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Earnings Announcements

  • Aetna says first-quarter profit rose 36 percent Thursday, 24 Apr 2014 | 6:17 AM ET

    April 24- Aetna Inc., the third-largest U.S. health insurer, said on Thursday that first-quarter profit rose as it added new members, and it raised its outlook for the year. Aetna reported net income of $665.5 million, or $1.82 per share, up from $490.1 million, or $1.48 per share, a year earlier. Excluding special items, the company reported earnings of $1.98 per share.

  • Time Warner Cable profit rises 19.5 pct Thursday, 24 Apr 2014 | 6:17 AM ET

    April 24- Time Warner Cable Inc, the second-largest U.S. cable operator, posted a 19.5 percent rise in quarterly profit as its residential subscriber trends improved through the quarter. Net income attributable to common shareholders rose to $479 million, or $1.70 per share, in the first quarter ended March 31, from $401 million, or $1.34 per share, a year earlier.

  • Facebook: Time to invest?     Thursday, 24 Apr 2014 | 5:45 AM ET

    Victor Anthony, managing director at Topeka Capital Markets, says Facebook is performing "exceptionally well" with engagement at an all-time high and revenue growing for the third quarter in a row.

  • Stay away from Apple?     Thursday, 24 Apr 2014 | 5:00 AM ET

    Pedro Noronha, managing partner at Noster Capital, explains that he remains "not terribly excited" about Apple in spite of the positive quarterly numbers.

  • *Canon expects 16.9 bln yen boost to operating profit from weaker yen in 2014. TOKYO, April 24- Canon Inc inched up its 2014 operating profit target on Thursday due to strong sales of office copiers and printers in the first quarter, and said a reshuffle of its camera line-up had also helped boost margins.

  • BEIJING, April 24- Hong Kong shares posted modest gains on Thursday, helped by a strong rebound in some telecoms shares after the previous session's sell-off, and by company results. The Hang Seng Index closed up 0.2 percent at 22,562.80 points.

  • Novozymes: Shale gas is no threat to our business Thursday, 24 Apr 2014 | 3:35 AM ET

    Fracking presents no risk to Novozymes’ bioenergy business, the firm’s CFO told CNBC on Thursday, after it beat first-quarter profit expectations.

  • Bernard Charlès, CEO of Dassault Systèmes, says France needs increased job flexibility and tax cuts to improve the business environment.

  • SEOUL, April 24- South Korean steelmaker POSCO on Thursday cut forecast for sales and investment for this year after its first quarter profit missed estimates as China's slowing economy curbed demand for steel. POSCO cut its sales forecast for this year by around 2 percent to 30.3 trillion won from the previous 31 trillion won, it said in an earnings statement.

  • LONDON, April 24- AstraZeneca highlighted progress with new cancer drugs that may revive its fortunes as it posted a 17 percent fall in core earnings per share on Thursday, reflecting patent losses on profitable older medicines.

  • POSCO Q1 profit falls 11 pct as steel demand stagnates Thursday, 24 Apr 2014 | 2:43 AM ET

    SEOUL, April 24- South Korean steelmaker POSCO reported an 11 percent drop in quarterly operating profit on Thursday, missing estimates, as China's slowing economy curbed demand for steel.

  • TOKYO, April 24- Canon Inc raised its full-year operating profit target by a slight 1.4 percent after strong sales of office copiers and printers in the first quarter.

  • Bernard Charlès, CEO of Dassault Systèmes, says it is the "right time" for the Accelrys acquisition as the industry continues to need innovation.

  • We are growing across industries: Novozymes CFO     Thursday, 24 Apr 2014 | 2:15 AM ET

    Benny Loft, CFO of Novozymes, says the company had a strong first quarter and is growing across all industries.

  • Bracken Darrell, president and CEO of Logitech, says if Apple releases a keyboard cover for the iPad the market would "explode" which would help the company. Logitech currently makes tablet keyboard covers.

  • France must overhaul tax and labor: Dassault CEO Thursday, 24 Apr 2014 | 1:38 AM ET

    Government needs to increase labor flexibility and overhaul its tax system if it is to remain competitive, chief tells CNBC.

  • Jerry Braakman, chief investment officer at First American Trust, says Apple and Facebook reported "great" results and owning technology stocks is still attractive.

  • Facebook: Overvalued despite earnings?     Thursday, 24 Apr 2014 | 1:00 AM ET

    CNBC's Steve Sedgwick unpacks Facebook's earnings and asks whether the revenues justify the stocks valuations.

  • Apple: Is the product pipeline a worry?     Thursday, 24 Apr 2014 | 1:00 AM ET

    CNBC's Geoff Cutmore runs through Apple's earnings and discusses some of the risks the company faces.

  • This is why you should be buying Apple shares     Wednesday, 23 Apr 2014 | 10:16 PM ET

    David Garrity, Principal at GVA Research, says Apple's decision to raise its dividend and step up its stock buyback program signaled confidence in the tech giant's outlook.