Earnings Forecasts

SOUTH BEND – Winter weather makes it tough to think about spring and golf, but right now the City of South Bend has no choice.  Nearly 20 years after it opened, one of the four golf courses owned by the city says it will lose business without nearly...

NEW YORK (AP) — McDonald's used the Dollar Menu to help lift its profit in the latest quarter. Now the world's biggest hamburger chain is turning to a pipeline of new menu items to boost slumping sales, starting with "Fish McBites." The Oak Brook,...

NEW YORK (AP) — FedEx may be pessimistic about the U.S. economy, but it's confident about growing its earnings. The world's second-largest package delivery company, a bellwether for economic health because of the vast number and kinds of shipments...

(Repeats story first filed on Friday) By Kate Holton LONDON, May 17 (Reuters) - After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would...

LONDON (Reuters) - After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever. Chief executive for five years,...

NEW YORK (Reuters) - The U.S. dollar soared against major currencies on Friday on growing speculation that the Federal Reserve could soon begin to rein in its bond-buying program and after data showed U.S. consumer sentiment hit an almost six-year high in...

May 17 (Reuters) - Canada's main stock index looked set to open higher, although gains might be capped after San Francisco Federal Reserve Bank President John Williams hinted the U.S. central bank could begin pulling back its aggressive monetary easing...

SACRAMENTO -- Earlier this week, Gov. Jerry Brown surprised budget watchers with his pessimistic outlook for California’s future, predicting that state revenues will come in about $2 billion lower next year than his administration thought in...

(Reuters) - Wal-Mart Stores Inc posted weaker-than-expected quarterly earnings on Thursday due to poor U.S. sales and said its profit for this quarter might also miss Wall Street's forecast. Everything from pressure on shoppers to a cool start to...

* 1st quarter profit per share 73 cents vs estimates of 76 cents * Now sees full-year same-store sales up 3-5 pct * Shares down 3.9 percent after-hours May 16 (Reuters) - Nordstrom Inc on Thursday reported lower-than-expected sales and profit for the...

Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) Iron ore miner Brockman Mining is seeking access to the railway lines of Fortescue...

(Reuters) - Autodesk Inc's first-quarter results missed market expectations on sales declines in the Americas and emerging markets, prompting the maker of AutoCAD design software to cut its full-year revenue forecast. Shares of the company fell 5 percent...