http://www.mail.com/subjects/1434-financial-performance.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/subjects/1434-financial-performance.html http://www.mail.com/business/economy/2106438-sears-reports-bigger-than-expected-1q-loss.html NEW YORK (AP) — It was another ugly quarter for Sears Holdings Corp. The beleaguered department-store chain reported a steeper-than-expected loss for its first quarter on slumping sales. It also announced that it is considering selling its protection-agreement business in an ongoing effort to raise cash as it struggles to reverse its fortunes. The unit ru... Fri, 24 May 2013 01:08:24 GMT http://www.mail.com/business/economy/2106438-sears-reports-bigger-than-expected-1q-loss.html 2013-05-24T01:08:24Z http://www.mail.com/business/economy/2106414-gap-style-1q-profit-jumps-43-percent.html NEW YORK (AP) — After years of struggle, Gap is back in style. Gap Inc., which owns The Gap, Old Navy and Banana Republic clothing chains, on Thursday reported a 43 percent jump in its fiscal first-quarter net income, as the company continues to reap benefits from the turnaround plan that it began early last year. The results are welco... Thu, 23 May 2013 22:41:29 GMT http://www.mail.com/business/economy/2106414-gap-style-1q-profit-jumps-43-percent.html 2013-05-23T22:41:29Z http://www.mail.com/business/economy/2105090-ralph-laurens-4q-profit-rises-35-pct.html NEW YORK (AP) — Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls. But the seller of Polo and other brands saw its stock fall Thursday because its revenue fell below Wall Street expectations amid poor weather, economic challenges in the U.S. and abroad and... Thu, 23 May 2013 22:12:25 GMT http://www.mail.com/business/economy/2105090-ralph-laurens-4q-profit-rises-35-pct.html 2013-05-23T22:12:25Z http://www.mail.com/business/finance/2105342-stocks-edge-lower-investors-reassess-fed-fears.html NEW YORK (AP) — Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. U.S. markets plummeted immediately after the opening bell Thursday following a global slump prompted partly by an unexpected slowdown in Chinese manufacturing. Concern that the Federal Reserve might ease back on its economic stimul... Thu, 23 May 2013 22:04:59 GMT http://www.mail.com/business/finance/2105342-stocks-edge-lower-investors-reassess-fed-fears.html 2013-05-23T22:04:59Z http://www.mail.com/business/economy/2106412-pandora-posts-in-line-1q-loss-upbeat-sales.html LOS ANGELES (AP) — Internet radio company Pandora Media Inc. reported higher-than-expected revenue in the latest quarter, with losses in line with analysts' forecasts, as the number of subscribers who pay for ad-free listening more than doubled to exceed 2.5 million. Pandora predicted that it may break even in the current quarter after adjusting for one-t... Thu, 23 May 2013 21:45:29 GMT http://www.mail.com/business/economy/2106412-pandora-posts-in-line-1q-loss-upbeat-sales.html 2013-05-23T21:45:29Z http://www.mail.com/business/economy/2105428-sales-gains-lift-dollar-trees-1q-profit-15-pct.html RICHMOND, Va. (AP) — Discount retailer Dollar Tree Inc. said Thursday that its net income increased 15 percent in the first quarter as consumers spent more at its stores, which sell goods for $1 or less. The results beat Wall Street expectations, and its shares rose almost 5 percent in morning trading. Dollar stores offer a wide variety of products, from ... Thu, 23 May 2013 15:03:38 GMT http://www.mail.com/business/economy/2105428-sales-gains-lift-dollar-trees-1q-profit-15-pct.html 2013-05-23T15:03:38Z http://www.mail.com/scitech/news/2104582-lenovo-quarterly-profit-up-90-percent.html BEIJING (AP) — Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded. Lenovo said it earned $127 million, or 1.22 cents per share, in the three months ending March 31. Revenue rose 4 percent over a year earlier to $7.8 billion. Lenovo ranks a close second behi... Thu, 23 May 2013 06:53:31 GMT http://www.mail.com/scitech/news/2104582-lenovo-quarterly-profit-up-90-percent.html 2013-05-23T06:53:31Z http://www.mail.com/business/economy/2103804-hps-2q-offers-hope-revenue-slump-deepens.html SAN FRANCISCO (AP) — Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable areas of technology appear to be easing the pain. The conflicting signs of further deterioration and... Wed, 22 May 2013 23:09:20 GMT http://www.mail.com/business/economy/2103804-hps-2q-offers-hope-revenue-slump-deepens.html 2013-05-22T23:09:20Z http://www.mail.com/business/finance/2102836-stocks-fall-news-fed-weighed-cutting-stimulus.html NEW YORK (AP) — The Federal Reserve took financial markets for a ride Wednesday, pushing stock prices up in the morning then sending them down in the afternoon. Prices surged on congressional testimony by Fed Chairman Ben Bernanke early in the day that suggested the central bank would not slow its massive economic stimulus program any time soon. Then minu... Wed, 22 May 2013 22:08:24 GMT