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Earnings Announcements

  • OMAHA, Neb., May 1- Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives. Net income for the Omaha, Nebraska- based insurance and investment conglomerate rose to $5.16 billion, or $3,143 per share, from...

  • Berkshire Hathaway first-quarter profit rises 10% Friday, 1 May 2015 | 6:51 PM ET
    Warren Buffett

    Buffett's Berkshire Hathaway on Friday said first-quarter profit rose 10 percent, helped by improved results in its BNSF railroad unit.

  • May 1- TransCanada Corp, Canada's second largest pipeline operator, reported a 10 percent rise in comparable earnings, helped by the positive impact of a stronger U.S. dollar on its U.S. pipeline operations and profits at its power businesses. TransCanada, the company behind the C $8 billion Keystone XL and C $12 billion Energy East pipelines, also said demand for...

  • OMAHA, Neb., May 1- Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, and operating results easily beat forecasts, boosted by its railroad and insurance businesses and gains from derivatives. Net income rose to $5.16 billion, or $3,143 per share, from $4.71 billion, or $2,862, a year earlier. Quarterly operating profit...

  • OMAHA, Neb.— Warren Buffett's company said Friday its first-quarter profit jumped 10 percent on the strength of its railroad and insurance businesses. Berkshire Hathaway Inc. earned $5.16 billion, or $3,143 per Class A share, during the first three months of 2015. That's up from $4.71 billion, or $2,862 per Class A share, last year. Berkshire Hathaway officials do...

  • Berkshire Hathaway 1st-qtr profit rises 10 percent Friday, 1 May 2015 | 5:16 PM ET

    OMAHA, Neb., May 1- Warren Buffett's Berkshire Hathaway Inc on Friday said first-quarter profit rose 10 percent, helped by improved results in its BNSF railroad unit, as well as by gains from derivatives. Net income rose to $5.16 billion, or $3,143 per share, from $4.71 billion, or $2,862. Quarterly operating profit increased 20 percent to $4.24 billion, or $2,583 per...

  • Mackinac Financial posts 1Q profit Friday, 1 May 2015 | 4:39 PM ET

    MANISTIQUE, Mich. _ Mackinac Financial Corp. on Friday reported net income of $1.4 million in its first quarter. Mackinac Financial shares have decreased almost 6 percent since the beginning of the year. Keywords: Mackinac Financial, Earnings Report.

  • The week ahead: April jobs on the way   Friday, 1 May 2015 | 4:02 PM ET
    The Week Ahead: April jobs on the way

    CNBC's Mandy Drury looks ahead to what are likely to be next week's top business and financial stories. More earnings from Comcast, Discover and Whole Foods, among others. And a big jobs number on Friday.

  • National Presto posts 1Q profit Friday, 1 May 2015 | 4:18 PM ET

    EAU CLAIRE, Wis. _ National Presto Industries Inc. on Friday reported first-quarter net income of $8.1 million. The Eau Claire, Wisconsin- based company said it had net income of $1.17 per share. Keywords: National Presto Industries, Earnings Report.

  • ACNB posts 1Q profit Friday, 1 May 2015 | 3:18 PM ET

    GETTYSBURG, Pa. _ ACNB Corp. on Friday reported first-quarter earnings of $2.5 million. ACNB shares have decreased 4 percent since the beginning of the year. Access a Zacks stock report on ACNB at http://www.zacks.com/ap/ACNB.

  • Middlesex Water posts 1Q profit Friday, 1 May 2015 | 3:01 PM ET

    ISELIN, N.J. _ Middlesex Water Co. on Friday reported first-quarter earnings of $3.6 million. Middlesex Water shares have declined 1 percent since the beginning of the year. Keywords: Middlesex Water, Earnings Report.

  • How old? Popular site hits, and misses, CEO ages Friday, 1 May 2015 | 2:02 PM ET

    A new online tool from Microsoft tells users how old they look. CNBC.com used it to see which CEOs could use some extra vacation time.

  • May 1- Oil and natural gas producer Chevron Corp reported a 43 percent drop in quarterly profit on Friday, though results beat analysts' expectations as cost cuts and robust refining margins helped offset the impact of tumbling crude prices. The help from refining operations mirrored results at large, integrated peers such as Exxon Mobil Corp and Royal Dutch...

  • May 1- TransCanada Corp, Canada's No.2 pipeline company by market value, reported a 10 percent rise in comparable earnings on Friday, helped by a stronger U.S. dollar and profits at its Eastern Canadian and U.S. power businesses. Earnings at TransCanada's Eastern Canadian power business increased nearly 41 percent in the quarter, while the U.S. Power business...

  • Wall St getting bitter dose of economic reality Friday, 1 May 2015 | 1:54 PM ET
    The Federal Reserve Building in Washington, D.C.

    Wall Street is slowly coming to a grips with an economy that offers not breakout growth but more of the mediocrity that could keep rates on hold.

  • Weis posts 1Q profit Friday, 1 May 2015 | 12:57 PM ET

    SUNBURY, Pa. _ Weis Markets Inc. on Friday reported first-quarter net income of $13.1 million. The Sunbury, Pennsylvania- based company said it had profit of 49 cents per share. Keywords: Weis Markets, Earnings Report.

  • Why Apple is on the up   Friday, 1 May 2015 | 11:40 AM ET
    Why Apple is on the up

    Alex Wood, editor-in-chief at The Memo, explains his enthusiasm about Apple and its new device: The Apple Watch. He also comments on Twitter earnings.

  • Smurfit Kappa earnings fundamentally good: CEO   Friday, 1 May 2015 | 11:20 AM ET
    Smurfit Kappa earnings fundamentally good: CEO

    Gary McGann, CEO of Smurfit Kappa, talks about its recent earnings for the first quarter and changes within the company's structure.

  • CHICAGO, May 1- CBOE Holdings Inc, operator of the largest U.S. stock options market, will cut expenses in response to weak trading volumes, the company said on Friday as it reported a decline in quarterly earnings. The owner of the Chicago Board Options Exchange has suffered because investors have not been worried about the potential for a sustained downturn in...

  • May 1- Oil and natural gas producer Chevron Corp reported a 43 percent drop in quarterly profit on Friday, though results beat analysts' expectations as cost cuts and robust refining margins helped offset the impact of tumbling oil prices. The reliance on refining operations mirrored results at large, integrated rivals Exxon Mobil Corp and Royal Dutch Shell, as...