| Aug 7, 2013
| 4:09 PM
Sinclair Broadcast Group Inc.'s second-quarter net income fell 41 percent, to $17.8 million, or 19 cents a share, from $30.1 million, or 37 cents a share, in the same period a year earlier but beat Wall Street's expectations.
Profits for the three months...
| Aug 7, 2013
| 9:01 AM
Thanks to a strong performance from its cable networks including TNT and TBS, media giant Time Warner Inc. posted strong revenue and profit gains and beat the estimates of Wall Street analysts.
Revenue at Time Warner grew 10% to $7.4 billion and the...
| Aug 8, 2013
| 7:28 AM
WASHINGTON -- Boosted by the housing market rebound, bailed-out mortgage-finance giant Fannie Mae posted its sixth straight quarterly profit in the April-June period and will pay an additional $10.2 billion in dividends to the federal government.
| Aug 8, 2013
| 2:53 PM
Lions Gate Entertainment Corp. reported net income of $13.6 million for the fiscal quarter ending June 30 -- a notable improvement over the same period a year earlier, when the company lost $44.2 million despite having the blockbuster "The Hunger Games"...
| Aug 12, 2013
| 5:48 PM
The Dole Food Co. agreed Monday to sell all its remaining shares to the company's chairman and chief executive, David H. Murdock, taking the Westlake Village produce giant private in a sweetened deal valued at $1.2 billion.
The 90-year-old Los Angeles...
| Aug 14, 2013
| 12:27 PM
MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., reported net income of $35.9 million for its fiscal second quarter ending June 30.
The Beverly Hills-based film and television company's revenue rose dramatically -- by 164% -- to $339 million....
| Aug 15, 2013
| 8:21 AM
Wal-Mart Stores Inc., the world’s largest retailer, cut its outlook for the rest of the year after reporting second-quarter earnings that fell below expectations.
The disappointing performance, coupled with pessimistic forecasts from Macy’...
| Aug 20, 2013
| 9:24 AM
The housing recovery and improving economy led Home Depot Inc., the nation's largest home improvement retailer, to post better-than-expected second-quarter earnings, which jumped 17% over the same period last year.
The Atlanta-based company reported...
| Aug 21, 2013
| 8:20 AM
Lowe's fiscal second-quarter earnings provided even further evidence that the housing recovery is boosting the economy.
Lowe's Cos. on Wednesday reported that earnings for the quarter that ended Aug. 2 jumped 26% to $941 million, or 88 cents a share,...
| Aug 22, 2013
| 11:39 AM
Maybe it’s a backlash to booty shorts and over-sexed advertising. Or it’s resentment over the resistance to plus-size products. Possibly it’s due to the economy, which is still squeezing teens and their parents.
Whatever the reason,...
| Aug 27, 2013
| 10:42 AM
Nordstrom is investing in more Oxford Circus style, adding store-within-a-store boutiques featuring Brit brands Topshop and Topman to more of its upscale department stores, including the location under construction at the Americana at Brand.