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Earnings Preview of Retailers
The U.S. economy seems in better shape as well as job opportunities improving. Americans are spending more on consumer goods. Retailers are expecting good days ahead with strong earnings. Major… Read more
Top Stock Gainers Of The Week
The stock market continued the upward drive during last week because of optimistic news about U.S. economy and decline in unemployment claims. There was optimism prevailing that Greece would, in… Read more
GM Posts Record Profit On Lower Sales
They don’t call it Government Motors for nothing. In what has to be the most politically-motivated earning report in U. S. history GM (NYSE:GM) announced on Thursday that it made… Read more
GM Reports Highest Ever Profit
General Motors Co. which was reconstituted through bankruptcy and rescued by a government bailout just two years ago reported highest ever profit of $7.6 billion for 2011. The record profit… Read more
Nvidia Reduces its Outlook
NVIDIA Corporation (NASDAQ:NVDA) reduced its outlook for the current quarter in reaction to lower profit for the fourth quarter. The company reported the net profit of $116 million or earnings… Read more
Cliff Natural Reports Decline in Profitability
Cliffs Natural Resources Inc (NYSE:CLF) announced its financial results recently and reported a substantial decline in net profit for the fourth quarter. The company reported that its net profit for… Read more
Agilent Technologies Reports Increased in Net Profit
Agilent Technologies Inc (NYSE:A) recently announced its financial results and reported 19 percent increase in its net profit for the quarter. The company reported the net profit of $230 million… Read more
Nvidia Earnings Down 16% over 2010, Stock Slips
Sunnyvale-based GPU titan Nvidia reported earnings on Wednesday and neither they nor the market were happy with the results and where the business is going in 2012. Nvidia (NASDAQ:NVDA) posted… Read more
Vale: Profit Hit by Decline in Iron Ore Price
Vale announced a fall of 20% in net profit during fourth quarter as compared to last year due to reduction in the price of iron ore. The world’s second biggest… Read more
Boeing Closes Largest Order in Its History
The Boeing Company (NYSE:BA) recently announced its biggest order in its history. The company has received an order for 201 model 737 max jets and 29 model 737-900 extended range… Read more
Zynga Posts Big 4th Q Loss
While revenue rose 59% to $311 million, social gaming company Zynga (NSADAQ:ZNGA) posted a massive $1.22 per share loss in the 4th quarter of 2011, losing $435 million. By comparison… Read more
MetLife’s 4Q Profit Surges Due To Derivatives Earnings
America’s largest life insurer, MetLife announced that its fourth quarter profit increased due to earnings from derivatives. Company’s net income surged from $82 million to $1.16 billion or 5 cents… Read more
