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Earnings Announcements

  • Why Vail beat Street despite FX headwinds: CEO Thursday, 12 Mar 2015 | 11:27 AM ET
    Rob Katz, Vail Resorts CEO

    Vail Resorts CEO Rob Katz explains why the company beat analysts earnings expectations despite recent currency headwinds.

  • Box CEO says analysts got it wrong   Thursday, 12 Mar 2015 | 11:00 AM ET
    Box CEO says analysts got it wrong

    Box CEO Aaron Levie is calling out analysts for its fourth quarter earnings estimates, reports CNBC's Josh Lipton. Henry Blodget, Business Insider, weighs in.

  • Vail Resorts CEO on earnings   Thursday, 12 Mar 2015 | 10:07 AM ET
    Vail Resorts CEO on earnings

    Rob Katz, Vail Resorts CEO, breaks down his company's quarterly results and discusses how his company was able to navigate the past quarter's currency shifts. Also Katz provides his thoughts on the acquisition of Utah's popular Park City Mountain Resort.

  • March 12- Intel Corp slashed its revenue forecast for the first quarter by nearly $1 billion, citing lower-than-expected demand for business PCs and lower inventory levels across the PC supply chain. Intel said it expects first-quarter revenue of $12.8 billion, plus or minus $300 million. Intel said it cut its forecast as small and medium business owners did...

  • Intel slashes first-quarter revenue forecast Thursday, 12 Mar 2015 | 9:10 AM ET

    March 12- Intel Corp slashed its revenue forecast for the first quarter, citing lower-than-expected demand for business PCs and lower inventory levels across the PC supply chain. Intel said it expects first-quarter revenue of $12.8 billion, plus or minus $300 million. It had earlier forecast $13.7 billion, plus or minus $500 million.

  • Intel cuts revenue outlook   Thursday, 12 Mar 2015 | 9:02 AM ET
    Intel cuts guidance

    The "Squawk on the Street" news team discuss reports Intel is lowering its first quarter revenue outlook.

  • Box shares plunge after earnings report   Thursday, 12 Mar 2015 | 8:39 AM ET
    Box shares plunge after earnings report

    Shares of cloud storage provider Box sank after releasing its first quarter numbers as a public company, reports CNBC's Josh Lipton. Also a look at Alibaba's next investment.

  • Dollar General forecasts profit below estimates Thursday, 12 Mar 2015 | 8:13 AM ET
    A customer walks into a Dollar General store near Montpelier, Vermont.

    Dollar General forecast full-year earnings below analysts' expectations, as the company plans to open more stores.

  • Early movers: SHAK, BOX, DG, HPQ, UTX, LL & more Thursday, 12 Mar 2015 | 8:04 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.

  • PARIS/ LONDON, March 12- European shares rose in early trading on Thursday, helped by forecast-beating results, to extend sharp gains made in the previous session, although Sabadell dropped after making a bid for TSB. As Europe's earnings season draws to an end, Thomson Reuters StarMine data shows that companies have reported a 15.9 percent rise in quarterly...

  • March 12- Dollar General Stores Inc forecast full-year earnings below analysts' expectations, as the company plans to open more stores ahead of a merger of its rivals Family Dollar Stores Inc and Dollar Tree Inc. Dollar General forecast earnings of about $3.85- $3.95 per share for the year ending January 2016, below the average analyst expectation of $3.99.

  • LONDON, March 12- The daunting task facing the new boss of Morrisons was illustrated on Thursday when Britain's fourth biggest supermarket reported its lowest annual profit in eight years and warned investors it would cut its dividend. David Potts, a former executive of market leader Tesco, starts as Morrisons CEO on Monday. "Whilst our broad strategy of saving...

  • Dollar General sales rise 10 pct Thursday, 12 Mar 2015 | 7:11 AM ET

    March 12- Dollar General Stores Inc reported a 9.9 percent rise in quarterly sales, helped by higher sales of tobacco products and food items such as candy and snacks. Net income rose to $355.4 million, or $1.17 per share in the fourth quarter ended Jan. 30, from $322.2 million, or $1.01 per share, a year earlier. Dollar General also authorized a $1 billion share...

  • Shake Shack shares tumble after mixed Q4 results   Thursday, 12 Mar 2015 | 6:52 AM ET
    Shake Shack shares tumble after mixed Q4 results

    John Kell, Fortune Magazine, breaks down Shake Shack's first quarterly numbers after its IPO, and weighs in on the future of fast casual dining.

  • LONDON, March 12- British outsourcing firm Serco kicked off a 555 million pound rights issue on Thursday and said it was unlikely to return to growth for another three years, as it reported a spectacular collapse in profits. Shares in Serco fell 15 percent in early trade to 175 pence. "There is a real sense that, having confessed our sins and in taking the punishment, we...

  • European shares extend rally, helped by earnings Thursday, 12 Mar 2015 | 4:10 AM ET

    PARIS, March 12- European shares rose in early trading on Thursday, shrugging off a dip on Wall Street and extending their sharp gains made in the previous session, helped in part by forecast-beating results from K+ S and Boskalis. At 0808 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,578.81 points, after surging 1.5 percent on...

  • Generali profit falls; 'worst over' in Russia Thursday, 12 Mar 2015 | 5:56 AM ET

    Generali's CEO told CNBC the worst was over for the company in Russia, as it reported a 12.5 percent fall in net profit due to one-off charges.

  • LONDON, March 12- Britain's fourth biggest supermarket Morrisons signalled it would cut its dividend in 2015 after it reported its lowest annual profit in eight years on Thursday, hurt by a fierce industry price war. Last month the Bradford, northern England, based group, named former Tesco executive David Potts as its new CEO, succeeding Dalton Philips, who was...

  • Not surprised at Shake Shack's slump: Expert   Wednesday, 11 Mar 2015 | 7:48 PM ET
    Not surprised at Shake Shack's slump: Expert

    Aaron Allen, CEO of Aaron Allen and Associates, says shares of Shake Shack will likely "start to slide backwards" after disappointing investors with its first public earnings report.

  • Shake Shack reports loss due to $1.1 mln IPO charge Wednesday, 11 Mar 2015 | 4:24 PM ET

    March 11- Hamburger chain Shake Shack Inc reported a quarterly loss, due to an after-tax charge of $1.1 million related to its initial public offering. Shake Shack reported a net loss of $1.4 million, or 5 cents per share, in the fourth quarter ended Dec. 31, compared with a profit of $997,000, or 3 cents per share, a year earlier. Revenue rose 51.5 percent to $34.8 million.