Fastenal, for the third time in a year, named a new chief executive, tapping its current chief financial officer, Daniel Florness, for the top post.
More | Talk | Read It Later | ShareGE agreed to sell a major chunk of its U.S. commercial lending business to Wells Fargo as part of its continued exit from financial services.
More | Talk | Read It Later | ShareDollar General is eliminating about 255 corporate positions, including about 115 vacant jobs, in an effort to cut costs and improve efficiency. The discount retailer said store-level jobs won’t be affected.
More | Talk | Read It Later | ShareMolecular-diagnostics company Cepheid Inc., citing lower-than-expected gross margin in the third quarter, lowered its full-year revenue guidance.
More | Talk | Read It Later | ShareAerojet Rocketdyne Holdings’ third-quarter loss widened sharply as the company recorded large expenses tied to a settlement over the failed launch of an unmanned rocket last year.
More | Talk | Read It Later | ShareJ.P. Morgan reported third-quarter results Tuesday that disappointed some investors as revenue fell 7%. But some of the bank’s shrinkage was by design, an effort to become simpler and less sprawling as new capital regulations are set to roll out in coming years.
More | Talk | Read It Later | ShareThird-quarter bank earnings aren’t expected to be great. That may be the best thing about them.
More | Talk | Read It Later | ShareGerman business software provider SAP SE posted a 5% increase in operating profit for the third quarter, boosted by increased adoption of its cloud products.
More | Talk | Read It Later | ShareAlibaba is trying to improve its communication with investors, but failing to take some obvious steps to become more transparent.
More | Talk | Read It Later | ShareWall Street’s trading business is going through a profound change—and bonds are on the wrong side of it. Banks’ revenue from bond trading is expected to decline, while stock trading is picking up steam.
More | Talk | Read It Later | ShareJohnson & Johnson reported lower sales and profit in its latest quarter largely due to a stronger dollar that the company expects will keep squeezing its results.
More | Talk | Read It Later | ShareProcter & Gamble’s A.G. Lafley acknowledged responsibility for the consumer-products company’s weak performance and promised better results in the coming years under the leadership of his successor.
More | Talk | Read It Later | ShareEntergy Corp. said it plans to shut down the Pilgrim nuclear power plant in Massachusetts by June 2019, citing poor market conditions, lower revenue and higher operating costs.
More | Talk | Read It Later | ShareJ.P. Morgan’s third-quarter results show the bank is still struggling to generate growth in a muddled banking environment.
More | Talk | Read It Later | ShareRaise interest rates so that banks can be banks again.
More | Talk | Read It Later | ShareIndian software and outsourcing company Infosys reports a rise in its net profit in the fiscal second quarter but lowers its revenue forecast.
More | Talk | Read It Later | ShareDelta Air Lines on Wednesday is expected to report record third-quarter results.
More | Talk | Read It Later | ShareCSX is likely to warn investors about weak traffic and earnings, but railroads still have long-term value.
More | Talk | Read It Later | ShareDelta Air Lines is slated to kick off the U.S. airline industry’s financial-reporting season with strong earnings. But investors may be more focused on other indicators to gauge whether the sector’s strong performance can continue.
More | Talk | Read It Later | ShareDelivering up-to-the minute news, analysis, interviews and explanatory journalism on logistics, supply-chain management, e-commerce and more
More | Talk | Read It Later | ShareIndia’s Tata Consultancy Services reported a 14.5% rise in its fiscal second-quarter net profit, driven by strong demand from North America and the U.K.
More | Talk | Read It Later | ShareLevi Strauss said profit in its latest quarter grew 15%, padded by the introduction of its new women’s denim collection, though revenue declined slightly, as overseas sales were hurt by the stronger dollar.
More | Talk | Read It Later | ShareCSX Corp. said Tuesday that its third-quarter revenue fell 8.8%, weighed down by lower fuel-surcharge revenue and volume declines, but earnings per share beat expectations.
More | Talk | Read It Later | ShareLinear Technology Corp. said profit fell 13% in the quarter ended September on lower bookings as customers reacted to a sluggish global economy.
More | Talk | Read It Later | ShareIntel said its third-quarter earnings fell 6.3% amid weak demand for personal computers.
More | Talk | Read It Later | ShareLVMH’s third-quarter revenue rose 16% as the luxury-goods conglomerate benefited from a weak euro, and strong sales at its wine and spirits division outweighed slowing growth at its fashion business.
More | Talk | Read It Later | ShareRyder System reduced its 2015 earnings guidance, citing a temporary issue in its fleet-management segment and lower-than-expected U.S. sales of used power vehicles.
More | Talk | Read It Later | ShareAs third-quarter U.S. earnings results roll out this week, many investors are putting an increased focus on profit margins, given stagnant corporate revenues and lack of room for further cost cuts.
More | Talk | Read It Later | ShareJ.P. Morgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. are set to announce their third-quarter results, providing a window into the health of the mortgage and housing markets.
More | Talk | Read It Later | ShareInvestors will be scrutinizing the results of India’s big information-technology outsourcing companies in the next week for signs of their ability to thrive as cloud computing and other forces reshape the industry.
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