Earnings Announcements
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Tim Smith, North Asia CEO of Maersk Line says a reduction in costs helped first-quarter earnings swing back into the black from a loss a year ago. He says new capacity coming into the Chinese market are driving freight rates down.
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Cramer has been looking at long-term losers to see if any show potential. He’s found something.
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If earnings are driving the rally, then next week is going to be very telling. "I want to be careful of some stocks," Cramer said.
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Airline stocks have flown this year -- rising nearly 30 percent. Brian Stutland, Stutland Volatility Group, weighs in.
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CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. Can banks be too big to manage? New data on the housing recovery comes next week and Microsoft holds an Xbox event this week.
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NEW YORK-- An analyst said Friday that he's not surprised that Wal-Mart's first-quarter performance was weak, given conditions such as an increased payroll tax and unseasonably cool weather. Thursday Wal-Mart Stores Inc. reported that its first-quarter profit edged up just slightly.
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NEW YORK-- Shares of Autodesk Inc. sank Friday after the design software company posted disappointing first-quarter results and lowered its forecasts for the year. THE SPARK: Autodesk reported its results after the market closed on Thursday.
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MINNEAPOLIS-- Donaldson, which makes filtration systems, posted a 2 percent decline in third-quarter net income as original equipment manufacturers trimmed production. For the three months ended April 30, Donaldson Co. earned $69.8 million, or 46 cents per share.
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Paul Swinand, Morningstar analyst, breaks down the retailer's first quarter results and suggests possible turnaround strategies for the company.
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HOUSTON-- Stage Stores' first-quarter loss widened as it spent to consolidate some facilities and, like other retailers, struggled to get shoppers out of the house and through their doors in some nasty spring weather.
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U.S. stock market index futures were higher Friday, with major averages looking to log their fourth-straight week higher, ahead of a key reading on consumer sentiment.
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Jim McCaughan, CEO at Principal Global Investors says the Fed has been on the right track and very transparent about its plans.
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If you’re one of those investors who likes to parse through 13F filings Jim Cramer thinks you’re wasting your time.
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SINA Corp., which operates a popular Chinese Internet portal, said Thursday that it narrowed its first-quarter loss on improved revenue. Chairman and CEO Charles Chao said that SINA is making good progress in transitioning from a personal computer-focused business to a mobile-centric Internet company.
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Greg Creed, president, chairman & CEO of Taco Bell, talks about the company's latest kitchen creation, the Waffle Taco, which sells for 89 cents.
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JC Penney reported a bigger quarterly loss and lower revenue than expected. CEO Mike Ullman vowed to put the retailer "back on a path to profitable growth."
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SAN JOSE, Calif.-- Brocade Communications Systems Inc., a maker of computer networking technology, said Thursday that fiscal second-quarter sales fell because of a slowdown in the storage market. Net income rose 20 percent, to $47 million, or 10 cents per share, in the February-April quarter, from $39.3 million, or 8 cents per share the year before.
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Dell reported earnings that fell far shy of market forecasts but revenue came in better than expected. Shares were little changed after-hours.
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CNBC's Jon Fortt has Dell's quarterly numbers. Carr Lanphier, Morningstar, offers his perspective too.
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May 16- Nordstrom Inc on Thursday reported lower-than-expected sales and profit for the first quarter, citing weak business in early winter, and lowered its full-year sales forecast, sending shares down 3.9 percent in after-hours trading.