Company Earnings - Page 10

Reuters - Coca-Cola Co. posted a better-than-expected quarterly profit on Tuesday, as the continued roll-out of Coke Zero helped boost sales in many countries.

FT.com - Wall Street stocks maintained their upward trajectory on Tuesday as investors cheered solid corporate earnings and softer-than-expected inflation data. More Info...  

AP - Charles Schwab Corp. posted its eighth consecutive quarter of double-digit earnings growth as an influx of customer deposits during the first three months of the year helped the discount broker shake off turbulent market conditions. More Info...  

AP - EMC Corp. said Tuesday its first-quarter profit rose nearly 15 percent as the data storage vendor reported surging growth in Asia and strong sales of software that helps companies manage information flow. More Info...  

AP - Online brokerage TD Ameritrade Holding Corp. said Tuesday its second-quarter earnings dropped 18 percent, compared to the year-ago period which was helped by a one-time gain. More Info...  

AP - American Greetings Corp., which has been trimming down to be more focused on its core greeting cards business, said Tuesday it swung to a fourth-quarter loss, due to charges related to the sale of a business and store closings. More Info...  

Reuters - EMC Corp. , the top maker of corporate data storage equipment, on Tuesday reported higher first-quarter profit, spurred by growth in software sales and its Asia business, sending its shares up 3 percent. More Info...  

Earnings News

AP - Despite strong growth in revenue, profit at Citigroup Inc. fell 11 percent in the first quarter as the nation's largest financial institution took a charge to cover a massive restructuring aimed at improving earnings.

Reuters - Fair Isaac Corp. , whose "FICO" credit scores are used by millions of Americans to obtain mortgages and other loans, on Monday cut its quarterly profit and revenue forecasts, sending its shares down more than 10 percent after hours. More Info...  

AP - Mattel Inc. reported lower first-quarter profit Monday but beat Wall Street revenue expectations with strong sales, despite a decline in demand for Barbie dolls in the U.S. More Info...  

Reuters - Diversified manufacturer Eaton Corp. posted a better-than-expected 12.5 percent first-quarter profit gain on strong demand across its businesses and raised its full-year outlook on Monday, sending its shares to an all-time high. More Info...  

AP - Pharmaceuticals maker Eli Lilly and Co. said Monday its first-quarter earnings slid 39 percent, hurt by charges related to restructuring and an acquisition. But the results exceeded Wall Street forecasts, and the company boosted its full-year financial targets. More Info...  

Reuters - Eli Lilly and Co. reported better-than-expected first-quarter profit on Monday amid surging demand for depression treatment Cymbalta and higher sales of other drugs, sending its shares up 2 percent. More Info...  

AP - Wachovia Corp. said Monday its first-quarter earnings rose 33 percent, helped by growth in lending income and the acquisition of Golden West Financial Corp. More Info...  

FT.com - Wall Street moved slightly higher on Monday, as several earnings results arrived ahead of expectations and Sallie Mae, the student loan lender, agreed to a $25bn buyout. More Info...  

Reuters - Mattel Inc. posted better-than-expected first-quarter results on Monday as sales of Hot Wheels rose and increased global demand for the Barbie line offset a dip in the United States. More Info...  

FT.com - Wall Street was set for a higher start on Monday, as several earnings results arrived ahead of expectations and Sallie Mae, the student loan lender, agreed to a $25bn buyout. More Info...  

AP - China Construction Bank, the country's biggest property lender, reported a 2 percent decline in net profit last year following the loss of a tax concession related to its restructuring the year before. More Info...  

AP - As anxiety intensifies over rising inflation and the pace of economic growth, Wall Street is hungry for more information. This week, it'll have a lot to chew on.

Earnings News

AP - As anxiety intensifies over rising inflation and the pace of economic growth, Wall Street is hungry for more information. This week, it'll have a lot to chew on.