Earnings News Headlines - Yahoo! News

http://news.yahoo.com/earnings/ Get the latest earnings news headlines from Yahoo! News. Find breaking earnings news, including analysis and opinion on top earnings stories, photos and more.en-USCopyright (c) 2013 Yahoo! Inc. All rights reservedFri, 04 Jan 2013 14:28:42 -05005http://news.yahoo.com/earnings/ http://l.yimg.com/a/i/us/nws/th/main_142c.gifINDIANAPOLIS (AP) ? Eli Lilly and Co. unveiled a better-than-expected 2013 earnings forecast Friday, in part because the pharmaceutical company expects growth from several established drugs to help make up for revenue lost to generic competition.http://news.yahoo.com/lilly-2013-profit-forecast-tops-expectations-130042995--finance.htmlFri, 04 Jan 2013 14:28:42 -0500Associated Presslilly-2013-profit-forecast-tops-expectations-130042995--finance(Reuters) - Eli Lilly and Co said on Friday it expects profit in 2013 to increase by more than Wall Street had been forecasting, primarily due to cost controls and improved productivity. Lilly, whose shares were up nearly 4 percent on Friday, said 2013 sales will be flat to a bit higher, despite the loss of patent on its $5 billion-a-year antidepressant, Cymbalta, in December. The Indianapolis-based drugmaker is coming off a particularly difficult 2012 when sales declined sharply because of competition from cheaper generics. It expects 2013 earnings to increase to $3.75 to $3. ...http://news.yahoo.com/eli-lilly-banks-cost-controls-higher-2013-profit-134943808--finance.htmlFri, 04 Jan 2013 13:12:50 -0500Reuterseli-lilly-banks-cost-controls-higher-2013-profit-134943808--finance<p><a href="http://news.yahoo.com/surprisingly-good-vintage-market-logs-gains-203040985--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/OCDUpH8Vnx2TPocaqaS5kw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/c1876782867c0024250f6a7067003914.jpg" width="130" height="86" alt="FILE - In this Tuesday, Dec. 11, 2012 file photo, specialist Christian Sanfilippo works on the floor of the New York Stock Exchange, in New York. Despite many challenges, 2012 turned out to be a surprisingly good year for stocks. The Dow Jones industrial average, the Standard &amp; Poor?s 500 and the Nasdaq composite index will all end the year substantially higher, despite losing ground in the final days of the year as concerns about the looming fiscal cliff mount. (AP Photo/Richard Drew, File)" align="left" title="FILE - In this Tuesday, Dec. 11, 2012 file photo, specialist Christian Sanfilippo works on the floor of the New York Stock Exchange, in New York. Despite many challenges, 2012 turned out to be a surprisingly good year for stocks. The Dow Jones industrial average, the Standard &amp; Poor?s 500 and the Nasdaq composite index will all end the year substantially higher, despite losing ground in the final days of the year as concerns about the looming fiscal cliff mount. (AP Photo/Richard Drew, File)" border="0" /></a>NEW YORK (AP) ? If you&#039;d told investors what was going to happen in 2012 ? U.S. economic growth at stall speed, an intensifying European debt crisis, a slowdown in China, fiscal deadlock in Washington, decelerating corporate earnings growth ? and asked how the stock market would perform, few would have predicted a good year.</p><br clear="all"/>http://news.yahoo.com/surprisingly-good-vintage-market-logs-gains-203040985--finance.htmlMon, 31 Dec 2012 17:26:56 -0500Associated Presssurprisingly-good-vintage-market-logs-gains-203040985--finance<p><a href="http://news.yahoo.com/surprisingly-good-vintage-market-logs-gains-203040985--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/OCDUpH8Vnx2TPocaqaS5kw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/c1876782867c0024250f6a7067003914.jpg" width="130" height="86" alt="FILE - In this Tuesday, Dec. 11, 2012 file photo, specialist Christian Sanfilippo works on the floor of the New York Stock Exchange, in New York. Despite many challenges, 2012 turned out to be a surprisingly good year for stocks. The Dow Jones industrial average, the Standard &amp; Poor?s 500 and the Nasdaq composite index will all end the year substantially higher, despite losing ground in the final days of the year as concerns about the looming fiscal cliff mount. (AP Photo/Richard Drew, File)" align="left" title="FILE - In this Tuesday, Dec. 11, 2012 file photo, specialist Christian Sanfilippo works on the floor of the New York Stock Exchange, in New York. Despite many challenges, 2012 turned out to be a surprisingly good year for stocks. The Dow Jones industrial average, the Standard &amp; Poor?s 500 and the Nasdaq composite index will all end the year substantially higher, despite losing ground in the final days of the year as concerns about the looming fiscal cliff mount. (AP Photo/Richard Drew, File)" border="0" /></a>NEW YORK (AP) ? If you&#039;d told investors what was going to happen in 2012 ? U.S. economic growth at stall speed, an intensifying European debt crisis, a slowdown in China, fiscal deadlock in Washington, decelerating corporate earnings growth ? and asked how the stock market would perform, few would have predicted a good year.