Big Lots Profit Rises 20%, Boosts Guidance
Big Lots on Friday boosted its outlook for the year and reported a 20% rise in profit in the first quarter.
U.S. Stocks Take A Breather As Oil Retreats From $50 Mark
U.S. stocks paused Thursday after two days of strong gains as crude prices retreated from the $50 a barrel level and investors brushed off better-than-expected economic reports.
AutoZone Earnings Rise but Fall Short of Estimates
AutoZone on Tuesday reported 5.9% profit growth in the most recent quarter, though results came in solidly below expectations as the replacement-part retailer overhauls its distribution process.
Gap to Close Old Navy in Japan, Warns of Earnings Shortfall
Gap Inc., under pressure to turn around operations amid a prolonged sales slump, said it plans to close all its Old Navy stores in Japan and some Banana Republics mostly outside of North America by the end of its business year.
Salesforce Boosts Outlook After Topping 1st-Quarter Expectations
Salesforce.com Inc. lifted its forecast for the year on the heels of a stronger-than-expected to start to its fiscal year.
Allergan Realigns Executive Team, Outlines $10B Stock Buyback
Allergan announced plans Tuesday to streamline its executive team under Chief Executive Brent Saunders and buy back up to $10 billion in stock as the drugmaker reported sales that fell short of analysts' expectations.
Kellogg's First-Quarter Profit Fell 33%
Kellogg said its first-quarter earnings fell 33% in the latest quarter as lower revenue, dinged by currency translations, and higher interest expense hurt the company's bottom line.
Alibaba Revenue Better Than Expected
Alibaba Group Holding on Thursday reported a better-than-expected surge in revenue in the final quarter of the year as the Chinese e-commerce giant continued to add users and drive mobile sales.
Shell Profit Falls But Beats Forecasts
Royal Dutch Shell said Wednesday it is continuing to hammer down costs and spending as the company moves to integrate its roughly $50 billion acquisition of BG Group in the midst of a historic oil price slump.
Bank of America, Citigroup Brace for Stress-Test Results
There is a $24 billion reason why Bank of America Corp. and Citigroup Inc. shareholders should care about looming bank stress tests.
Bank of America, Citigroup Brace for Stress-Test Results
There is a $24 billion reason why Bank of America Corp. and Citigroup Inc. shareholders should care about looming bank stress tests.
Chipmaker Micron to Cut Jobs
Memory-chip maker Micron Technology Inc said it would implement a restructuring plan to lower costs by focusing on fewer projects, job cuts and other measures.
Chipmaker Micron to Cut Jobs
Memory-chip maker Micron Technology Inc said it would implement a restructuring plan to lower costs by focusing on fewer projects, job cuts and other measures.
ConAgra Reports Sales Miss on Weakened Demand
ConAgra Foods Inc on Thursday reported a 9.5 percent drop in quarterly net sales, missing analysts' estimates, as demand weakened for its consumer foods, which include Chef Boyardee pasta and Hunt's ketchup.
ConAgra Reports Sales Miss on Weakened Demand
ConAgra Foods Inc on Thursday reported a 9.5 percent drop in quarterly net sales, missing analysts' estimates, as demand weakened for its consumer foods, which include Chef Boyardee pasta and Hunt's ketchup.
Nike Stock Rallies Despite North America Sales Slowdown
Trevor Edwards, president of NIKE brand, said inventory levels are now “clean” heading into the new fiscal year, adding that the company is taking steps “to ensure that we are set up to deliver long-term profitable growth” in North America.
Nike Stock Rallies Despite North America Sales Slowdown
Trevor Edwards, president of NIKE brand, said inventory levels are now “clean” heading into the new fiscal year, adding that the company is taking steps “to ensure that we are set up to deliver long-term profitable growth” in North America.
Monsanto in Talks With Bayer, Others About 'Alternative Options'
Monsanto Co said on Wednesday it was in talks with Bayer AG and other companies regarding "alternative strategic options," a month after the U.S. seed producer rejected the German company's $62 billion takeover offer.
Monsanto in Talks With Bayer, Others About 'Alternative Options'
Monsanto Co said on Wednesday it was in talks with Bayer AG and other companies regarding "alternative strategic options," a month after the U.S. seed producer rejected the German company's $62 billion takeover offer.
General Mills 4Q Profit Beats Estimates as Costs Fall
General Mills Inc reported a better-than-expected quarterly profit, helped by cost cuts and higher demand in markets outside the United States, and the company forecast full-year earnings above analysts' expectations.














