| Jul 10, 2014
| 4:40 PM
No. 1 mortgage lender Wells Fargo & Co. kicked off the bank earnings season with a 3.8% increase in profit in a report that sent modestly positive signals about Main Street lending and the housing market.
Wells Fargo had second-quarter net income of $5....
| Jul 11, 2014
Shares of Potbelly Corp. lost one-fourth of their value Thursday, after the Chicago-based sandwich chain gave a bleak report on its latest quarter and slashed expectations for the year.
Even as Wall Street analysts cut their forecasts, some said they...
| Jul 11, 2014
Accretive Health Inc. on Thursday named its third new chief executive in the past two years.
The beleaguered Chicago-based hospital billings and revenue management company, embroiled in controversy and management problems for more than two years, named...
| Jul 11, 2014
| 6:18 PM
With solid quarterly results, Wells Fargo & Co. showed why it has become a darling of banking investors, but it also raised a crucial question:
How can the San Francisco financial giant continue its hot stock performance at a time when economic growth...
| Jun 24, 2014
| 10:38 AM
Following a wave of calamities at sea, Carnival Corp. reported strong profit and revenue in its fiscal second quarter, with bookings for the rest of the year on pace to surpass last year's numbers.
For the three months ended May 31, Carnival reported...
| Jun 25, 2014
| 4:30 PM
Citing strong reactions to its plans for launching three digital networks, Cinedigm topper Chris McGurk is promising a robust expansion of its streaming services.
McGurk made the assertion Wednesday as part of Cinedigm's earnings report for its fourth...
| Jun 26, 2014
| 2:40 PM
McCormick & Co. saw its profit jump nearly 8 percent in the second quarter amid higher sales to consumers as well as to food manufacturers and restaurants, the Sparks-based spice maker said Thursday.
But higher-than-expected earnings, mostly driven by...
| Jun 29, 2014
| 6:45 PM
Back in mid-1930s Los Angeles, Hubert Hansen probably never envisioned that his fresh juice business would turn into a monster.
Monster Beverage Corp. of Corona has become a giant in the energy drink industry and may be on track to overtake its...
| Jul 2, 2014
| 10:19 AM
The lackluster economy prompted Gov. Martin O'Malley to propose erasing $84 million in planned spending for next year.
Just a day after the new state budget took effect, O'Malley persuaded the Board of Public Works unanimously to approve a modest set of...
| Jun 23, 2014
If delivering products was all there was to running a tech company, Ixia of Calabasas would be in good shape.
Founded in 1997, Ixia began as a provider of high-speed data network systems — extremely fast information pipelines — for well-...
| Aug 18, 2014
| 5:31 PM
Despite seeing a surge in container traffic, and mounting interest from business prospects, the Port of Virginia continues to operate at a loss — albeit not nearly as large as first anticipated.
Officials with the Virginia Port Authority announced...