This is source I found from another site, main source you can find in last paragraph
Genworth Financial swings to loss in fourth quarter
(5:30 PM ET) SAN FRANCISCO (MarketWatch) -- Genworth Financial Inc. GNW, >+0.79% reported a net operating loss of $416 million, or 84 cents a share in the fourth quarter, compared with net operating income of $193 million, or 38 cents, a year earlier. Analysts had been expecting the company to lose 8 cents a share in the period, according to a survey of analysts by FactSet. The company said it is launching a restructuring plan in a bid to save $100 million before taxes over the next two years.
NCR Corp. shares fall 3% after pre-tax charges announced
(4:38 PM ET) NEW YORK (MarketWatch) -- NCR Corp. NCR, >+1.14% shares fell 3% in after-hours trade Tuesday after the company beat expectations but announced pre-tax charges for 2015. NCR reported net income of $35 million, or 22 cents a share, down from $297 million, or $1.21 a share, in the year-earlier period. The company said it had adjusted earnings per share of 88 cents, above the FactSet consensus of 78 cents. The company reported sales of $1.768 billion, up from $1.670 billion in the year-earlier period and above the FactSet consensus of $1.762 billion. NCR has an ongoing restructuring plan and said it expects to incur a pre-tax charge of $200 million to $225 million, with $163 million recorded in 2014 and the rest in 2015.
Pier 1 Imports' stock tumbles after lowered profit, sales outlook
(4:37 PM ET) NEW YORK (MarketWatch) -- Shares of Pier 1 Imports Inc. PIR, >-1.66% plunged 24% in after-hours trade, after the specialty home furnishings retailer slashed its profit and sales outlook for fiscal 2015 and said its chief financial officer was retiring. The company cut its earnings-per-share outlook for the fiscal year ending in February to a range of 80 cents to 83 cents from a previous estimate of 95 cents to $1.05, citing softer-than-expected sales in January and February. Analysts surveyed by FactSet were expecting EPS of $1. Same-store sales growth is now expected to be about 5%, compared with a previous growth outlook in the mid-to-high-single digit percentage range. "Following a strong holiday period, we registered respectable company comparable sales growth of 5.7% in January -- but the results were well below our forecast, which had overestimated the recapture of lost sales from last year's storms. This is also causing us to take a more cautious view of sales for February," said Chief Executive Alex Smith. The company also said Chief Financial Officer Charles Turner has retired, and will be replaced on an interim basis by Executive Vice President Laura Coffey. The stock had run up 27% over the past three months through Tuesday's close, while the S&P 500 had gained 1.4%.
Akamai Technologies' beats profit, sales expectations
(4:18 PM ET) NEW YORK (MarketWatch) -- Akamai Technologies AKAM, >+1.70% reported a fourth-quarter net profit that rose to $97.1 million, or 54 cents a share, from $91.2 million, or 50 cents a share, in the year-earlier period. Excluding non-recurring items, adjusted earnings per share were 70 cents, beating the FactSet consensus analyst estimate of 63 cents. The cloud services company said revenue rose 23% to $536 million, above analyst forecasts of $526 million, with particular strength in its security and media businesses. The company said if the negative effects of currency moves were factored out, revenue would have increased 25%. The stock eased 0.2% in after-hours trade. It has gained 1.9% over the past three months through Tuesday's close, slightly better than the S&P 500's 1.4% rise.
Dean Foods shares drop 3% after company misses fourth quarter expectations
(8:23 AM ET) NEW YORK (MarketWatch) -- Dean Foods Co. shares DF, >+0.77% fell 3% after the company reported fourth-quarter earnings that missed expectations Tuesday. The company said it had net income of $5 million, or six cents per share, after a loss of $38 million, or 40 cents per share, in the year-earlier period. Adjusted earnings per share came to 8 cents, below the FactSet consensus of 10 cents. Sales rose to $2.395 billion, up from $2.295 billion in the year-earlier period, but below the FactSet consensus of $2.438 billion. Dean Foods said it expects first quarter adjusted EPS of 12 cents to 22 cents, compared to the FactSet consensus of 22 cents.
