Business
Earnings
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The German lender Deutsche Bank posted a net loss of 1.9 billion euros ($2.05 billion) for its fourth quarter. » Read More
The company's net loss narrowed to $35 million, or 3 cents per share, in the fourth quarter. » Read More |
Ferrari reported a better-than-expected rise in fourth-quarter adjusted core earnings and gave a strong guidance for 2017. » Read More |
Facebook reported quarterly earnings that beat analysts' estimates on Wednesday, and revenue that topped expectations. » Read More |
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The company said it will restructure in 2017 — a plan that would include a 13 percent reduction in its workforce, affecting 260 employees.
Apple has returned to growth, but its future is less certain than analysts thought.
Arconic, which makes engineered metal parts for the aerospace, automotive and other industries, on Tuesday reported a quarterly net loss.
Video-game publisher Electronic Arts reported a 7.4 percent rise in third-quarter revenue, helped by strong sales of "Battlefield 1" and "Titanfall 2".
Persistently low oil prices and weaker profit margins in Exxon's refining business also weighed on earnings for the full year.
Under Armour says CFO Chip Molloy is leaving for personal reasons. It did not elaborate.
MasterCard reported fourth-quarter earnings that topped analysts' expectations by a penny a share on Tuesday.
Shipments have been hurt as foreign competitors such as Japan's Honda Motor and Indian motorcycle maker Polaris Industries have cut prices to entice new buyers.
Shares of UPS were on pace for their worst day since January 2015.
The No. 3 U.S. health insurer's total revenue rose about 5 percent to $15.73 billion but was below expectations.
HCA Holdings posted better-than-expected profit on Tuesday, helped by higher patient admissions and forecast 2017 revenue largely above estimates.
Nintendo's third-quarter numbers showed Nintendo's foray into mobile gaming with "Pokemon Go" is working, analysts said.
Pfizer reported a 3 percent fall in quarterly revenue, due to a strong dollar and fewer selling days compared to the year-ago quarter.
Coach posted a 17.4 percent rise in quarterly profit, helped by strong demand for its handbags in Mainland China and Japan.
Robert Half International reported fourth-quarter earnings per share of 61 cents versus a Thomson Reuters estimate of 64 cents per share.
Chevron reported a second straight quarter of profits, but low oil and gas prices dragged the company to an annual loss.
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