Today: September 19, 2024
Today: September 19, 2024

Earnings

Business

Franklin Templeton's equity, alternatives strength power profit beat

Franklin Resources, better known as Franklin Templeton, on Tuesday beat estimates for fourth-quarter profit as strong performance of its equity and alternative funds helped counter

Franklin Templeton's equity, alternatives strength power profit beat
Business

Chesapeake Energy posts lower quarterly profit

U.S. natural gas firm Chesapeake Energy posted a sharp drop in third-quarter profit on Tuesday, hurt by lower prices.

Chesapeake Energy posts lower quarterly profit
Business

Livent quarterly profit up 13%, cuts forecast on flat lithium sales

Lithium producer Livent Corp posted a 13% increase in quarterly profit on Tuesday but cut its annual revenue and earnings forecast, citing sluggish sales volumes thus far this year.

Livent quarterly profit up 13%, cuts forecast on flat lithium sales
Business

Caesars Entertainment beats Q3 profit estimates on steady demand in Las Vegas casinos

Caesars Entertainment beat third-quarter profit estimates on Tuesday, as steady demand in Las Vegas casinos helped boost revenue.

Caesars Entertainment beats Q3 profit estimates on steady demand in Las Vegas casinos
Business|Environment|News|World

Japanese automaker Toyota's profits zoom on cheap yen, strong global sales

Toyota’s profit in the latest quarter jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas earnings

Japanese automaker Toyota's profits zoom on cheap yen, strong global sales
Business

Assurant Q3 profit surges on growth in global housing unit, investment returns

Insurer Assurant reported a surge in third-quarter adjusted profit on Tuesday, helped by the strong performance of its global housing unit and higher investment returns, sending shares up

Assurant Q3 profit surges on growth in global housing unit, investment returns
Business

DuPont beats third-quarter profit estimates, cuts revenue forecast

DuPont on Wednesday beat analysts' estimates for third-quarter profit as lower net interest expense helped counter lower demand across the chemical and materials maker's units.

DuPont beats third-quarter profit estimates, cuts revenue forecast
Business

Apple's holiday-quarter forecast faces threat from Huawei, weak China market

Apple investors will have one big question when the world's most valuable company reports earnings on Thursday - will Huawei's resurgence in China dampen its holiday-

Apple's holiday-quarter forecast faces threat from Huawei, weak China market
Business

Kraft Heinz lifts annual profit target as price hikes boost margin

Kraft Heinz beat Wall Street estimates for third-quarter profit and raised its annual forecast as the Jell-O maker's margins benefited from higher prices of its packaged meals and

Kraft Heinz lifts annual profit target as price hikes boost margin
Business

New Spirit Aero CEO vows return to positive cash flow, operational changes

Spirit AeroSystems on Wednesday projected higher-than-expected cash burn for 2023 as it slashed anticipated deliveries of 737 fuselages, but its

New Spirit Aero CEO vows return to positive cash flow, operational changes
Business

Garmin raises annual sales forecast, beats quarterly estimates

Navigation equipment maker Garmin Ltd raised its annual sales forecast ahead of the crucial holiday shopping period as strength in its auto and fitness businesses helped it beat third-

Garmin raises annual sales forecast, beats quarterly estimates
Business

PC market recovery gathers pace as Intel, AMD tout potential of 'AI PC'

The earnings of Intel and Advanced Micro Devices have offered more evidence a recovery is gathering pace in the personal computer market, boding well for

PC market recovery gathers pace as Intel, AMD tout potential of 'AI PC'
Business

Qualcomm beats estimates on China strength, shares rise

Chip designer Qualcomm forecast first-quarter sales and profits above Wall Street targets on Wednesday as a smartphone sales slump finally starts to ease,

Qualcomm beats estimates on China strength, shares rise
Business|Economy|Technology

DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's losses

DoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently

DoorDash orders surge 24% in the third quarter, helping to narrow the delivery app's losses
Business

AIG beats Q3 profit estimates on general insurance, life and retirement gains

American International Group exceeded third-quarter profit expectations on Wednesday, driven mainly by growth at its general insurance and life and retirement units.

AIG beats Q3 profit estimates on general insurance, life and retirement gains
Business

MetLife beats quarterly profit estimates on robust investment income

MetLife on Wednesday reported a third-quarter profit that was above Wall Street expectations, as recovery in the U.S. markets boosted the insurer's return from investments.

MetLife beats quarterly profit estimates on robust investment income
Business

Cognizant forecasts quarterly revenue below estimates on weak corporate spending

Cognizant Technology Solutions forecast fourth-quarter revenue below Wall Street estimates on Wednesday, as clients tighten their IT budgets in an uncertain economy, sending its shares

Cognizant forecasts quarterly revenue below estimates on weak corporate spending
Business

Albemarle quarterly profit drops, forecast cut on falling lithium prices

Albemarle, the world's largest producer of lithium, posted a 66% drop in quarterly profit on Wednesday and cut its annual forecast, citing slipping prices for the electric vehicle battery

Albemarle quarterly profit drops, forecast cut on falling lithium prices
Business

Prudential Financial's third-quarter profit boosted by US unit growth

Prudential Financial reported a rise in third-quarter adjusted profit on Wednesday, as the insurer's U.S. unit logged strong growth driven by higher net investment spread and lower

Prudential Financial's third-quarter profit boosted by US unit growth
Business|Economy|Technology

Airbnb earns $4.4 billion in 3Q thanks to tax break and higher-than-expected revenue

Airbnb says it made nearly $4.4 billion in the third quarter on better-than-expected revenue and a tax benefit

Airbnb earns $4.4 billion in 3Q thanks to tax break and higher-than-expected revenue
Business

Marathon Oil profit tops analysts' estimates on higher production

Marathon Oil on Wednesday posted a third quarter profit that fell 44% from a year ago as energy prices fell, but results beat Wall Street analysts' forecasts

Marathon Oil profit tops analysts' estimates on higher production
Business

Aflac beats estimates for quarterly profit on higher premium income

Insurance provider Aflac on Wednesday reported third-quarter profit above estimates, helped by higher premium revenue from its U.S. unit and strong gains on its investments.

Aflac beats estimates for quarterly profit on higher premium income
Business

Starbucks beats quarterly sales estimates as US demand holds strong

Starbucks beat Wall Street expectations for quarterly comparable sales on Thursday, as steady demand for its pricey coffees and cold drinks in North America offset a feeble recovery in

Starbucks beats quarterly sales estimates as US demand holds strong
Business|Economy

Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year

Customers fell for Starbucks’ fall menu in its fiscal fourth quarter, helping the company achieve record revenue with Pumpkin Spice Lattes and apple croissants

Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year
Business

Marriott's profit rises on strong travel demand

Marriott International reported a rise in quarterly profit on Thursday, as the U.S. hotel operator benefited from resilient travel demand.

Marriott's profit rises on strong travel demand

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