Licensing revenue jumped 13.6% to $785 million, topping estimates of $772.9 million, while the legacy on-premises business grew in the "low single…
While store closures helped Sears cut its third-quarter loss by nearly $200 million, "the fundamental economics of the business do not add up."
“The debt overhang left by previous years of underperformance remains a significant financial challenge," the radio station owner's CEO says.
The rating agency says Guitar Center bondholders could receive less than par in a restructuring, which would amount to a "selective default."
The 1% gain in same-store sales in the Americas was offset by weakness in Europe and the Asia-Pacific region.
The rating agency says GE's return to higher margins and stronger free cash flow is going more slowly than it previously anticipated.
After some lean years for agricultural machinery sales, farmers are “buying equipment again to replenish aging fleet."
Lowe’s Companies delivered better-than-expected quarterly results across the board as sales, like those of rival Home Depot, benefited from…
Average net interest margin reached its highest level since late 2012 as banks continued to benefit from rate hikes.
QBO subscribers rose 170,000 to 2.55 million in Q1 as Intuit capitalized on increased small business usage of the cloud.