John Deere Forecast Beats Estimates
The largest maker of farm equipment in the world, Deere & Co forecast a 2016 fiscal year profit that beat estimates on Wall Street, even as lower prices of crops reduced the money growers have to...
View ArticleDollar General Announces Profit That Beats Expectations
On Thursday, Dollar General said its profit had ended higher than expectations of Wall Street as traffic in its stores improved, though the company lowered its sales guidance for 2015. For its fiscal...
View ArticleCSX Says Earnings for Fourth Quarter and Full Year are Solid
CSX Corporation announced its 2015 fourth quarter earnings that reached $466 million, a drop of 5% from its $491 million during the same period in 2014, equal to 48 cents a share compared to 49 cents a...
View ArticleJPMorgan Chase Announces Record Annual Earnings (NYSE:JPM)
JPMorgan Chase & Co, the biggest U.S. bank by assets, recorded record annual earnings for fiscal year 2015. JPMorgan’s net income for the final quarter of the year rose 10.2 percent to $5.43...
View ArticleNetflix Impresses Investors with Strong Growth Overseas
As its subscriber growth in the U.S. begins to taper off, the video streaming online service Netflix is on the road to conquering the rest of the world with is ambitious expansion that will likely sway...
View ArticleGE Revenue Short of Wall Street Estimates
General Electric Co posted sales that missed Wall Street estimates for the fourth quarter as its revenue in the renewable energy and oil segments plunged amidst a global economy that remained sluggish....
View ArticleApple Inc Misses Estimates on Sales, Revenue, but Profit Sets Record
Apple Inc is not even immune to a slowing market for smartphones. Despite the Cupertino, California based company setting an all-time record for quarterly profit for any public company in the U.S. by...
View ArticleAmazon Sees Sales Surge, but Profit Comes Up Short
Amazon expected to be the runaway winner of the holiday shopping season, instead it strolled but did not run. Revenue for the e-commerce giants during the fourth quarter was less than was expected,...
View ArticleUBS Surprises Analysts With 4Q Profit Results (NYSE:UBS)
Swiss bank UBS reported higher profits for the fourth quarter than analysts expected. The Zurich-based bank reported a 10 percent increase in net profit in the October-December quarter, rising to 949...
View ArticleGM Posts Record Earnings for 2015 of $9.7 Billion
On Wednesday, General Motors Co announced that it had earned a new record of $9.7 billion during 2015, including over $6.3 billion during the fourth quarter. The automaker based in Detroit posted a new...
View ArticleFox Film Unit Disappoints Crimps Murdoch Company Earnings
Despite getting help from Lucious and Cookie, 21st Century Fox, part of the Rupert Murdoch empire, fell short of revenue for the first quarter. The broadcast network of Fox delivered a strong...
View ArticleWalmart Income for Fourth Quarter Down On Lower Sales
On Thursday, Walmart said its earnings for the fourth quarter were down by 7.9% because of higher operating expenses and lower sales. The largest retailer in the world lowered its sales growth estimate...
View ArticleAllergan Beats Estimates on Earnings
Allergan released its earnings report for the fourth quarter prior to the Wall Street opening bell on Monday, posting adjusted per share earnings of $3.41. That was in comparison to estimates by Wall...
View ArticleLate Winter Give Macy’s Sales Boost
A late chill from winter helped to rekindle sales at Macy’s during its last quarter. The company announced that there had been a surge in demand for boots and jackets last month, when a large part of...
View ArticleWeak Spending and Strong Dollar Weigh on Sales at Dollar Tree
Dollar Tree Inc, the largest discount chain in the U.S. reported quarterly sales that were lower than had been expected, hurt by challenging conditions in the economy and a strong U.S. dollar. The...
View ArticleInditex Posts Strong Growth in Sales
Inditex, the largest clothing retailer in the world, posted strong growth in sales for its first five weeks of its new financial year. The retailer added that its pace of new store openings would be...
View ArticleWalgreens Profit Drops, Sales and Guidance Increase
Walgreens Boots Alliance Inc announced that its sales had increased by 14% in its most recent quarter. The company also increased its guidance for the full year though its profit dropped as the biggest...
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