Swiss central bank reports massive profit of 38 billion Swiss francs for 2014
The Swiss National Bank says it will report a profit of 38 billion Swiss francs (37.5 billion) for 2014 on gains in foreign currency and gold holdings.
Health insurer UnitedHealth expects 2015 earnings jump, smaller hit from health care overhaul
UnitedHealth Group forecasts double-digit earnings growth next year, as the nation's largest health insurer expects a smaller hit from the health care overhaul and a better performance from several parts of its business.
Genworth, Whole Foods, Kate Spade, Qualcomm and Tesla Motors are big market movers
Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Genworth Financial Inc., down $5.41 to $8.66 The financial services company reported a quarterly loss on higher costs, and the results fell short of Wall Street expectations.
MasterCard beats expectations in 3Q as Americans grow more willing to break out the plastic
MasterCard's third-quarter net income rose thanks to continued volume growth as Americans grow more confident about the economy and appear less hesitant to use credit cards.
Visa's 4Q net income falls 10 percent on one-time charge; Results top Wall Street forecasts
Visa Inc.'s profit fell about 10 percent in its fiscal fourth quarter, weighed down by one-time litigation expenses.
Health insurer Aetna tops Wall Street 3rd quarter estimates, raises 2014 forecast
Aetna became the latest major health insurer to thump analyst expectations for the third quarter and then raise its forecast for 2014.
Increased borrowing and spending helps send Discover's 3Q profit up nearly 9 percent
Discover Financial Services says its third-quarter net income increased nearly 9 percent to beat market expectations.
Morgan Stanley's earnings rise 93 percent, helped by trading, investment banking
Investment bank Morgan Stanley said Friday its third-quarter income nearly doubled from a year earlier, helped by strength in its institutional securities and wealth management divisions.
Loan-loss provision weighs on credit card company Capital One's 3Q profit; stock drops
A bigger buffer against loan losses weighed on Capital One Financial Corp.'s third-quarter earnings.
Insurer UnitedHealth tops 3rd quarter expectations, raises 2014 forecast
UnitedHealth Group's third-quarter earnings inched up 2 percent but that was enough to help the nation's largest health insurer trump Wall Street expectations and raise its 2014 forecast for the first time this year.
Citigroup to exit 11 markets, mostly in Latin America, as bank continues to reduce its size
Citigroup is announcing it will exit its retail banking business in 11 markets as part of its ongoing effort to restructure and slim down since the financial crisis.
As stocks pass a milestone, investors wonder if it's time to sell. The bull and bear cases
Is it time to cash out of stocks? The market has nearly tripled in a little over five years, and with each record close, the temptation grows to take your winnings and flee.
US bank earnings up 5.2 pct in 2Q as banks cut expenses; lending at fastest pace since 2007
U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007.
Elizabeth Arden to review tender offer by Rhone Capital
Elizabeth Arden Inc. said Wednesday that investment holdings affiliated with Rhone Capital L.L.C.
ICE 2nd-quarter profit increases 47 percent, beats forecast
IntercontinentalExchange Group's second-quarter profit climbed 47 percent and topped Wall Street expectations as it sold off assets that had belonged to the NYSE.
Report: BofA, DOJ Close to $17B Mortgage-Probe Settlement
The bank is reportedly close to a deal with the Justice Department to pay between $16 billion and $17 billion to resolve allegations of mortgage-related misconduct.
Hilton 2nd-quarter profit jumps 35 percent to $209 million, tops forecast
Hilton Worldwide Holdings Inc.'s (HLT) second-quarter earnings rose 35 percent and topped Wall Street expectations.
MasterCard second-quarter profit increases 9.8 percent, tops estimate
MasterCard Inc.'s second-quarter net income climbed 9.8 percent, topping analysts' expectations.
Barclays chief applauds claw-back idea on bonuses as income in its investment bank falls
The chief executive of Barclays says that claw-back provisions on bankers' bonuses are a good idea in principle as the Bank of England prepares to publish new rules to punish executives who misbehave.
American Express second-quarter profit increases 9 percent, tops estimate
American Express Co. (AXP) on Tuesday reported earnings that rose by 9 percent in its second quarter, and topped analysts' expectations.

