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A collection of news and information related to Earnings Forecasts published by this site and its partners.
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Bank earnings rise to 5-year high
The U.S. banking industry posted a $35.3-billion profit in the first quarter of the year, its best performance since 2007, the Federal Deposit Insurance Corp. said Thursday. The industry continued to recover from the financial crisis and deep recession,...Tags: Federal Deposit Insurance Corporation
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Bling takes a ding: Tiffany, Signet predict jewelry slowdown
Who wants to have breakfast, or a bauble, at Tiffany’s? Neither tourists nor traders, apparently. Luxury jewelry chain Tiffany & Co. slashed its forecast for the year, as did Kay and Jared owner Signet Jewelers. Investors were displeased, sending...Tags: Economy, Business and Finance, Credit Ratings, Companies and Corporations, Earnings, Google+
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Nervous investors are looking beyond positive U.S. economic signs
New home sales are up. The unemployment rate is falling. Companies are buying one another, signaling confidence in the economy. But investors are turning their back on positive economic signs, looking nervously at Europe's seemingly never-ending debt...Tags: Globalization, Eaton Corporation, Economy, Business and Finance, Personal Investing, Initial Public Offerings
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HP to cut 27,000 jobs
Hewlett-Packard Co., battered by declining profits and tech rivals with flashier hand-held devices, is slashing 27,000 jobs, or 8% of its workforce.
The Silicon Valley tech firm, one of the world's largest computer makers with nearly 325,000 employees,...Tags: Economy, Business and Finance, Layoffs and Downsizing, Companies and Corporations, Apple Inc., Morningstar Incorporated
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Eaton Corp. buying Cooper
CLEVELAND (AP) -- Eaton Corp.has agreed to purchase Cooper Industries PLC in a cash-and-stock deal valued at about $11.46 billion that is designed to expand its reach in the global electrical power and distribution industry. The deal announced Monday...Tags: Economy, Business and Finance, Eaton Corporation, Credit and Debt, Alexander M. Cutler, Cooper Industries Incorporated
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Wal-Mart posts 10.1% profit increase, possibly ending its struggles
Despite multiple corruption probes into its Mexican subsidiary, retail giantWal-Mart Stores Inc.reported first-quarter profits that exceeded Wall Street expectations as more shoppers returned to its U.S. stores. Analysts say that the 10.1% jump in...Tags: Walmart, Economy, Business and Finance, Corporate Crime, Companies and Corporations, Services and Shopping
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Sears swings to profit, shares soar
Tribune staff reporterShares of Sears Holdings Corp. rose nearly 10 percent Thursday as the company posted a first quarter profit and said it plans to spinoff part of its struggling Canadian business. Sears shares climbed nearly $5, or 9.75 percent, Thursday morning after the...Tags: Economy, Business and Finance, Science and Technology, Companies and Corporations, Services and Shopping, Electronic Devices
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Groupon reports narrower loss
Groupon Inc. narrowed its loss in the first quarter as revenue grew nearly 90%. The Chicago daily-deals company said Monday that it had a net loss of $11.7 million, or 2 cents a share, compared with a net loss of $146.5 million, or 48 cents, a year...Tags: Economy, Business and Finance, Companies and Corporations, Earnings, Quarterly or Semiannual Financial Statements, Groupon, Inc.
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Green Mountain stock plunges 48%
Green Mountain Coffee Roasters Inc. lost almost half its stock-market value Thursday after disappointing second-quarter results heightened concerns about the company’s growth prospects. Shares of the onetime market darling slumped 48%, sinking to...
Tags: Green Mountain Coffee Roasters, Inc., Economy, Business and Finance, Companies and Corporations, Keurig, Inc., K-Cups
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Report: German automakers defy analyst predictions by earning huge profits
Autoblog.comFiled under: Europe, Audi, BMW, Mercedes-Benz, Volkswagen, Earnings/FinancialsEurope's financial situation is, well, bad. So no one was surprised to see analysts' low expectations for German carmakers. But the numbers are out, and whaddya know? Three... -
Disney quarterly profit jumps 21% thanks to parks, TV advertising
In a positive sign for the state of the economy, the Walt Disney Co. said Tuesday that improvements in two of its most consumer-sensitive businesses — theme parks and television advertising — lifted the company to 21 percent profit growth...
Tags: Economy, Business and Finance, Services and Shopping, Satellite and Cable Service, Media Industry, Disney Cruise Line
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Accretive Health reports higher profit, may outsource consumer collections
Tribune staff reporterAccretive Health Inc. is in little danger of losing any of its customers and is considering doing away with its hospital debt collection, the company's chief executive said Wednesday. Accretive CEO Mary Tolan said farming out its consumer collection...Tags: Economy, Business and Finance, Health, Companies and Corporations, Hospitals and Clinics
May 24, 2012
|Story| Los Angeles Times
May 24, 2012
|Story| Los Angeles Times
May 24, 2012
|Story| Los Angeles Times
May 24, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| South Bend Tribune
May 18, 2012
|Story| Los Angeles Times
May 17, 2012
|Story| Chicago Tribune
May 14, 2012
|Story| Los Angeles Times
May 3, 2012
|Story| Los Angeles Times
May 7, 2012
|Blog| Autoblog.com
May 8, 2012
|Story| Orlando Sentinel
May 9, 2012
|Story| Chicago Tribune
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