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(Reuters) - Adobe Systems Inc's earnings and revenue topped Wall Street forecasts for the seventh straight quarter, led by higher subscriptions for its flagship Creative Cloud suite of software that houses Photoshop.
LONDON, March 14 (Reuters) - As the curtain comes down on the Q4 earnings season, it's clear that Europe put on a show not seen for years. Investors hoping for a repeat performance this year, however, are likely to be disappointed.
March 12 (Reuters) - United States Steel Corp raised its full-year earnings forecast on Monday, as the biggest U.S. steel maker expects to benefit from President Donald Trump's imposition of hefty tariffs on imported steel and aluminum.
NEW YORK (Reuters) - The bull market for stocks turns nine years old on Friday and, despite being long in the tooth, appears poised to set the record as the longest in history, buoyed by global economic growth and stronger company earnings.
NEW YORK (Reuters) - Exxon Mobil Corp , the world's largest publicly traded oil producer, said on Wednesday it expects earnings to more than double by 2025 to $31 billion, with crude prices at or above current levels.
NEW YORK, March 2 (Reuters) - There is little doubt on Wall Street that U.S. corporate profits are on track to rise at a healthy rate this year, with an overall estimate for growth of almost 20 percent.
(Reuters) - JD.com Inc, China's second largest e-commerce firm, saw its stock plunge in pre-market trade on Friday as margins were squeezed by competition and heavy investments during its top earnings season hit quarterly profits.
(Reuters) - Sales at J.C. Penney Co Inc's established stores missed Wall Street targets in the fourth quarter, and its forecast for yearly earnings also lagged expectations, pushing its stock down 9 percent on Friday.
NEW YORK (Reuters) - Kohl's Corp on Thursday reported strong comparable sales fueled by robust holiday-season demand for activewear and online growth and issued a 2018 earnings outlook that topped expectations, sending its shares higher in premarket trading.
LONDON, Feb 28 (Reuters) - European shares opened lower on Wednesday as a fresh batch of corporate results failed to change the negative trend set in Wall street overnight on fears that U.S. rates could rise faster than expected.
NEW YORK (Reuters) - The new U.S. tax law has taken a bigger bite out of Morgan Stanley's 2017 earnings than it initially expected and led its board to boost top executives' deferred compensation from prior years, the Wall Street bank said on Tuesday.
LONDON, Feb 26 (Reuters) - European shares opened slightly higher on Monday with gains across bourses and sectors, as focus gradually shifts from the earnings season to monetary policy and politics this week with Italy's general election on Sunday.
BERLIN (Reuters) - Volkswagen said profitability could take a hit this year after posting record 2017 earnings on Friday, as the carmaker invests billions of euros in electric vehicles (EVs) and launches a raft of new models.
Feb 20 (Reuters) - U.S. power provider Duke Energy Corp said on Tuesday it would issue $2 billion in new shares this year to deal with the financial impact of recent tax reforms that it also said would weigh on 2018 earnings growth.
(Reuters) - Home Depot Inc's profit and revenue topped Wall street estimates for the sixth straight quarter as more shoppers visited the No.1 U.S. home improvement chain and, on average, spent more in an improving housing market.
(Reuters) - Medical device maker Medtronic Plc's quarterly revenue beat analysts' expectations as new product launches drove sales across its business units, but weaker-than-expected margins clouded the earnings report.
By Bruno Federowski SAO PAULO, Feb 19 (Reuters) - Brazilian stocks rose on Monday on thin trading volumes following a heavy batch of corporate updates. The benchmark Bovespa stock index rose 0.3 percent, supported by shares of state-controlled oil company Petróleo Brasileiro SA on the heels of rising crude prices. Shares in electronics and appliance retailer Via Varejo SA rose 1.1 percent following solid fourth-quarter earnings figures. Fibria Celulose SA and Suzano Papel e
NEW YORK, Feb 16 (Reuters) - Global stocks rose on Friday and were set for their best week in six years as strong corporate earnings offset concerns about rising inflation and interest rates, while the U.S. dollar edged higher from a three-year low against major currencies.
OSLO, Feb 16 (Reuters) - Aluminium producer Norsk Hydro proposed a higher-than-expected annual dividend on Friday thanks to stronger aluminium and alumina prices that boosted performance across its most important divisions, sending its shares up.
LONDON, Feb 14 (Reuters) - Shire, which is splitting its rare disease and hyperactivity drugs into two units, said 2018 sales would grow in mid-single digits and profits would rise at an even slower pace, after 2017 earnings per share climbed 16 percent.
SHANGHAI/BEIJING (Reuters) - Chinese internet search firm Baidu Inc posted a forecast-beating quarterly revenue increase and unveiled a U.S. listing plan for its Netflix-like video platform iQiyi as it looks to rev up new drivers for growth.