Posts Tagged ‘Earnings’

Zynga earnings fails to impress, drags down Facebook ahead of report

Zynga posted second-quarter financial results that significantly missed analysts’ estimates, which resulted for the company’s stock to fall by more than 40 percent in early after hours trade. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

The GAP gets its groove back with earnings uptick

After years of being accused of selling boring, understated, muted clothes, The Gap has got its grove on. The company late last week reported earnings of 47 cents a share, a penny ahead of estimates, and 17 percent better than the same period a year ago. Article © AHN – All Rights Reserved Economy, Business […]

Stocks end higher Friday on Europe hopes and strong earnings

Diane Alter – AHN News Reporter NYC, NY, United States (AHN) – The Dow Jones Industrial Average soared 2.3 percent, or 267.01 points on Friday ahead of a key euro zone summit over the weekend that investors hope will lead to a resolve to the euro zone sovereign debt crisis and was also buoyed by […]

High dollar dents CSL earnings

GLOBAL plasma therapies supplier CSL said full-year profit fell 11 per cent after it suffered a $116 million hit from currency rates. View full post on Business Stories

Apple’s Earnings Power Befuddles

The tech leader’s high-speed profit growth and share performance keep making analysts look bad View full post on Finance Stories

Correction: Nordstrom Profit Rises; Cuts FY11 Earnings Outlook

Corrects the first paragraph – deleting “earnings missed estimates by a penny” and as well correcting the headline regarding missing estimates. Rest all remain the same. View full post on Business Stories

Fifth Third Bancorp Posts Q4 Profit; To Repay TARP

Fifth Third Bancorp (FITB), Wednesday reported a profit for the fourth quarter as compared to a loss last year, on higher revenues. Earnings for the quarter came in ahead of Street estimates, while revenues came in line with expectations. View full post on Business Stories

Diamond Offshore Outperforms

Diamond reported better-than-expected third quarter 2010 earnings of $1.43 per share. View full post on Business Stories

Stocks Up As Citigroup Q3 Earnings, Homebuilders’ Confidence Rise

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – Improved homebuilders’ confidence in October and Citigroup’s $2.2 billion third quarter profit drove stocks up on Monday. The Dow Jones Industrial Average increased 81 points or 0.7 percent to close at 11,144. Bank of America was the top gainer. The Standard […]

Trading cautious ahead of US payroll and earnings reports

The dollar’s bounce from early losses has delivered a mini sell-off in the metals complex, and a positive tint in US economic data and company reports has precipitated a turnaround in stocks View full post on UK Business Stories