Bank of Montreal reported a fall in its fourth-quarter profit on Friday, as higher provisions for potential credit defaults offset gains from a rise in its interest income.
April 26, 2024
(This Dec. 6 story has been corrected after Citigroup clarified that the $1 billion figure does not relate only to the reorganization recently announced in paragraphs 1, 2, 3 and 6) By Tatiana Bautzer
April 26, 2024
Dollar General posted a smaller-than-expected drop in quarterly sales on Thursday, as more shoppers turned to its stores for cheaper groceries and household essentials.
April 26, 2024
JetBlue Airways on Thursday narrowed its annual adjusted loss forecast, riding on strong demand for travel during the holiday period and sending its shares 7% higher in premarket trading.
April 26, 2024
Photoshop maker Adobe said on Wednesday it was facing regulatory scrutiny over its subscription models and forecast annual and quarterly revenue below estimates, sending its shares down
April 26, 2024
Pre-owned car retailer CarMax on Thursday posted a higher third-quarter profit after previously implemented cost cuts helped it offset headwinds from lower demand.
April 26, 2024
Payroll services provider Paychex reported its slowest rise in quarterly revenue in over two years on Thursday, hurt by tepid spending by businesses and a slower pace of hiring, sending
April 26, 2024
Nike on Thursday trimmed its annual sales forecast blaming cautious consumer spending, a weaker online business and more promotions, and said it plans to cut
April 26, 2024
Walgreens Boots Alliance on Thursday reported better-than-expected quarterly profit, as cost-cut measures and higher drug prices boosted its pharmacy operations, and the company nearly
April 26, 2024
Exxon Mobil said on Thursday that changes in oil prices would impact the top U.S. oil producer's upstream earnings by $400 million to $800 million for the last three months of 2023,
April 26, 2024
Corona beer maker Constellation Brands' third-quarter sales fell short of market expectations on Friday, as demand for its higher-priced spirits and wines slowed down in the face of sticky
April 26, 2024
Abercrombie & Fitch on Monday raised its forecast for fourth-quarter net sales, after strong demand for its brands during the key holiday shopping period.
April 26, 2024
Bank of America will take a charge of about $1.6 billion in the fourth quarter as it phases out the use of a Bloomberg interest rate benchmark.
April 26, 2024
Microchip Technology on Monday forecast a further drop in its third-quarter revenue, citing lower shipment levels and a weak economy.
April 26, 2024
Delta Air Lines says it closed 2023 strong and expects another good year in 2024
January 12, 2024
Bank of New York Mellon Corporation on Friday reported a 50% fall in fourth-quarter profit due to some one-time charges, including one tied to the Federal Deposit Insurance Corporation's (
April 26, 2024
Delta Air Lines on Friday scaled down its profit outlook for the current year, citing supply chain issues and macroeconomic uncertainties, sending its shares
April 26, 2024
Three of the nation’s biggest banks say their profits fell last quarter
January 12, 2024
Fourth-quarter earnings for S&P 500 companies overall are expected to have increased 4.4% from a year earlier, LSEG data showed on Friday, just as results
April 26, 2024
JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected interest income for 2024, even as its quarterly profit fell.
April 26, 2024
Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of
April 26, 2024
PNC Financial Services Group's net interest income shrank as it took on increased charges to replenish a government deposit insurance fund as well as workforce
April 26, 2024
Morgan Stanley's fourth quarter profit took a hit from $535 million in charges though revenue beat expectations on Tuesday as debt underwriting fueled a
April 26, 2024
Verizon Communications said on Wednesday that it would record a non-cash goodwill impairment charge of about $5.8 billion in the fourth quarter.
April 26, 2024
Charles Schwab's fourth-quarter profit fell 47% as bigger interest payments on its client deposits and debt dented gains from a jump in asset management fees, the brokerage reported on
April 26, 2024
Alaska man arrested for threatening six US Supreme Court justices
Hershey Co lays off some workers this week
JPMorgan names heads for healthcare, tech investment banking
Israeli soldiers pushed three apparently lifeless bodies from roofs during a West Bank raid
Dolphins dying again in Amazon lake made shallow by drought
German tax revenue rose by 5.3% in August
Cat travels over 1,000 miles back home after going missing in Yellowstone
Feathered firefighter: Lost duck finds home at Tuscaloosa fire station
Halloween shoppers hunt for early deals while total spending eases, survey shows