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Whether the cool spring, weak economy or devaluing yen are to blame, c-suites across the country seem to be preparing for the worst this earnings season.Of the 121 companies that have issued second-quarter guidance so far, 96 are negative, only 15 positive and 10 in-line with Wall Street expectations, according to Thomson Reuters data. With a negative-to-positive ratio of 6.4, the quarter's sentiment is on track to be the worst of any earnings season since the first quarter of 2001. Yet, earnings per share, a bellwether of corporate health, is expected to be just shy of records set in the first quarter. It's a sign that, while executives are worried about missing top-line expectations, cost cutting continues to help drive bottom-line growth.At the same time, overall EPS growth almost always tops estimates posted at the start of the season, with Christine Short of Capital IQ saying growth historically beats estimates by 3% to 4%. Projections are typically low-balled, she said, particula...
Amazon.com Inc. and chip stocks weighed down the tech sector on Friday, but the group got a lift from rising shares of Facebook Inc., Hewlett-Packard Co. and Apple I...
Amazon.com Inc. and chip stocks weighed down the tech sector on Friday, but the group got a lift from rising shares of Facebook Inc., Hewlett-Packard Co. and Apple I...
A surge for Netflix Inc. and strong gains for Apple Inc., Lexmark International Inc. and ARM Holdings gave a boost to the tech sector on Tuesday morning.The Nasdaq C...
Apple Inc. and Caterpillar Inc. results this week will help determine whether the quarterly earnings season is stuck in a well-worn groove: Companies' bottom-line re...
Shares of Texas Instruments rose 4% on Tuesday, leading a chip sector rally after the company posted solid results on Monday. Chief Financial Officer Kevin March sai...
U.S. stock index futures drifted lower Tuesday, undercut by global growth fears in the wake of disappointing Chinese and German data as investors await fresh U.S. ho...
Texas Instruments Inc.'s (TXN) first-quarter profit jumped 37% as the chip maker recorded fewer charges, masking a decrease in revenue."Customers continued to operat...
Texas Instruments Inc.'s (TXN) first-quarter profit jumped 37% as the chip maker recorded fewer charges, masking a decrease in revenue."Customers continued to operat...
Texas Instruments (NASDAQ:TXN) reported on Monday a 37% surge in its first-quarter profit, as fewer charges versus the year-ago period offset declining revenue.The c...
Texas Instruments reported a jump in first-quarter earnings due in large part to a tax benefit, while revenue for the period came roughly in line with Wall Street's ...
FOX Business: Capitalism Lives HereA round of disappointing housing data sapped Wall Street's positive sentiment Monday, sending stocks falling mildly. Today's Marke...
FOX Business: Capitalism Lives HereThe markets shook off early losses and climbed higher Monday as generally upbeat global developments outweighed a round of weak da...
The first time I saw my mom throw pasta at the fridge to see if it stuck, I thought I was witnessing a minor miracle. Moms were always good for that sort of thing. N...
Shares of Texas Instruments (NYSE:TXN) fell close to 3% on Tuesday a day after the chip maker narrowed its outlook for the second quarter citing weak sales of PCs an...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
Texas Instruments Inc. on Monday narrowed its revenue and earnings forecasts for the second quarter. The chip maker said it expects revenue in the range of $2.99 bil...
Yesterday, the Obama administration rolled out a sweeping set of executive actions and legislative recommendations that are supposed to "protect innovators from friv...
Shares of NetApp Inc. jumped 5% early Wednesday a day after the data-storage systems company boosted its share repurchase program and announced a plan to cut 900 job...
