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- Tiffany, Signet Forecasts Disappoint, US Slowing 24 May 2012
Tiffany & Co. lowered its fiscal-year sales and profit forecasts on Thursday, citing slowing economic growth in many countries and weakness in its home U.S. market, while rival Signet Jewelers also issued a disappointing forecast.
- Costco Quarterly Profit Higher on Rise in Net Sales 24 May 2012
Costco Wholesale posted a higher quarterly profit on an 8 percent increase in net sales.
- Rio Tinto Sticks to Bold Iron Ore Expansion Plans 24 May 2012
Rio Tinto , the world's No.2 producer of iron ore, sees no signs of a slowdown in demand from top consumer China and still plans to almost double its output of the steel-making ingredient by 2016.
- Burberry Shares Slide Despite Boost in Profits 23 May 2012
British luxury brand Burberry posted a 26 percent jump in profit as expected and said it would invest up to 200 million pounds ($316 million) in new outlets and expanding existing stores in London, Chicago and Hong Kong.
- Myer Cuts Guidance After Third-Quarter Sales Fall 22 May 2012
Myer , Australia's largest department store chain, cut its profit guidance for the year after posting a 2.1 percent decline in same-store sales in its fiscal third quarter as consumers stuck to their frugal shopping habits.
- Best Buy Profit Tops Estimates; Outlook Maintained 22 May 2012
Best Buy reported better-than-expected quarterly results, boosted by a lower tax rate and an extra week compared with a year earlier, as the world's largest consumer electronics chain closes stores and searches for a new chief executive.
- Vodafone Cuts Sales Target on Weak European Markets 22 May 2012
Vodafone lowered a medium-term sales growth target for revenue growth on Tuesday as consumers in southern Europe slashed spending and regulators upped the pressure on the world's largest mobile operator.
- M&S Annual Profit Falls for First Time in 3 Years 22 May 2012
Bellwether British retailer Marks & Spencer posted a 1.2 percent fall in full-year profit, its first decline in three years, as even its relatively older and more affluent customers were touched by the economic downturn.
- Wal-Mart Earnings Rise, Outstrip Wall Street Forecasts 17 May 2012
The world's biggest retailer reported improved quarterly earnings and revenue on Thursday, topping Wall Street analysts' targets, as its Wal-Mart U.S. division showed a 2.6 percent rise in sales at stores open at least a year.
- Sears Returns to Profit; Plans Canadian Spinoff 17 May 2012
Sears Holdings returned to a first-quarter profit, benefiting from a gain on the sale of some stores.
- Deere Beats Earnings Forecast; Raises Outlook 16 May 2012
The company posted higher quarterly earnings that topped estimates on Wednesday and raised its full-year outlook on rising global demand for farm equipment.
- Target Earnings Top Estimates, Raises Forecast 16 May 2012
Target posted a higher profit as warm weather and an early Easter helped boost sales at the beginning of the quarter and raised its full-year outlook on Wednesday.
- Sina Posts Smaller Quarterly Loss as Ads Grow 9% 15 May 2012
China's largest Internet portal and media website posted a first-quarter loss that was smaller than Wall Street had expected after advertising revenue shot up 9 percent despite a weak domestic market, propelling its shares 7 percent higher in after-hours trade.
- JCPenney Loss Double What Expected; Suspends Dividend 15 May 2012
In a surprise earnings loss of 25 cents a share, when analysts expected an 11 cent loss, the retailer decided to suspend dividend payments.
- Rusal May Cut Output as Net Profit Plunges 84% 13 May 2012
Russia's UC RUSAL , the world's biggest aluminum producer, posted an 84 percent drop in first-quarter net profit, potentially fuelling a shareholder conflict over the company's refusal to sell its stake in Norilsk Nickel .
- Nissan Sees Sales Momentum Lifting Profits This Year 11 May 2012
Nissan Motor posted on Friday a one-third jump in quarterly profit and projected a 28 percent rise in the year ahead driven by brisk sales momentum in emerging markets.
