J.C. Penney Q2 Loss Narrows, Results Beat View

Fri, 14 Aug 2015 13:48:45 GMT : Department store chain J.C. Penney Co. Inc. on Friday reported a loss for the second quarter that narrowed from last year, driven by higher sales and improved margins. Loss per share for the quarter was narrower than analysts' expectations and revenues beat their estimates.

J. C. Penney Posts Narrower Loss In Q2; Same Store Sales Up 4.1 % - Quick Facts

Fri, 14 Aug 2015 12:56:45 GMT : J. C. Penney Company, Inc. (JCP) reported a second quarter net loss of $138 million or $0.45 per share, compared to a loss of $172 million or $0.56 per share, prior year. Adjusted loss per share was $0.41, for the quarter.

E*Trade Financial July Daily Average Revenue Trades Down 3% From Last Year

Fri, 14 Aug 2015 12:18:43 GMT : E*Trade Financial Corp. (ETFC) said its Daily Average Revenue Trades or DARTs for July were 149,283, up 7 percent from June and down 3 percent from the year-ago period.

Applied Materials Profit In Line; Details Weak Q4

Thu, 13 Aug 2015 23:14:06 GMT : Semiconductor equipment maker Applied Materials reported a higher third-quarter profit, driven by a 10 percent increase in sales, partly offset by lower margins. However, quarterly earnings came in line with Wall Street estimates, while sales missed expectations.

Nordstrom Results Top Estimates

Thu, 13 Aug 2015 22:15:44 GMT : Nordstrom Inc. said Thursday after the markets closed that its second quarter profit rose 15% from last year, helped by higher revenue and a gain on reclassification of receivables related to the pending sale of its U.S. credit card portfolio. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.

Advance Auto Parts Q2 Profit Beats View; Affirms 2015 Earnings Outlook

Thu, 13 Aug 2015 13:24:41 GMT : Auto parts retailer Advance Auto Parts, Inc. (AAP) on Thursday reported an 8 percent increase in profit for the second quarter from last year on higher revenues that were driven by the addition of new stores and increase in comparable store sales.

Kohl's Q2 Results Miss Estimates

Thu, 13 Aug 2015 12:11:24 GMT : Specialty department store chain Kohl's Corp. reported Thursday a profit for the second quarter that decreased 44 percent from last year, despite a slight sales growth, reflecting lower operating margins and loss on extinguishment of debt. Comparable store sales edged up 0.1 percent. Both adjusted earnings per share and quarterly sales missed analysts' expectations.

Kohl's Q2 Net Income Decreases - Quick Facts

Thu, 13 Aug 2015 11:17:33 GMT : Kohl's Corp. (KSS) reported second-quarter net income of $130 million or $0.66 per share, compared to $232 million or $1.13 per share, prior year. Excluding loss on extinguishment of debt, net income was $211 million or $1.07 per share, for the quarter.

Air Berlin Reports Loss In Q2

Thu, 13 Aug 2015 09:00:08 GMT : German airline Air Berlin Plc reported Thursday a loss for the second quarter compared to a profit last year, that reflected a decline in ticket revenue. The company's outlook for the second half remains positive, expecting significant improvements in yield, capacity utilisation and Revenue per Available Seat-Kilometer.

ThyssenKrupp, Salzgitter Post Improved Earnings, Backs FY15 View; Stock Up

Thu, 13 Aug 2015 07:56:13 GMT : Shares of German steel giant ThyssenKrupp AG and its domestic rival Salzgitter AG were gaining in the early morning trading in Germany after the companies reported significant improvement in its quarterly earnings. Both the companies also backed their full-year forecast.

Nestle H1 Profit Declines

Thu, 13 Aug 2015 07:37:37 GMT : Swiss foods giant Nestle SA reported Thursday decreased profit for the first half of 2015, reflecting a sales drop amid the negative impact of foreign exchange rate. Nestle also confirmed its organic growth outlook for the full-year 2015.

Salzgitter Swings To Q2 Profit, Affirms 2015 Outlook - Quick Facts

Thu, 13 Aug 2015 05:58:50 GMT : German steel firm Salzgitter AG (SZGPF, SZGPY) reported net income for the second quarter of 8.6 million euros, compared to a net loss of 2.6 million euros in the prior-year quarter.

ThyssenKrupp Q3 Profit Soars - Quick Facts

Thu, 13 Aug 2015 05:19:06 GMT : German steel giant ThyssenKrupp AG (TYEKF.PK) reported Thursday that profit attributable to stockholders was 199 million euros for the third quarter, sharply higher than 40 million euros in the prior-year quarter.

News Corp Profit Tops Estimates; Revenue Drops

Wed, 12 Aug 2015 21:52:09 GMT : News Corp shares gained 4% after it reported better-than-expected fourth-quarter earnings, despite a slump in ad revenues and pressures from a stronger dollar, as its digital real estate and book publishing businesses thrived.

Cisco Results Top Estimates

Wed, 12 Aug 2015 21:48:54 GMT : Cisco Systems, Inc., the world's largest computer networking gear maker, said Wednesday after the markets closed that its fourth quarter profit rose 3.2% from last year, helped by higher revenue and improved gross margin. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.

Cisco Q4 Profit Tops Estimates - Quick Facts

Wed, 12 Aug 2015 20:23:58 GMT : Cisco (CSCO), the worldwide leader in networking that transforms how people connect, communicate and collaborate, reported fourth quarter net income of $2.32 billion or $0.45 per share, compared to $2.25 billion or $0.43 per share, last year. Non-GAAP net income was $3.0 billion or $0.59 per share, for the quarter.

