SAN FRANCISCO -- Tibco Software Inc. said late Thursday that its fiscal first-quarter profit rose slightly to $5.6 million, or 3 cents a share, from $5.5 million, or 3 cents a share, in the year-ago period. Excluding one-time items, the ...Read More
Nov. 13 (Bloomberg) -- Abercrombie & Fitch Co., the U.S.teen-apparel retailer, rose to the highest level in 14 months inU.S. trading after third-quarter profit topped analysts’estimates. Abercrombie rose $3.92, or 11 percent, to $40.68 at 4 p.m.in New York Stock Exchange ...Read More
NEW YORK—Shares of the Walt Disney Co. got a boost Friday after the company posted a surprise 18 percent jump in its fiscal fourth-quarter profit and announced an executive job switch that might point to a successor to CEO Robert ...Read More
NEW YORK (AP) - Shares of the Walt Disney Co. got a boost Friday after the company posted a surprise 18 percent jump in its fiscal fourth-quarter profit and announced an executive job switch that might point to a successor ...Read More
Investors pushed back into the stock market a day after a slide as earnings reports boosted confidence about the pace of a recovery in the economy. Major stock indicators advanced about 1 percent, including the Dow Jones industrial average, which rose ...Read More
NEW YORK -Investors pushed back into the stock market a day after a slide as earnings reports boosted confidence about the pace of a recovery in the economy.
Reports from The Walt Disney Co. as well as retailers Abercrombie & Fitch ...Read More
NEW YORK—The sharp decline in U.S. video game sales the NPD Group reported Thursday were not surprising, and analysts widely expect sales to pick up in November. Tuesday's launch of Activision's "Call of Duty: Modern Warfare 2" and the upcoming "Assassin's ...Read More
* Walt Disney higher in premarket trading after Q4 results * JC Penney earnings top expectations * Reuters/U. Mich consumer sentiment expected to rise * For up-to-the-minute market news, click [STXNEWS/US] NEW YORK, Nov 13 (Reuters) - U.S. stock index futures roseon Friday after ...Read More
NEW ALBANY, Ohio — Preppy clothing seller Abercrombie & Fitch Co.'s third-quarter profit fell 39 percent as sales continued to be weak and the company worked to close its higher-priced Ruehl line, the company said Friday. Abercrombie & Fitch has seen ...Read More
Nov. 13 (Bloomberg) -- Sumitomo Mitsui Financial Group Inc.and Mizuho Financial Group Inc. beat analysts’ estimates forsecond-quarter profit on trading gains and lower bad-loan costs. Sumitomo Mitsui, Japan’s second-largest bank by marketvalue, more than doubled profit to 50.8 billion yen ($563million) ...Read More
Sony's PS3 continued to outpace Microsoft's Xbox 360 in October hardware sales according to US NPD Group data, though Microsoft cleaned up in top 10 software sales, claiming five slots and 44 percent of units total. The Wii took top ...Read More
Nov. 13 (Bloomberg) -- Sumitomo Mitsui Financial Group Inc.,Japan’s second-biggest bank by market value, more than doubledsecond-quarter profit as bad loan charges declined. Net income at the Tokyo-based company rose to 50.8billion yen ($563 million) in the three months ended Sept. ...Read More
Department store operator Nordstrom Inc. said Thursday that its profit rose 17 percent in the third quarter even though its costs were higher than expected as shoppers began spending more. The company raised its 2009 profit outlook to a range of ...Read More
Sales of video games and consoles in the U.S. fell 19% in October, putting the industry on pace to post a decline for 2009. Console sales crashed 23% to $380.7 million last month, from $497 million in October 2008. Game software ...Read More
SAN FRANCISCO (Reuters) - Sales of video game equipment and software in the United States tumbled 19 percent in October to $1.07 billion, research group NPD said on Thursday, as the industry continues to face headwinds in a difficult economy. Hardware ...Read More
LOS ANGELES (Reuters) - Walt Disney Co posted a larger-than-expected rise in both quarterly profit and revenue, as strong results from its cable business helped it overcome a disappointing stretch for its film studio.
Shares of Disney -- which earlier announced ...Read More
Walt Disney Co.'s (DIS) fiscal fourth-quarter profit grew 18% amid a merger-related gain while the company's network business reported strength thanks to cable channels ESPN and ABC Family. Shares gained 3.9% to $30.15 in after-hours trading as the entertainment and media ...Read More
NEW YORK—China Automotive Systems Inc., which makes power steering components, said Thursday that third-quarter profit rose sharply on a boost in sales of components for passenger vehicles. The shares rose $1.61, or 11 percent, to $16.23 in afternoon trading. The company, based ...Read More
SAN FRANCISCO (Reuters) - Wal-Mart Stores Inc expects an "extremely competitive" holiday shopping season, but its treasurer said on Thursday that weekly price cuts are driving consumers to its U.S. stores and Walmart.com is seeing "record hits" after it slashed ...Read More
NEW YORK - Wal-Mart Stores Inc. posted a 3.2 percent increase in third-quarter profit, helped by cost-cutting measures like slashing inventories, and raised its full-year earnings outlook.
But sales at U.S. stores open at least a year slipped, and the company ...Read More