</p><br clear="all"/><p><a href="http://news.yahoo.com/rim-shares-jump-toronto-rebounding-post-earnings-slide-160637396--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/L3wm.8AYq.qEZ99cntyDeA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-12-27T160637Z_1_CBRE8BQ18RN00_RTROPTP_2_CBUSINESS-US-RESEARCHINMOTION-STOCK.JPG" width="130" height="86" alt="The exterior of one of the Research In Motion Limited (RIM) buildings is seen in Waterloo" align="left" title="The exterior of one of the Research In Motion Limited (RIM) buildings is seen in Waterloo" border="0" /></a>TORONTO (Reuters) - Shares of Research In Motion Ltd jumped nearly 10 percent on the Toronto Stock Exchange on Thursday, following similar gains in New York on Wednesday, in a rebound from last week&#039;s sharp decline. Last Friday, the volatile stock plunged more than 20 percent after the company said on an earnings conference call that it was rolling out a new fee structure for its services segment, which some investors fear could pressure the high-margin business. &quot;It got hit so hard after the conference call,&quot; said Ed Snyder, an analyst with Charter Equity Research. ...</p><br clear="all"/>http://news.yahoo.com/rim-shares-jump-toronto-rebounding-post-earnings-slide-160637396--finance.htmlThu, 27 Dec 2012 12:12:25 -0500Reutersrim-shares-jump-toronto-rebounding-post-earnings-slide-160637396--finance<p><a href="http://news.yahoo.com/rim-shares-jump-toronto-rebounding-post-earnings-slide-160637396--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/L3wm.8AYq.qEZ99cntyDeA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-12-27T160637Z_1_CBRE8BQ18RN00_RTROPTP_2_CBUSINESS-US-RESEARCHINMOTION-STOCK.JPG" width="130" height="86" alt="The exterior of one of the Research In Motion Limited (RIM) buildings is seen in Waterloo" align="left" title="The exterior of one of the Research In Motion Limited (RIM) buildings is seen in Waterloo" border="0" /></a>TORONTO (Reuters) - Shares of Research In Motion Ltd jumped nearly 10 percent on the Toronto Stock Exchange on Thursday, following similar gains in New York on Wednesday, in a rebound from last week&#039;s sharp decline. Last Friday, the volatile stock plunged more than 20 percent after the company said on an earnings conference call that it was rolling out a new fee structure for its services segment, which some investors fear could pressure the high-margin business. &quot;It got hit so hard after the conference call,&quot; said Ed Snyder, an analyst with Charter Equity Research. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/piano-maker-steinway-takes-down-sale-sign-013625804--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/uRX7M_7xmks6RMeucLHUdQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-12-27T143313Z_2_CBRE8BQ04GV00_RTROPTP_2_GERMANY.JPG" width="130" height="86" alt="The emblem of a historic Concert Grand piano is pictured during its refurbishing at the Steinway &amp; Sons factory in Hamburg" align="left" title="The emblem of a historic Concert Grand piano is pictured during its refurbishing at the Steinway &amp; Sons factory in Hamburg" border="0" /></a>NEW YORK (Reuters) - Steinway Musical Instruments Inc, the famous manufacturer of pianos, saxophones and trumpets, said on Wednesday it had decided not to sell itself following a 17-month-long exploration of strategic alternatives. An American icon synonymous with handmade grand pianos, Steinway has struggled to keep its production margins competitive amid stagnant sales, and has seen its shares plunge 10 percent year-to-date. Still, its third-quarter earnings last month offered signs that cost-cutting was paying off. ...</p><br clear="all"/>http://news.yahoo.com/piano-maker-steinway-takes-down-sale-sign-013625804--sector.htmlThu, 27 Dec 2012 09:32:05 -0500Reuterspiano-maker-steinway-takes-down-sale-sign-013625804--sector<p><a href="http://news.yahoo.com/piano-maker-steinway-takes-down-sale-sign-013625804--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/uRX7M_7xmks6RMeucLHUdQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-12-27T143313Z_2_CBRE8BQ04GV00_RTROPTP_2_GERMANY.JPG" width="130" height="86" alt="The emblem of a historic Concert Grand piano is pictured during its refurbishing at the Steinway &amp; Sons factory in Hamburg" align="left" title="The emblem of a historic Concert Grand piano is pictured during its refurbishing at the Steinway &amp; Sons factory in Hamburg" border="0" /></a>NEW YORK (Reuters) - Steinway Musical Instruments Inc, the famous manufacturer of pianos, saxophones and trumpets, said on Wednesday it had decided not to sell itself following a 17-month-long exploration of strategic alternatives. An American icon synonymous with handmade grand pianos, Steinway has struggled to keep its production margins competitive amid stagnant sales, and has seen its shares plunge 10 percent year-to-date. Still, its third-quarter earnings last month offered signs that cost-cutting was paying off. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/nigerias-dangote-cement-expects-38-pct-rise-q1-142949900--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/2OH_8b14biNsTZrWg5CxMA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2012-12-24T142949Z_1_AJOE8BN149R00_RTROPTP_2_OZABS-NIGERIA-DANGOTECEMENT-20121224.JPG" width="130" height="86" alt="Labourers work at the Dangote Cement factory in Obajana village in Nigeria&#039;s central state of Kogi" align="left" title="Labourers work at the Dangote Cement factory in Obajana village in Nigeria&#039;s central state of Kogi" border="0" /></a>LAGOS (Reuters) - Nigeria&#039;s biggest listed company, Dangote Cement, expects pretax profit to rise 38.9 percent year-on-year to 42.09 billion naira in the first three months of next year, it said in a filing with the Nigerian Stock Exchange. Dangote Cement, Nigeria&#039;s biggest cement producer, said it expected turnover of around 81.6 billion naira in the first quarter, compared with 64.1 billion naira it achieved in the same period in 2012. ...