Earnings

U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...

General Electric Company (NYSE: GE) reported its third quarter earnings. Shares of the company are 3 percent. Below are some key highlights from its conference call. • EPS was $0.38, an increase of 6% versus last year. • Our Industrial segment profits grew by 9%. • Our...

SanDisk Corporation (NASDAQ: SNDK) reported its third quarter earnings. Shares of the company are 3 percent. Below are some key highlights from its conference call. • We expect our enterprise SSD revenue to surpass $1 billion in 2015. • The Fusion-io business performed in line with...

Advanced Micro Devices, Inc. (NYSE: AMD) reported its third quarter earnings. Shares of the company are up 4 percent. Below are some key highlights from its conference call. • While our Enterprise, Embedded and Semi-Custom segment had a strong quarter. • We did face some challenges...

Google Inc (NASDAQ: GOOG) reported its third quarter earnings. Shares of the company are down 3 percent. Below are some key highlights from its conference call. • Our gross total consolidated revenue grew a healthy 20% year-over-year to $16.5 billion and was up 4% quarter-over-quarter...

Chipotle Mexican Grill, Inc. (NYSE: CMG) is set to report its third quarter results on Monday after market close. Analysts are expecting the popular fast-casual restaurant operator to earn $3.81 per share on comp growths of 16.9 percent. Chipotle reported its second quarter results on July 21....

Toward the end of trading Friday, the Dow traded up 1.42 percent to 16,346.40 while the NASDAQ surged 0.93 percent to 4,256.52. The S&P also rose, gaining 1.14 percent to 1,883.96. Leading and Lagging Sectors Industrials shares jumped by 1.53 percent on Friday. Top gainers in the sector...

Urban Outfitters, Inc. (NASDAQ: URBN) made its second apology in a month Thursday, this time for falling same-store sales it said will hurt profits in the current quarter. Urban Outfitters fell more than 15 percent Friday to $29.15 per share. The Philadelphia-based company last month issued a...

Midway through trading Friday, the Dow traded up 1.70 percent to 16,391.74 while the NASDAQ surged 1.44 percent to 4,277.97. The S&P also rose, gaining 1.51 percent to 1,890.80. Leading and Lagging Sectors Energy shares jumped 1.81 percent on Friday. Top gainers in the sector included...

Following the market opening Friday, the Dow traded up 1.35 percent to 16,335.52 while the NASDAQ surged 1.33 percent to 4,273.45. The S&P also rose, gaining 1.37 percent to 1,888.34. Leading and Lagging Sectors Energy shares jumped 2.46 percent on Friday. Top gainers in the sector...

Kansas City Southern (NYSE: KSU) is up about 1 percent after reporting record revenues of $678 million. Top line strength was driven by a 4 percent increase in carloads over the year ago quarter. This flowed through to the bottom line driving operating Income up 15 percent year over year and...

M&T Bank (NYSE: MTB) reported weaker-than-expected earnings for the third quarter. The Buffalo, New York-based bank posted a quarterly profit of $275.3 million, or $1.91 per share, versus a year-ago profit of $294.5 million, $2.11 per share. Its operating earnings came in at $1.94 per share in...

In a note released Friday, Wells Fargo analyst Maynard Um described his expectations for International Business Machines Corp. (NYSE: IBM) third-quarter results. Looking to revenue, Um believes there is slight downside to the consensus of $23.4 billion and is predicting $23.2 billion. However,...

Huntington Bancshares (NASDAQ: HBAN) reported weaker-than-expected earnings for the third quarter. The Columbus, Ohio-based bank posted a quarterly profit of $155 million, or $0.18 per share, versus a year-ago profit of $178.8 million, or $0.20 per share. The latest quarter included Q3 $22.8...

Kansas City Southern (NYSE: KSU) reported upbeat results for the third quarter. The Kansas City, Missouri-based company posted quarterly net income of $138 million, or $1.25 per share, compared to $118.3 million, or $1.07 per share, in the year-ago period. Excluding items, it earned $1.29 per share...