The company now expects to report $710 million to $740 million in revenue, far below its previous estimate of $810 million to $830 million, for its fiscal first quarter that ends May 2. Marvell also withdrew its guidance for net income, profit margin, and operating expenses. Marvell Technology Group Ltd. stock fell 81 cents, or 5.7 percent, to $13.49 in aftermarket...
NEWARK, Ohio _ Park National Corp. on Friday reported first-quarter profit of $19 million. Park National shares have dropped 3 percent since the beginning of the year. Keywords: Park National, Earnings Report.
A look ahead at Apple's quarterly numbers, with Max Wolff, Manhattan Venture Partners.
WAUWATOSA, Wis. _ Waterstone Financial Inc. on Friday reported first-quarter net income of $3 million. The Wauwatosa, Wisconsin- based company said it had profit of 9 cents per share. Keywords: Waterstone Financial, Earnings Report.
CNBC's Mandy Drury looks ahead to what are likely to be next week's top business and financial stories. Lots of earnings, including Apple, and the Fed meets next week to discuss the economy.
A call-buying strategy has produced huge returns this earnings season, according to Goldman Sachs. Is betting on stocks ahead of earnings the way to go? Larry McDonald of Societe Generale and Jimmy Lee of the Wealth Consulting Group discuss with Mandy Drury.
Apple is slated to disclose fiscal second-quarter earnings after the bell on Monday in what is arguably the most watched report of the season.
CHICOPEE, Mass. _ Chicopee Bancorp Inc. on Friday reported first-quarter net income of $313,000, after reporting a loss in the same period a year earlier. Chicopee Bancorp shares have increased slightly since the beginning of the year. Keywords: Chicopee Bancorp, Earnings Report.
At American Airlines, passengers flew fewer miles and revenue declined 2 percent in the first quarter. —United Airlines posted record first-quarter earnings of $508 million, even though revenue dipped 1 percent; it saved more than $1 billion on fuel. —Southwest tripled its profit to a record $453 million; fuel savings were $437 million.
*Electrolux and Renault advance after results. LONDON, April 24- European shares rose on Friday, boosted by encouraging corporate earnings and upbeat economic data, while prospects for a deal over Greece's debt crisis also lifted Athens' volatile market. There was also cautious optimism on Greece after German Chancellor Angela Merkel expressed hope that a...
Piers Curran, head of trading at Amplify Trading, discusses what we should watch from Apple earnings, adding that he expects more dividends and more share buybacks.
NEW YORK— Stocks advanced slightly Friday as investors cheered the quarterly results of three large technology companies: Google, Microsoft and Amazon. Next week, more than 150 companies in the S&P 500 will report their results, including such market-moving names as Apple, Ford, Visa, Pfizer and Exxon Mobil. Microsoft, Amazon and Google all rose sharply after the...
Shawn Milne, Janney Capital Markets, explains why he upgraded Amazon to a 'buy," and raised its price target to $488 a share. And the FMHR traders weigh in on the outlook for Amazon.
TAPPAHANNOCK, Va. _ Eastern Virginia Bankshares Inc. on Friday reported first-quarter earnings of $1.6 million. Eastern Virginia Bankshares shares have fallen slightly more than 5 percent since the beginning of the year. Keywords: Eastern Virginia Bankshares, Earnings Report.
Co-executive Re/Code editors Kara Swisher and Walt Mossberg discuss big tech companies including Amazon, Google, and Microsoft. Mossberg says he will do a long term test trial on the Apple Watch before writing a review.
Rami Rahm, Juniper CEO, discusses his company's earnings and advancements, and consolidation within the networking industry. This industry needs a company like Juniper, says Rahm.
CNBC's Jim Cramer explains why Amazon's first-quarter earnings were great despite missing expectations.
CATSKILL, N.Y. _ Greene County Bancorp Inc. on Friday reported fiscal third-quarter profit of $1.8 million. The Catskill, New York- based company said it had profit of 42 cents per share. Keywords: Greene County Bancorp, Earnings Report.
Aaron Kessler, Raymond James, has a market perform rating on Amazon, and an outperform rating on Google. He says Amazon is headed in the right direction.
CHARLESTON, S.C. _ Carolina Financial Corp. on Friday reported first-quarter profit of $3 million. Carolina Financial shares have dropped slightly more than 5 percent since the beginning of the year. Keywords: Carolina Financial, Earnings Report.