</p><br clear="all"/>http://news.yahoo.com/nigerias-dangote-cement-expects-38-pct-rise-q1-142949900--finance.htmlMon, 24 Dec 2012 09:29:49 -0500Reutersnigerias-dangote-cement-expects-38-pct-rise-q1-142949900--finance<p><a href="http://news.yahoo.com/nigerias-dangote-cement-expects-38-pct-rise-q1-142949900--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/2OH_8b14biNsTZrWg5CxMA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2012-12-24T142949Z_1_AJOE8BN149R00_RTROPTP_2_OZABS-NIGERIA-DANGOTECEMENT-20121224.JPG" width="130" height="86" alt="Labourers work at the Dangote Cement factory in Obajana village in Nigeria&#039;s central state of Kogi" align="left" title="Labourers work at the Dangote Cement factory in Obajana village in Nigeria&#039;s central state of Kogi" border="0" /></a>LAGOS (Reuters) - Nigeria&#039;s biggest listed company, Dangote Cement, expects pretax profit to rise 38.9 percent year-on-year to 42.09 billion naira in the first three months of next year, it said in a filing with the Nigerian Stock Exchange. Dangote Cement, Nigeria&#039;s biggest cement producer, said it expected turnover of around 81.6 billion naira in the first quarter, compared with 64.1 billion naira it achieved in the same period in 2012. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/walgreen-fiscal-1q-profit-sinks-nearly-26-pct-125705980--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/tBpDggYiYeEyATVoVh_qEw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/983e7568d1b85523240f6a70670038f7.jpg" width="130" height="86" alt="In this Wednesday, Oct. 17, 2012 photo, people pass the Walgreens store in New York&#039;s Times Square. Walgreen Co.&#039;s fiscal first-quarter earnings sank nearly 26 percent as the nation&#039;s largest drugstore chain filled fewer prescriptions and absorbed costs tied to acquisitions and Superstorm Sandy. The Deerfield, Ill., company&#039;s performance fell short of Wall Street expectations, and the stock slipped Friday, Dec. 21, 2012, before markets opened. (AP Photo/Richard Drew)" align="left" title="In this Wednesday, Oct. 17, 2012 photo, people pass the Walgreens store in New York&#039;s Times Square. Walgreen Co.&#039;s fiscal first-quarter earnings sank nearly 26 percent as the nation&#039;s largest drugstore chain filled fewer prescriptions and absorbed costs tied to acquisitions and Superstorm Sandy. The Deerfield, Ill., company&#039;s performance fell short of Wall Street expectations, and the stock slipped Friday, Dec. 21, 2012, before markets opened. (AP Photo/Richard Drew)" border="0" /></a>Walgreen&#039;s fiscal first-quarter earnings sank nearly 26 percent as costs tied to a couple big deals and Superstorm Sandy helped put a bigger-than-expected dent in the drugstore chain&#039;s performance.</p><br clear="all"/>http://news.yahoo.com/walgreen-fiscal-1q-profit-sinks-nearly-26-pct-125705980--finance.htmlFri, 21 Dec 2012 18:23:17 -0500Associated Presswalgreen-fiscal-1q-profit-sinks-nearly-26-pct-125705980--finance<p><a href="http://news.yahoo.com/walgreen-fiscal-1q-profit-sinks-nearly-26-pct-125705980--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/tBpDggYiYeEyATVoVh_qEw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/983e7568d1b85523240f6a70670038f7.jpg" width="130" height="86" alt="In this Wednesday, Oct. 17, 2012 photo, people pass the Walgreens store in New York&#039;s Times Square. Walgreen Co.&#039;s fiscal first-quarter earnings sank nearly 26 percent as the nation&#039;s largest drugstore chain filled fewer prescriptions and absorbed costs tied to acquisitions and Superstorm Sandy. The Deerfield, Ill., company&#039;s performance fell short of Wall Street expectations, and the stock slipped Friday, Dec. 21, 2012, before markets opened. (AP Photo/Richard Drew)" align="left" title="In this Wednesday, Oct. 17, 2012 photo, people pass the Walgreens store in New York&#039;s Times Square. Walgreen Co.&#039;s fiscal first-quarter earnings sank nearly 26 percent as the nation&#039;s largest drugstore chain filled fewer prescriptions and absorbed costs tied to acquisitions and Superstorm Sandy. The Deerfield, Ill., company&#039;s performance fell short of Wall Street expectations, and the stock slipped Friday, Dec. 21, 2012, before markets opened. (AP Photo/Richard Drew)" border="0" /></a>Walgreen&#039;s fiscal first-quarter earnings sank nearly 26 percent as costs tied to a couple big deals and Superstorm Sandy helped put a bigger-than-expected dent in the drugstore chain&#039;s performance.</p><br clear="all"/><p><a href="http://news.yahoo.com/rim-shares-fall-open-earnings-143745989--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/DHLFu03mA7oo8Z_4ZWeHVw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-12-21T143745Z_1_CBRE8BK14N600_RTROPTP_2_CBUSINESS-US-RIM-SHARES.JPG" width="130" height="86" alt="A logo of the Blackberry maker&#039;s Research in Motion is seen on a building at RIM Technology Park in Waterloo" align="left" title="A logo of the Blackberry maker&#039;s Research in Motion is seen on a building at RIM Technology Park in Waterloo" border="0" /></a>TORONTO (Reuters) - Research In Motion Ltd fell in early trading on Friday following the BlackBerry maker&#039;s Thursday earnings announcement, when the company outlined plans to change the way it charges for services. RIM, pushing to revive its fortunes with the launch of its new BlackBerry 10 devices next month, surprised investors when it said it plans to alter its service revenue model, a move that could put the high-margin business under pressure. Shares fell 16.0 percent to $11.86 in early trading on the Nasdaq. Toronto-listed shares fell 15.8 percent to C$11.74. ...