| May 22, 2014
| 6:32 AM
Sears Holdings Corp. posted a steep first-quarter loss Thursday as revenue continued its seven-year slide amid continued store closures.
The Hoffman Estates-based retailer reported a $402 million loss in the first quarter, or $3.79 per diluted share, a...
| May 27, 2014
| 6:33 PM
The billion-dollar takeover battle targeting Irvine-based Allergan is heading into high gear this week with both sides on the attack.
On Tuesday, Allergan Inc., the maker of Botox, launched a broadside against Canadian rival Valeant Pharmaceutics...
| Apr 30, 2014
| 2:30 PM
DreamWorks Animation shares have slid sharply after the company took a $57 million impairment charge against earnings due to disappointing box office results for "Mr. Peabody and Sherman."
Shares were down 9.6% in mid-session trading Wednesday, falling...
| May 1, 2014
| 4:47 AM
Cigna Corp. reported first-quarter earnings significantly above analysts' expectations, as the company said it better managed company expenses and medical costs.
Net income for the quarter $528 million, or $1.92 per share, compared with $57 million ,or...
| Feb 11, 2014
| 6:34 PM
Virgin America, the California-based airline backed by billionaire Sir Richard Branson, is planning to go public this year now that the air carrier has two consecutive profitable quarters behind it.
Investment banks Barclays and Deutsche Bank have...
| Apr 22, 2014
| 7:01 AM
The nation's largest motorcycle company has reported stronger-than-expected first-quarter results for 2014.
Harley-Davidson Inc., which trades on the New York Stock Exchange as HOG, on Tuesday reported net income of $265.9 million against revenue of $1....
| Mar 18, 2014
| 4:52 PM
American Apparel Inc. is fighting to retain its listing on the New York Stock Exchange while buried in negotiations over financing -- efforts that the Los Angeles retailer said would force it to file its annual report late.
The clothing manufacturer and...
| Mar 25, 2014
| 10:55 AM
Carnival Corp., the world's largest cruise line company, reported a $15-million net loss for the three months that ended Feb. 28 as it continues to rebound from several cruise catastrophes.
The Miami-based company that controls nearly 50% of the market...
| Feb 26, 2014
| 2:09 PM
U.S. banking industry earnings increased nearly 10% last year to a record $154.7 billion, according to the Federal Deposit Insurance Corp., due mainly to banks setting aside less money to cover potential loan losses and litigation costs.
The FDIC said...
| Feb 27, 2014
| 12:09 PM
Lego: Everything is awesome for toy brick company Lego, which said Thursday that its global sales rose 10% last year even as the global toy market suffered a slight revenue slide.
The Danish company, whose star turn in “The Lego Movie” has...
| Feb 26, 2014
| 7:33 AM
The holiday season was never going to be easy for Target Corp. as it tried to lift foot traffic and keep up with competitors’ discounts.
But it was the vast data breach at the Minneapolis retailer in the heat of Christmas shopping season that...