Darden Restaurants Inc. (NYSE: DRI) reported on Friday that fiscal first quarter income fell steeply as higher labor and food costs cut margin, offsetting improvement in sale-growth. Shares fell as both earnings and revenue...
The dollar index recovered somewhat on Friday after falling to a seven week trough earlier this week as the panic sell-off of the U.S. unit, which was triggered after the Federal Reserve surprisingly opted...
TIBCO Software Inc. (NASDAQ: TIBX) reported late on Thursday that earnings fell 19% in the fiscal third quarter. The bottom line felt the pressure as operating margin contracted due to restructuring charges and sales...
Cintas Corporation (NASDAQ: CTAS) said late on Thursday that sales rose across all segments in the fiscal first quarter, resulting in slight improvement in the bottom line even as operating margins contracted. Shares gained...
The dollar index hovered near its seven month low on Thursday as investors continued to cut positions on the U.S. unit after the Federal Reserve surprised everyone by continuing with its $85 billion worth...
Enterprise software maker, Oracle Corporation (NYSE: ORCL) said late on Wednesday that fiscal first quarter net income rose 8%, aided by higher revenue from cloud subscriptions and new software licensing. Earnings beat analysts’ expectation...
Steelcase Inc. (NYSE: SCS) reported weaker-than-expected earnings and revenue for the fiscal second quarter. Higher income tax expenses, costs linked to restructuring hurt the office furniture maker’s bottom line, offsetting slight improvement in sales....
The U.S. dollar index eased on Wednesday as investors expect that the Federal Reserve’s pull-back of bond purchase program will be mild, to begin with. The Fed’s two-day open market committee meeting will conclude...
Adobe Systems Inc. (NASDAQ: ADBE) said after the market close on Tuesday that fiscal third quarter profit more than halved as its new business model (subscription based revenue instead of selling software on upfront...
AT&T Inc. (NYSE: T), the second largest wireless carrier in the United States, is likely to announce its business expansion plans in Latin America on Wednesday. AT&T representatives said that the company has entered...