</p><br clear="all"/>http://news.yahoo.com/rim-shares-fall-open-earnings-143745989--finance.htmlFri, 21 Dec 2012 09:37:45 -0500Reutersrim-shares-fall-open-earnings-143745989--finance<p><a href="http://news.yahoo.com/rim-shares-fall-open-earnings-143745989--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/DHLFu03mA7oo8Z_4ZWeHVw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-12-21T143745Z_1_CBRE8BK14N600_RTROPTP_2_CBUSINESS-US-RIM-SHARES.JPG" width="130" height="86" alt="A logo of the Blackberry maker&#039;s Research in Motion is seen on a building at RIM Technology Park in Waterloo" align="left" title="A logo of the Blackberry maker&#039;s Research in Motion is seen on a building at RIM Technology Park in Waterloo" border="0" /></a>TORONTO (Reuters) - Research In Motion Ltd fell in early trading on Friday following the BlackBerry maker&#039;s Thursday earnings announcement, when the company outlined plans to change the way it charges for services. RIM, pushing to revive its fortunes with the launch of its new BlackBerry 10 devices next month, surprised investors when it said it plans to alter its service revenue model, a move that could put the high-margin business under pressure. Shares fell 16.0 percent to $11.86 in early trading on the Nasdaq. Toronto-listed shares fell 15.8 percent to C$11.74. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/discover-financial-services-4q-net-income-rises-140350104--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/81twGgTmANM9DZv903JqtQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/8841930ecede4823240f6a706700e089.jpg" width="130" height="86" alt="FILE - In this Monday, Sept. 24, 2012, file photo, a Discover logo is adhered to a window at the entrance of a shop in Cambridge, Mass. Discover Financial Services on Thursday, Dec. 20, 2012 reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up purchases and the company wrote off fewer unpaid balances. (AP Photo/Steven Senne, File)" align="left" title="FILE - In this Monday, Sept. 24, 2012, file photo, a Discover logo is adhered to a window at the entrance of a shop in Cambridge, Mass. Discover Financial Services on Thursday, Dec. 20, 2012 reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up purchases and the company wrote off fewer unpaid balances. (AP Photo/Steven Senne, File)" border="0" /></a>LOS ANGELES (AP) ? Discover Financial Services on Thursday reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up purchases and the company wrote off fewer unpaid balances.</p><br clear="all"/>http://news.yahoo.com/discover-financial-services-4q-net-income-rises-140350104--finance.htmlThu, 20 Dec 2012 20:22:19 -0500Associated Pressdiscover-financial-services-4q-net-income-rises-140350104--finance<p><a href="http://news.yahoo.com/discover-financial-services-4q-net-income-rises-140350104--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/81twGgTmANM9DZv903JqtQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/8841930ecede4823240f6a706700e089.jpg" width="130" height="86" alt="FILE - In this Monday, Sept. 24, 2012, file photo, a Discover logo is adhered to a window at the entrance of a shop in Cambridge, Mass. Discover Financial Services on Thursday, Dec. 20, 2012 reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up purchases and the company wrote off fewer unpaid balances. (AP Photo/Steven Senne, File)" align="left" title="FILE - In this Monday, Sept. 24, 2012, file photo, a Discover logo is adhered to a window at the entrance of a shop in Cambridge, Mass. Discover Financial Services on Thursday, Dec. 20, 2012 reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up purchases and the company wrote off fewer unpaid balances. (AP Photo/Steven Senne, File)" border="0" /></a>LOS ANGELES (AP) ? Discover Financial Services on Thursday reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up purchases and the company wrote off fewer unpaid balances.</p><br clear="all"/><p><a href="http://news.yahoo.com/burundi-tea-earnings-rise-27-pct-november-high-094651892--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/ZCT9NbZoMtcI8doeU.ZCgA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2012-12-20T094651Z_1_AJOE8BJ0R6500_RTROPTP_2_OZABS-BURUNDI-TEA-EARNINGS-RISE-27-PCT-IN-NOVEMBER.JPG" width="130" height="86" alt="A worker picks tea at a plantation in Githunguri" align="left" title="A worker picks tea at a plantation in Githunguri" border="0" /></a>BUJUMBURA (Reuters) - Burundi&#039;s tea export revenues rose 27 percent in November from the same month last year thanks to a stronger regional market, a tea board official said on Thursday. The state-run tea board (OTB) said it collected $1.80 million from the sale of 589,907 kg, up from $1.42 million earned in November 2011 from the export of 563,140 kg. &quot;Supplies of the commodity in the region were low following a fall in overall production, especially with Kenya,&quot; Joseph Marc Ndahigeze, OTB&#039;s export official, told Reuters. &quot;This has boosted prices and earnings for Burundi&#039;s tea. ...