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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: Companies and Corporations, New Products, Earnings Forecasts, Credit Ratings, Economy, Business and Finance
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Best Buy profit falls, but it beats expectations
Best Buy Co. said Tuesday that its fiscal first-quarter profit dropped 26% on restructuring charges as the struggling electronics retailer began implementing a turnaround plan.
Its adjusted earnings and revenue both topped Wall Street's expectations....Tags: Best Buy Company Inc., Companies and Corporations, Earnings Forecasts, China, Science and Technology
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Lowe's profit rises 14% in first quarter, but it cuts 2012 outlook
Lowe's Cos.' first-quarter profit climbed 14% as warmer weather helped boost sales earlier in the quarter. But the world's second-biggest home-improvement company lowered its full-year earnings forecast on Monday, saying it's still cautious because of the...Tags: The Home Depot, Earnings Forecasts, Groceries, Services and Shopping, Lowe's Companies Inc.
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Walt Disney profit jumps 21% despite 'John Carter' flop
Overcoming its disastrous film flop "John Carter," Walt Disney Co. reported strong quarterly earnings, helped by robust television and theme park income, and forecast a rosy future with plans for a sequel to its current hit, "The Avengers."
Disney posted...Tags: Japan Earthquake and Tsunami (2011), Pretty Little Liars (tv program), Companies and Corporations, Walt Disney, John Carter (movie)
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Activision's first-quarter profit and revenue beat forecasts
Continuing its uncanny ability to surf from one blockbuster hit to another, Activision Blizzard Inc. posted first-quarter revenue and profit that exceeded Wall Street's expectations, thanks in large part to the success of Skylanders: Spyro's Adventure,...Tags: Gaming, Companies and Corporations, Toy Industry, Earnings Forecasts, Entertainment
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Macy's earnings jump 38%
Macy's Inc. reported a 38 percent increase in its first-quarter profit as the department store chain continues to reap benefits from its move to tailor its fashions to local markets.
The results disclosed Wednesday beat Wall Street's expectations. But...Tags: Prices, Macy's, JC Penney Company Inc., Quarterly or Semiannual Financial Statements, Earnings Forecasts
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Disney reports strong second quarter 2012 results
Company TownThe Walt Disney Co. reported a 21% jump in net income for the quarter, as the strong performance of the television business and at the theme parks more than offset losses at the film studio.... -
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: Gap Inc., Corporate Crime, Companies and Corporations, JC Penney Company Inc., Earnings Forecasts
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Gap profit flat but outlook bright, shares rise
Sales gains at its Old Navy, Gap and Banana Republic chains and online helped clothing seller Gap Inc. overcome rising costs and post first-quarter net income on Thursday that was unchanged from a year earlier. The company raised its guidance for the...Tags: Gap Inc., Companies and Corporations, Earnings Forecasts, Old Navy, Banana Republic
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Target posts 1.2% profit increase, raises outlook
Target Corp. raised its profit outlook Wednesday after reporting better-than-expected first-quarter results that were boosted by increased spending on food and cheap-chic fashions.
Like most retailers, Target has sought to find ways to lure cautious U.S....Tags: Target Brands, Inc., Earnings Forecasts, Gregg Steinhafel
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News Corp. reports 47% jump in third-quarter earnings
Company TownRupert Murdoch's News Corp. reported a 47% jump in net income in its third quarter, buoyed by strong performances from its cable and film groups.... -
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: Groupon, Inc., Companies and Corporations, Thomson Corporation, Quarterly or Semiannual Financial Statements, Earnings Forecasts
May 24, 2012
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May 22, 2012
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May 21, 2012
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May 8, 2012
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May 10, 2012
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May 9, 2012
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May 8, 2012
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May 18, 2012
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May 17, 2012
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May 16, 2012
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May 9, 2012
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May 14, 2012
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