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BP oil earnings report shows signs of weakness

Jul 31, 2012
The British oil company BP is reporting a sharp drop in profits. The company made just $238 million last quarter, compared with more than $5 billion a year ago.
Posted In: BP, Oil, Earnings

GDP growth slows to 1.5%

Jul 27, 2012
The Commerce Department announced Gross Domestic Product ticked up 1.5 percent in the second quarter. That's down from a growth rate of 2 percent in the first part of the year.
Posted In: GDP, Earnings

Facebook reports slowdown in revenue growth

Jul 27, 2012
A lot of the earnings reports we've seen so far this week have been disappointing, including Facebook.
Posted In: Facebook, Earnings, revenue

FarmVille creator Zynga reports loss in second quarter

Jul 26, 2012
Yesterday after markets closed we got results from Zynga, the maker of Facebook games like FarmVille. And things ain't looking so good down on the farm.
Posted In: zynga, farmville, Earnings

Eurozone crisis hits Shell, other earnings

Jul 26, 2012
The crisis in the eurozone is hitting profits everywhere; Anglo-Dutch oil giant "Shell" is the latest. Shell says this morning earnings fell 13 percent compared to the same quarter last year. This follows a string of U.S. companies blaming Europe.
Posted In: Earnings, Shell, Eurozone

Facebook to report first earnings since IPO

Jul 26, 2012
Facebook has had a rocky road since it started selling shares and there are still big questions about Facebook's future. For instance: how, exactly, it plans to make money.
Posted In: Facebook, IPO, Earnings

For corporate health, check sales -- not profit

Jul 25, 2012
Nearly halfway through earnings season, companies are making profits but falling short on sales. The sluggish economy is taking a toll.
Posted In: corporate profits, Earnings

Despite tepid earnings, revenues mostly down

Jul 25, 2012
Ford Motor saw profits fall by more than half in the second quarter and Apple profits came in lower than expected mostly due to slowing iPhone sales. What do today's earnings reports tell us about the state of the U.S. economy?
Posted In: apple, Earnings

Should workers share company profits?

Jul 24, 2012
At some prospering businesses like Caterpillar, which reports earnings tomorrow, record corporate profits do not necessarily raise workers pay.
Posted In: Caterpillar, strike, Earnings

Layoffs down despite tepid earnings growth

Jul 20, 2012
Several big American companies -- General Electric, Schlumberger, Microsoft -- reported weak earnings and quarterly losses today. The question is, are we due for another round of major layoffs?
Posted In: quarterly report, Earnings, layoffs

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