share. But financial analysts expected an 11-cent loss.
Wall Street Watch this Week: Harvesting a New Quarter
After nine generally buoyant months, the final quarter of 2012 kicks off this week. Not many companies stepping up to report their results this week, but anyone interested in agriculture will be looking forward to hearing from Mosaic and Monsanto.
Wall Street this Week: Surprises in Store for Retailers
It's going to be a busy week for retailers as more than a dozen publicly traded chains offer up their latest quarterly financials. But regardless of how popular a diversion shopping is, don't assume that crowded malls are translating into blowout results for major retailers.
Why Netflix Will Never Be Great Again
There were a few positives in Netflix's quarterly report Tuesday, but the stock fell 14% thanks in part to mixed results and uninspiring guidance. But the real reasons investors fled are more complex -- and disturbing.
What to Watch This Week: Funds, 'Flix, Photocopies and Freshmen
This week on Wall Street, everyone will be watching Netflix; mutual funds will talk assets under management; we'll see earnings from some stock freshmen; NFL teams will pick their own fresh stock; and a few companies are likely to issue deja vu quarterly reports.