Express Profit Tops Views; Earnings Forecast Solid for 2016
Express reported its fourth-quarter profit rose 34%, buoyed by a strong holiday shopping season, as the retailer issued a solid earnings forecast for the full year.
Urban Outfitters Profit Falls But Tops Expectations
Urban Outfitters said its earnings fell in the holiday quarter, marking the retailer's second consecutive decline in annual profit.
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.
HP Enterprise's Profits Hurt by Currency
Hewlett Packard Enterprise Co. said its earnings fell 52% as negative currency impacts masked underlying revenue growth.
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.
Chevron Reports 1Q Loss Due to Low Oil Prices
Chevron on Friday reported a wider-than-expected loss amid lower oil prices and the stronger dollar.
Valeant Files Overdue Annual Report, Makes Sweeping Board Changes
Valeant Pharmaceuticals International filed its overdue annual report on Friday morning, likely resolving the looming danger of debt default for the Canadian company.
ExxonMobil Posts Smallest Profit Since 1999 Merger
ExxonMobil, the largest U.S. oil company, reported its smallest quarterly profit since 1999, a 63% plunge from a year ago, as oil prices remain depressed.
McDonald's 1Q Earnings Exceed Expectations
McDonald's reported a jump in first-quarter profit that easily topped expectations, more evidence that the company's turnaround efforts are paying off.
Caterpillar Pares Its Guidance Amid Sluggish Demand
Caterpillar pared its earnings and revenue forecasts for the year as demand for its construction and mining equipment remained sluggish through the first quarter, with little sign of challenges easing this year.
General Electric Posts Revenue, Core Earnings Growth
General Electric reported growth in revenue and core earnings, though profit in its industrials business slid.
American Express Profit Slides
American Express Co. said its profit in the latest quarter declined after the card company took steps to overhaul its business.
Yahoo CEO: Strategic Process a Top Priority
Suitors for Yahoo Inc. got a reminder of the challenges facing the struggling Web business on Tuesday when it reported first-quarter results.
Harley-Davidson Profit Falls Less Than Expected
Harley-Davidson said profit fell less than expected in the first quarter, buoyed by higher motorcycle sales that the company attributed to newer products and a ramped-up marketing campaign.
Stocks Rise Despite Slide in Oil Prices
U.S. and European stocks turned higher Monday, shaking off a decline in oil prices after major oil-producing countries failed to reach an agreement to freeze output.
Oil Loans Burden Banks
he $147 billion question for banks: Will energy companies max out their credit lines?
Dow Climbs 150 Points As Soaring Oil Revs Up Energy Stocks
Gains on Wall Street were driven by a surge in oil on Tuesday, even as Alcoa's lackluster results marked a shaky start to the U.S. corporate earnings season.
Alcoa Stock Can Shine Brighter
Before Alcoa's first-quarter earnings report Monday, the market is still valuing it as a pure commodities play without giving much credit to anything else. That underscores the argument for splitting Alcoa in the first place and suggests the stock is still underappreciated at current levels.
CarMax 4Q Profit Falls, But Revenue Tops Expectations
CarMax on Thursday said its profit fell 1.5% in the final quarter of its fiscal year amid a tough sales environment for used cars, but the company's revenue surpassed expectations.




















