CNBC's Phil LeBeau reports the automaker missed estimates yesterday and the stock took a beating, but it was not all bad news for the electric car maker.
CNBC's Courtney Reagan provides a preview of the retailer's quarterly numbers, and what it indicates about the state of the economy and consumer confidence.
Feb 21- Plane and train maker Bombardier Inc reported a 93 percent drop in fourth-quarter profit after taking a restructuring charge of $119 million. The company's net profit fell to $14 million, from $214 million a year earlier. On an adjusted basis, net income fell to $188 million, or 10 cents per share, from $227 million, or 13 cents per share, a year earlier.
Joep Van Burden, CEO of CSR, tells CNBC that they had a good year and if there is some excess cash will return in to shareholders.
Gareth Penny, executive chairman of New World Resources, tells CNBC that they have seen coal prices reduce by thirty percent over the course of 2012 which has resulted in a loss for the business.
Aiman Ezzat, CFO of Capgemini, tells CNBC they are trying to increase the share of their revenue coming from fast-growth economies and North America.
Craig Dunn, CEO of AMP, tells CNBC how falling interest rates have boosted domestic sentiment in Australia, helping achieve a 2 percent rise in fiscal-year net profit.
DETROIT, Feb 20- Tesla Motors Inc said it expects to realize its first profit in the first quarter of 2013, after posting a net loss of $89.9 million in the fourth quarter. The fourth-quarter loss of $0.79 per share came on revenue of $306 million.
Australia's flagship carrier Qantas Airways said it has received compensation from Boeing for delays in deliveries of the grounded 787 Dreamliner jet.
MEXICO CITY, Feb 20- Mexico's biggest retailer, Wal-Mart de Mexico, reported a weaker-than-expected fourth-quarter profit on Wednesday, hurt by higher costs. The company, controlled by U.S. retailer Wal-Mart Stores Inc, reported a profit of 8.371 billion pesos for the October-December period, compared to 8.323 billion pesos in the same quarter a year earlier.
Feb 20- MGM Resorts International Chairman Jim Murren said he has been approached by potential buyers for the Crystals luxury mall in its $8.5 billion Las Vegas CityCenter joint venture complex. MGM Resorts reported quarterly earnings earlier on Wednesday.
Tesla reported a wider-than-anticipated net loss for the fourth quarter as higher production costs offset better-than-anticipated revenues.
Owens Corning CEO Michael Thaman discusses quarterly earnings, and the state of the housing market. "We believe we will begin to grow in 2013, and we'll probably have a 3-4 year run where we could see 10-15 percent growth," he says.
CNBC's Scott Wapner reports hedge fund manager Bill Ackman's first response to Herbalife's better than expected earnings.
Ton Buchner, CEO of AkzoNobel, tells CNBC why AkzoNobel have responded to a solid 2012 by setting "realistic" targets which reflect a more difficult climate.
Megan McGrath, MKM Partners analyst, breaks down the home builder's first quarter earnings, and explains why she has a "neutral" rating on the stock and a $33 price target.
Arne Sorenson, CEO & President of Marriott International, discusses his company's better than expected fourth quarter, and explains why he expects per-room revenue to rise four to seven percent this year.
*Return on equity seen topping Brazil's average. *Profit beats poll estimates on asset management.
CNBC's Kate Kelly has the update from the company's conference call, on the heels of a healthy fourth quarter earnings beat on both the top and bottom line.
What should investors expect from the nutritional and weight-loss supplement seller? CNBC's Kate Kelly reports.