Macy's Q2 Results Miss View; To Form JV With Fung Retailing

Wed, 12 Aug 2015 13:42:06 GMT : Department store chain Macy's, Inc. on Wednesday reported a 26 percent decline in profit for the second quarter, reflecting lower sales and margins that were impacted by a strong U.S. dollar and the West Coast ports strikes. Both revenue and earnings per share missed analysts' expectations. For fiscal 2015, Macy's reiterated its earnings outlook, but lowered its sales growth guidance.

Balfour Beatty Loss Widens; Stock Down

Wed, 12 Aug 2015 08:16:54 GMT : Shares of Balfour Beatty plc were losing around 2 percent in the morning trading in London after the infrastructure firm reported a wider loss in its first half, reflecting lower revenues amid weak performance in UK and the US.

E.ON H1 Earnings Drop; Backs Annual Outlook

Wed, 12 Aug 2015 07:43:53 GMT : German utility E.ON AG (EONGY.PK) Wednesday said its first-half profit declined as expected, hit by low power prices and volatile oil prices. For the full year, the company backed its earnings forecast.

Henkel Q2 Profit Rises; Backs 2015 Growth Forecast

Wed, 12 Aug 2015 06:49:48 GMT : German consumer goods maker Henkel AG & Co. KGaA reported Wednesday a profit for the second quarter that grew 18 percent from last year, reflecting strong double-digit sales growth aided by positive foreign exchange impact. The company also confirmed its earnings and sales growth guidance for the full-year 2015.

American Apparel Warns About Insufficient Funds, Sees Wider Q2 Loss

Wed, 12 Aug 2015 04:28:33 GMT : Beleaguered branded apparel maker American Apparel Inc. (APP) said Tuesday that it does not expect to have sufficient financing commitments to meet funding requirements for the next twelve months, without raising additional capital or entering into some other financing.

CSC Profit Top Estimates; To Buy Fixnetix, Fruition Partners

Tue, 11 Aug 2015 21:39:42 GMT : Computer Sciences Corp reported a better-than-expected increase in first-quarter profit, driven by margins that offset a near 15 percent drop in revenue. CSC reaffirmed its earnings guidance for 2016, and said it has agreed to buy Fixnetix, a provider of front-office managed trading solutions in capital markets...

International Game Technology Q2 Adj Profit Tops View, But Revenues Miss

Tue, 11 Aug 2015 13:09:13 GMT : Slot machine maker International Game Technology plc reported Tuesday a net loss for the second quarter compared to a profit last year, despite strong double-digit revenue growth, hurt by higher charges and adverse foreign exchange impact. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed their estimates.

Prudential H1 Profit Rises On Asia, UK Strength

Tue, 11 Aug 2015 10:42:30 GMT : UK-based insurer Prudential Plc. reported Tuesday higher profit in its first half, as sales were benefited by improved performance in Asia and the UK, despite weak sales in the U.S.

Kraft, Heinz Sales Fall; Integration Efforts Apace

Mon, 10 Aug 2015 22:31:42 GMT : Kraft Heinz, the merged business of packaged foods maker Kraft Foods and ketchup maker H.J. Heinz, on Monday reported lower sales at both divisions, hurt by factors ranging from lower beverage sales and pricing pressures to a stronger dollar and weak European demand.

Take-Two Adj. Profit Misses Estimate

Mon, 10 Aug 2015 22:03:13 GMT : Video-game publisher Take-Two Interactive Software, Inc. said Monday after the markets closed that its first quarter loss widened from last year, as sharply higher costs more than offset a more than two-fold jump in revenue. The company's quarterly earnings per share, excluding items, also came in below analysts' expectations, but its quarterly adjusted revenue beat analysts' forecast.

Vipshop Holdings Q2 Profit Rises

Mon, 10 Aug 2015 21:45:04 GMT : Chinese online discount retailer Vipshop Holdings Ltd (VIPS) reported second-quarter profit rose to 399.3 million yuan or 0.66 yuan per ADS from last year's profit of 161.5 million yuan or 0.27 yuan per ADS last year.

Hertz Global Holdings Q2 Profit Down

Mon, 10 Aug 2015 21:37:15 GMT : Hertz Global Holdings, Inc. (HTZ) Monday reported second-quarter net income of $23 million or $0.05 per share, down from $72 million or $0.15 per share reported last year.

51job Q2 Profit Rises

Mon, 10 Aug 2015 21:31:33 GMT : 51job Inc (JOBS) Monday reported second-quarter net income of 136.95 million yuan or 2.33 yuan per share, up from 51.96 million yuan or 0.86 yuan per share last year.

Take-Two Interactive Q1 Profit Misses Estimates; Non-GAAP Net Revenue Up 142%

Mon, 10 Aug 2015 20:26:58 GMT : Take-Two Interactive Software, Inc. (TTWO) reported a first quarter net loss of $67.0 million, or $0.81 per share, compared to a loss of $35.4 million, or $0.45 per share, for the year-ago period. The company noted that its GAAP results for first quarter 2016 reflect the deferral of net revenue and cost of goods sold related to sell-in of certain titles during the quarter. Non-GAAP net income was $34.2 million, or $0.31 per share, for the quarter.