http://www.mail.com/business/finance/2102836-stocks-fall-news-fed-weighed-cutting-stimulus.html 2013-05-22T22:08:24Z http://www.mail.com/business/economy/2102524-targets-1q-profit-drops-29-pct-weak-sales.html NEW YORK (AP) — Target Corp. reported a 29 percent drop in first-quarter profit as unusually cool spring weather and financial pressures chilled customers' appetite for spending. The company, based in Minneapolis, also on Wednesday cut its annual profit outlook, sending its stock down. Target is the latest in a string of companies including rival Wal-Mart... Wed, 22 May 2013 21:18:32 GMT http://www.mail.com/business/economy/2102524-targets-1q-profit-drops-29-pct-weak-sales.html 2013-05-22T21:18:32Z http://www.mail.com/business/economy/2102398-lowes-1q-profit-rises-street.html NEW YORK (AP) — Lowe's said Wednesday that its first-quarter net income rose nearly 3 percent, but results fell short of expectations as rainy weather hurt spring gardening sales. The No. 2 home improvement retailer's results stood in contrast to those reported a day earlier by Home Depot. Lowe's larger rival reported an 18 percent rise in net income, bol... Wed, 22 May 2013 21:12:16 GMT http://www.mail.com/business/economy/2102398-lowes-1q-profit-rises-street.html 2013-05-22T21:12:16Z http://www.mail.com/business/economy/2103040-complaint-accuses-exxon-mobil-anti-gay-bias.html NEW YORK (AP) — One after another, major U.S. corporations have updated anti-discrimination policies to protect gay, lesbian and transgender workers, drawing plaudits from gay-rights groups. There's one prominent exception: Exxon Mobil Corp. In the latest rankings of such corporate policies by the Human Rights Campaign, a national gay-rights group, many o... Wed, 22 May 2013 17:12:36 GMT http://www.mail.com/business/economy/2103040-complaint-accuses-exxon-mobil-anti-gay-bias.html 2013-05-22T17:12:36Z http://www.mail.com/business/economy/2102412-ahead-bell-hps-2q-to-sag.html SAN FRANCISCO (AP) — Hewlett-Packard will provide an update on its efforts to rise above the sinking PC market when it releases quarterly earnings Wednesday after the closing bell. The quarter will likely reveal how far HP still must go. Revenue is expected to fall, which would make it the seventh consecutive quarter of comparable declines. Management has... Wed, 22 May 2013 10:36:23 GMT http://www.mail.com/business/economy/2102412-ahead-bell-hps-2q-to-sag.html 2013-05-22T10:36:23Z http://www.mail.com/business/economy/2100106-stocks-gain-reassurance-top-fed-official.html NEW YORK (AP) — Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday. Stock indexes wobbled between gains and losses in early trading, then took a turn higher just before noon. That's when news crossed that James Bullard, head of the Fed's St. Louis branch, told an audie... Tue, 21 May 2013 23:09:48 GMT http://www.mail.com/business/economy/2100106-stocks-gain-reassurance-top-fed-official.html 2013-05-21T23:09:48Z http://www.mail.com/business/economy/2100138-jpmorgans-dimon-survives-shareholder-referendum.html TAMPA, Fla. (AP) — Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank's board members. It was a mixed verdict i... Tue, 21 May 2013 22:38:34 GMT http://www.mail.com/business/economy/2100138-jpmorgans-dimon-survives-shareholder-referendum.html 2013-05-21T22:38:34Z http://www.mail.com/business/economy/2099736-best-buy-reports-1q-loss-restructuring-costs.html MINNEAPOLIS (AP) — Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores. Its adjusted earnings beat Wall Street expectations, as cost cuts helped offset tough pricing competition during the quarter. But shares fell ove... Tue, 21 May 2013 22:35:55 GMT http://www.mail.com/business/economy/2099736-best-buy-reports-1q-loss-restructuring-costs.html 2013-05-21T22:35:55Z http://www.mail.com/business/economy/2099680-housing-recovery-boosts-depot-1q.html NEW YORK (AP) — Home Depot Inc.'s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring. Its quarterly results topped Wall Street expectations, and the world's biggest home improvement chain boosted its full-year earnings and revenue forecasts Tuesday. The company's shares rose to a 52-week high.... Tue, 21 May 2013 22:25:51 GMT http://www.mail.com/business/economy/2099680-housing-recovery-boosts-depot-1q.html 2013-05-21T22:25:51Z http://www.mail.com/business/economy/2099718-burberrys-profit-hit-perfume-deals-demise.html LONDON (AP) — British luxury brand Burberry said Tuesday that rapidly improving business in developing markets was offset by the end of a perfume licensing deal, dragging net profit down 3 percent for the year. Shares in Burberry Group PLC closed up 3 percent at 15 pounds after the company reported an 8 percent rise in revenue to 2 billion pounds ($3 bill... Tue, 21 May 2013 16:59:53 GMT http://www.mail.com/business/economy/2099718-burberrys-profit-hit-perfume-deals-demise.html 2013-05-21T16:59:53Z http://www.mail.com/business/economy/2099738-vodafone-annual-profits-up-19-percent.html LONDON (AP) — U.K.