revenue

JPMorgan presses managers to cut costs as profits fall

Senior executives at JPMorgan Chase & Co (JPM.N) are pressuring managers across the bank to cut costs, after disappointing revenue growth has hurt profits, a person familiar with the matter told Reuters on Wednesday.

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Senate passes bill temporarily renewing tax breaks

Dozens of temporary tax breaks, including big ones for business research, wind power and foreign profits, were renewed by the U.S. Senate late on Tuesday, putting to rest worries that further delays in dealing with the so-called tax extenders might foul up the approaching tax-filing season.

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After strong debut, Virgin America may be fully priced: Barron's

After soaring more than 30 percent in its market debut on Friday, shares of low-cost airline Virgin America Inc may be fully priced, according to a report in Barron's.

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J.C. Penney reports flat same-store sales as autumn sales slow

J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Wednesday but said same-store sales were flat and slightly cut its full year revenue forecast, sending shares of the department store chain lower in extended trade.

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'Guardians', 'Maleficent' drive Disney's revenue higher

Walt Disney Co (DIS.N) reported a better-than-expected 7 percent increase in quarterly revenue on Thursday, driven by hit movies "Guardians of the Galaxy" and "Maleficent."

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Strong book sales push News Corp profit above estimates

News Corp (NWSA.O), publisher of the Wall Street Journal, reported quarterly revenue and profit above estimates, helped by higher sales at its book publishing and online real estate businesses.

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India's Modi vows to bring back 'black money'

India's Prime Minister Narendra Modi said on Sunday he was committed to bring back funds illegally deposited in banks outside the country to avoid tax, widely referred to as "black money".

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Visa adjusted profit rises as consumer confidence improves

Visa Inc (V.N), the world's largest credit and debit card company, reported a better-than-expected adjusted quarterly profit as improving consumer confidence worldwide encouraged more shoppers to use plastic.

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Wall St. finally turning on Amazon as Bezos magic fades

Amazon.com Inc's (AMZN.O) once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector's highest valuations drew widespread ire after a spectacular results letdown on Thursday.

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P&G shuffles management, focuses on streamlining co

Procter & Gamble Co (PG.N) said on Wednesday that the head of its North American business, Melanie Healey, will retire next June, as the company puts together a new leadership team in an effort to revive sagging sales growth and gain market share.

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Verizon posts higher revenue, falls short of profit estimates

Verizon Communications Inc (VZ.N) on Tuesday posted lower-than-expected quarterly earnings, but revenue rose as it added customers to its wireless business.

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McDonald's quarterly profit falls 30 percent

McDonald's Corp (MCD.N) reported a 30 percent fall in quarterly profit, hurt by a food scandal in China and intense competition in the United States.

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Morgan Stanley, armed with cash from fixed income dump, goes shopping

Morgan Stanley (MS.N), which has spent three years throwing out bad apples from its fixed income trading portfolio, now wants to put the freed up money into businesses that bear healthier fruit.

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Google's revenue falls short despite curbing price declines

Google Inc's revenue fell short of Wall Street's expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent.

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Netflix's U.S. growth slows, shares plunge

Netflix Inc signed up fewer video streaming subscribers than forecast for the quarter that ended in September as its U.S. growth slowed markedly, sending its shares plunging as much as 27 percent.

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