Earnings Forecasts

Spring was waiting in the wings longer than expected, but the recuperating housing market was enough to boost Home Depot Inc.’s first-quarter earnings above Wall Street’s expectations. For the period ended May 5, the largest home-improvement...

NEW YORK (AP) — ESPN is cutting its workforce, the latest Disney division to reduce staff. "We are implementing changes across the company to enhance our continued growth while smartly managing costs," the sports media giant said in a statement...

* Central bank cash fuels index gains despite weak data * Rally defies earning downgrades, nasty data surprises * Market tolerance seen unlikely to last past year-end By Simon Jessop LONDON, May 21 (Reuters) - Central bank cash may not be enough to...

May 21 (Reuters) - Medical device maker Medtronic Inc reported a better-than-expected quarterly profit driven by strong international sales. Net earnings were $969 million, or 95 cents per share, for the fourth quarter ended April 26, compared with...

* Home Depot raises outlook, shares jump * Carnival guides lower once more, shares tumble * JPMorgan shareholders to decide on Dimon's chairmanship * Futures: Dow up 4 pts, S&P off 2 pts, Nasdaq off 3 pts NEW YORK, May 21 (Reuters) - U.S. stock...

May 21 (Reuters) - TJX Cos Inc, owner of the low-price T.J. Maxx and Marshalls chains, reported a higher first-quarter profit, and forecast more sales growth in the current quarter. But the retailer, whose chains sells fashion and home goods at big...

(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...

(Reuters) - Teen apparel retailer Urban Outfitters Inc's sales missed analysts' estimates even as reduced discounting helped shore up profit in the first quarter. Shares of the company fell as much as 4 percent to $42.77 in post-market trading on Monday....

* Annual output of 45 mln T would be highest in 3 yrs * Japan's reflationary policy helps domestic demand By Yuka Obayashi TOKYO, May 20 (Reuters) - Nippon Steel and Sumitomo Metal Corp expects its domestic crude steel output to rise 2 percent in the...

* Main mining union NUM seeks wage hikes of up to 60 pct * Gold companies' shares drop, rand also under pressure * Threat of mines unrest is headache for ruling ANC * NUM rival AMCU now dominates tense platinum sector By Ed Stoddard JOHANNESBURG, May...

TOKYO, May 20 (Reuters) - The Nikkei share average is set to extend its record-breaking run on Monday, as further weakness in the yen and signs of an improving U.S. economic outlook bolsters prospects for higher Japanese corporate earnings in the...