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Earnings Announcements

  • Allianz CFO plays down hefty Pimco outflows Wednesday, 14 May 2014 | 2:41 AM ET

    German insurance giant Allianz reported first quarter results on Wednesday that were hit by hefty outflows from Pimco.

  • CAIRO, May 14- International telecoms firm Global Telecom Holding, the Egypt- based group formerly called Orascom Telecom, reported on Wednesday a net profit of $43 million for the first quarter of 2014.. Global Telecom's Executive President Ahmed Abou Doma will resign on June 30, 2014, the company added.

  • TOKYO, May 14- Japanese banks' profits are likely to fall this business year from last when stock-related gains sent earnings soaring, but the overseas reach of Mitsubishi UFJ Financial Group Inc will ensure the biggest lender by assets loses out the least.

  • 'Not concerned' about Pimco outflows: Allianz CFO     Wednesday, 14 May 2014 | 2:05 AM ET

    Dieter Wemmer, CFO at Allianz, says he is not concerned about the outflows from Pimco and commends Bill Gross on his "professionalism".

  • Things are looking good for Airbus: CAPA     Tuesday, 13 May 2014 | 11:25 PM ET

    Peter Harbison, Executive Chairman of the CAPA Centre for Aviation, says Airbus is finally starting to reap the benefits of its cost cutting measures.

  • Why this analyst remains bullish on Sony     Tuesday, 13 May 2014 | 11:36 PM ET

    David Rubenstein, Managing Director & Senior Analyst at Advanced Research Japan, is confident that the company's new chief financial officer will push through long-awaited reforms.

  • *Nikon hits lowest since March 2011 on profit decline f'cast. *Sony, megabanks' earnings eyed on Wednesday. TOKYO, May 14- Japan's Nikkei average edged down on Wednesday, slipping from a 1-1/ 2- week high on profit-taking after big gains the previous day, while Kadokawa Corp and Dwango Co soared on a media report that the two firms plan to merge.

  • Take-Two revenue drops but beats Street Tuesday, 13 May 2014 | 4:35 PM ET

    Video game publisher Take-Two Interactive reported a 23 percent drop in revenue in its fiscal fourth quarter but beat Wall Street expectations.

  • May 13- Fashion accessory maker and retailer Fossil Group Inc reported an 8 percent fall in quarterly profit, as operating costs shot up. Operating expense rose to $338.5 million in the first quarter ended April 5 from $284.2 million a year earlier. Net income fell to $66.3 million, or $1.22 per share, from $72.2 million, or $1.21 per share, a year ago.

  • May 13- Encana Corp on Tuesday reported a higher-than-expected quarterly profit, much of which coming from a field it may put up for sale as it looks to cut its dependence on natural gas production.

  • CNBC's David Faber speaks to IBM chairman and CEO Ginni Rometty, about the company's commercialization and big investment in "Watson." Rometty explains how Watson will contribute to helping cure cancer.

  • European shares hit multi-year high, industrials up Tuesday, 13 May 2014 | 10:16 AM ET

    *Airbus, ThyssenKrupp help industrial shares. Airbus Group surged 6.3 percent in a relief rally after it reported better-than-expected profits and said its latest jetliner was "progressing towards certification" in time for first delivery by the end of the year.

  • Where IBM's Rometty will invest     Tuesday, 13 May 2014 | 10:15 AM ET

    IBM chairman and CEO Ginni Rometty, discusses the company's plans for capex and why they have not invested more in R&D and made more big acquisitions.

  • IBM CEO: Will reinvent through innovation     Tuesday, 13 May 2014 | 10:08 AM ET

    CNBC's David Faber speaks to IBM chairman and CEO Ginni Rometty, about Big Blue's plans to reinvent itself and turnaround software sales.

  • IBM CEO addresses investor concerns     Tuesday, 13 May 2014 | 10:03 AM ET

    IBM chairman and CEO Ginni Rometty, addresses investor concerns about the company's lack of growth and plans to increase revenue.

  • IBM's Rometty: Leading 'reordering' of industry     Tuesday, 13 May 2014 | 10:02 AM ET

    CNBC's David Faber speaks to IBM chairman and CEO Ginni Rometty, about the transformation of IBM and the company's investment in big-data and cloud computing.

  • The most powerful thing we have going on today is our plant-based food business, says Gregg Engles, WhiteWave CEO, discussing where he sees the best growth opportunities for products and a planned venture in China.

  • *Q1 EBITDA 937 mln DKK vs 814 mln average forecast. COPENHAGEN, May 13- Danish jeweller Pandora raised its annual revenue forecast after quarterly results beat analysts' estimates, providing further evidence its turnaround plan is working and sending its shares to an all-time high.

  • Early movers: GMCR, KO, T, DTV, BP, CS, PFE & more Tuesday, 13 May 2014 | 7:55 AM ET

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

  • Europe shares rise on upbeat earnings, Bundesbank talk Tuesday, 13 May 2014 | 7:15 AM ET

    PARIS, May 13- European stocks rose on Tuesday, with a number of benchmarks hitting multi-year highs, boosted by upbeat company results and a report saying Germany's central bank is ready to back new stimulus measures from the European Central Bank.