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Earnings Earnings Announcements

  • May 21- Apparel retailer Gap Inc reported an 8 percent fall in quarterly profit, hurt by a stronger dollar, supply delays in the United States and lower demand for its namesake brand. Gap's Old Navy line, however, has attracted more customers with its affordable-yet-trendy merchandise, helping it become the largest brand by sales in the company's portfolio.

  • UPDATE 1-HP reports profit above estimates, shares up Thursday, 21 May 2015 | 5:05 PM ET

    May 21- Hewlett-Packard Co, the world's No. 2 PC maker, reported a quarterly profit above market estimates, helped by cost cuts, sending its shares up more than 3 percent in after-market trading. HP's net income fell to $1.01 billion, or 55 cents per share, in the second quarter ended April 30, from $1.27 billion, or 66 cents per share a year earlier. The company forecast an...

  • Aeropostale loss larger than expected Thursday, 21 May 2015 | 4:14 PM ET
    Aeropostale loss larger than expected

    CNBC's Courtney Reagan reports on quarterly results from big names in retail.

  • HPQ beats on earnings, misses revenue Thursday, 21 May 2015 | 4:06 PM ET
    HPQ beats on earnings, misses revenue

    Hewlett-Packard EPS beats, reports CNBC's Sue Herera. CNBC's David Faber weighs in as HP expects 'dis-synergies' of $400M-$450M from separation.

  • HP profit beats Street on lower costs Thursday, 21 May 2015 | 4:21 PM ET

    May 21- Hewlett-Packard Co reported a quarterly profit above market estimates, pushing shares up 2 percent in after-market trading. Net income fell to $1.01 billion, or 55 cents per share, in the second quarter ended April 30, from $1.27 billion, or 66 cents per share a year earlier. Revenue dropped to $25.45 billion from $27.31 billion.

  • HP posts mixed quarter as sales fall 7% Thursday, 21 May 2015 | 5:40 PM ET
    Hewlett-Packard

    HP reported strong notebooks sales in its fiscal second quarter, adding that its planned split into two companies is on track.

  • May 21- Apparel retailer Gap Inc reported an 8 percent fall in quarterly profit, hurt by a stronger dollar, supply delays in the United States and lower demand for its namesake brand. Gap's Old Navy line, however, has drawn customers with its affordable-yet-trendy merchandise, helping it become the largest brand by sales in the company's portfolio.

  • Gap's revenue miss no shock Thursday, 21 May 2015 | 4:01 PM ET
    Gap's revenue miss no shock

    CNBC's Courtney Reagan reports on Gap's quarterly results.

  • JOHANNESBURG, May 21- South Africa's biggest private hospital group Mediclinic International reported a sharp slowdown in earnings growth on Thursday as regulations squeezed the profit margin of its Swiss unit. Mediclinic said its Hirslanden unit, the largest private hospital network in Switzerland, was hit by an adjustment of the national outpatient...

  • May 21- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported better-than-expected quarterly profit and sales, helped by strong demand for smartphones and large-screen TVs. Best Buy said its revenue growth in the United States was driven by sales of mobile phones bundled with billing plans by telecom carriers. Best Buy's revenue from the United...

  • Early movers: BBY, OCR, HPQ, PFE, NKE & more Thursday, 21 May 2015 | 7:51 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Best Buy shares jump as earnings, revenue beat Thursday, 21 May 2015 | 8:53 AM ET
    Best Buy

    Best Buy reported quarterly earnings and revenue that topped analysts' expectations on Thursday.

  • May 21- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported better-than-expected quarterly profit and sales, helped by strong demand for large-screen TVs, smartphones and appliances. The net income attributable to Best Buy's shareholders fell to $129 million, or 36 cents per share, in the first quarter ended May 2 from $461 million, or $1.31 per...

  • Takeover rumors target Salesforce Thursday, 21 May 2015 | 6:23 AM ET
    Takeover rumors target Salesforce

    Kirk Materne, Evercore Partners, says the odds of a buyer for Salesforce.com are low, and explains why he raised the price target on the stock.

  • JOHANNESBURG, May 21- South African's Investec reported a 10.2 percent rise in full-year profit on Thursday, helped by a strong showing at its asset management and lending businesses. Investec, which is also listed in London, said adjusted earnings per share totalled 47.5 pence in the year ended March compared with 43.1 pence a year earlier.

  • This expert is 'cautiously optimistic' on Lenovo Wednesday, 20 May 2015 | 11:24 PM ET
    This expert is 'cautiously optimistic' on Lenovo

    Patrick Moorhead, president & principal analyst at Moor Insights & Strategy, discusses the outlook for Lenovo.

  • Lenovo reports FY results: What to expect Wednesday, 20 May 2015 | 9:33 PM ET
    Lenovo reports FY results: What to expect

    Jean-Louis Lafayeedney, director at Societe General Haitong, explains why he expects the world's number 1 PC company to outperform with its full-year financial results due Thursday.

  • May 20- Salesforce.com Inc, the subject of takeover speculation for the past few weeks, raised its revenue forecast for the full year, after the cloud software company reported a profit for the first time in seven quarters. "I think what investors will be very enthusiastic about tomorrow is how much margin upside there was," FBR Capital Markets analyst Samad Samana...

  • UPDATE 1-Salesforce raises full-year revenue forecast Wednesday, 20 May 2015 | 4:50 PM ET

    May 20- Salesforce.com Inc, the subject of takeover speculation for the past few weeks, raised its revenue forecast for the full year, after the cloud software company reported a profit for the first time in seven quarters. Bloomberg reported last month that Salesforce had been approached by a potential buyer. SAP, along with Microsoft Corp, Oracle Corp and IBM,...

  • Salesforce revenue jumps 23 pct Wednesday, 20 May 2015 | 4:14 PM ET

    May 20- Cloud software company Salesforce.com Inc, the subject of takeover speculation for the past few weeks, reported a 23 percent jump in quarterly revenue, helped by an increase in demand for its web-based sales and marketing software. The company reported net income of $4.1 million, or 1 cent per share, in the first quarter ended April 30, compared with a loss of...