GO
Loading...

Enter multiple symbols separated by commas

Earnings Announcements

  • Not bullish on Samsung Electronics: Expert

    Brad Gastwirth, CEO of ABR Investment Strategy, outlines his concerns about Samsung's smartphone business.

  • SEOUL, July 7- South Korean tech giant Samsung Electronics Co Ltd on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand from key markets likely undercut sales. The guidance suggests that Samsung, while on a gradual recovery path, will struggle to replicate the...

  • What's weighing on Samsung's smartphone sales

    Bob O'Donnell, founder & chief analyst at Technalysis Research, attributes the weaker-than-expected sales to factors such as a slowdown in the smartphone market.

  • Samsung Electronics tips below-view Q2 earnings

    Samsung Electronics expects its operating profit at 6.9 trillion won during the second quarter, below Reuters' forecasts of 7.2 trillion won.

  • *Analysts tipped 7.2 trillion won profit for the quarter. SEOUL, July 7- Tech giant Samsung Electronics Co Ltd on Tuesday said April-June earnings will likely miss expectations, deflating hopes for a rapid return to strong growth after supply shortages plagued its latest smartphone launch. Operating profit for the second quarter likely fell 4 percent from a...

  • SEOUL, South Korea— Samsung Electronics Co. forecast lower-than-expected profit for the April-June quarter in a sign that its much-anticipated Galaxy S6 smartphones failed to lead a meaningful recovery. In its Tuesday earnings preview, the maker of Galaxy smartphones put its second quarter operating income at 6.9 trillion won, down 4 percent from a year...

  • July 6- U.S. chipmaker Advanced Micro Devices Inc lowered its revenue estimate for the second quarter, below analysts' average expectation, saying the demand for personal computers was weaker-than-expected. AMD's shares fell as much as 15 percent to $2.10 in extended trading, after the company also cut its adjusted gross margin forecast for the quarter ended...

  • July 6- U.S. chipmaker Advanced Micro Devices Inc lowered its revenue estimate for the second quarter ended June 27, saying the demand for personal computers was weaker-than-expected. The company reported revenue of $1.03 billion for the first quarter. The first forecast implied revenue of $999.1 million to $969.1 million.

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

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

  • LONDON, July 6- British engineer Rolls-Royce cut profit expectations for the third time in nine months on Monday, increasing the challenge for its new chief executive. That turns up the heat on new CEO Warren East, who took the helm only four days ago. The aerospace business accounted for almost half of 2014 revenues and has been riding a surge in demand for...

  • British engineering company Rolls-Royce cut its profit forecasts for this year and next, citing continued weakness in oil and gas markets.

  • British engineering company Rolls-Royce cut its profit forecasts for this year and next, citing continued weakness in oil and gas markets.

  • Behind the plunge in Toshiba shares Monday, 6 Jul 2015 | 12:33 AM ET
    Behind the plunge in Toshiba shares

    On Monday, shares of Toshiba plunged as much as 5 percent amid an ongoing independent investigation into accounting irregularities. CNBC's Kaori Enjoji reports.

  • Tesla Model X: A design flop? Thursday, 2 Jul 2015 | 1:46 PM ET
    The Tesla Model X is shown at the 2013 North American International Auto Show media preview January 15, 2013 in Detroit, Michigan.

    After the SEC passed new rules, this financial advisor's advice is: Stay out of money-market funds!

  • NEW YORK, July 2- With analysts' expectations for second-quarter U.S. earnings at rock-bottom levels, many companies may well beat forecasts, possibly setting up the stock market for gains in the coming weeks. With Alcoa set to kick off results season next week, investors are eyeing a 3- percent projected drop in benchmark S&P 500 earnings from a year ago, which...

  • Early movers: HNT, TSLA, POT, AN, FDO, GE & more Thursday, 2 Jul 2015 | 7:53 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • International Speedway posts 2Q profit Thursday, 2 Jul 2015 | 7:39 AM ET

    DAYTONA BEACH, Fla. _ International Speedway Corp. on Thursday reported fiscal second-quarter profit of $13.4 million. International Speedway expects full-year earnings to be $1.20 to $1.30 per share, with revenue in the range of $625 million to $635 million. International Speedway shares have increased 17 percent since the beginning of the year.

  • Seeing demand for low-price housing: CEO Thursday, 2 Jul 2015 | 2:15 AM ET
    Seeing demand for low-price housing: CEO

    Jeffrey Fairburn, CEO of Persimmon, discusses schemes aimed at helping first-time buyers.

  • Family Dollar misses 3Q profit forecasts Wednesday, 1 Jul 2015 | 4:57 PM ET

    CHARLOTTE, N.C.— Family Dollar Stores Inc. on Wednesday reported fiscal third-quarter profit of $79.9 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. A year ago Family Dollar Stores earned $81.1 million, or 71 cents per share, on sales of $2.66 billion.

  • Progress Software posts 2Q profit Wednesday, 1 Jul 2015 | 4:27 PM ET

    BEDFORD, Mass. _ Progress Software Corp. on Wednesday reported fiscal second-quarter profit of $5.8 million. For the current quarter ending in August, Progress Software expects its per-share earnings to range from 35 cents to 38 cents. Progress Software expects full-year earnings in the range of $1.45 to $1.52 per share, with revenue ranging from $380 million...