Turning point for Target?

Target cut its profit forecast as it is trying to win back customers and increase sales. But there may be a glimmer of hope in the retailer’s latest earnings report.

Home Depot’s profit surges

Another beneficiary of the housing recovery is Home Depot. As more Americans fixed up their homes and yards this spring, second quarter profits surged 14 percent.

Wal-Mart cuts outlook

Wal-Mart, The world’s biggest retailer disappointed investors by cutting its earnings guidance for the year.

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Retail earnings are a mixed bag yet again. Wal-Mart reported earnings in line with expectations, but it wasn’t a great report. Traffic was down 1.1 percent, though higher average ticket helped. Full year guidance got cut by 25 cents, or about 5 percent, with management citing higher U.S. healthcare costs and more investment in Web assets. Are people …

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Cisco turned in a solid report: beats on revenue ($12.4 billion vs. $12.14 billion expected) and earnings (55 cents vs. 53 cents). Revenue guidance was solid, though EPS was a little light. Gross margins held up. So why the angst? Beyond the headline numbers Wednesday, there was plenty of signs of turbulence. Cisco’s sales in emerging …

Macy’s earnings miss

Macy’s, considered one of the stronger names in retail, surprised Wall Street with an earnings miss and a weak sales outlook.

Justin Solomon | CNBC
Cisco sign at their campus in San Jose, Calif.

Cisco delivered quarterly earnings and revenue that surpassed analysts’ expectations on Wednesday. After the earnings announcement, the networking equipment giant’s shares rose more than 1 percent in after-hours trading. The company posted fiscal fourth-quarter earnings of 55 cents per share on $12.36 billion in sales. Analysts had expected the company to report earnings of 53 …

McDonald’s sales fall flat

McDonald’s sales fell flat in the last quarter, disappointing investors. So, what does the burger chain need to do to get cooking again? Sara Eisen reports for Nightly Business Report.

Disney posts strong earnings

Blowout earnings after the bell from Dow component Disney. Those encouraging results could set the tone for trading on Wednesday. Julia Boorstin spoke with Disney CEO Bob Iger and has her one big takeaway from Tonight’s earnings report.


One of the biggest drivers in the Dow this year has been Disney. Julia Boorstin takes a look at what investors should expect from the company’s latest quarterly earnings report.

Adam Jeffery | CNBC
The Time Warner Center in New York City.

When media giants Time Warner and Twenty-First Century Fox report earnings Wednesday, investors will listen for what their results might mean mean for a potential merger between the two. The quarterly reports—and their earnings calls—are a crucial opportunity for both companies to make their case to investors: Fox for buying Time Warner, Time Warner for staying independent. For Fox, …

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The Procter and Gamble baby care offices stand at P&G's headquarters in Cincinnati, Ohio,.

What’s wrong in Cincinnati? It’s been one year since A.G. Lafley rejoined Procter & Gamble—swooping in to replace Bob McDonald—four years after Lafley retired from the job. Lafley famously helped turn around the company when he joined in 2000 by focusing on innovation and later buying Gillette, and his return to the helm was expected to …

A wave of media earnings

A flood of media companies, including Time Warner Cable and DirecTV, will begin reporting second quarter earnings tomorrow. As the sector undergoes a wave of consolidation and transformation, Julia Boorstin take a look at what investors can expect from the results.

UPS cuts its outlook

It was a big earnings miss for UPS and the outlook wasn’t much better. Higher spending and increased costs caused the package delivery company to lower its profit forecast for the year.

Big pharma earnings

Two major pharmaceutical companies, both Dow components, posted quarterly profits which beat analysts’ predictions, but both stocks went in opposite directions as the companies look to find new areas of growth.