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Earnings Report

Macy's Tops Estimates, Hints at Real Estate Deals

Macy's said profit slid in its latest quarter, dragged by a disappointing holiday shopping season, but the retailer beat expectations and hinted it has moved closer to potential real-estate transactions.

Pimco Boosts Allianz Earnings

Germany's Allianz raised its full-year dividend after fourth-quarter profit jumped 16%, partly on the improved performance of its Pacific Investment Management Co. asset-management business.

Deere Reports Sales Decline, Cuts Full-Year View

Deere & Co., the world's biggest seller of tractors and harvesting combines, pulled in its forecast for the year as the company continues to struggle with slumping farming and equipment markets.

Wal-Mart Lowers Sales Outlook

Dow component Wal-Mart reported an adjusted 4Q profit of $1.49 per share, topping the estimate for $1.46. Revenue of $129.67 billion, missed the estimate for $130.95 billion.

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.