Best Buy plans to close some stores and consolidate its operations in Canada.» Read More
Investors have already started to price in improved earnings in financial names, Stuart Frankel's Steve Grasso says.
Talk of an economic-recovery breakthrough goes only so far. At some point, it has to start showing up on corporate balance sheets.
A record number of S&P 500 companies have issued negative earnings guidance for the second quarter. So why don't investors seem to care?
BlackBerry shares plunged nearly 30 percent after the company posted a loss and warned of future losses, despite releasing its make-or-break new smartphones this year.
Nike reported earnings and revenue that beat Wall Street forecasts on Thursday, helped by easing materials costs and strong North American sales. The stock shot higher in after-hours trading.
General Mills reported fourth-quarter earnings on Wednesday that met Wall Street expectations, but it gave a forecast for the new fiscal year that was below.
Oracle reported a modest increase in new software sales and Internet-based software subscriptions, sending its shares lower. The company also said its stock will move to the NYSE.
FedEx reported quarterly earnings that topped analysts' expectations on Wednesday.
Adobe earnings beat expectations but the company's forecast was to either meet or miss in the current quarter. Still, one analyst said the guidance "continues to be pretty impressive."
DuPont said its operating profit would fall more than it expected in the first half of the year as a wet spring in North America and Europe hurt its agriculture business.
Lululemon said its CEO will step down. The news came a few months after the company had to recall one of its yoga pants for being too sheer. The company also beat on earnings.
Texas Instrument narrowed its projected ranges for earnings and revenue but both were still in-line with analysts' expectations.
Costco Wholesale reported third-quarter profit just above analysts' estimates, as its low prices for food and gasoline appealed to shoppers.
Tiffany reported higher-than-expected sales for the quarter that included Valentine's Day, helped by gains in all regions and promotions around its 'Great Gatsby' collection.
Pandora hit its earnings target and delivered revenue and an outlook that topped expectations. Shares rose sharply after-hours.
The department-store chain saw its loss more than quadruple — a big miss compared to what analysts had expected. Revenue, however, beat. Shares fell sharply after-hours.
Clothing-store chain Gap delivered earnings and revenue that beat Wall Street expectations, an encouraging sign for the recovering retail sector.
The tech giant's earnings and outlook topped forecasts amid a strong showing from enterprise services and printing. Shares jumped more than 10 percent.
Target cuts its full-year profit forecast while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items.
Lowe's reported quarterly earnings that missed analysts' expectations on Wednesday, sending shares lower in pre-market trading.