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Earnings Report

Philip Morris Revenue, Cigarette Shipments Decline

Philip Morris International on Thursday reported a steeper-than-expected drop in fourth-quarter revenue even as the cigarette giant benefited from higher pricing across all of its regions.

Credit Suisse Shares Plunge on Huge Loss

Credit Suisse reported a hefty loss Thursday as it makes a costly transition away from investment banking toward wealth management, wiping 9% off its share price.

Merck Revenue and Profit Falls

Merck posted declines in sales and profit as the pharmaceutical giant gave revenue projections below analyst forecasts and earnings expectations on the lower end of them.

Oracle Net Falls on Strong Dollar

Oracle Corp. earnings fell 14% in the third quarter as the currency crunch offset gains generated by its rapidly growing Web-based, on-demand computing business.

Payments Firm Square Notes Path To Profit

Square, the mobile payments company co-founded and run by Twitter Inc Chief Executive Jack Dorsey, reported a 49.2 percent jump in revenue in its first quarterly results since going public in November.

Staples Profit Misses Views

Staples. swung to a fourth-quarter profit, though its results came in below Wall Street views, as sales declined while the company continues to seeks regulatory approval for its deal to buy rival Office Depot Inc.

Big Lots Posts Surprise Revenue Decline

Big Lots. increased its profit but posted a surprise revenue decline as the discount retailer had a lower store count and faced seasonal factors in its fourth quarter.

AutoZone Profit Grows 8%

AutoZone. reported its profit grew 8% and easily topped expectations in its latest quarter as sales climbed and the company continued to rework its distribution process.