| Nov 7, 2013
| 2:34 PM
Walt Disney Co. reported a 12% increase in net income for its fiscal fourth quarter, lifted by the performance of its consumer products, studio, and parks and resorts divisions.
The Burbank company posted net income of $1.394 billion for the quarter...
| Aug 20, 2013
| 9:24 AM
The housing recovery and improving economy led Home Depot Inc., the nation's largest home improvement retailer, to post better-than-expected second-quarter earnings, which jumped 17% over the same period last year.
The Atlanta-based company reported...
| Jan 14, 2014
| 9:04 AM
Retailers taking on an army of seasonal workers in December helped push overall holiday hiring levels to a 14-year peak this year, according to a new report.
But the better-than-expected increase of 801,100 jobs over the final three months of the year...
| Jan 14, 2014
| 6:06 AM
NEW YORK -- JPMorgan Chase & Co.'s profit slipped 7% in the fourth quarter as the bank's legal costs mounted and investment banking slumped.
The nation's largest bank said Tuesday it earned $5.3 billion, or $1.30 a share, down from $5.7 billion, or $1....
| Dec 12, 2013
| 7:28 AM
Lululemon Athletica Inc., the upscale yogawear purveyor that has recently courted controversy, reported third-quarter earnings that by all accounts exceeded Wall Street’s expectations.
It was the company’s forecast for its future that has...
| Oct 23, 2013
| 10:57 AM
Insurance giant WellPoint Inc., a key player in the rollout of the Affordable Care Act, said it remains optimistic about the healthcare expansion despite the rocky start of a federal insurance exchange.
WellPoint's chief executive, Joseph Swedish, and...
| Nov 19, 2013
| 9:31 AM
It's a retailers' arms race for consumers' holiday dollars -- and Best Buy warned Tuesday that promotional discounts this season could hurt profitability.
As stores race this year to kick off Black Friday sales earlier and earlier, Best Buy plans to...
| Nov 13, 2013
| 11:00 AM
Macy’s Inc. is entering the Thanksgiving-to-Christmas shopping season with a new spring in its step, having handily beaten Wall Street expectations with a 31% surge in its fiscal third-quarter profit.
In the three-month period ended Nov. 2, the...
| Dec 10, 2013
| 10:38 AM
Broadcom Corp., an Irvine company that makes chips used in popular tech gadgets including Apple Inc.’s iPhone and iPad, says sales this quarter will be higher than it initially forecast.
The company said in a statement Tuesday that it expected...
| Aug 21, 2013
| 8:20 AM
Lowe's fiscal second-quarter earnings provided even further evidence that the housing recovery is boosting the economy.
Lowe's Cos. on Wednesday reported that earnings for the quarter that ended Aug. 2 jumped 26% to $941 million, or 88 cents a share,...
| Nov 25, 2013
| 8:08 AM
Swiss voters soundly rejected a plan Sunday that would have limited executive compensation to no more than 12 times the lowest-paid employees' pay.
The measure, known as the "1:12 initiative," was defeated 65.3% to 34.7% even amid wide public...
| Aug 15, 2013
| 8:21 AM
Wal-Mart Stores Inc., the world’s largest retailer, cut its outlook for the rest of the year after reporting second-quarter earnings that fell below expectations.
The disappointing performance, coupled with pessimistic forecasts from Macy’...