Wisconsin Chronicle

Kate Spade earnings fall short of forecasts

Kate Spade & Co. (KATE) on Tuesday reported fourth-quarter net income of $61.5 million. The New York-based company said it had net income of 48 cents per share. Earnings, adjusted

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Carl Icahn posts worst loss since 2008

Carl Icahn, who briefly flirted with a role as Donald Trump’s Treasury Secretary, just posted his worst investment losses since the dark days of the financial crisis. The 80-year-old investor’s

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United Natural Foods to acquire Haddon House for $217.5 million

Natural and organic food product distributor United Natural Foods said Monday that it will acquire Haddon House Food Products in a $217.5 million deal. The acquisition positions United Natural Foods

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Sears Q4 loss deeper after competitive holiday season

Sears (SHLD) reported a fourth quarter loss Thursday well below expectations after struggling through a competitive holiday season. Sears warned earlier this month that it didn’t expect to fare well

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JPMorgan strikes bullish tone even as oil woes rise

In the latest sign of a divided economy, JPMorgan Chase CEO Jamie Dimon gave an impassioned speech Tuesday about how U.S. consumers are “winners” of the current economy, even as

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HSBC warns of bumpy outlook as 2015 profit dips

HSBC warned of a “bumpier” global financial outlook thanks to China’s slowing economy, as it reported Monday that profit dipped slightly last year. Europe’s biggest bank posted a net profit

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Pandora shares bounce after Q4 earnings miss and sale report

Pandora shares fell more than 6% after the Net radio provider posted a net loss the fourth quarter and fiscal 2015. Pandora (P) shares fell 6.5% to $8.50 in after-hours

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Chipotle Q4 income falls 44% on health scares

Chipotle Mexican Grill, the embattled burrito restaurant chain, said Tuesday its fourth-quarter net income plummeted 44%, marking its worst quarter as a publicly traded company after an E.coli outbreak and

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American Airlines: Record profit for 2015

American Airlines Group ended 2015 with a $3.3 billion profit in the fourth quarter, capping off a record-breaking year and

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Alibaba beats Street with December earnings

Mobile shopping continues to drive revenue at e-commerce giant Alibaba, beating Wall Street on earnings for the December quarter. Alibaba

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Ford profit triggers record $9,300 UAW worker bonuses

Ford Motor (F) reported a strong fourth-quarter and full-year profit, enough to trigger record $9,300 profit-sharing checks for about 52,700

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Alibaba beats Street with December earnings

Mobile shopping continues to drive revenue at e-commerce giant Alibaba, beating Wall Street on earnings for the December quarter. Alibaba

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Johnson & Johnson to cut 3,000 jobs

Global health giant Johnson & Johnson plans to shed about 3,000 jobs as the strong U.S. dollar takes a toll

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UnitedHealth Q4 profit falls, says Obamacare is one factor

The nation’s largest health insurer saw a 19% drop in fourth-quarter profit in 2015 but still ended the year exceeding

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Neiman Marcus Q1 revenue slips 1.8% as store sales decline

Neiman Marcus Group, a luxury department store operator, said Monday its fiscal first quarter revenue declined 1.8% from a year

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Verizon beats Street with third quarter earnings

Verizon narrowly beat Wall Street forecasts for revenue and earnings in the third quarter, as the telecom giant experienced “quality

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Fitbit shares slump off stock offering update

Fitbit ended down more than 12% to $27.86 Friday after the wearable maker scaled back on a proposed secondary public

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J.C. Penney posts third-quarter loss but beats sales expectations

J.C. Penney’s (JCP) third quarter earnings report Friday disappointed investors despite beating expectations for sales growth. Penney’s stock tanked more

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Walmart beats Q3 earnings target, shares jump

Walmart (WMT) reported third quarter earnings that beat Wall Street’s lowered expectations Tuesday. The retailer has been struggling to get ahead

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J&J reports mixed results, $10B share buyback

Johnson & Johnson (JNJ) reported mixed third-quarter earnings Tuesday as the pharmaceutical giant also announced plans for a $10 billion

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