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Recent News Headlines : Annual Report
GENUINE PARTS TO BUY EUROPEAN PEER IN $2 BILLION DEAL
The deal will provide Genuine Parts entry into the European market, where Alliance Automotive is the second largest parts distributor, the company said... READ MORE›
HP ENTERPRISE REVENUE BEATS ON HIGHER DEMAND FOR NETWORKING DEVICES
Data center technology company Hewlett Packard Enterprise Co reported a better-than-expected quarterly revenue, helped by higher sales for its networking equipment... READ MORE›
CIBC BOOSTS DIVIDEND AFTER POSTING THIRD-QUARTER NET INCOME OF $1.1B
The Chicago-based wealth management firm cost CIBC about 5 billion US in cash and stock when the deal closed in June... READ MORE›
RALPH LAUREN'S STOCK UP AS PREPPY LABEL REINS IN DISCOUNTS
Ralph Lauren's adjusted gross margins rose 210 basis points to 63.2 percent in the first quarter ended July 1, helped by a double-digit decline in costs... READ MORE›
Trending News Headlines : Annual Report
APPLE IS KNOCKED OFF AS WORLD'S MOST VALUABLE BRAND
Meanwhile, Google's parent company Alphabet reported reported net income of 5.33 billion,A or 7.56 per share, for the fourth quarter... READ MORE›
JEFF BEZOS IS JUST $5 BILLION AWAY FROM BEING THE WORLD'S RICHEST PERSON
Amazon shares added almost 50 after the company projected sales that may beat estimates in the current quarter, furthering an unbroken 20-year streak of double-digit revenue growth... READ MORE›
BOFA RAISES FORECAST FOR INTEREST INCOME AS PROFIT CLIMBS 43%
Fixed-income trading revenue climbed to 1.96 billion, the company said in a statement, missing analysts' 2.1 billion average estimate... READ MORE›
SEAWORLD ATTENDANCE DOWN DESPITE DISCOUNTS
Attendance profit and revenue slipped in the second quarter for embattled amusement park operator SeaWorld Entertainment SEAS ... READ MORE›
5 QUESTIONS ABOUT THE NEW CANADA CHILD BENEFIT, ANSWERED
The key to maximizing the CCB lies in minimizing a household's net income... READ MORE›
BOFA POSTS SOLID GROWTH BOOSTED BY TRADING, RATES
Revenue from trading activities, excluding special items, rose 21.2 percent to 4 billion, helped by a 29 percent increase in fixed-income trading revenue... READ MORE›
BANK OF AMERICA BEATS ESTIMATES AS HIGHER RATES BOOST REVENUE
The bank's ratio of expenses to revenue was about 60 percent in the second quarter, down from 62.73 percent in the year-earlier period... READ MORE›
ALIBABA MISSES PROFIT FORECAST DESPITE 54 PERCENT SALES INCREASE
Mobile revenue was more than ten times higher than in the same period last year... READ MORE›
AUSTRALIAS TELSTRA FAILING TO PLUG EARNINGS HOLE WITH MYRIAD OF INVESTMENTS
In two tranches, Telstra spent 330 million buying 98 percent of Ooyala between 2012 and 2014... READ MORE›
ALIBABA QUARTERLY REVENUE DISAPPOINTS, SHARES FALL
Gross merchandise volume GMV, or the sum of all Alibaba's online commerce transactions, rose 49 percent to 127 billion... READ MORE›
HOME DEPOT PROFIT BEATS ESTIMATES AS U.S. JOB MARKET IMPROVES
8 percent in the United States, where Home Depot has more than 85 percent of its stores... READ MORE›
T-MOBILE QUARTERLY PROFIT UP, NEW SUBSCRIBERS TOP ESTIMATES
T-Mobile's net income rose to 698 million, or 80 cents per share, in the quarter ended March 31, from 479 million, or 56 cents per share, a year earlier... READ MORE›
LIBERAL MIDDLE CLASS TAX CUTS EXPECTED TO COST $100M MORE, PBO REPORT SAYS
