Earnings

Wall Street staged a surprising comeback Friday, with the major indexes jumping more than 5 percent and the Dow Jones industrials surging nearly 500 points in a late afternoon rally, ending another volatile week that saw stocks reach six-year lows....

CIGNA Corp. reduced its 2008 earnings forecast Friday and reported larger losses in its variable annuity death benefits business, but reaffirmed its profit estimates for 2009. Also on Friday, CIGNA Chief Executive H. Edward Hanway said investor...

ORRVILLE, Ohio (AP) _ J.M. Smucker Co., the nation's top maker of jams and jellies and now into the coffee market, said Friday that its earnings rose 3 percent in its second fiscal quarter, due to price increases and families choosing to have meals at...

LONDON (AP) _ AstraZeneca PLC won the first round of a legal fight over the release of a generic version of its child asthma medication Pulmicort Respules by rival Teva Pharmaceutical Industries Ltd. on Thursday as it also unveiled job cuts in Europe....

PARIS (AP) _ Air France-KLM Group said Thursday its profit plunged in the second quarter as higher oil prices and financial charges weighed on the airlines' earnings. The parent company of the French and Dutch airlines reported a net profit of euro28...

PORTLAND, Ore. (AP) _ Barnes & Noble Inc. reported a larger than expected loss for the third quarter on Thursday and gave little indication that the holidays would be much brighter. The bookseller said significantly lower customer traffic and spending at...

WASHINGTON (AP) _ Medtronic Inc., the world's largest medical device maker, said Tuesday that legal expenses and declining foreign exchange rates weighed down its fiscal 2009 second-quarter profit. Even excluding the legal fees, the Minneapolis-based...

NEW YORK (AP) _ Hewlett-Packard Co. surprised Wall Street on Tuesday by saying its earnings will be slightly above analysts' expectations, going against the grain as other technology bellwethers have slashed forecasts and posted weak results in the...

CHICAGO (AP) _ Home Depot Inc. gave investors a welcome surprise Tuesday, posting a better-than-expected third-quarter profit and offering Wall Street a second straight day of good news for the battered home improvement sector. But the 31 percent drop in...

Discount retailers are performing better than some others amid the weak economy as hunt for bargains, but Wal-Mart Stores Inc. has been performing better than Target Corp., due to its focus on groceries and low prices. Here's a side-by-side comparison of...

Wal-Mart Stores Inc. reported a 10 percent increase in third-quarter profit as the world's largest retailer's renewed focus on low prices is attracting financially squeezed shoppers around the world. The company, however, trimmed its profit outlook...

Best Buy Co. today sharply cut its fiscal 2009 earnings outlook below analyst estimates amid what the electronics retailer called the toughest retail environment it has ever seen. The guidance reduction comes days after Best Buy rival Circuit City Stores...