</p><br clear="all"/>http://news.yahoo.com/burundi-tea-earnings-rise-27-pct-november-high-094651892--sector.htmlThu, 20 Dec 2012 04:46:51 -0500Reutersburundi-tea-earnings-rise-27-pct-november-high-094651892--sector<p><a href="http://news.yahoo.com/burundi-tea-earnings-rise-27-pct-november-high-094651892--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/ZCT9NbZoMtcI8doeU.ZCgA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2012-12-20T094651Z_1_AJOE8BJ0R6500_RTROPTP_2_OZABS-BURUNDI-TEA-EARNINGS-RISE-27-PCT-IN-NOVEMBER.JPG" width="130" height="86" alt="A worker picks tea at a plantation in Githunguri" align="left" title="A worker picks tea at a plantation in Githunguri" border="0" /></a>BUJUMBURA (Reuters) - Burundi&#039;s tea export revenues rose 27 percent in November from the same month last year thanks to a stronger regional market, a tea board official said on Thursday. The state-run tea board (OTB) said it collected $1.80 million from the sale of 589,907 kg, up from $1.42 million earned in November 2011 from the export of 563,140 kg. &quot;Supplies of the commodity in the region were low following a fall in overall production, especially with Kenya,&quot; Joseph Marc Ndahigeze, OTB&#039;s export official, told Reuters. &quot;This has boosted prices and earnings for Burundi&#039;s tea. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/fedex-says-grow-cutting-costs-194634538--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/6RzPlCqUypDwCNc0g9MxUg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/cee8e3b89f1d2a23240f6a706700645b.jpg" width="130" height="86" alt="FILE - In this Monday, Dec. 10, 2012, file photo, workers sort packages at a FedEx sorting facility in Kansas City, Mo. FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings. The world&#039;s second-largest package delivery company lowered its economic forecast for the U.S., saying that there remains a lot of uncertainty for the company and the country. Its forecast for the current quarter, which incorporates the critical holiday season, falls short of Wall Street expectations. (AP Photo/Charlie Riedel, File)" align="left" title="FILE - In this Monday, Dec. 10, 2012, file photo, workers sort packages at a FedEx sorting facility in Kansas City, Mo. FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings. The world&#039;s second-largest package delivery company lowered its economic forecast for the U.S., saying that there remains a lot of uncertainty for the company and the country. Its forecast for the current quarter, which incorporates the critical holiday season, falls short of Wall Street expectations. (AP Photo/Charlie Riedel, File)" border="0" /></a>NEW YORK (AP) ? FedEx may be pessimistic about the U.S. economy, but it&#039;s confident about growing its earnings.</p><br clear="all"/>http://news.yahoo.com/fedex-says-grow-cutting-costs-194634538--finance.htmlWed, 19 Dec 2012 17:42:41 -0500Associated Pressfedex-says-grow-cutting-costs-194634538--finance<p><a href="http://news.yahoo.com/fedex-says-grow-cutting-costs-194634538--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/6RzPlCqUypDwCNc0g9MxUg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/cee8e3b89f1d2a23240f6a706700645b.jpg" width="130" height="86" alt="FILE - In this Monday, Dec. 10, 2012, file photo, workers sort packages at a FedEx sorting facility in Kansas City, Mo. FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings. The world&#039;s second-largest package delivery company lowered its economic forecast for the U.S., saying that there remains a lot of uncertainty for the company and the country. Its forecast for the current quarter, which incorporates the critical holiday season, falls short of Wall Street expectations. (AP Photo/Charlie Riedel, File)" align="left" title="FILE - In this Monday, Dec. 10, 2012, file photo, workers sort packages at a FedEx sorting facility in Kansas City, Mo. FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings. The world&#039;s second-largest package delivery company lowered its economic forecast for the U.S., saying that there remains a lot of uncertainty for the company and the country. Its forecast for the current quarter, which incorporates the critical holiday season, falls short of Wall Street expectations. (AP Photo/Charlie Riedel, File)" border="0" /></a>NEW YORK (AP) ? FedEx may be pessimistic about the U.S. economy, but it&#039;s confident about growing its earnings.</p><br clear="all"/><p><a href="http://news.yahoo.com/fedex-cost-plan-counter-sluggish-growth-170852942--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/6RzPlCqUypDwCNc0g9MxUg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/cee8e3b89f1d2a23240f6a706700645b.jpg" width="130" height="86" alt="FILE - In this Monday, Dec. 10, 2012, file photo, workers sort packages at a FedEx sorting facility in Kansas City, Mo. FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings. The world&#039;s second-largest package delivery company lowered its economic forecast for the U.S., saying that there remains a lot of uncertainty for the company and the country. Its forecast for the current quarter, which incorporates the critical holiday season, falls short of Wall Street expectations. (AP Photo/Charlie Riedel, File)" align="left" title="FILE - In this Monday, Dec. 10, 2012, file photo, workers sort packages at a FedEx sorting facility in Kansas City, Mo. FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings. The world&#039;s second-largest package delivery company lowered its economic forecast for the U.S., saying that there remains a lot of uncertainty for the company and the country. Its forecast for the current quarter, which incorporates the critical holiday season, falls short of Wall Street expectations. (AP Photo/Charlie Riedel, File)" border="0" /></a>NEW YORK (AP) ? FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings.