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Hasbro 4Q revenue misses, to cut jobs

Toy maker Hasbro says its fourth-quarter revenue failed to meet expectations because of weaker-than-expected demand over the holidays.

 

Netflix Stock Surges 37 Percent After Incredible Quarter

Netflix stock is on its way to its biggest one-day gain since the video subscription service went public more than a decade ago. The stock had climbed $38.40, or 37 percent, to $141.66 in early afternoon trading Thursday as investors celebrated a fourth-quarter earnings report that Netflix Inc. released late Wednesday. Earlier in the session, the shares hit a new 52-week high of $149.17.

 

Samsung Earnings: Looking To Upstage Apple With Mobile Surge

Samsung Electronics is expected to announce its Q4 results on January 25. The electronics giant has already given a sneak peek into its earnings, announcing earlier this month that its operating profits grew close to 90% y-o-y to a record 8.8 trillion Won ($8.3 billion) during the holiday quarter.

 

Apple revenue falls short again, iPhone sales disappoint

Apple

Apple Inc missed revenue expectations for the third straight quarter after sales of its flagship iPhone came in below Wall Street's targets, driving its shares down 6 percent.

 

Strong banks, energy companies stand out in early earnings

J.P. Morgan Chase

If the latest week of earnings season has told investors anything, it is that strong banks and energy companies are getting stronger, while weaker banks and technology companies are far from conquering the challenges they have faced in the last few years.

 

As GE profits rise, investors wonder about cash plans

(Reuters) - What's Jeff Immelt going to do with the money? General Electric Co shareholders are wondering what the company's chief executive plans to do with a cash windfall that could total tens of billions of dollars over several years as the company sells its remaining stake in NBC Universal and recoups more of the profits earned by finance unit GE Capital.

 

Intel profits and revenues fall

Intel shares fall in after-hours trading as the computer chipmaker unveils a drop in sales and profits for the last three months of 2012.

 

Citigroup profit hit by more than $2 billion in charges

Citigroup Inc posted $2.32 billion of charges for layoffs and lawsuits in its first financial report under new Chief Executive Michael Corbat, who said the bank needs to do better for shareholders.

 

EBay's fourth-quarter revenue rose 18 percent

EBay

EBay Inc reported holiday quarter results that just beat Wall Street expectations, but the e-commerce company also gave a cautious forecast for 2013. EBay shares climbed 1.7 percent to $53.80 in after-hours trading following the announcement. Expectations were high ahead of the results because sales data from outside sources suggested strong sales growth from eBay's online marketplace and a solid increase in transactions processed by the company's PayPal payments business.

 

Samsung Extends its Lead Over Apple

Samsung sold more than 97 million mobile phones in the third quarter, besting Apple’s (NASDAQ: AAPL) iPhone by more than 74 million units. According to Gartner (NYSE: IT), nearly 428 million mobile phones were sold during the quarter. Approximately 23.5 million of those phones were manufactured by Apple — 97.9 million were made by Samsung.

 

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