Earnings Report

Wal-Mart reported stronger-than-expected same-store sales growth in the latest period, with slightly more shoppers heading to its stores at a time when many retailers are struggling to attract foot traffic.

Wal-Mart reported stronger-than-expected same-store sales growth in the latest period, with slightly more shoppers heading to its stores at a time when many retailers are struggling to attract foot traffic.

The gourmet burger chain sold off on moderating same-store sales growth, but its long-term prospects still look solid.

U.S. stocks were lower on Wednesday as investors held off from making big bets ahead of the release of the minutes of the Federal Reserve's July policy meeting.

Cisco Systems Inc reported a 2 percent drop in quarterly revenue and said it would lay off up to 5,500 employees, or nearly 7 percent of its workforce, as the world's largest networking gear maker struggles with sluggish demand for its main switching and routing business.

Lowe's sawed its profit forecast for 2016. But the retailer echoed its rival Home Depot, saying Americans are spending big on their homes.

Staples said it swung to a loss in the latest period on nearly $1 billion in charges, hurt in part by its failed plan to merge with Office Depot.

Retail chain Target Corp cut its fiscal-year profit outlook on Wednesday after quarterly sales fell more than expected, sending its shares down nearly 5 percent.

Teen apparel retailer American Eagle Outfitters Inc reported a bigger-than-expected rise in quarterly comparable sales, largely due to strong demand for its Aerie line of lingerie and personal care products.

Home improvement retailer Lowe's reported lower-than-expected quarterly sales and profit and cut its full-year earnings forecast.

U.S. stocks slipped to their lowest in two weeks on Tuesday after New York Federal Reserve President William Dudley said an interest rate hike in September was possible.

TJX, the operator of off-price retail chains T.J. Maxx and Marshalls, reported a bigger-than-expected increase in quarterly comparable sales as more bargain-hungry shoppers visited its stores.

Home Depot raised its full-year earnings forecast after reporting a 6.6 percent rise in quarterly sales as customers spent more in a strong housing market.

Home Depot raised its full-year earnings forecast after reporting a 6.6 percent rise in quarterly sales as customers spent more in a strong housing market.

Business software maker Oracle Corp reported a better-than-expected quarterly profit, helped by strong sales from its cloud services.

Box Inc. said its loss widened in the third quarter as revenue increased but the online-storage company also ramped up its spending on marketing and research and development.

Adobe Systems Inc. reported a higher profit for the second quarter as digital media recurring revenue rose to $2.35 billion and added 639,000 creative cloud subscribers in the latest period.

Box, Inc. (NYSE:BOX), the cloud storage company, was up 12% in after-hours trading, following its better-than-expected first quarter earnings report on Wednesday. The company beat the street on both revenue and earnings per share and raised this year’s guidance.

Microsoft posted a 12% drop in third-quarter earnings, although the software giant topped Wall Street estimates.

Microsoft's latest earnings report shows CEO Satya Nadella is making progress in his push to embrace cloud computing.