The budget office's calculations, like those of the government, made assumptions on how people at different income levels might respond to the tax changes... READ MORE›
COMPANY BEHIND 'AMERICAN IDOL' FILES FOR BANKRUPTCY
Fuller, the company's top unsecured creditor, is owed 3.37 million, according to the Hollywood Reporter... READ MORE›
GOLDMAN SACHS PROFIT SOARS ON BOND TRADING AND CURTAILED COSTS
Goldman reported nearly 2 billion in revenue from trading fixed income, currency and commodities, making it the biggest contributor to overall revenue... READ MORE›
AMERICAN AIR THIRD-QUARTER PROFIT TOPS ESTIMATES; BUYING BACK MORE SHARES
American Airlines Group Inc AAL.O the world's largest carrier said on Friday its third-quarter profit jumped beating analysts expectations... READ MORE›
GE PROFIT TOPS VIEWS AS COST CUTS DRIVE MARGINS; SHARES UP
GE profit tops views as cost cuts drive margins shares up... READ MORE›
BEST BUY PROFIT DOUBLES AS U.S. SALES RISE
The company said net income attributable to shareholders rose to 107 million, or 30 cents per share, in the third quarter ended Nov... READ MORE›
COSTCO'S QUARTERLY PROFIT TOPS ESTIMATES ON TAX BENEFIT
The results include a tax benefit of 57 million, or 13 cents per share, in connection with the special cash, Costco said... READ MORE›
BANK OF AMERICA PROFIT FALLS 19.4 PERCENT AS INTEREST INCOME DROPS
Bank of America's adjusted trading revenue increased 11.7 percent to 3.70 billion in the quarter... READ MORE›
AMERICAN EXPRESS TO CUT MORE THAN 4,000 JOBS
American Express, which in recent years has been reining in costs to counter sluggish revenue growth, said expenses rose 3... READ MORE›
ORACLE PROFIT FORECAST FAILS TO IMPRESS; SHARES FALL
Oracle forecast third-quarter profit of about 63-66 cents per share, with revenue flat or up 3 percent which translates to 9.33 billion- 9.61 billion... READ MORE›
ADOBE REVENUE, PROFIT FORECAST MISS ESTIMATES, SHARES SLIP
Adobe's net income rose to 174.5 million, or 34 cents per share, in the third quarter, from 44.7 million, or 9 cents per share, a year earlier... READ MORE›
SPRINT QUARTERLY RESULTS MISS FORECASTS, SHARES FALL 7 PERCENT
Sprint shares slid 7 percent to 4.51 in afternoon trading on the New York Stock Exchange... READ MORE›
DISH NET INCOME TUMBLES IN 2015 AS SUBSCRIBERS DROP; SHARES SLUMP
MoffettNathanson analyst Craig Moffett estimated in a research note that Dish added 129,000 Sling TV subscribers and lost 141,000 television subscribers in the fourth quarter through Dec. 31... READ MORE›
CVS 2016 PROFIT FORECAST HURT BY HEALTHCARE PLANS, TARGET DEAL
Net income attributable to CVS rose 31.4 percent to 1.25 billion, or 1.11 per share... READ MORE›
ARM SHRUGS OFF SMARTPHONE SLOWDOWN AS NEWER DESIGNS WIN SHARE
Chief Financial Officer Chris Kennedy said that a 14 percent rise in revenue in the fourth quarter, ahead of expectations, was driven by strong royalties... READ MORE›
MARRIOTT VACATIONS WORLDWIDE SHARES PLUNGE
Marriott Vacations' Europe segment experienced a 1.2 million drop in similar sales, while the company's Asia Pacific segment had an equivalent decline of 0.9 million... READ MORE›
GOLDMAN SACHS' BOND-TRADING REVENUE PLUNGES 40 PERCENT
Total revenue, including net interest income, fell 0.6 percent to 7.89 billion... READ MORE›
*DING! CHINA'S GAMING INDUSTRY SEES FIRST-HALF GROWTH OF 27%
Chinas gaming industry market sales revenue amounted to 9978 billion yuan US1482 billion in the first half of 2017 a staggering 267 year-on-year increase according to a research report... READ MORE›