Business
Earnings
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Lowe's lowered its outlook for the full year, anticipating investing more in marketing and service for customers in stores, which will hurt margins. » Read More
By: Eugene Kim
Salesforce reported second-quarter revenue and earnings that topped analysts' estimates on Tuesday after the bell. » Read More |
By: Kevin Breuninger
Intuit reported quarterly earnings and revenue that beat analysts' expectations on Tuesday. » Read More |
U.S. luxury homebuilder Toll Brothers reported a better-than-expected quarterly profit, helped by strong demand for its homes in an improving job market. » Read More |
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Medical device maker Medtronic reported a 9.4 percent increase in quarterly profit on Tuesday, driven by strong demand for its heart and vascular devices.
Global mining giant BHP Billiton posted a five-fold rise in annual underlying profit on Tuesday.
Foot Locker nosedive after the company's quarterly results miss expectations by a wide margin.
Deere reported a better-than-expected quarterly profit, helped by improving demand for its farm equipment, particularly in South America.
Cosmetics maker Estee Lauder posted a higher-than-expected quarterly profit.
The company also said its quarterly net income more than doubled and raised its full-year earnings forecast.
Looking ahead, Wal-Mart has raised the low end of its earnings outlook for the full year.
Alibaba, China's largest e-commerce firm, reported first-quarter revenue above Wall Street estimates, helped by strength in the Chinese e-commerce market.
While the company beat estimates, revenue decreased for the seventh quarter in a row.
L Brands shares fell nearly 8 percent in after-hours trading after the company shared a weak outlook for the third quarter.
SUNNYVALE, Calif. _ NetApp Inc. on Wednesday reported fiscal first-quarter earnings of $136 million. Eight analysts surveyed by Zacks expected $1.31 billion. For the current quarter ending in November, NetApp expects its per-share earnings to range from 64 cents to 72 cents.
Until this past Monday, Target had so far been on the sidelines as far as deals go in retail.
Shares of Urban Outfitters soared Wednesday after the retailer reported earnings and revenue that topped expectations.
Denmark's A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday.
Home Depot has been benefiting from increased sales of more expensive items and from growth in the average shopper's ticket.
Dick's Sporting Goods says weakness in hunting and licensed apparel, among other factors, hurt its results.
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