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Earnings Earnings Announcements

  • NEW YORK, May 12- The U.S. government on Tuesday lowered its 2015 and 2016 crude oil production growth forecasts amid lower prices and fewer active drilling rigs. In its short term energy outlook, the U.S. Energy Information Administration lowered its 2015 crude oil production growth forecast to 530,000 barrels per day from 550,000 bpd, while 2016 growth was seen...

  • May 12- Air Canada reported better-than-expected adjusted first-quarter earnings on Tuesday as fuel costs fell and other operating costs improved, and lowered its forecast for a key cost measure. On an adjusted basis, Air Canada reported a net income of 41 Canadian cents per share for the quarter ended March 31, far above the 18 Canadian cents analysts were...

  • Early movers: AOL, MS, HTZ, TSLA, AAPL & more Tuesday, 12 May 2015 | 7:57 AM ET
    Trader on the floor of the New York Stock Exchange.

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

  • May 12- Encana Corp, Canada's largest natural gas producer, posted a surprise quarterly operating profit as investments in technology to lower well costs and increase production begin paying off. Encana has been diversifying into oil production and has invested heavily in technology and drilling techniques, such as applying simultaneous drilling and...

  • May 12- Air Canada, the country's largest airline by revenue, reported a better-than-expected adjusted profit in the first quarter as fuel costs fell, and said cost per mile for the full year would be lower than it had forecast earlier. On an adjusted basis, Air Canada reported a net income of 41 Canadian cents per share for the quarter ended March 31, far above the 18...

  • Canada's Encana posts 98 pct drop in operating profit Tuesday, 12 May 2015 | 6:12 AM ET

    The Calgary- based company's operating profit, which excludes most one-time items, fell to $9 million, or 1 cent per share, in the first quarter ended March 31, from $515 million, or 70 cents per share, a year earlier.

  • Air Canada loss narrows due to lower fuel costs Tuesday, 12 May 2015 | 6:08 AM ET

    May 12- Air Canada, the country's largest airline by revenue, reported a smaller net loss in the first quarter, helped by lower fuel costs. The company's net loss narrowed to C $309 million, or C $1.08 per share, in the quarter ended March 31 from C $341 million, or C $1.20 per share, a year earlier. The Montreal- based carrier's operating revenue rose 6 percent to C $3.3...

  • Wall Street seen sharply lower as bond falloff weighs Tuesday, 12 May 2015 | 9:06 AM ET
    Traders signal offers in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE).

    U.S. stock index futures pointed to a sharply lower Wall Street open on Tuesday, as global stocks declined on the back of a sharp fall in bond prices.

  • Earnings before interest and tax swung to $30 million in January-March from a loss of $22.6 million in the first quarter of last year, topping the average forecast for a loss of $1 million in a Reuters poll of analysts. The Copenhagen- based still expects a full-year operating result between a loss of $40 million and a profit of $40 million. With 203 owned and...

  • UPDATE 1-Danish jeweller Pandora raises sales forecast Tuesday, 12 May 2015 | 3:52 AM ET

    *2015 sales now seen above 15 bln DKK vs above 14 bln. COPENHAGEN, May 12- Danish jewellery maker Pandora increased its operating profit by almost 40 percent in the first quarter, exceeding analysts' expectations, and raised its full-year sales forecast. However, shares in the company fell, together with the main Copenhagen stock exchange index, as analysts noted...

  • May 12- Experian Plc, the world's biggest credit data company, reported a 4 percent fall in pretax profit, below analysts' expectations, hurt by the weakness of the Brazilian real and other adverse foreign exchange moves. Revenue for the period rose less than 1 percent as Experian continued to witness sluggish growth in Latin America, particularly in Brazil.

  • *Deutsche Post confirms 2015 group profit target. "We saw a moderate start to the year, as we expected," Chief Executive Frank Appel said on Tuesday after the company reported earnings before interest and tax of 720 million euros, against forecasts for 751 million euros. Restructuring at its freight forwarding business has been more difficult than anticipated,...

  • Japan shares drop on earnings caution, bond volatility Monday, 11 May 2015 | 10:50 PM ET

    *Bridgestone falls on soft quarterly result. TOKYO, May 12- Japanese share prices slipped on Tuesday, losing momentum as investors considered the implications of conservative earnings guidance from Japanese companies and volatile bond markets. "This is a period of time in year when we are likely to see the biggest gap between analysts' forecasts and company...

  • TORONTO, May 11- The operator of the Toronto Stock Exchange, TMX Group Ltd, posted a 8.2 percent decline in first-quarter profit on Monday, missing analyst estimates, due to low commodity prices and higher expenses. Operating expenses in the quarter rose 13 percent to $118 million, driven mainly by a charge related to headcount reductions. The Toronto- based...

  • TORONTO, May 11- The operator of the Toronto Stock Exchange, TMX Group Ltd, posted a 8.2 percent decline in first-quarter profit on Monday due to low commodity prices and higher expenses. The Toronto- based company said it had net profit attributable to shareholders of C $42.6 million, or 78 Canadian cents per share, compared with a profit of C $46.4 million, or 86...

  • May 11- Rackspace Hosting Inc's quarterly revenue fell below market estimates, hurt by a strong dollar, sending the web hosting company's shares down nearly 10 percent in extended trading. The company is facing tough price competition from Amazon.com Inc, Google Inc and Microsoft Corp for cloud services that includes online storage, processing power and...

  • Rackspace revenue up 14 pct Monday, 11 May 2015 | 4:09 PM ET

    May 11- Rackspace Hosting Inc reported a 14 percent increased in quarterly revenue due to higher demand for its web-hosting and cloud management services. Net income rose to $28.4 million, or 20 cents per share, for the first quarter ended March 31, from $25.4 million, or 18 cents per share, a year earlier. The company's revenue rose to $480.2 million from $421...

  • 3 Stocks that beat earnings Monday, 11 May 2015 | 1:30 PM ET
    3 Stocks that beat earnings

    CNBC's Dominic Chu checks out the earnings history for Arctic Cat, Macy's and Symantec.

  • S&P 500 earnings scorecard Monday, 11 May 2015 | 1:01 PM ET
    S&P 500 earnings scorecard

    Here's a look at the companies in the S&P 500 releasing earnings this week, with CNBC's Dominic Chu.

  • May 11- Dean Foods Co, the largest U.S. milk processor, reported a better-than-expected quarterly profit as the company did not pass on the benefits of falling milk prices to consumers. Dean Foods said retailers focused on restoring profitability to dairy products in the first quarter ended March 31. Net loss attributable to Dean Foods widened to $73.7 million,...