Zynga on Thursday reported a third-quarter loss of $57.1 million. On a per-share basis, the San Francisco-based company said it had a loss of 6 cents. Losses, adjusted for one-time gains and costs, were 1 cent per share. The results met Wall Street expectations. The average estimate of analysts…
Warren Buffett’s Berkshire Hathaway posted third-quarter earnings of $2,876 per share, topping estimates for $2,594 per share, on Friday. The company said operating earnings rose to $4.72 billion, up 29 percent from a year ago, while net income fell nearly 9 percent in the same period, to…
Whole Foods Whole Foods is also trying to appeal to a broader audience by shaking its “Whole Paycheck” image. To bring down its prices, the company has been pushing its store brands, such as its 365 Everyday Value line. The company, which has 400 locations, said it sees potential for…
Gold got hammered last month, falling to $1,164.25 on Oct. 31 from $1,216.50 the last trading day of September – a 4% decline. And that was the basis for the Direxion Daily Junior Gold Miners Index Bear 3X fund’s 96% gain in October. One way to leverage gold – that is, boost gains on the…
3M posted third-quarter earnings on Thursday of $1.98 a share, better than analysts had expected. Analysts had expected 3M to post quarterly earnings of $1.96 per share on revenue of $8.24 billion.
Share prices of 3M rose 1.5 percent in premarket trading. Earlier in the month, 3M announced a…
Dunkin’ Brands reported a 36 percent rise in quarterly profit as more customers visited its coffee and doughnut chain, Dunkin Donuts, in the United States. After the earnings announcement, the company’s shares rose in premarket trading.
The company, which also owns the Baskin-Robbins…
Last year, UPS reported earnings per share of $1.16 on revenue of $13.52 billion. Wall Street had expected UPS to deliver quarterly earnings of $1.28 per share on revenue of $14.2 billion, according to a consensus estimate from Thomson Reuters. UPS, the world’s largest shipping company,…
Ford Motor delivered quarterly earnings that surpassed analysts’ expectations on Friday, but revenue was light. After the earnings announcement, the company’s shares rose about 2 percent in premarket trading.
The company posted third-quarter earnings excluding items of 24 cents per…
LVMH, the world’s biggest luxury group, posted improved sales growth for the third quarter on Tuesday as stronger trading in Europe and the United States helped make up for weakness in Asia.
The Paris-based group, which owns leather goods maker Louis Vuitton and Hennessy cognac, said…
Baker Hughes on Thursday reported third-quarter earnings of $375 million. On a per-share basis, the Houston-based company said it had profit of 86 cents. Earnings, adjusted for restructuring costs and asset impairment costs, were $1.02 per share.
The results did not meet Wall Street…
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