Coca-Cola shares up 3% after company beat fourth quarter expectations
(7:56 AM ET) NEW YORK (MarketWatch) -- Coca-Cola Company KO, >+0.20% shares were up 3% in pre-market trade Tuesday after the company beat earnings expectations. The company reported net income of $771 million, or 17 cents a share, down from $1.708 billion, or 38 cents per share in the year-earlier period. The company reported adjusted earnings per share of 44 cents, above the FactSet consensus of 42 cents. Coca-Cola reported sales of $10.87 billion, down from $11.04 billion in the year-earlier period but above the FactSet consensus of $10.758 billion.
Monster Worldwide to cut 300 jobs, reports Q4 results
(7:48 AM ET) NEW YORK (MarketWatch) -- Monster Worldwide MWW said it was laying off 300 employees, or 7% of its global full-time workforce, as part of a cost-cutting plan that could save the employment services company $38 million to $45 million a year. As a result, the company said it expects a record a charge of $18 million to $23 million in the first half of the year. Monster also reported fourth-quarter net loss of $289.7 million, or $3.31 a share, compared with a loss of $20.1 million, or 21 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share were 7 cents, above the FactSet consensus analyst estimate of 6 cents. Revenue declined 6% to $186.2 million, missing analyst forecasts of $192.6 million. The company expects first-quarter adjusted EPS of 5 cents to 9 cents, surrounding analyst projections of 7 cents. The stock, which was still inactive in premarket trade, has gained 2.7% over the past three months while the S&P 500 has edged up 0.4%.
Molson Coors profit falls as currencies, lower volumes weigh
(7:43 AM ET) NEW YORK (MarketWatch) -- Molson Coors Brewing Company TAP, >+0.00% said Tuesday it is raising its dividend by 11% and prepping a $1 billion share buyback, as it reported fourth-quarter earnings. The company said it had net income of $93.2 million, or 55 cents a share, down about 32% from the year earlier due to a higher tax rate, foreign currency moves, lower worldwide volumes and increased investments. Sales fell 5.3% to $973.8 million. The FactSet consensus was for EPS of 69 cents and sales of $969 million. "Weak consumer demand continued across our largest markets, but we made good progress in building a stronger brand portfolio, delivering value-added innovation, strengthening our core brand positions, and increasing our share in above premium," Chief Executive Mark Hunter said in a statement. The company raised its quarterly dividend to 41 cents a share from 38 cents, beginning in the first quarter. Shares were not yet active in premarket, but are down 0.4% in the last three months, while the S&P 500 has gained 0.4%.
Reynolds sales climb as higher cigarette pricing offsets lower volumes
(7:19 AM ET) NEW YORK (MarketWatch) -- Tobacco company Reynolds American Inc. RAI said Tuesday it had net income of $148 million, or 28 cents a share, in the fourth quarter, down from $292 million, or 54 cents a share, in the year-earlier period. Adjusted per-share earnings which exclude charges for pensions and other retirement adjustments as well as transaction-related costs, came to 87 cents, matching the FactSet consensus. Sales rose to $2.134 billion from $2.039 billion, compared with the FactSet consensus of $2.137 billion. The company, which is acquiring Lorillard Inc., said higher cigarette and moist-snuff pricing helped offset lower cigarette volume and investment in its VUSE digital vapor. Reynolds now expects 2014 adjusted per-share earnings of $3.65 to $3.80, compared with the current FactSet consensus of $3.79. Shares were not yet active in premarket trade, but have gained 4.6% in the last three months, while the S&P 500 has gained 0.4%.
CVS Health's stock gains after profit, sales beat expectations
(7:13 AM ET) NEW YORK (MarketWatch) -- CVS Health Corp.'s stock CVS, >+0.09% rose 1.9% in light, premarket trade on Tuesday, after the drugstore chain reported better-than-expected fourth-quarter profit and sales. For the quarter ended Dec. 31, net earnings rose to $1.32 billion, or $1.14 a share, from $1.27 billion, or $1.05, a share. Excluding non-recurring items, adjusted earnings per share were $1.21, above the FactSet consensus analyst estimate of $1.20. Revenue rose 12.9% to $37.06 billion, beating analyst forecasts of $36.1 billion, boosted by 22% growth in pharmacy services sales. In the retail pharmacy segment, same-store sales increased 1.6%, as a 5.5% rise in pharmacy same-store sales offset a 7.2% drop in front store same-store sales, which were hurt by softer customer traffic. CVS affirmed adjusted earnings-per-share outlook of $1.06 to $1.09 for the first quarter and of $5.05 to $5.19 for 2015. The stock has gained 12% over the past three months through Monday, while the S&P 500 has edged up 0.4%.