Earnings Earnings Announcements

  • The company has been looking to divest its North Sea assets and focus on the rising shale oil production in the United States. The U.S. recently surpassed Saudi Arabia and Russia to become the world's top crude producer. The company's net income was $390 million, or 47 cents per share, in the fourth quarter ended Dec. 31, compared to a loss of $28 million, or 3 cents per...

  • TORONTO, Feb 13- Two of Canada's biggest insurers, Manulife Financial Corp and Sun Life International, on Wednesday reported higher fourth-quarter earnings, helped by growth in Asian markets. Canada's biggest insurer, Manulife, reported earnings per share, excluding one-off items, of C $0.65, compared with C $0.59 a year ago, ahead of the average analyst forecast...

  • The Irving, Texas, company reported an adjusted profit of $1.18 per share in the fourth quarter, down from $1.22 in the same quarter of the prior year, and below analysts' estimate of a $1.54 per share by the same measure, according to IBES data from Refinitiv. Its shares dropped $4.45 or 3 percent to $142.50 in after-hours trading on Wednesday. Pioneer reported...

  • See which stocks are posting big moves after the bell on February 13.

  • TORONTO, Feb 13- Canadian insurer Sun Life Financial on Wednesday reported fourth-quarter earnings which were ahead of market expectations, helped by a strong performance from its units in the United States and Asia. The company reported earnings per share, excluding one-off items, of C $1.19, compared with C $1.05 a year ago. Analysts had on average forecast...

  • A trade deal with China could stop the dollar's rise, but it may not stay down if President Donald Trump then turns his focus to tariffs on European cars.

  • Feb 13- U.S. shale producer Pioneer Natural Resources Co reported adjusted profit of $1.18 per share in the fourth quarter, down from $1.22 in the same quarter of the prior year, the company said on Wednesday. The Irving, Texas company collected revenue of $2.68 billion in the fourth quarter compared with $1.53 billion in the same period the prior year.

  • The company has been looking to divest its North Sea assets and focus on the rising shale oil production in the United States. The U.S. recently surpassed Saudi Arabia and Russia to become the world's top crude producer. The company's net income was $390 million, or 47 cents per share, in the fourth quarter ended Dec. 31, compared to a loss of $28 million, or 3 cents per...

  • Yellow "Caution" tape is displayed outside of the New York Stock Exchange.

    "There are lots of cheap places to put your capital. You don't have to put it in the U.S.," Morgan Creek's Mark Yusko says.

  • Feb 13- Cisco Systems Inc reported second-quarter revenue and profit above Wall Street estimates on Wednesday, as the network gear maker benefited from strong growth in its newer businesses such as application software and cyber security. The company also forecast third-quarter profit of 76 cents to 78 cents per share, the mid-point of which was in line with...

  • Feb 13- Cisco Systems Inc reported second-quarter revenue that beat Wall Street estimates on Wednesday, as the network gear maker benefited from its shift to newer businesses such as application software and cyber security. The company reported net income of $2.8 billion, or 63 cents per share, in its quarter ended Jan. 26, compared with a loss of $8.78 billion, or...

  • Feb 13- Cisco Systems Inc reported second-quarter revenue that beat Wall Street estimates on Wednesday, as the network gear maker benefited from its shift to newer businesses such as application software and cyber security. The company reported net income of $2.8 billion, or 63 cents per share, in its quarter ended Jan. 26, compared with a loss of $8.78 billion, or...

  • Cisco beats earnings estimates in quarterly report

    CNBC's Josh Lipton reports quarterly earnings from Cisco.

  • MGM beats quarterly estimates

    CNBC's Contessa Brewer reports quarterly earnings from MGM Resorts.

  • Feb 13- The former top corporate lawyer at Apple Inc was criminally charged by the U.S. Department of Justice on Wednesday with insider trading ahead of six of the iPhone maker's quarterly earnings announcements. Authorities said Gene Levoff exploited his positions as corporate secretary, head of corporate law and co-chairman of a committee that reviewed...

  • WASHINGTON, Feb 13- The U.S. federal government ran a $14 billion budget deficit in December as revenues sagged following last year's tax cuts even as the economy appeared strong, Treasury Department data showed on Wednesday. But Washington's accounts have run $319 billion into the red since the fiscal year began in October, compared to a $225 billion deficit...

  • Expect Cisco earnings to be in line, says analyst

    CNBC's "Power Lunch" team looks ahead at what Cisco's earnings report may look like with Mike Genovese, senior analyst at MKM Partners.

  • Watch CNBC's interview with CBRE Group CEO Bob Sulentic

    CBRE Group CEO Bob Sulentic talks with CNBC's "Power Lunch" team about the outlook for the company, real estate around the world, and the economy.

  • Feb 13- The former top corporate lawyer at Apple Inc was criminally charged by the U.S. Department of Justice on Wednesday with insider trading ahead of six of the iPhone maker's quarterly earnings announcements. Authorities said Gene Levoff exploited his positions as corporate secretary, head of corporate law and co-chairman of a committee that reviewed...

  • Feb 13- Dish Network Corp on Wednesday missed Wall Street expectations for quarterly profit as it lost more pay-TV subscribers due to ongoing blackouts of Spanish-language channel Univision and AT&T Inc's HBO, sending shares of the U.S. satellite TV provider down more than 8 percent. Dish Chief Executive W. Erik Carlson said during the call with analysts that...