-based mobile telecoms company Vodafone has reported a 1.9 increase in annual profits despite a slowdown in much of its European operations. It reported Tuesday net profits of 7.70 billion pounds ($11.665 billion) for the year ending March 2013 compared with 7.55 billion pounds the year before. Group Chief Executive Vittorio Colao said p... Tue, 21 May 2013 11:37:45 GMT http://www.mail.com/business/economy/2099738-vodafone-annual-profits-up-19-percent.html 2013-05-21T11:37:45Z http://www.mail.com/business/economy/2097452-ryanair-growing-reports-record-profits.html DUBLIN (AP) — Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa. Ryanair's share price also surged to an all-time high after the Dublin-based carrier predicted it would enjoy similar, if not better, earnings in the coming year. The company's net profit in the 12 ... Mon, 20 May 2013 17:32:53 GMT http://www.mail.com/business/economy/2097452-ryanair-growing-reports-record-profits.html 2013-05-20T17:32:53Z http://www.mail.com/business/finance/2096556-jamie-dimon-under-pressure-ahead-investor-vote.html NEW YORK (AP) — Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs. It's been just more than a year since his bank, JPMorgan Chase, revealed a surprise trading loss that tarnished its usually stellar reputation in Washington and on Wall Street, and what ... Mon, 20 May 2013 03:44:37 GMT http://www.mail.com/business/finance/2096556-jamie-dimon-under-pressure-ahead-investor-vote.html 2013-05-20T03:44:37Z http://www.mail.com/business/economy/2093314-gm-stock-rises-33-time-2-years.html DETROIT (AP) — Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years. GM shares reached $33.77 Friday before slipping back to close at $33.42, up 3.2 percent. The auto giant sold shares to the public for $33 in a November 2010 IPO, but they've t... Fri, 17 May 2013 20:51:17 GMT http://www.mail.com/business/economy/2093314-gm-stock-rises-33-time-2-years.html 2013-05-17T20:51:17Z http://www.mail.com/business/economy/2089908-wal-marts-1q-profit-sales-disappoint.html NEW YORK (AP) — The first few months of the year were tough for Wal-Mart Stores Inc. The world's largest retailer reported Thursday that its first-quarter profit edged up just slightly, and the company struggled with a sales slump in its namesake business during the three-month period. The discounter also offered a quarterly profit outlook that came below... Thu, 16 May 2013 23:41:05 GMT http://www.mail.com/business/economy/2089908-wal-marts-1q-profit-sales-disappoint.html 2013-05-16T23:41:05Z http://www.mail.com/business/economy/2091600-jc-penney-posts-bigger-1q-loss-than-expected.html NEW YORK (AP) — The legacy of J.C. Penney's former CEO is being felt at the department-store chain. Penney on Thursday reported that it widened its loss in the first quarter on a 16 percent drop in revenue. It marks the fifth-straight quarter that the company has posted large declines. The company's stock fell 2 percent in extended trading after the earni... Thu, 16 May 2013 23:35:47 GMT http://www.mail.com/business/economy/2091600-jc-penney-posts-bigger-1q-loss-than-expected.html 2013-05-16T23:35:47Z http://www.mail.com/business/economy/2091540-dells-dismal-1q-illuminates-pc-makers-challenges.html SAN FRANCISCO (AP) — Dell's financial decay worsened during its latest quarter as the company slashed its personal computer prices in response to the growing popularity of smartphones and tablets. The dismal performance announced Thursday provided the latest evidence of a technological shift that is making it difficult to sell laptop and desktop machines.... Thu, 16 May 2013 22:34:40 GMT http://www.mail.com/business/economy/2091540-dells-dismal-1q-illuminates-pc-makers-challenges.html 2013-05-16T22:34:40Z http://www.mail.com/business/economy/2090788-late-fade-wall-street-wal-mart-disney-slump.html NEW YORK (AP) — Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday. There was plenty of discouraging news. Applications for unemployment benefits rose last week and manufacturing slowed in the mid-Atlantic region. Wal-Mart sank after warning that its customers were spending less at ... Thu, 16 May 2013 22:10:09 GMT http://www.mail.com/business/economy/2090788-late-fade-wall-street-wal-mart-disney-slump.html 2013-05-16T22:10:09Z http://www.mail.com/business/economy/2091366-sector-snap-makers-computer-networking-gear.html SAN FRANCISCO (AP) — Investors snapped up the stocks of companies that make computer networking gear Thursday after industry leader Cisco Systems Inc.'s latest quarterly earnings raised hope that business is picking up after a long stretch of lackluster demand. Cisco led the rally as its shares surged to their biggest one-day gain in 21 months. The stock ... Thu, 16 May 2013 19:18:52 GMT http://www.mail.com/business/economy/2091366-sector-snap-makers-computer-networking-gear.html 2013-05-16T19:18:52Z