Microsoft Beats Expectations On Strength Of Xbox And Kinect Sales

David Becker/Getty ImagesIntel reported lower-than-expected quarterly revenue due to an unexpected slowdown in growth at its data center business, on which the world's largest chipmaker is banking to reduce its reliance on the personal computer market. The company's shares fell nearly 4 percent to $35.97 in trading after the bell on Thursday.

Zacks.com submits: Kimco Realty Corp (KIM), a leading real estate investment trust ((REIT)), reported a 17.3% increase in first quarter 2010 rental revenues compared to the year-earlier quarter. Revenues for the reported quarter increased to $227.0 million from $193.6 million in the year-ago quarter.

Intel Corporation (NASDAQ:INTC) has failed to reward shareholders with any positive news since the start of fiscal year 2016, as the stock has plunged more than 13%. However, the chipmaker managed to report better-than-expected results for its fourth quarter of 2015, but declined roughly 9% again on Friday post-earnings, based on slowdown in the data center business.

The second-largest US bank by assets, Bank of America Corp (BAC) reported its third-quarter results for fiscal ’14 (3QFY14) before the opening bell today. The bank’s revenue clocked in at $21.4 billion, up 1% year-over-year (YoY) and ahead of analysts’ expectations of $21.36 million. Adjusted earnings came in at 42 cents per share, higher than analysts’ estimate of 32 cents. 

Macy's, Inc. (M) opened in the green today after the company reaffirmed its full-year guidance as April sales picked up after a harsh winter. The department store that caters to mid and upscale customers also announced its first-quarter results for fiscal year 2014 (1QFY14; ended May 3, 2014). The company managed to beat earnings estimates but fell short on account of revenues for the thirteen-week period.

Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA) rallied 8% in extended trading yesterday when the company announced upbeat results for the fourth quarter of its fiscal year 2014 (4QFY14; ended February 2, 2014) after the bell. The beauty retailer managed to gain investors’ confidence, issuing mixed guidance for the ongoing quarter as well as the full fiscal year.

DuPont (DD) announced the results for the fourth quarter (4Q) of its fiscal year 2013 (FY13) today, and reported adjusted earnings per share of 59 cents for the quarter, which ended December 31, 2013. Reported earnings per share beat the Street’s estimates by 4 cents, while the company recorded net income of $185 million for the quarter, up from $92 million recorded in the comparable quarter a year ago. Revenues earned during the quarter came out to be $7.84 billion, up 3.6% from the revenues recorded in the quarter a year ago, and beating analysts estimates by $60 million.

theflyonthewall.com submits: Microsoft (MSFT) is expected to report Q2 earnings after the market close on Thursday, January 27, with a conference call scheduled for 5:30 pm ET.