FOX News: Business

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Updated: 32 min 49 sec ago

USA Today Publisher Gannett Revenue Rises 5%

Tue, 04/21/2015 - 8:42am
Gannett Co Inc, publisher of USA Today, reported a 5 percent rise in quarterly revenue, helped by increased broadcasting revenue.
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Under Armor Profit Falls 13.4%

Tue, 04/21/2015 - 8:15am
Sports apparel maker Under Armor Inc reported a 13.4 percent fall in quarterly profit, hurt by higher costs related to its recent acquisitions.
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H-P Teams Up with FireEye, Mandiant on Cybersecurity

Tue, 04/21/2015 - 8:07am
Hewlett-Packard Co will team with prominent cybersecurity firm FireEye Inc to offer services including assessments and incident response, bringing one of the most sophisticated security teams to a much broader market.
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CEO of bailed-out Cyprus' largest bank to quit for personal reasons, leaves in 4 months

Tue, 04/21/2015 - 7:58am
The largest bank in bailed-out Cyprus says its top executive will leave his job in four months because of personal reasons and that he intends to move back to his native Ireland.
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TD Ameritrade Profit Falls 2.6% on Higher Expenses

Tue, 04/21/2015 - 7:57am
Discount broker TD Ameritrade Holding Corp reported a 2.6 percent fall in quarterly profit, hurt by higher expenses.
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Travelers Profit Falls 21% on Lower Investment Returns

Tue, 04/21/2015 - 7:55am
Property and casualty insurer Travelers Cos Inc reported a 21 percent fall in quarterly net profit due to lower net investment income and a drop in underwriting gains.
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Lockheed Martin Profit Drops 6% on Fewer Jet Deliveries

Tue, 04/21/2015 - 7:49am
Lockheed Martin Corp, the Pentagon's No. 1 weapons supplier, reported a 6 percent fall in quarterly profit, partly due to fewer aircraft deliveries.
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Verizon Beats Profit, Sales Slightly Short In First Quarter

Tue, 04/21/2015 - 7:45am
Verizon Communications Inc. said Tuesday it had net income of $4.3 billion, or $1.02 a share, in the first quarter, down from $5.9 billion, or $1.15 a share, in the year-earlier period.
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Verizon Reveals Bottom-Line Beat in First Quarter

Tue, 04/21/2015 - 7:38am
The blue-chip wireless company revealed adjusted profits per share that beat the street in the first quarter, while revenue came in slightly below expectations.
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Lockheed Martin Beats Profit Expectations, Lifts Outlook

Tue, 04/21/2015 - 7:37am
Lockheed Martin Corp. reported on Tuesday a first-quarter profit that declined to $878 million, or $2.74 a share, from $933 million, or $2.87 a share, in the year-earlier period.
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Kimberly-Clark Beats Profit, Sales Estimates And Affirms Outlook

Tue, 04/21/2015 - 7:26am
Kimberly-Clark Corp. said Tuesday it had net income of $468 million, or $1.27 a share, in the first quarter, compared with $538 million, or $1.26 a share, in the year-earlier period.
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U.S. Dollar Strength a Headwind for DuPont

Tue, 04/21/2015 - 7:16am
DuPont warned investors Tuesday the U.S. dollar's strength will cut its earnings for the year more than forecast in January, while it reported a decline in sales across all of its segments. The company also announced a 4% dividend increase with earnings that beat.
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Greek local authorities outraged by decree ordering state enterprise funds in loan basket

Tue, 04/21/2015 - 7:16am
Authorities from municipalities across Greece will hold an emergency meeting Tuesday after the government ordered reserves from state enterprises to be placed in a common account to help the country meet its financial obligations and avoid default.
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United Technologies Posts Mixed First Quarter

Tue, 04/21/2015 - 7:08am
The industrial company unveiled adjusted first-quarter earnings per share that outpaced Wall Street estimates, while revenue came in shy of expectations.
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Fifth Third Bancorp meets 1Q net income expectations, tops revenue forecasts

Tue, 04/21/2015 - 7:00am
Fifth Third Bancorp (FITB) on Tuesday reported first-quarter profit of $382 million.
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DuPont tops 1Q net income expectations, misses revenue forecasts

Tue, 04/21/2015 - 6:27am
DuPont Co. (DD) on Tuesday reported first-quarter net income of $1.03 billion.
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Despite troubles, 6 reasons why McDonald's is still far from death's door

Tue, 04/21/2015 - 3:00am
McDonald's sales have been sputtering for more than two years and the company seems trapped in a cycle of bad headlines that likely won't end soon.
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US chamber of commerce in China urges more transparency from government, rule of law

Tue, 04/21/2015 - 2:54am
The American Chamber of Commerce in China is calling for more government transparency and fairness as the confidence of U.S. companies in the country's investment climate deteriorates.
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Biden, energy secretary visiting Philadelphia on Tuesday to speak at Peco Energy

Tue, 04/21/2015 - 2:37am
Vice President Joe Biden and Energy Secretary Ernest Moniz will travel to Philadelphia to speak at a utility company.
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Japan's maglev, fastest train in world, breaks own speed record at 603 kph (375 mph)

Tue, 04/21/2015 - 2:36am
A Japanese maglev that is the fastest passenger train in the world has broken its own speed record.
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