</p><br clear="all"/>http://news.yahoo.com/fedex-cost-plan-counter-sluggish-growth-170852942--finance.htmlWed, 19 Dec 2012 13:21:43 -0500Associated Pressfedex-cost-plan-counter-sluggish-growth-170852942--finance<p><a href="http://news.yahoo.com/fedex-cost-plan-counter-sluggish-growth-170852942--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/6RzPlCqUypDwCNc0g9MxUg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/cee8e3b89f1d2a23240f6a706700645b.jpg" width="130" height="86" alt="FILE - In this Monday, Dec. 10, 2012, file photo, workers sort packages at a FedEx sorting facility in Kansas City, Mo. FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings. The world&#039;s second-largest package delivery company lowered its economic forecast for the U.S., saying that there remains a lot of uncertainty for the company and the country. Its forecast for the current quarter, which incorporates the critical holiday season, falls short of Wall Street expectations. (AP Photo/Charlie Riedel, File)" align="left" title="FILE - In this Monday, Dec. 10, 2012, file photo, workers sort packages at a FedEx sorting facility in Kansas City, Mo. FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings. The world&#039;s second-largest package delivery company lowered its economic forecast for the U.S., saying that there remains a lot of uncertainty for the company and the country. Its forecast for the current quarter, which incorporates the critical holiday season, falls short of Wall Street expectations. (AP Photo/Charlie Riedel, File)" border="0" /></a>NEW YORK (AP) ? FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings.</p><br clear="all"/>PORT LOUIS (Reuters) - Luxury hotels group New Mauritius Hotels (NMH) reported a 25 percent fall in full-year pretax profit, citing higher finance costs and fewer tourists, and forecast a 15 percent drop in first-quarter earnings. Ranked among the Indian Ocean island's most-traded stocks, NMH said on Wednesday that pretax profit for the year to September 30 fell to 603 million Indian rupees, with earnings per share down 20 percent at 3.60 rupees. The hotels group said that it won't pay a dividend this year, given the difficult conditions in the local tourism industry. ...http://news.yahoo.com/mauritius-hotels-posts-25-pct-drop-full-profit-144733997--finance.htmlWed, 19 Dec 2012 09:47:33 -0500Reutersmauritius-hotels-posts-25-pct-drop-full-profit-144733997--financeCOPENHAGEN (Reuters) - Shares in Danish drugs firm Lundbeck fell to their lowest level in over 12 years on Wednesday after it cut its profits forecast for the next two years as European sales slow and spending on new products rise to combat generic competition. The company has already warned that earnings would stall until 2015 due to cheap generic competition for its existing drugs, meaning new products will be vital for future earnings. ...http://news.yahoo.com/drugs-group-lundbecks-shares-hit-profit-warning-143747535--finance.htmlWed, 19 Dec 2012 09:37:47 -0500Reutersdrugs-group-lundbecks-shares-hit-profit-warning-143747535--financeLONDON (Reuters) - UBS's wealth management business will help it bounce back from a $1.5 billion rap for rigging interest rates, one of its largest investors said, although fears of costly civil lawsuits could cast a pall over its shares for some time. Paras Anand, European equities head at Fidelity Worldwide Investment, said legal action sparked by the Libor scandal posed an unpredictable threat to the bank's near-term earnings, even if its core private banking franchise escaped permanent harm. "The big unknown factor is the civil litigation that could follow on as a result of this... ...http://news.yahoo.com/top-ubs-shareholder-pins-rebound-hopes-private-wealth-141041234--sector.htmlWed, 19 Dec 2012 09:10:41 -0500Reuterstop-ubs-shareholder-pins-rebound-hopes-private-wealth-141041234--sectorCHARLOTTE, North Carolina (Reuters) - Bank of America Corp needs to show the U.S. Federal Reserve it can produce consistent earnings as part of the annual process to gain permission to return more capital to shareholders, CEO Brian Moynihan said in an interview. The second-largest U.S. bank is turning a profit in most of its main businesses, but it inherited costly legal problems when it acquired companies during the financial crisis, including subprime mortgage lender Countrywide Financial. In the third quarter, Bank of America reported only a nominal profit after reaching a $2. ...http://news.yahoo.com/bofa-ceo-fed-wants-bank-show-consistent-earnings-013958111--sector.htmlTue, 18 Dec 2012 20:39:58 -0500Reutersbofa-ceo-fed-wants-bank-show-consistent-earnings-013958111--sector<p><a href="http://news.yahoo.com/oracle-beats-outlook-shrugs-off-fiscal-debate-013934043--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/ZFOvbSurl9sWbe56MnU.iQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-12-18T222932Z_3_CBRE8BH1MSE00_RTROPTP_2_CTECH-US-ORACLE-RESULTS.JPG" width="130" height="86" alt="Oracle signage at Oracle OpenWorld 2012 event in San Francisco" align="left" title="Oracle signage at Oracle OpenWorld 2012 event in San Francisco" border="0" /></a>BOSTON/SAN FRANCISCO (Reuters) - Technology giant Oracle Corp said software sales growth will stay strong into the new year despite fears that there could be big tax hikes and U.S. government spending cuts that could cause a slump in spending by customers. Shares of the world&#039;s No. 3 software maker rose 1.3 percent after it reported fiscal second-quarter revenue and earnings that surpassed Wall Street forecasts. Oracle President Safra Catz told investors that businesses were still looking to spend money already allocated to 2012 technology budgets. ...