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Earnings Report

Under Armour cuts forecast, to restructure operations

Sportswear maker Under Armour Inc cut its full-year sales forecast due to weak demand for its products in North America, and launched a restructuring plan that involves closing facilities and leases as well as job cuts.

Xerox posts 2Q profit

Xerox Corp. (XRX) on Tuesday reported second-quarter profit of $166 million.

Sprint swings to a profit as subscribers grow

Sprint on Tuesday swung to a quarterly profit for the first time in three years as the No. 4 U.S. wireless carrier launched aggressive new promotions during the period to win subscribers.

Sprint swings to a profit as subscribers grow

Sprint on Tuesday swung to a quarterly profit for the first time in three years as the No. 4 U.S. wireless carrier launched aggressive new promotions during the period to win subscribers.