Cisco Heads South as Earnings Fail to Silence Skeptics
Shares of Cisco Systems retreated 4% and were the worst performer on the Dow Industrials as investors fret over the tech giant’s disappointing orders and deteriorating margins.
IBM Reveals Mixed 4Q Results as Sales Slump
IBM revealed better-than-expected quarterly profits Tuesday. However, Big Blue's revenues trailed Wall Street's views.
Ciena Posts 4Q Miss as Costs Jump
Ciena slashed its 4Q loss but still missed Wall Street’s earnings view amid higher costs, sending shares down 4% Thursday.
Hewlett-Packard Spikes as 4Q Sales Fall Less Than Feared
Hewlett-Packard posted 4Q results after the bell Tuesday, handily topping Wall Street’s views. The tech giant earned $1.01 an adjusted share on revenue of $29.1 billion.
Network Gear Maker Ciena Soars After 3Q Beat, Upbeat Guidance
The network gear maker benefited from a meaningful increase in margins and stronger product sales.
Cisco Discloses Plans to Cut 4K Jobs After Slight 4Q EPS Beat
Cisco narrowly topped forecasts on Wednesday by posting an 18.4% jump in fiscal 4Q profits, but the tech company's revenue growth failed to impress investors and it disclosed plans to slash 4,000 jobs.
IBM's 2Q Net Sinks 17% as Global Growth Slows; FY Outlook Raised
Slowing economic growth helped fuel a 17% drop in Big Blue's second-quarter profits, but the company's adjusted earnings topped views and management raised its full-year outlook.
H-P 2Q Profit Tops Street View, But Sales Miss
Hewlett-Packard's adjusted profits exceeded expectations, sending its shares soaring 10% in extended trading.
Dell 1Q Net Tumbles 79% as PC Trouble Continues
The PC maker revealed a deeper-than-expected 79% plunge in first-quarter profits.
Cisco Soars 4% After 3Q Beat; CEO Sees 'Good Signs' in U.S., Overseas
The tech bellwether beat earnings and sales estimates and sounded an optimistic note about the future.
Market Selloff: It Could Get A Lot Uglier
The rout in U.S. stock markets deepened Wednesday and the only thing for certain is that it could get a lot uglier.
Goldman Sees Another Year of Flatlining Stocks
U.S. stocks will spend another year flatlining in 2016 as investors feel the impact of higher interest rates on stock valuations, according to a Goldman Sachs forecast.
First Niagara Slides as $800M Charge Leads to 3Q Loss; Dealing with Issue in Deposit Accounts
First Niagara Financial Group Inc.'s shares sank Friday after the bank took an $800 million charge that caused a quarterly loss and said it was dealing with a "process issue" with its deposit accounts.
Post-It Maker 3M's 3Q Net Income Up 6%
Diversified manufacturer 3M's third-quarter net income rose 6 percent on higher revenue across all divisions.
Weak Economic Data Slams Wall Street
Stocks pared significant losses Wednesday, but still closed deep in negative territory, as disappointing economic reports reignited growth worries.
Look to Earnings for Markets’ Direction
Stocks are up 30% over the past year, despite higher long term Treasury yields and earnings growth that averaged around 5% in the latest period.
Stronger Market Data Fees Lift ICE 3Q Profits 8%; NYSE Deal Nears Close
Helped by higher market data revenues, the IntercontinentalExchange posted an 8% increase in profit.
First Half of Earnings Season Leaves Investors Craving More
Results from the third-quarter earnings season highlight how the sluggish economy is making revenue growth difficult to sustain.
Buyouts Behind Nasdaq's 3Q Profit Growth of 27%
Nasdaq OMX Group reported a higher 3Q profit beating expectations, and helped by recent acquisitions and increased market data revenue.
Multinationals Set to Shine During 3Q Earnings Season
Thanks to Europe's economic comeback, multinationals are likely to be a bright spot this earnings season.














