*First quarter earnings/share $0.96 vs est $1.02. Dec 11- Costco Wholesale Corp reported a first-quarter profit and sales that fell short of analysts' estimates, hurt by a rise in operating expenses. Profit rose to $425 million, or 96 cents per share, in the first quarter ended Nov. 24 from $416 million, or 95 cents per share, a year earlier.
The "Squawk on the Street" team discuss the Costco earnings miss and where the wholesale company is hitting and missing.
Dec 11- Canadian department store operator Hudson's Bay Co reported a lower-than-expected adjusted quarterly profit due to higher expenses, but same-store sales at its Lord& Taylor chain in the United States returned to growth. Excluding acquisition-related and restructuring costs, Hudson's Bay earned C $8.9 million, or 7 Canadian cents per share.
NEWS: The mining company Joy Global's fiscal fourth-quarter net income tumbled 87 percent, stung by a large charge related to its branding initiative. DETAILS: The Milwaukee- based company's total bookings fell 19 percent to $1.1 billion in the quarter. NUMBERS: Joy Global Inc. earned $26.8 million, or 25 cents per share, for the period ended Oct. 25.
Dec 11- Mining equipment maker Joy Global Inc forecast 2014 earnings below analysts' estimates after reporting a quarterly profit that fell short of expectations as miners cut spending. Coal miners, who account for about two-thirds of Joy Global's revenue, have cut back on buying equipment as they struggle with a supply glut and weak prices.
Some of the names on the move ahead of the open.
Dec 11- Canadian department store operator Hudson's Bay Co posted a bigger third-quarter net loss, mainly due to costs related to its acquisition of U.S. retailer Saks, but reported slightly higher same-store sales from its Lord& Taylor chain. Consolidated sales of Hudson's Bay rose 6 percent to C $984.1 million.
Dec 11- Mining equipment maker Joy Global Inc reported an 87 percent fall in quarterly profit as it took a big charge and coal miners cut spending due to a supply glut and weak prices. Joy Global derives about two-thirds of its revenue from sales to coal miners. Excluding these items, Joy Global earned $1.11 per share.
Costco Wholesale reported a first-quarter profit and sales that fell short of analysts' estimates, hurt by a rise in operating expenses.
NEWS: Smith& Wesson Holding Corp. said Tuesday that its net income fell 20 percent in its fiscal second quarter, even as demand for its handguns rose. Smith& Wesson said sales of its handguns during the quarter rose 27 percent.
NEWS: HD Supply Holdings Inc. said Tuesday that it posted a profit during its fiscal third quarter, thanks to higher demand for its industrial products. NUMBERS: The company reported net income of $51 million, or 26 cents per share, in the quarter ending Nov. 3.
Where the markets are headed, with Kevin O'Leary of O'Leary Funds, and CNBC contributor Carol Roth.
"The benefit of the great American growth story is through equities," Charles Schwab says.
In an exclusive CNBC interview, Charles Schwab, chairman of the eponymous firm, discusses its accountability guarantee, as well as retail investors and bitcoin.
Dec 10- Fourth-quarter capital markets and underwriting revenues this quarter are running slightly below results from a year ago, Citigroup Inc Chief Financial Officer John Gerspach said on Tuesday. Citigroup, the third-biggest U.S. bank by assets, is expected to report fourth-quarter and full-year results in the middle of January.
Dec 10- AutoZone Inc, the largest U.S. auto parts retailer, reported a better-than-expected quarterly profit as it focuses on its fast-growing business that sells to auto repair chains to offset weakness in its main do-it-yourself market.
NEWS: John Wiley& Sons Inc. said Tuesday that its fiscal second-quarter net income declined 16 percent, hindered by some charges. Journal subscription revenue climbed 2 percent to $164 million, while digital book revenue across its three segments surged 40 percent to $31.4 million.
Shares of Broadcom Corp. rose Tuesday after it raised its fourth-quarter revenue guidance due to higher-than-expected sales in each of its business units. That's also up from its previous estimate of $1.98 billion, which Broadcom provided after reporting its third-quarter results in October.
NEWS: Convenience store operator The Pantry Inc. returned to a profit in its fiscal fourth quarter, helped by fewer charges. NUMBERS: The Cary, N.C. company earned $972,000, or 4 cents per share, for the three months ended Sept. 26. That compares with a loss of $4.8 million, or 21 cents per share, a year earlier.
*Earnings $6.29/ share vs est $6.28. Dec 10- AutoZone Inc, the largest U.S. auto parts retailer, reported a better-than-expected quarterly profit as cold weather and delayed repairs drove demand for vehicle parts.