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EL SEGUNDO, Calif.— Mattel's profit plunged 61 percent in the second quarter, weighed down by costs tied to its acquisition of Mega Brands, but sales of its iconic Barbie doll continue to sag and sales of Fisher-Price products were slow. Mattel is spending about $423 million on the maker of Mega Blocks.
Ebay earnings beat by a penny while revenue missed expectations. Shares rose after initially fluctuating in extended hours trading.
KFC parent Yum Brands Inc on Wednesday said second-quarter sales at established restaurants in China, its No. 1 market, jumped 15 percent
Mortgage revenue fell and litigation costs increased for Bank of America in the second quarter.
BlackRock delivered quarterly earnings that topped analysts' expectations on Wednesday.`
Yahoo missed estimates, but shares swung higher in after-hours trading as the firm said it won't have to sell as much of its Alibaba stake.
Intel reported quarterly earnings and revenue that beat analysts' expectations on Tuesday, citing stronger-than-expected demand for corporate PCs.
JPMorgan reported an 8 percent drop in profit amid pullback in trading of bonds and currencies, but topped Wall Street estimates.
Goldman Sachs delivered quarterly earnings and revenue that beat analysts' expectations on Tuesday.
Sales of newer prescription drugs helped boost Johnson & Johnson's earnings to a level much higher than expected.
Investors will want to pay close attention to Yahoo’s earnings call Tuesday to see if the company reveals any plans for its Alibaba IPO proceeds.
Citigroup reported a stronger-than expected adjusted quarterly profit as its fixed-income business performed ahead of forecasts.
Traders will be watching earnings to see if the rebounding consumer will now be the engine of economic growth, says NYSE floor trader Kenny Polcari.
Wells Fargo posted quarterly earnings that met expectations Friday, while revenue exceeded Wall Street estimates.
Earnings from some of the biggest U.S. tech companies will be in the spotlight this week, giving investors a chance to evaluate the sector's health.
Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.
Family Dollar's earnings fell by a third as the company resorted to discounts to clear inventory and competition intensified.
11 companies in the S&P 500 have beaten earnings expectations by 10% or more in each of the past four calendar quarters. USA Today reports.
Alcoa reported earnings of 18 cents a share, excluding certain items, on revenue of $5.84 billion.
Nike reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
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