Earnings Announcements

  • UPS: Accelerating growth rate     Friday, 25 Oct 2013 | 10:32 AM ET

    In the wake of UPS posting big quarterly profits, Arthur Hatfield, Raymond James and Donald Broughton, Avondale Partners, give their views on the delivery company's strong performance.

  • *Earnings of $1.28 a share vs. Oct 25- U.S. aviation electronics supplier Rockwell Collins Inc reported a lower-than-expected quarterly profit on Friday, hurt by weaker defense sales, and its shares fell more than 3 percent. Rockwell Collins is counting on commercial demand to fuel growth as the United States pares defense spending.

  • Microsoft's big beat     Friday, 25 Oct 2013 | 10:05 AM ET

    Microsoft earnings beat 3Q estimates. Rick Sherlund, Nomura Securities, says "things have not changed radically in the PC market; they're just a little less bad."

  • Amazon still champ of online retail     Friday, 25 Oct 2013 | 10:02 AM ET

    For Amazon it's all about top-line growth, despite posting a loss for the third consecutive quarter, shares of the e-retailer are trading higher, reports CNBC'S Courtney Reagan.

  • Oct 25- Newell Rubbermaid Inc topped Wall Street's profit estimates for the third quarter on tight cost controls and strength in Latin America, and offered more cash to shareholders through a $350 million accelerated share repurchase plan, sending its shares up 2 percent at the open of trading on Friday.

  • Oct 25- United Parcel Service Inc said increased demand in domestic ground shipments lifted profits in the third quarter and expects online sales to boost shipping volumes as it heads into the holiday quarter.

  • Oct 25- Procter& Gamble Co is chugging along with its turnaround, posting a quarterly profit that met Wall Street's expectations and holding to its annual forecasts as the world's largest household products maker gets a lift from cost cuts and a lower tax rate. Shares of P&G slipped 0.5 percent to $80.20 in premarket trading on Friday.

  • National Oilwell shares rose nearly 4 percent to $82.00 in premarket trading on Friday on the New York Stock Exchange. Earlier this month Schlumberger Ltd, the world's largest oilfield services company, said offshore drilling in North America increased.

  • MEXICO CITY, Oct 25- Mexican copper miner and railroad operator Grupo Mexico said on Friday in a filing with the Mexican stock exchange that third-quarter profit rose 40 percent to $434.5 million dollars from $311 million in the same period last year.

  • UPDATE 1-Eaton trims full-year profit forecast again Friday, 25 Oct 2013 | 8:32 AM ET

    Oct 25- Diversified manufacturer Eaton Corp cut the top end of its full-year profit forecast for the second time and reported lower-than-expected quarterly revenue, citing weakness in the heavy-duty truck and hydraulic systems markets.

  • Novozymes CEO: Our board holds few company shares Friday, 25 Oct 2013 | 8:22 AM ET

    The head of Danish biotech firm Novozymes admitted his executives held few shares in the company on Friday.

  • *Q3 core profit of 1.08 bln SEK misses forecast. STOCKHOLM, Oct 25- Swedish home appliances company Electrolux announced 2,000 job losses and launched a new round of cost cuts to counter tough market conditions in Europe after posting a bigger than expected fall in third-quarter earnings on Friday.

  • NEW YORK, Oct 25- Simon Property Group Inc reported a better-than-expected third-quarter profit on Friday, raised its forecast for the year and said it was boosting its dividend.

  • Still in love with Amazon?     Friday, 25 Oct 2013 | 8:16 AM ET

    Mark Mahaney, RBC Capital Markets analyst, has the play on the tech giant's outlook, as the company grows despite being unprofitable.

  • Shipment volume and forecasts at UPS, along with rival FedEx Corp, are closely watched by Wall Street and considered an indication of overall economic health because of the vast amount of goods they transport.

  • *Profit $1.28 a share vs Street view $1.31. Oct 25- Aviation electronics supplier Rockwell Collins Inc reported a lower-than-expected quarterly profit on Friday, hurt by weaker defense sales as the United States curbs military spending.

  • Early movers: PG, UPS, MCO, MSFT & more Friday, 25 Oct 2013 | 8:02 AM ET

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

  • UPS posts bigger quarterly profit Friday, 25 Oct 2013 | 7:57 AM ET

    Oct 25- United Parcel Service Inc posted a bigger quarterly profit On Friday, led by demand in domestic ground shipments. For the third quarter, the Atlanta- based company earned $1.10 billion, or $1.16 a share, compared with $469 million or 48 cents a share a year earlier.

  • *Amazon, Microsoft, Zynga rally after results. NEW YORK, Oct 25- U.S. stock index futures edged up on Friday, holding near record highs, supported by results from companies such as Amazon and Microsoft.

  • Oct 25- Asset manager Legg Mason Inc on Friday said its quarterly profit rose 7 percent compared with a year ago but reported an outflow of investor cash from its equity funds.

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