Here is a quick summary of the earnings reported after the bell on May 21. All these stocks listed below and many more have been researched already, and a few stocks have been short-listed as potential gainers. Click here to find out more...
1.Continental Materials Corporation (CUO)
Q1 net loss...
Swiss luxury goods group Compagnie Financiere Richemont AG reported Friday a sharp decline in fiscal 2015 profit. The company attributed the decrease to non-cash, mark-to-market losses on cash, short-term money market investments and derivative instruments relating to its foreign exchange hedging activities. The company lifted its annual dividend.
Shares of Otonomy Inc. (OTIC) were down more than 18% in extended trading on Thursday after the company announced that its phase IIb trial of OTO-104 in patients with unilateral Ménière's disease narrowly missed achieving statistical significance.
Computer and printer maker Hewlett-Packard Co. said Thursday after the markets closed that its second quarter profit fell 21% from last year, hurt by lower revenue and costs related to the planned separation of the company. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast.
Accounting software maker Intuit reported a plunge in third-quarter profit, hurt by impairment charges, even as results topped Wall Street estimates, driven by growth in small business segment amid a strong tax season.
Apparel retailer Gap Inc. (GPS), on Thursday reported a drop in profit for the first quarter, as revenues declined three percent, hurt mostly by continued weak sales at its namesake brand and Banana Republic. Both earnings and revenues for the quarter came in short of Wall Street estimates.
Stocks moved modestly higher during trading on Thursday, although buying interest was somewhat subdued. With the upward move, the S&P 500 ended the session at a new record closing high, while the Nasdaq closed just shy of a new high.
Despite the fall of the key Iraqi city of Ramadi, President Barack Obama does not believe the U.S. is losing its fight against the terrorist group known as the Islamic State or ISIS. Obama acknowledged losing Ramadi to ISIS control was a "tactical setback" but argued the city had been vulnerable for a long time.
U.S. crude oil ended sharply higher for a second straight session on Thursday, as the dollar weakened against a select band of currencies amid signs the Federal Reserve will hold interest rates at zero for the time being. Crude prices were also impacted after official data from the Energy Information...
On the heels of last week's deadly Amtrak train derailment near Philadelphia, a group of Senate Democrats have called for an increase in spending on the publicly funded rail service.
Gold futures ended lower on Thursday, with investors continuing to mull over the Federal Reserve's minutes for its April meeting, amid a slew of disappointing economic data from the U.S. and Europe.
Gold prices were under pressure after failing to get any lift from yesterday's dovish Federal Reserve...
A controversial trade bill cleared a key procedural hurdle in the Senate on Thursday, with most Republicans and a few Democrats voting to limit debate on legislation giving the president the authority to "fast track" trade deals.
Backing up a truck with trailer is really hard, even for professional drivers. However, Ford Motor Company (F) has added a new feature to its pickup trucks that makes the process much more easier.
Ford announced a new technology called Pro Trailer Backup Assist for the 2016 Ford F-150 that makes backing...
While buying interest has remained relatively subdued, stocks continue to see modest strength in mid-day trading on Thursday. The major averages have all moved to the upside after ending each of the two previous sessions mixed.
The ubiquitous pain- and fever-reducing medication acetaminophen (Tylenol) may increase risk of reproductive disorders in male babies if too much is taken by pregnant women, according to a recent study by the University of Edinburgh. Tylenol is the leading pain-killer medicine in the U.S. which is owned by McNeil Consumer Healthcare, a medicals products subsidiary of Johnson & Johnson.