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Earnings Announcements

  • Dollar Tree 2Q profit falls 2 percent Thursday, 21 Aug 2014 | 7:50 AM ET

    RICHMOND, Va.— Dollar Tree Inc. said Thursday its second-quarter profit fell more than 2 percent on costs related to its planned acquisition of rival discounter Family Dollar even though shoppers spent more at its discount stores.

  • Dollar tree profit falls 2.6 pct Thursday, 21 Aug 2014 | 7:49 AM ET

    Aug 21- Dollar Tree Inc reported a 2.6 percent fall in quarterly profit as costs increased. Net income fell to $121.5 million, or 59 cents per share, in the second quarter ended Aug. 2 from $124.7 million, or $1.25 per share, a year earlier. Dollar Tree, which operates the Dollar Tree, Deal$ and Dollar Bills stores, agreed to buy Family Dollar Stores Inc in July.

  • The company, controlled by hedge fund manager Eddie Lampert, said quarterly revenue fell 9.7 percent, reflecting the impact of the separation of its Lands' End clothing business, store closures and sales declines at Sears Canada Inc..

  • Early movers: SHLD, HRL, DLTR, HTZ, F, UPS & more Thursday, 21 Aug 2014 | 7:36 AM ET
    Traders on the floor of the New York Stock Exchange.

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

  • Hormel Foods 3Q results beat Street's view Thursday, 21 Aug 2014 | 7:30 AM ET

    The maker of Spam, Dinty Moore stew and other products earned $138 million, or 51 cents per share, for the period ended July 27. Revenue for the Austin, Minnesota company rose 6 percent to $2.28 billion from $2.16 billion.

  • Sears 2Q loss widens on sluggish sales Thursday, 21 Aug 2014 | 6:37 AM ET

    The retailer— which runs Sears and Kmart stores— lost $573 million, or $5.39 per share, for the period ended Aug. 2. Sears is looking to shift away from its focus on running a store network to operating a member-focused business called Shop Your Way. But it has faced mounting pressure from nimbler rivals like Wal-Mart Stores and Home Depot.

  • 'Limited' upside for Hewlett Packard: Pro     Thursday, 21 Aug 2014 | 5:50 AM ET

    David Pearl, executive vice president and co-CIO at Epoch Investments Partners, comments on Hewlett Packard's earnings and says the stock has "limited upside at best".

  • 'Long-term impact' if Scotland leaves UK: CEO     Thursday, 21 Aug 2014 | 3:05 AM ET

    Tony Durrant, CEO of Premier Oil, says there will be a "long-term impact" if Scotland becomes independent.

  • Stagnant wages in US 'concern us': Ahold CEO     Thursday, 21 Aug 2014 | 2:20 AM ET

    Dick Boer, CEO of Ahold, says a lack of wage growth in the U.S. and continued unemployment is hitting the company's margins.

  • These factors boosted ASX FY earnings     Thursday, 21 Aug 2014 | 12:33 AM ET

    Elmer Funke Kupper, CEO at ASX, says growth across the board lifted its annual profit. He also outlines the strengths of the stock operator in the initial public offering market.

  • AMP: Pleased with strong growth in 1H revenue     Wednesday, 20 Aug 2014 | 8:33 PM ET

    Craig Meller, CEO of AMP, says its first-half underlying profit grew on the back of successful cost-cutting measures. He also discusses how the firm overcome challenges in the life insurance space.

  • Woodside: We can repeat robust 1H earnings     Wednesday, 20 Aug 2014 | 8:22 PM ET

    Peter Coleman, CEO of Woodside Petroleum, says he is confident that the oil producer can repeat its record first-half profits amid improvements in its underlying business.

  • MMG: Cost cuts lifted H1 profits     Wednesday, 20 Aug 2014 | 7:31 PM ET

    Andrew Michelmore, CEO of MMG, outlines how the miner managed to cut costs by 9 percent in the first half of the year and discusses the potential of its Las Bambas mine.

  • *KKR& Co and TPG Capital in rival $3.1 bln takeover bids. SYDNEY, Aug 21- Australia's Treasury Wine Estates Ltd, the world's No. 2 winemaker, swung to its first annual net loss and missed analysts' forecasts as the takeover target grappled with massive oversupply in its U.S. arm and sales fell globally.

  • Here's why HP's PC sales were up in Q3     Wednesday, 20 Aug 2014 | 6:37 PM ET

    Tim Bajarin, President of Creative Strategies, attributes the 12 percent rise in sales of personal computers to factors like an increase in corporate and "back to school" purchases.

  • SAN FRANCISCO, Aug 20- Hewlett-Packard Co posted a surprise increase in quarterly revenue after sales from its personal computer division climbed 12 percent, but a flat to declining performance from its other units underscored the company's uphill battle to revive growth.

  • SAN FRANCISCO, Aug 20- Hewlett-Packard Co posted a surprise increase in quarterly revenue after sales from its personal computer division climbed 12 percent, but a flat to declining performance from its other units underscored the company's uphill battle to revive growth.

  • L Brands beats Street 2Q forecasts Wednesday, 20 Aug 2014 | 5:01 PM ET

    COLUMBUS, Ohio— L Brands Inc. on Wednesday reported fiscal second-quarter profit of $188.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. L Brands shares have climbed nearly 2 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 7.5 percent.

  • HP's 3Q earnings mirror Street view as sales rise Wednesday, 20 Aug 2014 | 4:59 PM ET

    PALO ALTO, Calif.— Hewlett-Packard Co.' s fiscal third-quarter earnings fell 29 percent as the personal computer and printer maker absorbed the costs of employee layoffs and past acquisitions. HP earned $985 million, or 52 cents per share, for the three months ended in July.

  • UPDATE 1-Hewlett-Packard posts surprise revenue gain Wednesday, 20 Aug 2014 | 4:35 PM ET

    SAN FRANCISCO, Aug 20- Hewlett-Packard Co posted a surprise increase in quarterly revenue after revenue from its personal computer division climbed 12 percent, but flat to declining revenue in its other units underscored the company's uphill battle to revive growth. Wall Street analysts, on average, had forecast a modest drop in revenue to $27.01 billion.