Heinz Reports Earnings of 78 Cents Per Share

Heinz Co. (HNZ) reported earnings per share from continuing operations of 78 cents for the quarter ended Oct. 27, compared with 76 cents per share a year earlier.

Sales for the second quarter of fiscal 2011 fell 1.2% to $2.61 billion, the company sai…

Staples Reports Third Quarter EPS of 40 Cents

Staples (SPLS) reported third quarter earnings of 40 cents per share, up from 37 cents a year ago.

Sales rose slightly to $6.5 billion, Staples said in a statement. Sales at stores open at least one year fell 1%.

“Our growth initiatives in North Am…

Saks Earnings Jump to 20 Cents Per Share

Saks Inc. (SKS) reported earnings of 20 cents per share for the third quarter, compared with 4 cents per share a year earlier.

The results for the third quarter included a gain of 14 cents per share related to the reversal of certain estimated income…

Cisco Systems Plunges on Outlook Fears

Shares of networking equipment maker Cisco Systems plunged more than 16% Thursday as the company’s forecast and comments from CEO John Chambers spooked investors.
Continue reading Cisco Systems Plunges on Outlo…

Kohl’s Third-Quarter Earnings Meet Street Estimates

Kohl’s Corp. (KSS) reported earnings of 63 cents per share for the quarter ended Oct. 30, unchanged from a year earlier.

The department store operator said net sales rose 4.1% to $4.2 billion. Sales at stores open at least one year rose 1.8%, the com…