Earnings Earnings Announcements

  • March 18- Upscale jeweler Tiffany& Co reported a better-than-expected profit for the holiday quarter as it raised prices and benefited from lower prices of diamonds, gold and silver. Weakness in the global economy and a strong dollar have hurt Tiffany and other luxury retailers such as Nordstrom Inc, Neiman Marcus Group and Macy's Inc-owned Bloomingdale's as...

  • Analyst: Not impressed with Tiffany earnings

    Discussing luxury jeweler Tiffany's earnings release with Ike Boruchow, senior research analyst at Wells Fargo Securities, and Brian Tunick, managing director at RBC Capital Markets.

  • Adobe Creative Cloud

    Adobe Systems reported a 24.7 percent rise in revenue, helped by strong demand for its cloud-based design and digital marketing tools.

  • March 18- Upscale jeweler Tiffany& Co said it expected profit to fall in the first half of this fiscal year as a strong dollar hurts tourist spending at its stores in the United States and erodes revenue from other markets. Weakness in the global economy and a strong dollar have discouraged tourists from buying luxury items, hurting companies including Tiffany,...

  • Net income for the quarter ended Jan. 30 was C $30.9 million compared with a loss of C $123.6 million a year earlier. Sears Canada booked a gain of C $170.7 million from the sale of JPMorgan& Chase Co's Canadian credit card portfolio associated with the store operator. Revenue fell 8.7 percent to C $887.6 million.

  • Traders work on the floor of the New York Stock Exchange

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

  • TIF beats Street, sees second half growth

    I think to be fair, the numbers are not great, says Brian Nagel, Oppenheimer & Co., breaking down's Tiffany's quarterly results and weighing in on the state of the luxury retailer. The strength of the U.S. dollar has been a big headwind for Tiffany, says Nagel.

  • BRP also said it expected normalized earnings per share to rise 2-8 percent to C $1.75- C $1.85 for the year ending January 2017. BRP, which has operations and clientele across the Americas and Europe, also reported a higher-than-expected adjusted profit for its fourth quarter ended Jan. 31. The Valcourt, Quebec- based company reported a net loss of C $28.7 million,...

  • March 18- Upscale jeweler Tiffany& Co said it expected profit to fall in the first half of 2016 as a strong dollar hurts tourist spending at its stores in the United States and erodes revenue from other markets. Weakness in the global economy and a strong dollar have reduced tourist spending on luxury items in the United States. The company's net income declined...

  • A flag for a Tiffany & Co. store hangs along Wall Street in Manhattan.

    Tiffany's sales fell 5.6 percent as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets.

  • March 18- Tiffany& Co's sales fell 5.6 percent in the holiday quarter as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets. Its net income fell to $163.2 million, or $1.28 per share, in the quarter ended Jan. 31 from $196.2 million, or $1.51 per share, a year earlier. Revenue fell to $1.21 billion from $1.29...

  • March 18- Canada's BRP Inc, the maker of Ski-Doo snowmobiles and Sea-Doo watercraft, swung to a quarterly loss, hurt by a C $70 million impairment charge on its outboard engine assets. Valcourt, Quebec- based BRP reported a net loss was C $28.7 million, or 25 Canadian cents per share, in the fourth quarter ended Jan. 31, compared with a profit of C $8.5 million, or 7 Canadian...

  • Mobile outpowers rest of the market: CEO

    David Kershaw, CEO of M&C Saatchi, says the company's growth is being driven by newer, data-backed communication channels such as mobile.

  • Tencent

    The value of transactions on Tencent's WeChat Pay will likely overtake that of PayPal this year, says Hans Tung, managing partner at GGV Capital.

  • *Expects FY revenue of $5.8 bln vs est $5.74 bln. *Expects FY adj profit of $2.80/ share vs est $2.76/ share. Adobe, which is generally conservative with its forecast, said it now expects an adjusted profit of about $2.80 per share, on revenue of about $5.8 billion for its fiscal year 2016..

  • Revenue rose 24.7 percent to $1.38 billion, beating analysts' estimate of $1.34 billion. The company's net income rose to $254.3 million, or 50 cents per share, in the first quarter ended March 4, from $84.9 million, or 17 cents per share, a year earlier. Excluding items, it earned 66 cents per share, beating average analysts' estimate of 61 cents per share, according to...

  • March 17- Photoshop maker Adobe Systems Inc reported a 24.7 percent rise in quarterly revenue, helped by strong demand for its cloud-based design and digital marketing tools. The company's net income rose to $254.3 million, or 50 cents per share, in the first quarter ended March 4, from $84.9 million, or 17 cents per share, a year earlier. Revenue rose to $1.38 billion...

  • March 17- Caterpillar Inc, the world's No. 1 maker of construction and mining equipment, forecast first-quarter profit and revenue well below Wall Street expectations on Thursday, prompting questions from some analysts on its full-year outlook. It said it expects first quarter 2016 sales and revenue to be in a range of $9.3 billion to $9.4 billion.

  • Traders work on the floor of the New York Stock Exchange

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

  • TPP in forefront of  biz talks: SWK CEO

    John Lundgren, Stanley Black & Decker chairman & CEO, discusses the key issues CEOs are focusing on this election year, including, trade, manufacturing, jobs and education.