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Earnings Announcements

  • SINGAPORE, Aug 1- DBS Group Holdings, Singapore's biggest bank, on Friday said second-quarter net profit climbed 9 percent, beating expectations with the help of 10 percent growth in loans. The result meant Southeast Asia's biggest lender, which earns most of its profit from Singapore and Hong Kong, achieved a record first-half net profit of S $2.2 billion.

  • SINGAPORE, Aug 1- DBS Group Holdings, Singapore's biggest bank, on Friday posted a 9 percent rise in second-quarter net profit, beating expectations with the help of 10 percent growth in loans.

  • GoPro 2Q results beat Wall Street views Thursday, 31 Jul 2014 | 7:04 PM ET

    SAN MATEO, Calif.— Action video camera maker GoPro Inc. on Thursday reported its second-quarter net loss nearly quadrupled from a year ago as it nearly doubled operating expenses despite revenue increasing 38 percent.

  • Ball 2Q profit climbs 61 percent Thursday, 31 Jul 2014 | 6:28 PM ET

    BROOMFIELD, Colo.— Ball Corp. on Thursday reported net income that climbed by 61 percent in its second quarter, and topped analysts' expectations. The Broomfield, Colorado- based company said net income increased to $153.1 million, or $1.07 per share, from $95.1 million, or 63 cents per share, in the same quarter a year ago.

  • July 31- Online travel agency Expedia Inc reported better-than-expected quarterly results, driven by higher hotel and flight bookings.

  • *Sees Q3 adjusted earnings $0.15- $0.35/ shr vs est $0.28. July 31- SunPower Corp, the second-largest solar panel maker in the United States, reported a 30 percent fall in quarterly profit as it installed fewer solar plants, sending its shares down 4 percent in extended trading.

  • Mohawk Industries 2Q profit climbs 81 percent Thursday, 31 Jul 2014 | 5:58 PM ET

    CALHOUN, Ga.— Mohawk Industries Inc. on Thursday reported earnings that nearly doubled in its second quarter, and topped analysts' expectations. The Calhoun, Georgia- based company said profit increased to $152.8 million, or $2.08 per share, from $84.6 million, or $1.16 per share, in the same quarter a year ago.

  • *Expects Q3 revenue of $25 mln- $28 mln vs $41.3 mln. Expects adj loss $0.37- $0.43/ shr vs est loss of $0.05. July 31- Audio chip maker Audience Inc forecast current-quarter results largely below analysts' estimates after its biggest customer, Samsung Electronics Co Ltd, warned of increasing competition and weak earnings.

  • Western Union 2Q profit drops 2 percent Thursday, 31 Jul 2014 | 5:48 PM ET

    ENGLEWOOD, Colo.— Western Union Co. on Thursday reported net income that declined by 2 percent in its second quarter. The Englewood, Colorado- based money transfer company said profit fell to $193.8 million, or 36 cents per share, from $198.6 million, or 36 cents per share, in the same quarter a year earlier.

  • UPDATE 1-Western Union profit falls as costs rise Thursday, 31 Jul 2014 | 5:30 PM ET

    July 31- Western Union Co, the world's largest money-transfer company, reported a 2 percent fall in quarterly profit as compliance costs rose. Western Union, which gets most of its business from migrant workers sending money home, has lost ground in Mexico, a key market, after it was forced to close about 7,000 outlets over the last two years due to compliance issues.

  • Live Nation 2Q profit drops 61 percent Thursday, 31 Jul 2014 | 5:16 PM ET

    BEVERLY HILLS, Calif.— Live Nation Entertainment Inc. on Thursday reported earnings that declined by 61 percent in its second quarter, and missed analysts' expectations. The Beverly Hills, California- based company said profit declined to $22.9 million, or 11 cents per share, from $58.1 million, or 30 cents per share, in the same quarter a year earlier.

  • July 31- Outerwall Inc's quarterly profit fell by more than half as fewer movie DVD releases led to lower revenue for its Redbox video rental kiosk business.

  • Tesla posts 2Q loss, prepares Nevada factory site Thursday, 31 Jul 2014 | 5:09 PM ET

    PALO ALTO, Calif.— Electric car maker Tesla Motors widened its loss in the second quarter as it prepared for the launch of a new SUV and started work on a massive new battery plant. But the company is still considering sites in California, New Mexico, Arizona and Texas, and won't make a final decision for several months.

  • DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it lost $61.9 million, or 50 cents a share, in the second quarter, as revenue nearly doubled to $769.3 million. In the year-ago quarter, Tesla lost $30.5 million, or 26 cents a share, on revenue of $405.1 million.

  • Expedia 2Q profit climbs 25 percent Thursday, 31 Jul 2014 | 4:57 PM ET

    BELLEVUE, Wash.— Expedia Inc. on Thursday reported profit that rose by 25 percent in its second quarter, and topped analysts' expectations. The Bellevue, Washington- based company said net income increased to $89.4 million, or 67 cents per share, from $71.5 million, or 51 cents per share, in the same quarter a year earlier.

  • Marathon Petroleum 2Q profit rises 44 percent Thursday, 31 Jul 2014 | 4:57 PM ET

    FINDLAY, Ohio— Marathon Petroleum Corp. on Thursday reported earnings that rose by 44 percent in its second quarter, and topped analysts' expectations. The Findlay, Ohio- based oil refiner said net income rose to $855 million, or $2.95 per share, from $593 million, or $1.83 per share, in the same quarter a year earlier.

  • LinkedIn stock jumps after 2Q results Thursday, 31 Jul 2014 | 4:48 PM ET

    NEW YORK— Shares of LinkedIn Corp. jumped Thursday after the professional networking service reported a second-quarter loss but still topped analysts' expectations. LinkedIn posted a loss of $1 million, or 1 cent per share, compared with a profit of $3.7 million, or 3 cents per share, in the same quarter a year earlier.

  • July 31- Online travel agency Expedia Inc reported a 36 percent rise in quarterly profit, driven by higher bookings for hotel rooms and airline tickets. The company's net profit rose to $85.9 million, or 67 cents per share, for the second-quarter ended June 30 from $63 million, or 51 cents per share, a year earlier. Excluding items, Expedia earned $1.03 per share.

  • DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it lost $61.9 million, or 50 cents a share, in the second quarter, as revenue nearly doubled to $769.3 million. On a non-GAAP basis, Tesla said it earned 11 cents a share, topping analysts' expectations of 4 cents.

  • Sony and Yum Brands are big market movers Thursday, 31 Jul 2014 | 4:30 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. 3 D Systems Corp., down $5.94 to $50.13. The three-dimensional printing company reported a drop in quarterly profit and the results fell short of Wall Street expectations.