</p><br clear="all"/>http://news.yahoo.com/oracle-beats-outlook-shrugs-off-fiscal-debate-013934043--sector.htmlTue, 18 Dec 2012 20:39:34 -0500Reutersoracle-beats-outlook-shrugs-off-fiscal-debate-013934043--sector<p><a href="http://news.yahoo.com/oracle-beats-outlook-shrugs-off-fiscal-debate-013934043--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/ZFOvbSurl9sWbe56MnU.iQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-12-18T222932Z_3_CBRE8BH1MSE00_RTROPTP_2_CTECH-US-ORACLE-RESULTS.JPG" width="130" height="86" alt="Oracle signage at Oracle OpenWorld 2012 event in San Francisco" align="left" title="Oracle signage at Oracle OpenWorld 2012 event in San Francisco" border="0" /></a>BOSTON/SAN FRANCISCO (Reuters) - Technology giant Oracle Corp said software sales growth will stay strong into the new year despite fears that there could be big tax hikes and U.S. government spending cuts that could cause a slump in spending by customers. Shares of the world&#039;s No. 3 software maker rose 1.3 percent after it reported fiscal second-quarter revenue and earnings that surpassed Wall Street forecasts. Oracle President Safra Catz told investors that businesses were still looking to spend money already allocated to 2012 technology budgets. ...</p><br clear="all"/>BOSTON (Reuters) - Oracle Corp, the world's No. 3 software maker, said it expects to report non-GAAP earnings per share of 64 cents to 68 cents in its fiscal third quarter. Oracle forecast that third-quarter new software sales and cloud subscriptions sales will rise 3 percent to 13 percent from a year earlier. The company said its sees third-quarter hardware products sales flat to down 10 percent from a year ago. Chief Executive Larry Ellison said he expects hardware systems revenue to start growing from the fiscal fourth quarter. ...http://news.yahoo.com/oracle-sees-third-quarter-profit-64-68-cents-222932400--sector.htmlTue, 18 Dec 2012 17:29:32 -0500Reutersoracle-sees-third-quarter-profit-64-68-cents-222932400--sectorOracle says its latest quarterly earnings rose 18 percent as companies splurged on more software and other technology toward the end of the year.http://news.yahoo.com/oracle-2q-earnings-rise-18-pct-tech-spending-211832301--finance.htmlTue, 18 Dec 2012 16:18:32 -0500Associated Pressoracle-2q-earnings-rise-18-pct-tech-spending-211832301--finance(Reuters) - Jefferies Group Inc reported a higher-than-expected adjusted quarterly profit as the investment bank benefited from higher earnings from its fixed-income unit, and said its business expansion in Asia has started delivering. The midsized investment bank has been expanding in China and India and recently poached bankers from the Royal Bank of Scotland to expand its business in China. Jefferies said it also benefited from a pickup in trading across the board in September thanks to fresh stimulus plans from the U.S. ...http://news.yahoo.com/jefferies-results-beat-estimates-higher-fixed-income-revenue-161648311--sector.htmlTue, 18 Dec 2012 11:16:48 -0500Reutersjefferies-results-beat-estimates-higher-fixed-income-revenue-161648311--sector(Reuters) - FactSet Research Systems Inc reported lower-than-expected first-quarter revenue, and the financial information provider forecast current-quarter results largely below estimates as banks and brokerages cut costs. FactSet shares fell 5 percent before the bell on Tuesday. The company, which provides data to portfolio managers, research analysts and investment bankers, forecast second-quarter earnings of $1.11 to $1.13 per share, on revenue of $212 million and $215 million. Analysts on average were expecting earnings of $1.13 per share on revenue of $216. ...http://news.yahoo.com/factset-forecasts-second-quarter-results-largely-below-estimates-141205578--sector.htmlTue, 18 Dec 2012 09:12:05 -0500Reutersfactset-forecasts-second-quarter-results-largely-below-estimates-141205578--sector<p><a href="http://news.yahoo.com/sun-life-sell-u-annuity-business-1-35-123612105--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/SVgxD_WGGC_O.09IvFB9sA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-12-17T191557Z_1_CBRE8BG131F00_RTROPTP_2_CANADA.JPG" width="130" height="86" alt="Sun Life Financial President and CEO Connor speaks at their annual general meeting for shareholders in Toronto" align="left" title="Sun Life Financial President and CEO Connor speaks at their annual general meeting for shareholders in Toronto" border="0" /></a>TORONTO (Reuters) - Sun Life Financial Inc will sell its U.S. annuity business for $1.35 billion to a firm connected to Guggenheim Partners in a deal that should reduce the exposure of the insurer&#039;s earnings to market swings and boost its cash levels. While the deal could bring long-term benefits to Sun Life, whose earnings have been derailed by wild market swings during recent years, investors pulled the company&#039;s shares down by nearly 4 percent as the financial terms fell short of initial expectations. ...