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Earnings Season

Great News For Goldman

Reuters | Posted 01.16.2013 | Business

Jan 16 (Reuters) - Goldman Sachs Group Inc said its fourth-quarter earnings nearly tripled, driven by big gains in stock and bond values, increased re...

Walmart's Bribery Likely Not Limited To Mexico

AP | ANNE D'INNOCENZIO | Posted 01.15.2013 | Business

NEW YORK — Wal-Mart Stores Inc. reported a 9 percent increase in net income for the third quarter, but revenue for the world's largest retailer ...

Good News For Them Is Good News For Everyone

Reuters | Posted 01.13.2013 | Business

* Earnings of 74 cents a share beat 70-cent Wall Street view * Sales rise nearly 5 percent, exceed analysts' estimates *...

A Gimmick Dies

AP | Posted 12.25.2012 | Business

ST. LOUIS (AP) — Build-A-Bear Workshop Inc.'s shares plunged Thursday after the toy retailer posted a third-quarter loss and said it would close up ...

Bring Out The Axe

Reuters | Posted 12.24.2012 | Business

(Repeats to additional subscribers. No change to text) * Q3 net profit 254 mln Sfr vs avg poll forecast 370 mln * Profit...

Dow Takes Huge Plunge On Weak Corporate Earnings

AP | CHRISTINA REXRODE | Posted 12.23.2012 | Business

NEW YORK — Nobody was expecting this round of corporate financial reports to be great. But underwhelming results – particularly revenue, w...

Corporate America Is Doing Terribly, But All Its CEOs Are Claiming 'We Made Good Progress'

Reuters | Posted 12.20.2012 | Business

* In latest 24 hours, most missed on revenue and/or profit * Most companies so far have missed on revenue estimates By B...

Stocks See Big Gains On Strong Earnings

Reuters | Posted 12.16.2012 | Business

* Goldman posts stronger-than-expected profit, stock slips * Johnson & Johnson increases profit view * Citigroup CEO Pan...

The Vampire Squid Is Doing Just Fine

AP | CHRISTINA REXRODE | Posted 12.16.2012 | Business

NEW YORK — Goldman Sachs turned in third-quarter earnings Tuesday that easily beat analysts' estimates, but the bank's mood seemed more cautious...

Looks Like JPMorgan Doesn't Have A Problem Making Money

AP | CHRISTINA REXRODE | Posted 12.12.2012 | Business

NEW YORK — JPMorgan Chase, the country's biggest bank, reported a record quarterly profit Friday, helped by a surge in mortgage refinancing. CEO...

Move Over Libor, Corporate Earnings Are Manipulated Too

Posted 10.10.2012 | Business

A warning to those following earnings season closely: Don't trust what you read. About 20 percent of companies “manage” their books to mischar...

Guess Who's Back? AIG's Profits More Than Double Last Year's

Reuters | Posted 07.03.2012 | Business

* EPS on operating basis $1.65 vs $1.12 expected by analysts * 1st-quarter net income of $1.71/shr, vs 31 cents in 2011 ...

Automaker Nets Big Profit

Reuters | Posted 06.25.2012 | Business

* Fiat earnings aided by strong Chrysler performance * Chrysler maintains 2012 guidance of $1.5 bln profit * To begin sa...

Wells Fargo's Profits Rise As It Set Aside Less Money For Bad Loans

Reuters | Posted 06.13.2012 | Business

* Wells Fargo reports higher Q1 profit * Q1 EPS 75 vs. 67 cents a year earlier * Results helped by mortgage results ...

Bailed Out Automaker Turns Record Profit

AP | TOM KRISHER | Posted 04.17.2012 | Business

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

Drug Giant's Profit Plunges After Introduction of Generic Lipitor

AP | LINDA A. JOHNSON | Posted 04.01.2012 | Business

Pfizer Inc.'s fourth-quarter profit fell by half because it sold less Lipitor, the cholesterol fighter that's the biggest drug ever to go off patent, ...

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

AP | PALLAVI GOGOI | Posted 03.20.2012 | Business

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...

Maker Of Miller Lite Sees Boost From Sales In Africa, Latin America

Reuters | Posted 03.20.2012 | Business

* Latin America and Africa lead beer volume rises * Europe and North America remain weak, Foster's down * Underlying tot...

Pay For Goldman Sachs Employees Has Little To Do With Performance

The Huffington Post | Alexander Eichler | Posted 01.23.2012 | Business

Goldman Sachs isn't likely to garner much public favor when it announces its earnings this week, as forecasts predict that the bank will boost the sha...

Ben Hallman

Big Bank's Profit Plunged Last Quarter

HuffingtonPost.com | Ben Hallman | Posted 03.14.2012 | Business

NEW YORK -- Wall Street earnings season kicked off Friday with JPMorgan Chase & Co. reporting its financials after a year in which the biggest consume...