Swiss drug maker Novartis posts 45 percent 3Q profit rise
Swiss pharmaceutical giant Novartis AG has posted a 45 percent rise in net profit in the third quarter, boosted by strong sales of new products such as Gilenya for multiple sclerosis and the leukemia drug Tasigna.
Amgen beats 3Q net income and revenue expectations despite $376M in restructuring costs
Amgen announced Monday that its earnings fell in the third quarter on charges from an ongoing restructuring effort, but the biotech drugmaker's adjusted results still surpassed Wall Street.
Ford profit fall in third quarter on costs for launching new F-150
Ford's new aluminum-sided F-150 will be a lot lighter and more efficient when it goes on sale later this year.
General Motors 3Q profit nearly doubles on strong performance in N. America, China
General Motors says its third-quarter profit nearly doubled as strong earnings in North America and China outweighed struggles in Europe and South America.
Philip Morris Int'l 3Q profit falls 8 pct on lower cigarette sales, unfavorable exchange rates
Philip Morris International's third-quarter profit dropped 8 percent as cigarette sales fell in the overseas markets that it serves and it was hurt by foreign exchange rates for the U.S. dollar.
Tesla, PepsiCo, Ventas and Symantec are big market movers
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE PepsiCo Inc., up $1.08 to $94.65 The soda and snack maker's stock extended its gains after it reported a rise in third-quarter profit earlier this week.
Best Buy beats 2nd-quarter net income expectations, misses revenue forecasts
Best Buy Co. (BBY) on Tuesday reported fiscal second-quarter earnings of $146 million.
Wal-Mart 2Q profit rises roughly 1 percent
Wal-Mart Stores Inc. (WMT) on Thursday eked out a 0.6 percent profit increase in its fiscal second quarter.
SeaWorld, Macy's, King Digital, Deere, and Amazon are big market movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE SeaWorld Entertainment Inc., down $9.25 to $18.90 The theme park and entertainment company reported worse-than-expected quarterly financial results and cut its full-year guidance.
Kinder Morgan, Dean Foods, Chiquita, Priceline, and MannKind are big market movers
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Kinder Morgan Inc., up $3.25 to $39.37 The energy company will combine a group of oil and gas companies that it controls, but which are currently traded separately.
News Corp. 4th quarter swings to a profit but results miss expectations
Media company News Corp. said Thursday its fiscal fourth-quarter net income swung to a profit as the company completed its first full year as a stand-alone print-focused business.
Business events and economic reports scheduled for the coming week
All times are Eastern TUESDAY, Aug. 12 WASHINGTON — Labor Department releases job openings and labor turnover survey for June, 10 a.m.; Treasury releases federal budget for July, 2 p.m.
Bally Technologies, LinkedIn, Procter & Gamble, and Tesla are big market movers
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Bally Technologies Inc., up $17.53 to $77.70 The gambling equipment maker is being bought by rival Scientific Games Corp. in a deal worth $5.1 billion, including debt.
Tesla posts bigger 2Q loss, beats estimate
Tesla Motors Inc. (TSLA) on Thursday reported a wider loss in its second quarter, and beat analysts' expectations.
Kellogg 2nd-quarter profit falls 16 percent
Kellogg Co. (K) on Thursday reported net income that declined by 16 percent in its second quarter.
Drug maker Sanofi ups earnings guidance as 2nd quarter profit surges
French drug maker Sanofi said Thursday its earnings soared in the second quarter thanks to lower accounting charges than a year earlier, and the company lifted it full-year profit forecast.
Drop in e-cigarette sales hurts Lorillard's 2nd-quarter profit
Lorillard Inc.'s profit fell 4.2 percent in the second quarter from a year ago as sales of its electronic cigarettes dropped.
UPS 2Q profit falls 58 percent, misses estimate
United Parcel Service Inc. (UPS) on Tuesday reported net income that declined by 58 percent in its second quarter, and missed analysts' expectations.
Under Armour 2nd-quarter profit edges up, raises full-year guidance, shares rally
Athletic clothing gear maker Under Armour said Thursday its second-quarter net income edged up less than 1 percent, hurt by marketing and new product expenses.
General Motors 2Q profit falls 85 pct., drained by massive recall costs
General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.
