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Earnings Announcements

  • *Xerox to sell information technology outsourcing business to Atos for $1.05 billion. *Xerox says deal with Atos also includes additional consideration of $50 million; deal expected to close in the first half of 2015. *Xerox says now expects full-year 2014 gaap earnings per share from continuing operations of $0.87- $0.89.

  • Dec 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, raised its profit forecast for the full year after reporting quarterly revenue and profit above market expectations, boosted by strong growth in subscriptions. Shares of Red Hat, which counts IBM Corp, Dell Inc and Alcatel-Lucent SA among its customers, were up 10.6...

  • Nike earnings beat; shares slide on future orders Thursday, 18 Dec 2014 | 5:02 PM ET
    A customer tries on Nike sneakers at a Shoe Carnival store in Cincinnati, Ohio.

    Nike reported quarterly earnings of 74 cents a share on revenue of $7.38 billion, beating expectations.

  • Dec 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported quarterly revenue and profit above market expectations, boosted by strong growth in subscriptions. Revenue from subscriptions, Red Hat's biggest revenue source, rose 15.1 percent to $394.7 million in the third quarter ended Nov. 30. Red Hat shares closed at...

  • Cintas beats 2Q profit forecasts Thursday, 18 Dec 2014 | 4:33 PM ET

    CINCINNATI _ Cintas Corp. on Thursday reported fiscal second-quarter earnings of $120.4 million. Cintas expects full-year earnings in the range of $3.49 to $3.54 per share, with revenue in the range of $4.45 billion to $4.5 billion. Cintas shares have climbed 25 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 12 percent.

  • EPS & revenue beat for Nike  Thursday, 18 Dec 2014 | 4:27 PM ET

    Nike is reporting an EPS beat of $0.74 on revenue beat of $7.38 billion, with CNBC's Dominic Chu.

  • Nike says strong demand drives 2Q beat Thursday, 18 Dec 2014 | 4:21 PM ET

    BEAVERTON, Ore.— Nike Inc. says strong consumer demand helped boost its second-quarter revenue and profit. Nike's profit got a boost from the strong sales growth, improved margins and fewer outstanding shares. Nike also said that its worldwide futures orders, which are orders scheduled for delivery from December through April, rose 7 percent.

  • Red Hat tops Street 3Q forecasts, shares jump Thursday, 18 Dec 2014 | 4:15 PM ET

    RALEIGH, N.C.— Shares of Red Hat Inc. jumped in aftermarket trading Thursday after the open-source software company reported third-quarter results that topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for adjusted earnings of 40 cents per share. Red Hat's shares rose $5.72, or 9.3 percent, to $67.22...

  • Pier 1 meets 3Q profit forecasts Thursday, 18 Dec 2014 | 4:15 PM ET

    FORT WORTH, Texas _ Pier 1 Imports Inc. on Thursday reported profit of $17.9 million in its fiscal third quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 20 cents per share. Analysts expected $488.5 million, according to Zacks.

  • Dow soars 400 points, led by rally in tech sector Thursday, 18 Dec 2014 | 4:14 PM ET

    NEW YORK— The Dow Jones industrial average had its biggest day in three years, soaring more than 400 points as the stock market extended a rally into a second day. The Dow closed up 421 points, or 2.4 percent, to 17,778 Thursday, its largest gain since December 2011. Oracle led a rally in technology shares after the business software maker reported earnings that were...

  • Dec 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, posted a 15 percent rise in quarterly revenue, helped by strong growth in subscriptions. The company's net income fell to $47.9 million, or 26 cents per share, in the third quarter ended Nov. 30, from $52.0 million, or 27 cents per share, a year earlier. Revenue rose to $455.9...

  • AAR posts 2Q profit Thursday, 18 Dec 2014 | 4:12 PM ET

    WOOD DALE, Ill. _ AAR Corp. on Thursday reported net income of $15.2 million, or 38 cents per share, in its fiscal second quarter. The company, based in Wood Dale, Illinois, posted revenue of $490 million in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • PARIS, Dec 18- Air France-KLM on Thursday issued its third profit warning in six months, cutting its 2014 earnings goal by 200 million euros as higher-than-expected costs from a recent pilot strike added to weaker unit revenues. Air France-KLM said it faced continued weakness in unit revenues in several of its long-haul markets. This widening of the spread...

  • PARIS, Dec 18- Air France-KLM cut its 2014 earnings goal by 200 million euros on Thursday, blaming higher-than-expected costs from a September pilots' strike and fuel hedging. The Franco-Dutch airline group trimmed its forecast to 1.5- 1.6 billion euros in earnings before interest, tax, depreciation and amortization and said it would step up investment and cost...

  • The Dow Jones industrial average surged more than 300 points on Thursday, building on gains from a day earlier after the Federal Reserve indicated that it was in no rush to raise interest rates as the economy strengthened. Oracle led a rally in technology shares after the business software maker reported earnings that were better than expected.

  • Accenture raises revenue outlook after strong 1Q Thursday, 18 Dec 2014 | 12:02 PM ET

    Accenture raised its revenue forecast for fiscal 2015 after contract wins helped it post better-than-expected first-quarter earnings and revenue.

  • US stocks move higher, building on Fed gains Thursday, 18 Dec 2014 | 11:57 AM ET

    NEW YORK— The U.S. stock market is moving sharply higher, building on gains from the day before after the Federal Reserve indicated it was in no rush to raise interest rates. Oracle led a rally in technology shares in midday trading Thursday after the business software maker reported earnings that were better than expected. The Dow Jones industrial average rose...

  • Dec 18- Rite Aid Corp, the third largest U.S. drugstore chain, raised its full-year earnings forecast after cutting it twice this year as higher sales of prescription drugs pushed up its profit and revenue in the third quarter. Rite Aid's shares jumped 13.3 percent to $6.87 in heavy premarket trading. Rite Aid, which sells over-the-counter drugs, personal care...

  • Neogen misses Street 2Q forecasts Thursday, 18 Dec 2014 | 8:51 AM ET

    LANSING, Mich. _ Neogen Corp. on Thursday reported fiscal second-quarter earnings of $7.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Analysts expected $70.3 million, according to Zacks.

  • Dec 18- Consulting and outsourcing company Accenture Plc raised its revenue forecast for fiscal 2015 after contract wins helped the company post better-than-expected first-quarter earnings and revenue. Accenture's shares rose 3.5 percent to $88.25 in premarket trading on Thursday. Accenture, which gets about 56 percent of its revenue from outside North...