By Leslie Scism
American International Group Inc., the big insurer that received (and later repaid) one of the biggest bailout packages of the financial crisis, is expected to announce its fourth-quarter earnings after the market closes Thursday.
Net Sales Increased 34% in Q4 and 35% in FY 2014 Organic Net Sales Increased 11% in Q4 and 12% for FY 2014, Excluding Results of Earthbound and So Delicious Adjusted Total Operating Income Increased 43% in Q4 and 45% in FY 2014; Continued Strong Operating Margin Expansion Adjusted Diluted Earnings per Share Increased 24% in Q4 to $0.27 and 36% in FY 2014 to $1.00, Excluding China Joint Venture FY 2015 Adjusted Diluted Earnings Per Share Guidance of $1.08 to $1.12, Excluding China Joint Venture Investments.
By Huileng Tan
SINGAPORE--Wilmar International Ltd.'s (F34.SG) net profit in the fourth quarter rose 8.7% from a year earlier due to improved performances in most key segments and higher contributions from associates, the company said in a statement Thursday.
By Diana Furchtgott-Roth, MarketWatch
His remarks on health care come as the office-supply chain is under antitrust review
The Staples office-supply chain is now the latest victim in a series of politically charged attacks from the White House on corporations.
Yum! Brands (NYSE: YUM), one of the world’s largest restaurant companies
with more than 41,000 KFC, Pizza Hut and Taco Bell restaurants in over
125 countries and territories, announced today that Chief People Officer
Anne Byerlein has been named one of Forbes’ Top 10 Chief Human
Resources Officers (CHRO). The Top 10 CHRO list was developed by Mike
Myatt, a Forbes contributor, author and leadership expert and
advisor to Fortune 500 CEOs and Boards.
By Caitlin Huston, MarketWatch
Zulily, Inc. shares dropped 26% Thursday, a day after the company missed expectations for its fourth-quarter earnings, but analysts have a favorable view of the company over the long term.
(Adds further details, CEO comment.)
ZURICH--Zurich Insurance Group AG (ZURN.VX) reported a 3% fall in 2014 net income as the company completed its exit from a Russian business and said it faced a challenging economic environment.
Announces Entrance into Mobile Action Strategy Category with Upcoming Launches of NaturalMotion's Dawn of Titans and Zynga's Empires & Allies Expands FarmVille Franchise into the Mobile Match 3 Category with the Upcoming Launch of FarmVille: Harvest Swap Announces Zynga China Studio Closure
SAN FRANCISCO, Feb.
By Chelsey Dulaney
Game maker to record $3.1 million in charges
Zynga Inc. said Thursday that it will shutter its Beijing office and cut 71 jobs, or about 4% of its workforce, after the office's FarmVillage launches failed to meet expectations.
Shares of Zynga Inc. (ZNGA) plunged 11% in after-hours trade Thursday, after the social game developer indicated it would record a surprise first-quarter loss on sales that are well below expectations.
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