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Kori's Most Recent Article

The Gap Tops Analysts Expectations and Re-Affirms Full Year Guidance

05/22/14 - 05:52 PM EDT

Shares of The Gap moved lower after the close on Thursday despite reporting first quarter results which topped forecasts.

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Department of Justice Charges Chinese Military Officials With Hacking Department of Justice Charges Chinese Military Officials With Hacking

05/19/14 - 05:09 PM EDT

The Department of Justice announced on Monday it plans on charging individuals in the Chinese military with hacking U.S. companies, including Alcoa, Westinghouse and U.S. Steel.

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What To Watch Monday May 19: Earnings From Urban Outfitters What To Watch Monday May 19: Earnings From Urban Outfitters

05/16/14 - 05:45 PM EDT

Despite an expected dip in profit, analysts are generally optimistic about Urban Outfitters, as it prepares to reports its first-quarter results on Monday.

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Weekly Earnings Scorecard: Revenue Still Falling Short Weekly Earnings Scorecard: Revenue Still Falling Short

05/16/14 - 04:30 PM EDT

We're nearing the end of earnings season with 93 percent of companies in the S&P 500 having reported their quarterly results, let's look at our scorecard.

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Nordstrom Beats Analysts' Expectations With Strong Earnings Nordstrom Beats Analysts' Expectations With Strong Earnings

05/15/14 - 05:37 PM EDT

Nordstrom posted better than expected earnings in the latest quarter even though it saw some margin compression, sending shares up almost 9 percent in after-hours trading.

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J.C. Penney Shares Surge on Second Quarter of Consecutive Sales Growth J.C. Penney Shares Surge on Second Quarter of Consecutive Sales Growth

05/15/14 - 05:29 PM EDT

J.C. Penney beat analyst forecasts in its latest quarter as gross margins continued to improve. The stock is up over 18 percent in after-hours trading.

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What to Watch Friday May 16: Canadian Solar Earnings What to Watch Friday May 16: Canadian Solar Earnings

05/15/14 - 04:37 PM EDT

Canadian Solar has given guidance that's in-line with analysts’ estimates of $0.12 a share, which doubles earnings from a year ago. It's also expecting $430 million in revenues.

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Cisco Shares Surge on Earnings Beat, But Overall Numbers Are Weak Cisco Shares Surge on Earnings Beat, But Overall Numbers Are Weak

05/14/14 - 05:22 PM EDT

Cisco surprised the Street with earnings of $0.51 a share, 3 cents higher than estimates. However, revenues of $11.5 billion were lower than last year's $12.2 billion.

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Madoff Ponzi Scheme Claims Exceed $40 Billion as Investors With Losses Double Madoff Ponzi Scheme Claims Exceed $40 Billion as Investors With Losses Double

05/14/14 - 03:40 PM EDT

The Department of Justice announced that more than 50,000 people from 119 countries have submitted claims related to Bernie Madoff's Ponzi scheme.

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IBM Tries to Convince Investors Its Business Will Stabilize IBM Tries to Convince Investors Its Business Will Stabilize

05/14/14 - 03:14 PM EDT

IBM has reported lower year-over-year sales for 8 quarters in a row, causing many investors to lose patience with the lagging stock. IBM shares are down 6 percent for the past year.

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What to Watch Wednesday May 14: Cisco's Quarterly Results What to Watch Wednesday May 14: Cisco's Quarterly Results

05/13/14 - 07:00 PM EDT

Cisco's shares are down by more than one percent ahead of its quarterly results, leaving investors nervous ahead of its earnings report on Wednesday.

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