SAN JOSE, Calif.— In a story July 21 about Polycom Inc.' s earnings— generated by Automated Insights using data from Zacks Investment Research— The Associated Press reported erroneously that the company's adjusted earnings were 7 cents a share and missed Wall Street expectations. Polycom reports 2nd- quarter loss of $10 million. SAN JOSE, Calif.— Polycom Inc. on...
HATTIESBURG, Miss. _ The First Bancshares Inc. on Friday reported second-quarter profit of $2.6 million. The First Bancshares shares have decreased slightly more than 3 percent since the beginning of the year. Keywords: The First Bancshares, Earnings Report.
GUADALAJARA, Mexico _ Grupo Simec SAB de CV on Friday reported second-quarter profit of $98 million. The Guadalajara, Mexico- based company said it had profit of 61 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.
CHICOPEE, Mass. _ Chicopee Bancorp Inc. on Friday reported net income of $221,000 in its second quarter. Chicopee Bancorp shares have risen almost 9 percent since the beginning of the year. Keywords: Chicopee Bancorp, Earnings Report.
SCRANTON, Pa. _ Peoples Financial Services Corp. on Friday reported second-quarter profit of $4.9 million. Peoples Financial Services shares have risen almost 3 percent since the beginning of the year. Keywords: Peoples Financial Services, Earnings Report.
CNBC's Michelle Caruso-Cabrera looks ahead to what are likely to be next week's top business and financial stories.
CEO Mark Dunkerley said lower fuel costs and strong demand propelled the strong quarterly results.
SAN FRANCISCO, July 22- A quartet of technology heavyweights will be part of an avalanche of quarterly corporate earnings reports next week that, along with a meeting of Federal Reserve policymakers, could hold the key to whether Wall Street extends its record-breaking rally or loses steam. With second-quarter reporting season kicking into high gear,...
Despite Chipotle stock's 5 percent jump on Friday, some analysts are telling investors not to buy.
WAUWATOSA, Wis. _ Waterstone Financial Inc. on Friday reported second-quarter earnings of $7.8 million. The Wauwatosa, Wisconsin- based company said it had profit of 29 cents per share. Keywords: Waterstone Financial, Earnings Report.
July 22- Husky Energy Inc, Canada's No. 3 integrated oil company, reported a smaller-than-expected quarterly loss on Friday as its focus on fewer, more efficient resource plays helped reduce production costs. The strong results sent shares up 2.66 percent to C $15.83 on the Toronto Stock Exchange, even as the Calgary- based company rushed to clean up after oil...
HONESDALE, Pa. _ Norwood Financial Corp. on Friday reported second-quarter earnings of $1.9 million. Norwood Financial shares have declined nearly 3 percent since the beginning of the year. Keywords: Norwood Financial, Earnings Report.
REDDING, Calif. _ Bank of Commerce Holdings on Friday reported second-quarter earnings of $1.6 million. Bank of Commerce shares have decreased almost 2 percent since the beginning of the year. Keywords: Bank of Commerce, Earnings Report.
NEW YORK, July 22- General Electric Co on Friday reported weak demand for new oil, gas and transportation equipment, raising concerns about its full-year performance and sending its shares down as much as 2.8 percent. Still GE, long considered a bellwether for the U.S. economy, posted adjusted second-quarter earnings of 51 cents a share that topped analysts'...
*2nd- qtr profit $1.77/ shr vs est. July 22- American Airlines Group Inc reported a better-than-expected quarterly profit as fuel costs fell and the world's largest airline said it would defer taking delivery of 22 Airbus planes to be able to adjust capacity according to demand. American said it expected revenue per available seat mile to fall 3.5-5.5 percent in...
The world's largest airline reported declines on both the top and bottom lines, but managed to beat analysts' expectations.
Stephen Anderson, Maxim Group Senior Restaurant & Consumer Analyst, and Nick Setyan, Wedbush Securities Senior Equity Analyst, discuss Chipotle following its earnings release.
CNBC's Dominic Chu reports the highlights of earnings from big names like Stanley Black & Decker, Skechers and VF Corp.
The industrial conglomerate reports better than expected earnings and revenue for its second quarter.
SINGAPORE, July 22- China's conglomerate CITIC Ltd expects its net profit to roughly halve in the first half of the year due to lower property sales, a sluggish stock market and a depreciation of the yuan currency. In another sign of China's slowing economy, CITIC's net profit is expected to fall by about 40-50 percent in the six months ended June, it said in a filing...