- OCBC Eyes Growth as Quarterly Profit Hits Record 11 May 2012
Oversea-Chinese Banking Corp , Singapore's second-largest lender, said on Friday it saw "significant growth opportunities" as quarterly net profit leapt 32 percent to a record high.
- Credit Agricole Profit Drops 75% on Greek Write-Downs 11 May 2012
Credit Agricole is prepared for all possible outcomes in Greece, the French bank's chief executive said, after charges at its business in the debt-laden country helped trigger a steeper-than-expected 75 percent drop in quarterly profit.
- Emirate Airlines Profit Plunges on Sky-High Fuel Costs 10 May 2012
Emirates Airlines reported a 72 percent drop in 2011 earnings on Thursday, with rocketing fuel prices cutting into profits.
- BT Profit Rises on Broadband Customers 10 May 2012
British Telecom (BT) posted a full-year operating profit of 849 million pounds ($1.37 billion) on Thursday on revenue of 4.8 billion pounds, attributed in large part to the addition of 10 million broadband customers in the last year.
- Tiffany, Signet Forecasts Disappoint, US Slowing 24 May 2012
- Earlier Headlines
- Danske Bank Splits Off Irish Loans to Cut Losses 10 May 2012 - CNBC.com
- Rio Tinto Warns on Project Costs, Backs Iron Ore 09 May 2012 - Reuters
- SingTel Fourth-Quarter Net Profit Inches Up, Sees Slim Growth 09 May 2012 - Reuters
- Priceline Beats on Earnings; Outlook Falls Short 09 May 2012 - Reuters
- Macy’s Outlook Disappoints, Shares Drop 09 May 2012 - Reuters
- UK Insurer Prudential Beats Profit Forecasts 09 May 2012 - Reuters
- Toyota Set for Revival, but Profits Far From Peak 09 May 2012 - CNBC.com
- Commerzbank Net Profit Misses Market Estimates 09 May 2012 - Reuters
- Toyota to Triple Profit This Year as Sales Accelerate 09 May 2012 - Reuters
- ING Profits Mixed; CFO Says Restructuring on Track 09 May 2012 - CNBC.com
- Disney Earnings Top Expectations; Shares Rise 08 May 2012 - CNBC.com
- Wendy’s Profit Misses on Higher Beef Costs 08 May 2012 - Reuters
- HSBC Profit Up on Strong Investment Bank, Cost Cuts 08 May 2012 - Reuters
- Berkshire Hathaway's Operating Earnings Rise 04 May 2012 - Reuters
- First Solar Ups Forecast After Miss 04 May 2012 - Reuters
- Kraft Beats on Earnings, Backs Full-Year Growth Target 03 May 2012 - Reuters
- Orbitz 1Q Loss Narrows on Better Bookings 03 May 2012 - The Associated Press
- GM Profit Beats Street, but Europe Drags Down Results 03 May 2012 - The Associated Press
- UBS Gets Stinging Rebuke From Shareholders on Pay 03 May 2012 - Reuters
- SocGen Profit Drops 20 Percent on Charges 03 May 2012 - Reuters
- Westpac First-Half Profit Rises 1% to Record 02 May 2012 - Reuters
- DreamWorks Earnings Beat Expectations 02 May 2012 - Reuters
- Green Mountain Shares Skid as Revenue Falls Short 02 May 2012 - CNBC.com
- Visa Earnings, Revenue Top Forecasts; Shares Rise 02 May 2012 - CNBC.com
- MasterCard Shares Fall Despite Earnings Beat 02 May 2012 - Reuters
- Time Warner Posts Lower Quarterly Profit 02 May 2012 - Reuters
- Comcast Posts Higher Profit on Internet Adds, NBC Rebound 02 May 2012 - Reuters
- India Telecom Sector ‘Horrendous,’ Be Cautious: Pro 02 May 2012 - CNBC.com
- BSkyB Distances Itself From NewsCorp, Posts Profit 02 May 2012 - Reuters
- UBS Turns in Profit That Falls Short of Forecasts 02 May 2012 - CNBC.com
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