Aug 20- Target Corp cut its full-year earnings forecast as it offers more discounts to attract cash-strapped customers and win over shoppers unnerved by a massive holiday-season data breach. Target's shares rose 1 percent to $59.81 in noon trading.» Read More
A potential warning to stock investors of weaker-than-expected 4Q-2013 earnings is shaping up to be the most negative on record. USA Today reports.
Sumitomo Mitsui Financial Group said its first-half net profit increased 53% on the year to 5 billion dollars. Sachiko Kishida reports.
Andy Brown, analyst at Panmure Gordon, explains why he keeps his buy stance on Balfour Beatty, despite the company issuing a second profit warning in six months.
CNBC's Adam Bakhtiar looks at shares of Fast Retailing in the daily 'Stock in 60' segment, which swung heavily after releasing Q2 operating profits that missed expectations.
Stacey Widlitz, president of S.W. Retail Advisors and CNBC Contributor, reminds CNBC ahead the release of earnings that Tiffany's has warned of lower profits over the last four quarters and is currently going through a huge deceleration due to a tough competitive market and mismanagement of guidance.
POSCO, the world's No.5 steelmaker by output, reported a 51 percent slump in quarterly operating profit as tepid demand and falling prices offset lower raw material costs helped by a firmer local currency.
Keith McGregor, head of restructuring at Ernst and Young, tells CNBC that the retail sector is omitted from the survey because they successfully reset market expectations to expect lower earnings.
Chris Tinker, equity strategist and founder of Libra Investment Services, tells CNBC that bank profits have rallied but probably have reached their peak for the short-term future.
Chinas corporate reporting season for the third quarter kicks off on Monday amid profit warnings and earnings downgrades, but analysts think the worst may be over for Chinese firms, with the last quarter of the year expected to bring back some cheer.
Frank Sennett, "Groupon's Biggest Deal Ever" author, provides perspective on what the daily deals company has to do to increase its profitability.
Tony Tyler, Director General & CEO, IATA, predicts a $3 billion profit this year for the global airline industry, which he says is still relatively low. The worsening euro zone crisis will result in a further fall in profits for the industry.
Is the great bond bull trade over? Doug Kass, Seabreeze Partners, discusses his outlook on corporate profit margins and why he believes S&P 500 earnings are likely to fall short relative to consensus forecasts. Also, the winners and losers in a rising rate environment.
In coming years, energy from waste-heat recovery systems could be the greenest power available, while letting more U.S. businesses squeeze extra energy out of their power bills.
Dogfish Head Craft Brewery not only brews beer, it runs its own in-house bottling operation. But disaster struck during one of its bottling runs.
Companies big and small are embracing the model to gain leverage over suppliers of all kinds of services, goods and materials.
The ability to monitor consumer tastes gives retailers access to a trove of information that may help them plan product lines and inventory.
For American bicycle makers, the move to carbon fiber materials was a case of re-inventing the frame —not the wheel.
A two-tier economy is emerging in the UK, with small-cap companies being left behind, Keith McGregor, EMEA head of restructuring at Ernst & Young, told CNBC Monday.
Information technology is, of course, an integral part of running a business. Too often, however, it’s not an integral part of a company’s strategic goals.
"Three-quarters of the warnings for this quarter [in the UK] are on small cap companies. There is an emerging tail of a two-tier economy," Keith McGregor, head of restructuring EMEA at Ernst & Young, told CNBC.