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    Earnings News

    • GlaxoSmithKline back in profit in 4th quarter (AP)
      AP - GlaxoSmithKline PLC voiced some optimism over its new product development this year, while reporting a return to profit in the fourth quarter when it reaped the benefits of lower restructuring costs and reduced overheads.
    • Coca-Cola adjusted 4Q results beat Street (AP)

      FILE - In this Aug. 8, 2011 file photo, cases of Coca-Cola are seen on a counter at a local store in West Bath, Maine, in this photo illustration. Coca-Cola Co.'s fourth-quarter net income dropped 71 percent, weighed down by restructuring charges and other costs. But the beverage maker's adjusted results topped Wall Street's expectations. (AP Photo/Pat Wellenbach, File)AP - Coca-Cola Co.'s fourth-quarter net income dropped 71 percent, weighed down by restructuring charges and a difficult comparison with last year's fourth quarter, when the beverage maker had a hefty benefit from buying its bottlers.


    • BP hikes dividend after strong fourth quarter (AP)

      THIS PICTURE IS 7 OF 25 TO ACCOMPANY INSIGHT AP - BP PLC has raised its quarterly dividend by 14 percent after posting double-digit gains in profit and revenue in the last three months of 2011 despite further big payments to compensate for the disastrous oil spill in the Gulf of Mexico.


    • Toyota lifts profit forecast as disaster woes fade (AP)

      Toyota Motor Corp. Senior Managing Officer Takahiko Ijichi speaks during a press conference at Toyota's Tokyo headquarters Tuesday, Feb. 7, 2012. Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track. (AP Photo/Shizuo Kambayashi)AP - Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.


    • ArcelorMittal posts $1 billion loss in Q4 (AP)
      AP - Steel maker ArcelorMittal was cautiously optimistic about its near-term prospects even after it reported a heavy fourth quarter loss generated by a deteriorating European economy and big tax and restructuring charges.
    • UBS warns of poor Q1 as investment bank struggles (Reuters)
      Reuters - Swiss bank UBS predicted further weakness in investment banking after a restructuring of the business failed to prevent an earnings hit from the euro zone debt crisis and worries about the global economy.
    • Yum Brands posts 30 percent 4th-qtr profit rise (AP)

      File - This Nov. 22, 2011 file photo provided by Yum Brands, shows the Pizza Hut Big Dinner filled with two medium rectangular one-topping pizzas, eight wings and five breadsticks. Yum Brands releases quarterly financial results Monday, Feb. 6, 2012, after the market close.(AP Photo/Pizza Hut, File)AP - Yum Brands Inc., owner of the Pizza Hut, Taco Bell and KFC fast-food chains, said Monday that its fourth-quarter profit rose 30 percent with a recipe of strong overseas growth mixed with a sales turnaround at Pizza Hut in the U.S.


    • Coinstar's stock soars on strong 4Q for Redbox (AP)

      COMMERCIAL IMAGE - In this photograph taken by AP Images for Redbox, Bob Mudge, right, president of Verizon Consumer and Mass Business Markets, and Paul Davis, CEO of Coinstar, Inc. announced today, Monday, Feb. 6, 2012, in New York, a joint venture that delivers a combination of Redbox entertainment options with an on-demand streaming service from Verizon, Inc. Redbox Automated Retail, LLC is a wholly-owned subsidiary of Coinstar, Inc. (Diane Bondareff/AP Images for Redbox)AP - Coinstar's fourth-quarter earnings soared past analyst estimates as the company's Redbox kiosks for renting DVDs picked up customers who stopped getting their discs through Netflix's rival service.


    • Hasbro 4Q net income down 1 percent (AP)

      Toys by Hasbro are displayed in New York, Sunday, Feb. 5, 2012. Hasbro Inc.'s fourth-quarter net income dipped 1 percent, pinched by softer-than-expected demand in the U.S. and Canada. (AP Photo/Seth Wenig)AP - It was a blue Christmas for Hasbro. The No. 2 toy maker said Monday that its fourth-quarter profit slipped 1 percent, pinched by softer-than-expected demand in the U.S. and Canada and slow sales of games and puzzles during the key holiday season.


    • Humana forecast is below Street view; shares fall (Reuters)
      Reuters - Humana Inc forecast a profit for this year below Wall Street estimates, suggesting that investors may be overestimating how much it will earn from a burgeoning Medicare business, and its shares fell almost 6 percent.
    • With sparse data, focus returns to Europe (Reuters)
      Reuters - Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction.
    • Aon Q4 profit rises, but margin pressures persist (Reuters)
      Reuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.
    • Truck maker Volvo's Q4 profit rockets (AP)
      AP - Swedish truck maker AB Volvo recorded a 46 percent rise in fourth-quarter profits after a surge in sales it described as the best it has seen in more than two decades.
    • Japan's Panasonic projects record annual net loss (AP)

      In this Thursday, Jan. 26, 2012 photo, a shopper walks by an advertisement for Panasonic's TV product at an electronics retailer in Tokyo. Japanese electronics maker Panasonic forecast Friday, Feb. 3, it would log a record net loss of 780 billion yen ($10.2 billion) for the year through March, nearly twice its previous estimate, amid weak TV and mobile phone sales and restructuring costs. (AP Photo/Koji Sasahara)AP - Panasonic on Friday nearly doubled its projected net loss for the fiscal year to a record 780 billion yen ($10.2 billion) amid weak TV and mobile phone sales and ongoing restructuring costs after acquiring smaller Sanyo Electronics Co.


    • Broadband gives BT a Q3 profit boost (AP)
      AP - A strong performance by the broadband business helped British telecommunications company BT PLC report a 41 percent increase in net profit in the three months ending Dec. 31.
    • BT posts solid earnings and raises guidance (Reuters)
      Reuters - Lower regulatory charges, cost cuts and strong demand for a wide range of services enabled Britain's BT to post solid third-quarter core earnings on Friday and lift aspects of its forecasts.
    • Panasonic headed for record $10 billion annual loss (Reuters)
      Reuters - Japan's Panasonic Corp warned of a record annual $10.2 billion net loss, joining beleaguered rivals Sony and Sharp in a sea of red ink as they struggle to fix their broken TV businesses and show they have not lost their way.
    • Wynn's 4th-qtr profit up 67 pct as revenue climbs (AP)
      AP - Wynn Resorts Ltd. said Thursday that revenue growth in its Macau and Las Vegas casinos and a tax benefit helped drive profit up 67 percent in the last three months of 2011.
    • Homebuilders see stable housing market ahead (AP)
      AP - The CEOs of some of the nation's biggest homebuilding companies said Thursday that they feel the housing market has stabilized.
    • Starwood 4Q profit falls, but tops Street's view (AP)

      People walk past the Westin New York hotel, Wednesday, Feb. 1, 2012 in New York. Starwood Hotels & Resorts Worldwide Inc. says its fourth-quarter net income dropped 51 percent on impairment charges and other items, but its performance beat analysts’ expectations. (AP Photo/Mark Lennihan)AP - Starwood Hotels & Resorts Worldwide Inc.'s fourth-quarter profit dropped 51 percent on impairment charges and other items, but its adjusted results beat analysts' expectations.