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Earnings Announcements

  • Week ahead: Dealers look for big car sales   Friday, 22 May 2015 | 4:02 PM ET
    Week ahead: Dealers look for big car sales

    CNBC's Mandy Drury looks ahead to what are likely to be next week's top business and financial stories. The Memorial Day weekend is a big weekend for car sales. The Code conference begins. And luxury earnings are on tap.

  • NEW YORK— The stock market capped a quiet week of trading on a down note. Just 2.5 billion shares changed hands on the New York Stock Exchange, three-quarters of the normal level. Among stocks making big gains, Deere& Co. rose $3.89, or 4.3 percent, to $93.35 after the equipment maker beat analysts' estimates for its latest quarterly earnings.

  • ATLANTIC CITY, N.J.— As four Atlantic City casinos shut down last year, those that remained voiced optimism that their own performance would improve. Figures released Friday by the state Division of Gaming Enforcement show the surviving eight casinos saw their gross operating profits rise by 26 percent in the first quarter of this year. "Gaming revenue is up,...

  • *Q3 adjusted profit $0.62/ share vs estimate of $0.52. May 22- Packaged foods maker Campbell Soup Co on Friday reported an unexpectedly better quarterly profit, helped by lower spending on promotions, higher prices for its products and cost cuts. Shares of the company, known for its soups, Pepperidge Farm cookies and Goldfish crackers, rose about 1.5 percent.

  • CHICAGO, May 22- Deere& Co on Friday reported a higher-than-expected quarterly profit and raised its full-year outlook after cost cuts helped compensate for weakening demand for its farm equipment. "We are pleased to see Deere management proactively attacking costs... amid the agriculture downturn," Edward Jones equity analyst Matt Arnold wrote in a note for...

  • Cramer talks Gap earnings   Friday, 22 May 2015 | 9:22 AM ET
    Cramer talks Gap earnings

    CNBC's Jim Cramer discusses Gap's most recent earnings report and why he is demoralized by the company's weak guidance.

  • HP split the 'right thing to do': Meg Whitman   Friday, 22 May 2015 | 9:03 AM ET
    HP split the 'right thing to do': Meg Whitman

    Meg Whitman, Hewlett-Packard CEO, explains why she is convinced, now more than ever, separating HP is great for consumers, employees and shareholders.

  • Two HPs better than one: Meg Whitman   Friday, 22 May 2015 | 9:03 AM ET
    Two HP's better than one: Meg Whitman

    CNBC's David Faber talks to Meg Whitman, Hewlett-Packard CEO, about the benefits of splitting HP, the companies' growth potential, currency headwinds, softness in the HP market, the outlook on 3-D printing, doing business in China, dealing with security issues, and recent top-tier personnel changes.

  • May 22- Packaged foods maker Campbell Soup Co reported a better-than-expected quarterly profit, helped by lower promotions, higher selling prices and cost cuts. Shares of the company, known for its soups, Pepperidge Farm cookies and Goldfish crackers, rose 1.5 percent in premarket trading on Friday. The company said margins grew in its global baking and...

  • Tsakos tops Street 1Q forecasts Friday, 22 May 2015 | 8:31 AM ET

    ATHENS, Greece _ Tsakos Energy Navigation Ltd. on Friday reported first-quarter profit of $37.3 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share. Seven analysts surveyed by Zacks expected $111.6 million.

  • May 22- Packaged foods maker Campbell Soup Co reported lower-than-expected quarterly sales and profit, hurt by a strong dollar and "movements in retailer inventory levels" in its U.S. soups business. Retailer Target Corp informed packaged food makers, including Campbell, that it would spend less on promoting some of their products and instead promote fresher...

  • Mentor Graphics reports 1Q loss Friday, 22 May 2015 | 8:03 AM ET

    WILSONVILLE, Ore. _ Mentor Graphics Corp. on Friday reported a loss of $9.9 million in its fiscal first quarter. Three analysts surveyed by Zacks expected $261.7 million. For the current quarter ending in July, Mentor Graphics expects its per-share earnings to be 14 cents.

  • Ann Inc. tops 1Q profit forecasts Friday, 22 May 2015 | 8:01 AM ET

    NEW YORK _ Ann Inc. on Friday reported fiscal first-quarter profit of $13.6 million. For the current quarter ending in July, Ann Inc. said it expects revenue in the range of $660 million. Ann Inc. shares have increased 29 percent since the beginning of the year.

  • Early movers: DE, CPB, HPQ, GPS, ROST & more Friday, 22 May 2015 | 7:49 AM ET
    A trader works on the floor of the New York Stock Exchange.

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

  • CHICAGO, May 22- A weak global agriculture sector weighed heavily on quarterly results posted by Deere& Co on Friday, but earnings still topped expectations, and the farm equipment maker raised its full-year profit forecast despite a worsening sales outlook. Sales for agricultural equipment in the United States and Canada should fall about 25 percent this...

  • Campbell Soup says 3Q profit and soup sales declined Friday, 22 May 2015 | 7:42 AM ET

    CAMDEN, N.J.— Campbell Soup said Friday that its net income and revenue fell in the fiscal third quarter, with U.S. soup sales declining. Campbell Soup Co. said its net income slipped 1 percent to $182 million, or 58 cents per share. Campbell Soup maintained its full-year profit forecast of $2.32 to $2.38 per share and said it thinks it will finish toward the high end of...

  • Campbell Soup's quarterly sales fall 3.6 pct Friday, 22 May 2015 | 7:26 AM ET

    May 22- Campbell Soup Co, the maker of Pepperidge Farm cookies and Goldfish crackers, reported a 3.6 percent fall in quarterly sales, hurt by a strong dollar and "retailer inventory movements" in its U.S. soup business. The net income attributable to the company fell slightly to $182 million in the third quarter ended May 3 from $184 million, a year earlier.

  • MOLINE, Ill.— Solid sales in its construction equipment offset a global agricultural slowdown for Deere, and the company raised its outlook for the year. In April, builders broke ground on homes at the fastest pace in more than seven years, according to the Commerce Department. Deere said sales of farming equipment fell 25 percent from a year ago to $5.77 billion in...

  • CHICAGO, May 22- Farm equipment maker Deere& Co posted a sharply lower quarterly net profit on Friday as a weak global agriculture sector hurt sales, but still came in handily above market expectations. The Moline, Illinois- based company reported a profit of $690.5 million, or $2.03 per share, for its second quarter ended April 30, down nearly 30 percent from $980.7...

  • Foot Locker tops 1Q profit forecasts Friday, 22 May 2015 | 7:09 AM ET

    NEW YORK _ Foot Locker Inc. on Friday reported fiscal first-quarter earnings of $184 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share. Foot Locker shares have risen 14 percent since the beginning of the year.