| Feb 26, 2013
| 9:14 AM
Brick-and-mortar is not enough for Macy’s Inc. and Saks Inc.
It’s all about the so-called omni-channel shopping experience for both the department store chain and the luxury retailer. The tactic tries to lure consumers by offering buying...
| May 16, 2013
| 4:29 PM
Buoyed by the billion-dollar box-office blockbusters “Skyfall” and “The Hobbit: An Unexpected Journey,” MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., posted first-quarter net income of $57.4 million.
That was more...
| May 7, 2013
| 9:15 AM
The Dow Jones industrial average is on a tear with the rest of the stock market, but valuations on stock prices are still reasonable.
In a new report, research firm S&P Capital IQ argues that stocks are still fairly valued even though share prices...
| May 7, 2013
| 2:17 PM
Walt Disney Co. reported a massive jump in net income for its fiscal second quarter, lifted by the performance of its media networks, movie studio and theme parks.
The Burbank company posted net income of $1.51 billion for the quarter that ended March...
| Apr 29, 2013
| 1:44 PM
Los Angeles nutritional products company Herbalife Ltd. reported $1.1 billion in first-quarter sales and profit that soundly beat analysts' expectations and its own guidance.
The company reported earnings of $118.8 million, or $1.10 a share, up from...
| Apr 30, 2013
| 2:32 PM
DreamWorks Animation posted a nearly 40% drop in profit in the first quarter while revenue remained virtually flat. For the three months ended March 31, the Glendale studio posted net income of $5.6 million, or 7 cents a share, on revenue of $135 million....
| May 1, 2013
| 5:00 AM
DreamWorks Animation has a bunch of cavemen to thank for getting some fresh Wall Street love.
Analysts responded positively to news that the Glendale studio had scored with its prehistoric feature "The Croods," which helped drive first-quarter profit to...
| Apr 9, 2013
| 10:48 AM
Last summer's punishing drought in the Midwest caused Cargill's third-quarter earnings to sink 42% compared to the same period a year earlier, the Minneapolis-based company said Tuesday.
Cargill Inc., the largest closely held company in the U.S.,...
| Apr 11, 2013
| 12:20 PM
The KPMG insider trading scam was far more profitable than earlier known and went longer than thought.
Scott London, the disgraced ex-auditor from KPMG's office in Los Angeles, has been charged in a federal complaint with one count of conspiracy to...
| Jan 20, 2012
| 9:33 PM
Walt Disney Co. Chief Executive Bob Iger received nearly $31.4 million in total compensation last year, a 13.6% increase from 2010,...
| Jan 27, 2012
| 4:36 AM
Motorola Mobility sold 1-million tablets in 2011 -- only 200,000 of which were sold in the fourth quarter of the year, a quarter in which the company also reported an $80-million loss. The smartphone, tablet and consumer gadget focused half of Motorola...