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KEPR 19

US banking industry posts highest quarterly profit since 2007
Los Angeles Times
By Jim Puzzanghera WASHINGTON -- The US banking industry posted a $35.3-billion profit in the first quarter of the year, its best performance since 2007, the Federal Deposit Insurance Corp. said Thursday. The industry continued to recover from the ...
Bank Profits Get Healthier, FDIC Says, But Outlook Still CloudyForbes

US bank earnings rose this winter to 5-year highThe Associated Press
U.S. Banks Post Best Earnings Since MeltdownTheStreet.com
MarketWatch -San Francisco Chronicle
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Plain Dealer

US Banks See Strong Profits
Wall Street Journal
By VICTORIA MCGRANE WASHINGTON—US banks reported their highest quarterly profit since mid-2007 in the first period, while overall lending activity decreased for the first time in four quarters, a bank regulator said, a sign that while the industry ...
U.S. Bank Earnings Rose 23% on Lower Reserves, FDIC SaysBloomberg

US bank industry posts highest earnings since 2007Reuters
FDIC: Bank profits at highest level since 2007MarketWatch
Los Angeles Times
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solarserver.com

Trina Solar swings to loss after provision
MarketWatch
By Kristin Jones Trina Solar Ltd. (NYSE:TSL) swung to a wider-than-expected first-quarter loss as the Chinese solar-products maker's margins were squeezed by provisions for anti-dumping duties. Solar companies have struggled as prices fall amid stiff ...
Trina Solar Slips To Loss In Q1 - Quick FactsNASDAQ

Trina Solar sees higher 2nd-qtr shipments, marginsReuters Africa
Trina Solar Leads ADR Drop on Earnings Outlook: China OvernightBloomberg

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Does JPMorgan Have $20 of Upside?
CNBC.com
With shares of JPMorgan He tell us there are 3 key issues to consider: Size of the Loss – “I think it will be very manageable relative to the $20 billion in earnings power that JPM has,” says O'Connor. De-Risking - “We estimate that to be a few ...

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ITN

Ryanair Says Fuel Costs, Euro Crisis To Pinch Profit
Wall Street Journal
DB) Monday warned earnings will fall sharply this year as it becomes harder to offset high fuel costs with fare increases amid tough economic conditions in Europe. But the Irish carrier's better-than-expected 50% jump in profit in the year to end-March ...
Ireland's 'No' Campaigners Are 'Lunatics': Ryanair CEOCNBC.com

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US banks' earnings may fall on Europe woes - JMP
Reuters
* Cuts JPMorgan, BofA, Citigroup to "market underperform" * Downgrades Goldman, Morgan Stanley to "market underperform" * Expects banks' share prices to suffer on Europe concerns May 21 (Reuters) - Large US banks, including JPMorgan Chase & Co, ...

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Telegraph.co.uk

Ryanair warns Europe slowdown to cut profit
Reuters
* Irish airline beats forecasts with 25 pct 2012 profit surge * Warns profit to slump by up to 20 pct in coming year * CEO says fare hikes won't compensate for higher fuel * Announces second-ever dividend of 483 mln eur By Conor Humphries DUBLIN, ...
Ryanair posts record annual profit of ?560 millionThe Associated Press

Ryanair unveils record annual profitAFP
Ryanair Boosts Annual Earnings 25%, Predicts Decline This YearBloomberg
Telegraph.co.uk -BBC News
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Cramer: Earnings to Watch Next Week
CNBC.com
What follows is “Mad Money” host Jim Cramer' “Game Plan” for the week of Monday, May 21. MONDAY, MAY 21 Home improvement retailer Lowe's “I am circumspect on Lowe's after the reaction that Home Depot Being as Lowe's is only located in the United States ...
Cramer's 'Mad Money' Recap: Game Plan for Next WeekTheStreet.com

Are you interested in buying Facebook stock?msnbc.com
Cramer's Mad Money - Salesforce Is The Facebook For Enterprise (5/17/12)Seeking Alpha

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Salesforce.com Swings To 1Q Loss; Core Results Beat View
Wall Street Journal
Salesforce.com Inc. (CRM) swung to a first-quarter loss as the business-software marker recorded higher operating expenses, though revenue continued to grow. Shares jumped 2.7% to $137.55 after hours as the company's adjusted earnings and sales beat ...
Salesforce beats Street in first quarter, raises FY outlookReuters

Salesforce shares up on results, outlookMarketWatch
LIVE: Salesforce Reports Earnings! (CRM)San Francisco Chronicle
Investor's Business Daily -RTT News -Barron's (blog)
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Daily Mail

Wal-Mart Posts 1Q Beat
Fox Business
Wal-Mart Stores Inc posted a better-than-expected quarterly profit on Thursday as its Walmart US division showed a 2.6 percent rise in sales at stores open at least a year, as warm weather and an earlier Easter enticed shoppers to spend.
Walmart reports Q1 EPS of $1.09, above guidance; Walmart U.S. and Sam's ...MarketWatch (press release)

Man sues Wal-Mart for $1M, says he was traumatized by racist comment made on ...Washington Post
Forbes Earnings Preview: Wal-Mart StoresForbes

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