Big earnings week

Citi is just the start of a big week for corporate earnings. More banks are due to report, along with a handful of blue chips, among them, Coca Cola, General Electric, Intel, Johnson & Johnson and Yahoo. Dominic Chu has a look ahead at what to expect and whether the results could further life the …

Stock futures rise; Citigroup and retail sales top expectations

U.S. stock-index futures rose on Monday after Citigroup reported quarterly earnings that topped analysts’ expectations and March retail sales rose 1.1 percent, also surpassing estimates. Citigroup gained after posting first-quarter earnings excluding items of $1.30 a share on $20.1 billion in revenue, compared to estimates of $1.14 a share on $19.36 billion in revenue. “The …

Bank earnings

There could be a lot more turmoil in the markets tomorrow. Two of the nation’s biggest banks report first quarter earnings: Wells Fargo and JP Morgan Chase. Kayla Tausche joins us with a preview of those closely-watched earnings releases and what investors will be looking for in those numbers.

Consumer staples

With the new earnings season kicking off, Wall Street will see how changing consumer tastes and buying habits impact revenues at same of the biggest names in consumer products and it may not be pretty.

Earnings season begins

Earnings season for corporate America has begun and tonight, investors got the first reading on quarterly earnings from the one-time Dow component Alcoa. The aluminum giant posted earnings that came in better than expected: 9 cents a share, compared to estimates of 5 cents and excluding charges for closing smelters. But revenues missed analyst estimates …

Earnings preview

As the market rallies, will earnings season be the next major hurdle for stocks? According to FactSet, first quarter profit warnings are already near record levels. FactSet’s Senior Analyst, John Butters puts it into context.


As winter fades to spring so will the ability of companies to keep using the weather as an excuse for weak performance. Blaming the snow, ice and freezing temperatures for softness in economic data and some high-profile earnings misses—such as Wednesday’s FedEx disappointment—has been easy money for Wall Street. Investors, in fact, have almost completely dismissed most …

Oracle disappoints Wall Street

Oracle reported disappointing earnings and revenue after the market close. The business software company earned 68 cents a shares, two cents below analyst estimates. Revenue came in around $9 billion, but that was also slightly shy of expectations. Oracle shares fell as much as five percent in after-hours trading. In the regular session they closed …


Oracle shares slumped Tuesday after the software maker posted earnings and revenue that fell shy of Wall Street estimates. The company posted earnings of 68 cents a share, excluding one-time items, on revenue of $9.32 billion. Analysts expected the enterprise software and computer hardware company to report earnings of 70 cents a share on revenue of …

Exxon Mobil sees less spending

Exxon Mobil disappointed investors with its oil and gas production outlook, but new production projects could re-energize growth at the world’s largest publicly traded energy company.

Best Buy surprises

Best Buy turned to a profit last quarter by cutting costs to offset declining sales.

J.C. Penney earnings

J.C. Penney reports a smaller loss than expected and says sales will improve. But have investors already lost faith in the company`s turnaround? Courtney Reagan reports.


Tonight on Nightly Business Report Macy’s and Home Depot say spring is the thing to look forward to, but one survey on housing says the best of the recovery may be behind us. Is the economy just in the winter doldrums or are there real problems ahead?

Not all retailers are created equal

It’s a big week for retail earnings, but just because Wal-Mart’s numbers were disappointing, doesn’t mean others will follow suit.

HP’s earnings beat

Hewlett-Packard posted an earnings beat and it appears that the tech titan is moving ahead with its turnaround efforts.