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.
Hilton 4Q revenue jumps 24% on more booking at higher prices
Hotel operator Hilton Worldwide Holdings reported a 24 percent rise in quarterly revenue on Wednesday, as more people booked its rooms at higher prices.
Credit Suisse trims loss, cites upside of US tax reform
Credit Suisse says it narrowed its fourth-quarter loss as pre-tax income swung into the black, while the Swiss bank predicted a positive impact from the U.S. tax reform in the future.
Credit Suisse posts third straight annual loss on U.S. tax writedown
Credit Suisse on Wednesday posted a smaller-than-expected annual loss mostly due to U.S. tax reform, keeping the bank from its first year in the black since launching a turnaround plan in 2015.
Blue Apron says it could hit key profit measure this year, shares jump
Chief Executive Brad Dickerson said adjusted earnings before interest, tax, depreciation and amortization could turn positive as soon as the fourth quarter of this year, as it increases revenue and cuts capital spending and administrative costs.
PepsiCo posts flat sales; cuts jobs and issues bonuses
PepsiCo is reporting better-than-expected revenue and profits for the fourth quarter as CEO Indra Nooyi attempts to shift the company's focus back to its best-known products.
Under Armour revenue beats estimates, shares jump
The company reported fourth-quarter loss of $87.9 million, or 20 cents per Class C share, in the quarter ended Dec. 31.
Under Armour reports 4Q loss
Under Armour Inc. (UAA) on Tuesday reported a fourth-quarter loss of $87.9 million, after reporting a profit in the same period a year earlier.


















