NEW YORK— Deere& Co. on Friday cut its full-year outlook because it expects the weak agriculture and energy sectors to continue dragging down equipment sales. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.47 per share. Six analysts surveyed by Zacks expected $7.11 billion.» Read More
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.
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.
Cost-cutting moves can result from inspiration, or the overlooked obvious, but companies have been thriving on them for decades. It may not raise revenue, but it certainly helps the bottom line.
Operational efficiency has become a key to a company's success, especially in an age of thin margins, whether it 's cutting costs, streamlining output or responding to an economic shock.
Companies that allow or encourage their employees to work from home, rather than come to the office, are more interested in maintaining a happy workforce than achieving any direct cost savings.
While derivatives themselves carry risks and financial scandals have tarnished their image, many companies still use futures contracts, swaps, collars, and other hedging instruments to minimize volatility in their cost of doing business.
Analyzing whether a lack of earnings warnings is a sign of good things to come, with Michael Thompson, Standard & Poor's