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Earnings Announcements

  • Lowe's profit tops estimates; trims sales guidance Wednesday, 20 Aug 2014 | 6:05 AM ET

    Lowe's delivered second-quarter earnings that topped Wall Street's expectations, but the retailer trimmed its outlook for full-year sales growth.

  • LONDON, Aug 20- Commodities group Glencore became the first of the large miners to honour promises to return cash to shareholders, announcing a share buyback programme of up to $1 billion as it reported forecast-beating first-half profit.

  • Drop in Russian beer sales hurts Carlsberg Wednesday, 20 Aug 2014 | 3:30 AM ET

    COPENHAGEN, Denmark— Beer sales in Russia, Ukraine and other Eastern European countries are down and expected to keep falling as political tensions weigh on the region's economy, brewer Carlsberg said Wednesday.

  • Heineken reports sales, profit drop in first half Wednesday, 20 Aug 2014 | 3:16 AM ET

    AMSTERDAM— Heineken NV, the Amsterdam- based brewer, has reported first half earnings showing a small drop in both revenues and profits— but says its underlying performance was good. Net profit was 631 million euros, from 639 million euros in the same period a year ago.

  • Seeing mixed signs in Europe: Wienerberger CEO     Wednesday, 20 Aug 2014 | 2:30 AM ET

    Heimo Scheuch, CEO of Wienerberger, says the company is seeing "different signs" of strength across Europe with some countries' property markets doing better than others.

  • BHP demerger was a wrong move: Expert     Tuesday, 19 Aug 2014 | 11:31 PM ET

    Gavin Wendt, Founding Director & Senior Resource Analyst at Mine Life, says the assets that were involved in the spinoff will transform from ugly ducklings to outperformers over the next 5 to 6 years.

  • SHANGHAI, Aug 20- China's stock indexes fell slightly by midday on Wednesday, on worries that upcoming initial public offerings will tax market liquidity even as investors look to take profits from a rise in large-cap shares.

  • HONG KONG, Aug 20- Geely Automobile Holdings Ltd on Wednesday posted a 20 percent fall in first half net profit, hit by slowing sales at home as local brands fall out of favor and a drop in exports to major markets in eastern Europe and the Middle East.

  • Brambles: Confident of 7-10% profit growth in 2015     Wednesday, 20 Aug 2014 | 12:05 AM ET

    Tom Gorman, CEO of Brambles, outlines the key factor that will determine whether the firm achieves the lower or higher end of its guidance for the next financial year.

  • Alison Watkins, CEO of Coca-Cola Amatil, explains why profits this year will be "materially below" those of 2013. She later discusses her outlook for the Australian consumer market.

  • Andy Yeung, CFO at Cheetah Mobile, says the firm posted growth in quarterly profits and launched new products, like the "CM Browser" which has given its mobile user base a boost.

  • Barry Stowe, Asia CEO of Prudential, discusses CEO Tidjane Thiam's recent comments on the firm's failure to bid for rival AIA in 2010. He later outlines the firm's positive outlook for Asia.

  • David Skov, Head of South China at Maersk Line, says improvements in its fleet efficiency offset the dip in freight rates to help the shipping firm triple its quarterly profits.

  • What's behind Ping An's strong H1 earnings     Tuesday, 19 Aug 2014 | 8:11 PM ET

    Lee Yuan Siong, Senior Vice President & Chief Insurance Business Officer at Ping An Insurance, says strong performances in all 3 of its businesses boosted the firm's first-half profits.

  • Investors want to know: What's Amazon's plan? Tuesday, 19 Aug 2014 | 1:12 PM ET
    Amazon.com founder and CEO Jeff Bezos speaks at a news conference on June 18, 2014, in Seattle, Washington

    Amazon has a sky-high valuation and it looks like a venture-capital firm. So, what's the plan, Jeff Bezos?

