Earnings

Oracle, one of the world's biggest software companies, on Thursday posted fiscal second-quarter earnings that grew 28% year over year. It's the latest sign that companies are spending more on technology.

Research in Motion's fiscal third-quarter profit rose 45%, beating analysts' expectations as BlackBerry smartphone shipments jumped. Is the BlackBerry outselling the iPhone?

Shipping company FedEx (FDX), often seen as a bellwether of the economy, reported Wednesday that net income in its fiscal 2011 second-quarter declined 18% from a year ago period, even as revenue climbed 12%. Both income and revenue missed Wall Street estimates. The company, however, raised it fiscal...

FedEx will likely show an increase in fiscal second-quarter earnings of about 20% from a year earlier when it releases its latest report on Thursday. The huge air-cargo carrier is looking for a jump in revenue to more than offset rising costs for jet fuel and other items.

Helped by the expansion of its industrial business, General Electric expect to boost its revenue in fiscal 2011, CEO Jeff Immelt said in a presentation to investors Tuesday.

Best Buy shares are plunging in pre-market trading after the giant retailer reported lower-than-expected earnings and slashed its guidance for the full year.

FedEx, the world's leading package-delivery service and an ostensible bellwether of the U.S. economy, will report its latest earnings this week. Also, with the holiday shopping season well underway, Best Buy and Discover Financial Services are also reporting quarterly results.

The country's second-largest bookstore widened its third-quarter loss to nearly double that of a year ago. Even worse, the estimated value of its inventory has declined, making it harder for Borders to borrow money. Will the company find a way to transform itself?

After getting into a salary squabble with the satellite radio company, the self-styled King of All Media resolved his beef and re-signed. Details of the deal aren't available, but it's likely Sirius represented the least-risky way for the star to keep his career flying.

Costco Wholesale Corp. (COST) reported earnings of 71 cents per share for the quarter ended Nov. 21, compared with 60 cents per share a year earlier.

The consolidation of the company's joint venture in Mexico has no impact on earnings attributable to Costco, the company said in a statement.

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