Medtronic reports 3Q loss
Medtronic PLC on Tuesday reported a fiscal third-quarter loss of $1.39 billion, after reporting a profit in the same period a year earlier.
Walmart’s online push hits snag, earnings miss
Walmart’s online sales growth fell in 4Q vs 3Q 2017, but the company is targeting 40% growth this year. Here’s how the retailer will accomplish its goal.
Gannett Co., Inc. reports 4Q loss
MCLEAN, Va.
Medtronic posts loss due to $2.2B US tax law charge
The net loss attributable to Medtronic was $1.39 billion, or $1.03 per share, in the quarter ended Jan. 26.
HSBC annual profit rises as Asian growth drives earnings
HSBC says its annual pretax profits rose by 11 percent on strong earnings from Asia, in the latest sign that the London-based global bank's restructuring to focus even more on the region is reaping further dividends.
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Campbell beats Street 2Q forecasts but soup sales decline
Campbell Soup Co. (CPB) on Friday reported fiscal second-quarter earnings of $285 million.
Coke sales fall as company shifts gears, sheds bottling biz
Coca-Cola says it's swung to a fourth-quarter loss of $2.75 billion, though adjusted earnings and revenues beat most expectations.
Renault reports record profit as CEO Ghosn agrees to pay cut
French carmaker Renault says it had record profit and sales last year, boosting its shares and CEO Carlos Ghosn's bid to keep his job.
Deere's first-quarter earnings beat expectations, despite tax-related charges
Deere swung to a loss in its first quarter, weighed down by charges tied to the U.S. tax overhaul, but it easily beat Wall Street expectations when those extraordinary costs are removed.
Coca-Cola swings to profit in fourth quarter
Coca-Cola says it's swung to a fourth-quarter loss of $2.75 billion, though adjusted earnings and revenues beat most expectations.
Stock markets on track for best week in 6 years
World shares were set to post their best week of gains in six years on Friday after two consecutive weeks spent in the red, shrugging off a rise in global borrowing costs while the dollar hit its lowest level since 2014.
Italian oil producer Eni sees jump in profits
Italian gas and oil giant Eni says its fourth-quarter profits rose more than five-fold to 2.1 billion euros ($2.6 billion) thanks to higher gas prices and record production.
CBS profit drops 85% on tax charge
CBS, owner of the most-watched broadcast network, said revenue improved 11.5% in the fourth quarter.
Cisco repatriating $67B, boosting share buyback program
Cisco raises its buyback program by $25 billion and plans to bring back $67 billion of funds held overseas in the third quarter of fiscal 2018 by taking advantage of the recent changes to the U.S. tax laws.
Sears: 4Q sales drop but it expects a profit
Sears Holdings Corp. says sales dropped during the critical fourth quarter, but the ailing retailer expects to earn a profit, helped by a windfall from U.S. tax reform.
Nestle sales disappoint, doesn't plan L'Oreal stake increase
Swiss food and beverage giant Nestle says it's ending its agreement with the well-heeled Bettencourt family of France over the L'Oreal cosmetics empire and is exploring options for its Gerber Life Insurance business.
Cisco beats estimates, boosts buyback program by $25B
Cisco reported its first rise in quarterly revenue in more than two years.
Fannie Mae loses $6.5B in fourth quarter on tax change
Sweeping changes to U.S. tax law led to a $6.53 billion loss at Fannie Mae last quarter, putting the government-controlled mortgage company in the position of seeking cash assistance from taxpayers for the first time since it emerged from the housing crisis six years ago.
Molson Coors tops 4Q profit forecasts
Molson Coors Brewing Co. (TAP) on Wednesday reported fourth-quarter net income of $588.8 million.