  • AP Top Extended Financial Headlines At 11:31 a.m. EDT Tuesday, 19 Aug 2014 | 11:31 AM ET

    Stocks rise as US home construction rebounds and inflation remains subdued; Aeropostale jumps US home construction jumps 15.7 percent in July to 1.09 million rate, fastest pace in 8 months BHP posts $13.8 billion profit, says it will split off some assets into separate company Home Depot 2nd- quarter profit rises 14 percent, tops estimate Consumer prices up 0.1 percent in July, smallest advance in 5 months, as gas prices fall McDonald's to sell packaged coffee nationally in push to highlight coffee in US restaurants Moller-Maersk, a global trade bellwether, lifts earnings outlook after Q2 results surge Recaro recalls more than 39,000 child seats because child's head can move too much in crash DART links to Dallas-Fort Worth International Airport, light rail station at Terminal A Thousands of small intense earthquakes rock Iceland raising concerns of volcanic eruption

  • AP Top Extended Financial Headlines At 11 a.m. EDT Tuesday, 19 Aug 2014 | 11:01 AM ET

    Stocks rise as US home construction rebounds and inflation remains subdued; Aeropostale jumps US home construction jumps 15.7 percent in July to 1.09 million rate, fastest pace in 8 months BHP posts $13.8 billion profit, says it will split off some assets into separate company Home Depot 2nd- quarter profit rises 14 percent, tops estimate Consumer prices up 0.1 percent in July, smallest advance in 5 months, as gas prices fall McDonald's to sell packaged coffee nationally in push to highlight coffee in US restaurants Moller-Maersk, a global trade bellwether, lifts earnings outlook after Q2 results surge Recaro recalls more than 39,000 child seats because child's head can move too much in crash DART links to Dallas-Fort Worth International Airport, light rail station at Terminal A Thousands of small intense earthquakes rock Iceland raising concerns of volcanic eruption

  • Medtronic 1Q profit drops almost 9 percent Tuesday, 19 Aug 2014 | 10:46 AM ET

    MINNEAPOLIS— Medtronic Inc. on Tuesday reported net income that declined by nearly 9 percent in its fiscal first quarter, and beat analysts' expectations. The Minneapolis- based company said earnings decreased to $871 million, or 87 cents per share, from $953 million, or 93 cents per share, in the same quarter a year ago.

  • AP Top Extended Financial Headlines At 10:32 a.m. EDT Tuesday, 19 Aug 2014 | 10:32 AM ET

    Stocks rise as US home construction rebounds and inflation remains subdued; Aeropostale jumps US home construction jumps 15.7 percent in July to 1.09 million rate, fastest pace in 8 months BHP posts $13.8 billion profit, says it will split off some assets into separate company Home Depot 2nd- quarter profit rises 14 percent, tops estimate Consumer prices up 0.1 percent in July, smallest advance in 5 months, as gas prices fall McDonald's to sell packaged coffee nationally in push to highlight coffee in US restaurants Moller-Maersk, a global trade bellwether, lifts earnings outlook after Q2 results surge Recaro recalls more than 39,000 child seats because child's head can move too much in crash DART links to Dallas-Fort Worth International Airport, light rail station at Terminal A Thousands of small intense earthquakes rock Iceland raising concerns of volcanic eruption

  • AP Top Extended Financial Headlines At 10:26 a.m. EDT Tuesday, 19 Aug 2014 | 10:26 AM ET

    Stocks rise as US home construction rebounds and inflation remains subdued; Aeropostale jumps US home construction jumps 15.7 percent in July to 1.09 million rate, fastest pace in 8 months BHP posts $13.8 billion profit, says it will split off some assets into separate company Home Depot 2nd- quarter profit rises 14 percent, tops estimate Consumer prices up 0.1 percent in July, smallest advance in 5 months, as gas prices fall McDonald's to sell packaged coffee nationally to in push to highlight coffee in restaurants Moller-Maersk, a global trade bellwether, lifts earnings outlook after Q2 results surge Recaro recalls more than 39,000 child seats because child's head can move too much in crash DART links to Dallas-Fort Worth International Airport, light rail station at Terminal A Thousands of small intense earthquakes rock Iceland raising concerns of volcanic eruption