Earnings

How JPMorgan Is Trying To Make Up For That Huge Trading Loss

Reuters | Posted 05.29.2012

Read More: Earnings, JPMorgan Chase, Jpmorgan Trading Loss, Video, Securities, CEO Jamie Dimon, Reuters, London Whale, Securities and Exchange Commission, Business News

(Repeating item with no changes to headline or text) * JPMorgan sold estimated $25 billion in securities * Sales to prop...

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These High-Paying Jobs Don't Require A College Degree

The Huffington Post | Harry Bradford | Posted 05.17.2012

Read More: Earnings, Paychecks, Jobs No Degree, High Paying Jobs, Careercast, No Degree Jobs, High School Graduates, College Degree, Business News

It is a truth universally acknowledged, that you can still make a boatload of money without a college degree. You don't even have to be Mark Zukerb...

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Toyota's Bold Predicition

AP | YURI KAGEYAMA | Posted 05.09.2012

Read More: Earnings, Automakers, Quarterly Earnings, Video, Toyota, Japan Tsunami 2011, Automaker Earnings, Business News, Toyota Earnings, Toyota Sales, Toyota 1q Earnings 2012, Auto Industry, Business News

TOKYO -- Toyota's quarterly profit more than quadrupled to 121 billion yen ($1.5 billion), and the automaker gave upbeat forecasts as it recovers from...

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April Employment Showers

Max Fraad Wolff | Posted 05.08.2012

Read More: Elections 2012, Earnings, Jobs, April, Unemployment, Payroll, Productivity, Unemployment Rates, Business News

The first quarter of 2012 has been a wild ride. After an inexplicably strong late 2011 and early 2011 the flow of macro data has turned dramatically less encouraging.

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Oil Spill Still Weighing On BP

Reuters | Posted 05.02.2012

Read More: Bp, Earnings, Bp Earnings Q1 2012, Quarterly Earnings, Video, Bp Earnings, Oil Giants, Reuters, British Petroleum, Gulf Oil Spill Cleanup, Gulf Oil Spill, British Petroleum Oil Spill, BP Gulf Oil Spill, Business News

* Q1 replacement cost net ex one-offs $4.80 bln vs f'cast $5.10 bln * To sell 50,000 bbls/day output in Gulf of Mexico ...

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GE Profits Plunge

Reuters | Posted 04.21.2012

Read More: Earnings, Video, Profit, Revenue, Conglomerate, Reuters, Mortgage Crisis, Ireland, Jeff Immelt, Ge, General Electric Co, Business News

April 20 (Reuters) - General Electric Co posted an 11.6 percent decline in quarterly profit, weighed down by a charge for the company's exit of its ...

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Further Gains for the Banks?

Michael Farr | Posted 04.19.2012

Read More: Earnings, Banks, Bank Stocks, Credit Crisis, Economic Growth, Stocks, Business News

The dramatic rebound in bank stocks is a reflection of just how depressed the sector had become. So has the opportunity passed, or should we continue to expect outsized gains from the sector?

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Morgan Stanley Faces Loss Due To Accounting Charge

AP | CHRISTINA REXRODE | Posted 04.19.2012

Read More: Investment Banks, Earnings, Factset, Goldman Sachs, Video, Morgan Stanley, Ceo James Gorman, Wealth Management, Revenue, Accounting, Financial Planning, Investors, Business News

NEW YORK — Morgan Stanley reported earnings that far exceeded investors' forecasts Thursday, sending its stock higher even as the rest of the ma...

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BofA Sees Profits Plunge

Reuters | Posted 04.20.2012

Read More: Shares, Earnings, Debt, Video, Stock, Reuters, Bank of America, Banks, Accounting, Income, Business News

* Q1 EPS 3 cents vs 17 cents a year earlier * Accounting charges hurt results * Shares up 1.8 pct in early trading ...

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Don't Underestimate The Vampire Squid

AP | CHRISTINA REXRODE | Posted 04.17.2012

Read More: Earnings, Video, Dividend, Wall Street, Investment, Reuters, Trading Revenue, Banks, Goldman Sachs Group Inc, Business News

NEW YORK — On the surface, Goldman Sachs had a triumphant first quarter. By one popular measure, its profit more than doubled, and the bank anno...

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Big Bank Sees Profits Drop

Reuters | Posted 04.14.2012

Read More: Earnings, JPMorgan Chase, Video, Wall Street, Profits, Stock, Reuters, Banking, Banks, Income, Business News

* Net income $5.4 billion vs $5.6 billion year earlier * Q1 EPS $1.31 vs $1.28 year earlier April 13 (Reuters) - JPMorga...

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Cash-Strapped State Gets Enormous Reward For Google Investigation

AP | LAURA CRIMALDI | Posted 04.04.2012

Read More: Adwords, Google, Earnings, Internet, Video, Advertising, Drug Sales, Prescription Drugs, Department of Justice, Consumers, Rhode Island, Pharmacies, Ap, Business News

PROVIDENCE, Rhode Island (AP) — Rhode Island law enforcement agencies that participated in an investigation that resulted in Google Inc. forfeiting ...

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What The One Percent Majored In

The Huffington Post | Harry Bradford | Posted 03.12.2012

Read More: Earnings, 1 Percent, Wages, Median Earnings, College Majors, u.s. Census Bureau, American Community Survey, Median Pay, Business News

College graduates earn almost one million and a half dollars over the course of a 40 year career on average, compared to about half that for those wit...

