Today: September 18, 2024
Today: September 18, 2024

Earnings

Business

Conagra Brands swings to quarterly profit on higher prices

Conagra Brands on Thursday swung to a profit in the first quarter, as multiple rounds of price hikes and easing cost pressures helped offset a slowing demand for the packaged food maker's

Conagra Brands swings to quarterly profit on higher prices
Business

Dell forecasts 3-4% compounded annual revenue growth over long term

Dell Technologies said on Thursday it expects compounded annual revenue growth of 3-4% over the long term and boosted its share buyback plan by $5 billion.

Dell forecasts 3-4% compounded annual revenue growth over long term
Business

Clorox shares touch more than 5-year low on financial hit from cyber attack

Shares in Clorox were down 8.1% on Thursday, after hitting their lowest level since May 2018, after the cleaning supplies company's warned that an August cyber attack would push it into a

Clorox shares touch more than 5-year low on financial hit from cyber attack
Business

Levi Strauss cuts annual forecasts as promotions, wholesale weakness weigh

Levi Strauss & Co cut its annual forecasts for the second time on Thursday after missing third-quarter sales estimates as the denim maker reeled from hefty promotions and falling sales at

Levi Strauss cuts annual forecasts as promotions, wholesale weakness weigh
Business

Analysis-Expected rise in US earnings could be balm for stocks after rough stretch

A resilient economy and strong consumer demand are expected to fuel a slight rise in third-quarter U.S. earnings, which could throw a

Analysis-Expected rise in US earnings could be balm for stocks after rough stretch
Business

US bank profits set to rise on higher rates while Wall Street lags

Profits at the biggest U.S. consumer lenders are likely to rise in the third quarter, in contrast with investment banks still

US bank profits set to rise on higher rates while Wall Street lags
Business

PepsiCo bets on price hikes to again raise annual profit forecast

PepsiCo Inc on Tuesday raised its annual profit forecast for a third time this year, as the company banks on the multiple price increases it undertook across its major markets and

PepsiCo bets on price hikes to again raise annual profit forecast
Business

HP announces outlook for fiscal 2024 and hikes annual dividend

HP Inc on Tuesday forecast fiscal 2024 earnings largely in line with estimates and raised its annual dividend, sending its shares up more than 2% in trading after the bell.

HP announces outlook for fiscal 2024 and hikes annual dividend
Business

Uniqlo owner set for 26% profit surge on China rebound, yen slide

The Japanese operator of global clothing chain Uniqlo is expected to blow past last year's record profit when it reports results on Thursday, benefiting from a

Uniqlo owner set for 26% profit surge on China rebound, yen slide
Business

Flagging domestic travel casts shadow over US airline earnings

A travel boom has produced bumper earnings for major U.S. carriers this year but signs of softening demand on domestic routes have amplified worries that the

Flagging domestic travel casts shadow over US airline earnings
Business

U.S. bank ETFs suffer sharp outflows ahead of results

Exchange-traded funds tracking U.S. banks saw significant outflows since the start of October and ahead of earnings as investors took money off the table fearing

U.S. bank ETFs suffer sharp outflows ahead of results
Business

Goldman Sachs seen headed to steep earnings drop as deal-making lags

Goldman Sachs appears headed to another set of weak quarterly earnings as deal-making lags and the bank retreats from a loss-making consumer business.

Goldman Sachs seen headed to steep earnings drop as deal-making lags
Business

Delta Air Lines posts $1.11 billion profit for the third quarter and sees strong holiday bookings

Delta Air Lines says it made $1.11 billion in the third quarter, thanks to planes that were packed with travelers this summer

Delta Air Lines posts $1.11 billion profit for the third quarter and sees strong holiday bookings
Business

Delta trims full-year profit outlook on higher fuel costs

Delta Air Lines on Thursday reported stronger-than-expected quarterly earnings, but trimmed its full-year profit outlook due to higher fuel costs.

Delta trims full-year profit outlook on higher fuel costs
Business

Walgreens forecasts weak annual profit as COVID sales shrink

Walgreens Boots Alliance forecast financial year 2024 profit below Wall Street's expectations on Thursday after the pharmacy operator missed quarterly earnings estimates due to lower

Walgreens forecasts weak annual profit as COVID sales shrink
Business

Options traders see larger-than-usual stock swings as banks report results

Options traders are braced for larger-than-usual post-earnings stock price swings for some U.S. banks, despite signs of cooling volatility in broader markets,

Options traders see larger-than-usual stock swings as banks report results
Economy

Take Five: War and peace of mind

Geopolitics are at the forefront of everyone's minds after war broke out between Israel and Palestinian militant group Hamas, and the mood in markets is jittery at best.

Take Five: War and peace of mind
Business

UnitedHealth profit beats on lower-than-feared medical costs

UnitedHealth reported a third-quarter profit on Friday ahead of analysts' estimates, helped by a lower-than-feared rise in medical costs at the company's

UnitedHealth profit beats on lower-than-feared medical costs
Business

JPMorgan profit rises on interest income boost

JPMorgan Chase's profit rose in the third quarter as higher interest rates boosted its income from loans, the bank reported on Friday.

JPMorgan profit rises on interest income boost
Business

Citigroup profit beats estimates on investment banking boost, shares rise

Citigroup's profit was broadly steady and beat third-quarter estimates as it benefited from rising interest payments and surging investment

Citigroup profit beats estimates on investment banking boost, shares rise
Business|News

JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'

JPMorgan Chase’s third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank’s CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability

JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'
Business

Pfizer lowers full-year revenue forecast, shares fall

Pfizer Inc on Friday cut forecast for 2023 revenue to between $58 billion and $61 billion, from $67 billion to $70 billion previously.

Pfizer lowers full-year revenue forecast, shares fall
Economy

Wall Street jumps, Treasury yields gain as high-profile earnings and data loom

Wall Street surged and Treasury yields rose on Monday as investors embarked upon the first full week of third-quarter earnings while keeping a close eye on the

Wall Street jumps, Treasury yields gain as high-profile earnings and data loom
Business

Tesla earnings: investors watching margins, deliveries, self-driving

Tesla's margins are likely to drop in the third quarter and take a bigger hit in the last three months of 2023, leaving investors fretting about more price cuts needed to

Tesla earnings: investors watching margins, deliveries, self-driving
Business

Netflix may tap price hikes after success of password-sharing crackdown

Netflix's crackdown on password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price

Netflix may tap price hikes after success of password-sharing crackdown

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