| Jan 8, 2014
| 7:31 AM
J.C. Penney Co. said it’s “pleased with its performance for the holiday period” and reaffirmed its forecast for the fourth quarter.
The Plano, Texas, company, which has struggled with an identity crisis in recent years, said...
| Jan 8, 2014
| 6:20 PM
Santa slacked off during the holidays, delivering a solidly so-so season for retailers.
Shoppers were less impressed and more careful during the season compared with the previous one, doing their research before picking through shelves of uninspiring...
| Jan 13, 2014
| 11:04 AM
Lululemon Athletica Inc. indicated that it may keep paying for last year’s missteps well into 2014, cutting its financial forecast for the fiscal fourth quarter ending on Feb. 2.
The Vancouver, Canada, yoga apparel maker — with a new chief...
| Jan 14, 2014
| 6:06 AM
NEW YORK -- JPMorgan Chase & Co.'s profit slipped 7% in the fourth quarter as the bank's legal costs mounted and investment banking slumped.
The nation's largest bank said Tuesday it earned $5.3 billion, or $1.30 a share, down from $5.7 billion, or $1....
| Jan 15, 2014
| 5:17 PM
NEW YORK — Bank of America Corp.'s fourth-quarter profit surged as the financial giant continued to work through its hangover from the housing meltdown.
The Charlotte, N.C., bank Wednesday reported net income of $3.4 billion, or 29 cents a share,...
| Jan 17, 2014
| 3:11 PM
General Electric Co. shares fell the most in seven months after Chief Executive Jeffrey Immelt failed to deliver on a profit-margin forecast that he had been repeating for more than a year.
GE shares dropped 62 cents, or 2.3%, to $26.58 on Friday...
| Jan 20, 2014
Republican governor hopeful Bruce Rauner has shaped a campaign narrative as a business-savvy, detail-oriented Mr. Fixit in a state in dire need of fixing. But there's one investment in the venture capitalist's portfolio that diverts sharply from that...
| Nov 6, 2013
| 2:58 PM
Sinclair Broadcast Group Inc. saw profit for the third quarter jump 38 percent, benefiting from strength in television advertising and growth in revenue from fees broadcasters charge cable TV companies to carry their signals.
The Hunt Valley-based TV...
| Nov 7, 2013
| 5:30 PM
WASHINGTON — U.S. economic growth improved in the third quarter to a surprisingly solid 2.8% annual rate, the fastest in a year, bolstered by a restocking of goods by businesses.
Details of the Commerce Department's report Thursday, however,...
| Nov 8, 2013
| 12:25 PM
Lions Gate Entertainment Corp. reported a profit of $505,000 for the fiscal quarter ending Sept. 30 -- a significant decline from the same quarter a year earlier, when the studio made $75.5 million.
Revenue was $498.7 million, down 29% from $707 million...
| Nov 8, 2013
| 4:20 PM
WASHINGTON — All of a sudden, the American economy is looking very resilient — much more so than experts had thought.
Despite forecasts that job growth would be sapped by the budget impasse and government shutdown, employers in the U.S....