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Automaker Rakes In Huge Profit

AP | Posted 02.24.2012

Read More: Earnings, Car Sales, Automakers, Porsche, Frankfurt, Video, Toyota, Cars, Revenues, Volkswagen AG, Auto Industry, Business News

BERLIN -- Automaker Volkswagen AG said Friday that its net earnings more than doubled last year as revenues grew by more than a quarter and the compan...

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Major Retailer CEO: $2.4 Billion Loss 'Unacceptable'

AP | ANNE D'INNOCENZIO AND MAE ANDERSON | Posted 04.24.2012

Read More: Earnings, Retailers, Sears, Sears-Closing-Stores, Quarterly Earnings, Video, Retail Sales, Sears Earnings 4q 2011, Sears Earnings, Sears Holdings Corp, Business News, Business News

NEW YORK — Sears said Thursday that it's unloading some of its profit-busting stores, but the retailer fell short of revealing how it plans to w...

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Bailed Out Automaker Turns Record Profit

AP | TOM KRISHER | Posted 04.17.2012

Read More: Earnings, Gm-Earnings, Video, Quarterly Earnings, Big Three Automakers, General Motors, Gm Earnings 4q 2011, Earnings Season, Business News, Auto Industry, Business News

DETROIT — Just two years after it was rescued and reconstituted through bankruptcy and a government bailout, General Motors Co. cruised through ...

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Toyota Sees Big Profit Boost

Reuters | Posted 04.07.2012

Read More: Automakers, Earnings, Video, Quarterly Earnings, Toyota, Reuters, Business News, Toyota Earnings, Auto Industry, Toyota Earnings q3 2011, Business News

TOKYO, Feb 7 (Reuters) - Toyota Motor Corp reported on Tuesday a forecast-beating 51 percent rise in quarterly operating profit, defying the impact...

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An Illusory Holiday Shopping Season: Americans Spent Less In December

HuffingtonPost.com | Bonnie Kavoussi | Posted 01.30.2012

Read More: Earnings, U.S. Economy, Video, Holiday Shopping, Economic Indicators, Economy, Spending, Holiday Shopping Season, Holiday Shopping 2011, Consumer Spending, Income, Business News

The boost that the holiday shopping season was supposed to have given the economy proved to be mostly an illusion. Consumer spending actually decli...

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After Loss Last Year, BofA Took Home $2 Billion In Profit

AP | PALLAVI GOGOI | Posted 03.20.2012

Read More: Earnings, Quarterly Earnings, Video, Bank of America Earnings, Bank of America Profits, Earnings Season, Bank of America, Business News, Big Banks Profits, Bank of America Earnings 4q 2011, Bank Earnings, Business News

NEW YORK — Bank of America is back to basics – slimmed down, stripped of its swagger and no longer the biggest bank in the country. And in...

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Big Bank Sees Profit Drop On Lower Investment Banking Income

AP | PALLAVI GOGOI | Posted 03.18.2012

Read More: Citigroup 4q Earnings 2011, Earnings, Citigroup CEO, Quarterly Earnings, Video, Citigroup Inc, Citigroup Earnings, Citigroup Earnings Drop, Business News, Corporate Earnings, Big-Bank-Earnings, Citigroup, Business News

NEW YORK — Citigroup has a world of problems. The bank is proud of its global reach – 1,400 branches in 46 countries. But in Asia, the ec...

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Wells Fargo Sees Profit Boost, As Bank Set Aside Less To Cover Bad Loans

Reuters | Posted 03.18.2012

Read More: Earnings, Quarterly Earnings, Video, Wells Fargo, Reuters, Business News, Corporate Earnings, Wells Fargo Earnings, Wells Fargo 4q 2011 Earnings, Big-Bank-Earnings, Business News

* Q4 EPS 73 cents per share vs. 61 cents a year ago * Bank set aside less money for bad loans * Wells posts 2 percent co...

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Housing Bust Continues To Haunt Big Banks

AP | By PALLAVI GOGOI | Posted 01.14.2012

NEW YORK -- The economy may be healing, but banks are suffering from a housing hangover. JPMorgan Chase spent $3.2 billion last year to fight lawsuit...

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After Loss In Book Sales, Huge Bookseller Plans To Invest More In Digital

AP | By MAE ANDERSON | Posted 12.01.2011

Read More: Earnings, Quarterly Earnings, Video, Barnes and Noble 3q 2011 Earnings, Barnes and Noble Nook, Quarterly-Earnings-Reports, Barnes and Noble, Barnes and Noble Earnings, Business News

NEW YORK -- Barnes & Noble Inc. said Thursday it plans to invest more heavily in its Nook e-book reader and digital media, even as it reported a third...

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Drug Giant Beats Profit, Sales Forecasts

Posted 01.01.2012

Read More: Big Pharma, Earnings, Pharmaceutical Industry, Quarterly Earnings, Video, Drug Companies, Pfizer Earnings 2011, Business News, Pfizer, Corporate Earnings, Business News

Pfizer Inc reported better-than-expected quarterly results, helped by sales growth of its prescription drugs in emerging markets and its animal he...

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Shell Profits Double, As Oil Giant Rakes In Billions

AP | By TOBY STERLING | Posted 12.27.2011

Read More: Earnings, Video, Quarterly Earnings, Oil Industry, Business News, Shell Profits, Shell Profit Third Quarter 2011, Shell Oil, Oil Industry Profits, Business News

AMSTERDAM -- Royal Dutch Shell PLC, Europe's largest oil company, says profits doubled to nearly $7 billion in the third quarter because of higher oil...

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