</p><br clear="all"/>http://news.yahoo.com/sun-life-sell-u-annuity-business-1-35-123612105--sector.htmlMon, 17 Dec 2012 16:35:39 -0500Reuterssun-life-sell-u-annuity-business-1-35-123612105--sector<p><a href="http://news.yahoo.com/sun-life-sell-u-annuity-business-1-35-123612105--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/SVgxD_WGGC_O.09IvFB9sA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-12-17T191557Z_1_CBRE8BG131F00_RTROPTP_2_CANADA.JPG" width="130" height="86" alt="Sun Life Financial President and CEO Connor speaks at their annual general meeting for shareholders in Toronto" align="left" title="Sun Life Financial President and CEO Connor speaks at their annual general meeting for shareholders in Toronto" border="0" /></a>TORONTO (Reuters) - Sun Life Financial Inc will sell its U.S. annuity business for $1.35 billion to a firm connected to Guggenheim Partners in a deal that should reduce the exposure of the insurer&#039;s earnings to market swings and boost its cash levels. While the deal could bring long-term benefits to Sun Life, whose earnings have been derailed by wild market swings during recent years, investors pulled the company&#039;s shares down by nearly 4 percent as the financial terms fell short of initial expectations. ...</p><br clear="all"/>(Reuters) - Natural gas distributor Laclede Group Inc is buying two utilities from Energy Transfer Equity LP for $1 billion, doubling its customer numbers and boosting its exposure to more stable state-regulated income. More than 91 percent of Laclede's earnings will come from rate-regulated business after the acquisition of Missouri Gas Energy and New England Gas Co, owned by Energy Transfer's affiliate, Southern Union Co. About 68 percent of Laclede's operating revenue of $1.12 billion came from its regulated gas distribution business in the year ended September 30. "With lower ... ...http://news.yahoo.com/laclede-double-customers-1-billion-deal-energy-transfer-172521903--finance.htmlMon, 17 Dec 2012 12:25:21 -0500Reuterslaclede-double-customers-1-billion-deal-energy-transfer-172521903--financeZURICH (Reuters) - Zurich estimates that damage claims relating to tropical storm Sandy, which hit the United States in October, will amount to $700 million in its fourth-quarter earnings. The Swiss insurer's announcement on Monday also said that it expects $58 million of "reinstatement premiums due on reinsurance covers". The company gave no further explanation. It is due to report quarterly earnings on February 14. The storm, which killed 132 people in the United States and Canada on October 29, led to power outages, disruptions of public transport and massive damage to infrastructure. U.S. ...http://news.yahoo.com/zurich-puts-sandy-storm-damage-claims-700-million-074059570--finance.htmlMon, 17 Dec 2012 02:40:59 -0500Reuterszurich-puts-sandy-storm-damage-claims-700-million-074059570--finance<p><a href="http://news.yahoo.com/burundi-coffee-earnings-rise-46-pct-november-120709238--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/G_rIpHTh3A8f1xe1KmsAng--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2012-12-14T120709Z_1_AJOE8BD0XO900_RTROPTP_2_OZABS-BURUNDI-COFFEE-20121214.JPG" width="130" height="86" alt="To match Insight AFRICA/SPENDERS-INFLATION" align="left" title="To match Insight AFRICA/SPENDERS-INFLATION" border="0" /></a>BUJUMBURA (Reuters) - Burundi&#039;s coffee revenues rose 46 percent in November from the previous month on higher prices and export volumes, the country&#039;s industry regulator said on Friday. The country earned $5.7 million from the sale of 1,671,638 kg versus $3.9 million it earned in October from the export of 1,205,919 kg. &quot;Coffee farmers were asked to produce Arabica beans of highest quality following an uncertain world market. This resulted in the selling in November of an important quantity of speciality brands, boosting earnings,&quot; regulator ARFIC said in its monthly report. ...</p><br clear="all"/>http://news.yahoo.com/burundi-coffee-earnings-rise-46-pct-november-120709238--finance.htmlFri, 14 Dec 2012 07:07:09 -0500Reutersburundi-coffee-earnings-rise-46-pct-november-120709238--finance<p><a href="http://news.yahoo.com/burundi-coffee-earnings-rise-46-pct-november-120709238--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/G_rIpHTh3A8f1xe1KmsAng--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2012-12-14T120709Z_1_AJOE8BD0XO900_RTROPTP_2_OZABS-BURUNDI-COFFEE-20121214.JPG" width="130" height="86" alt="To match Insight AFRICA/SPENDERS-INFLATION" align="left" title="To match Insight AFRICA/SPENDERS-INFLATION" border="0" /></a>BUJUMBURA (Reuters) - Burundi&#039;s coffee revenues rose 46 percent in November from the previous month on higher prices and export volumes, the country&#039;s industry regulator said on Friday. The country earned $5.7 million from the sale of 1,671,638 kg versus $3.9 million it earned in October from the export of 1,205,919 kg. &quot;Coffee farmers were asked to produce Arabica beans of highest quality following an uncertain world market. This resulted in the selling in November of an important quantity of speciality brands, boosting earnings,&quot; regulator ARFIC said in its monthly report. ...</p><br clear="all"/>

Source: http://rss.news.yahoo.com/rss/earnings

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