Tag: earnings

[ad_1] Pedestrians pass a Wells Fargo bank branch in New York, U.S., on Thursday, Jan. 13, 2022. Victor J. Blue | Bloomberg | Getty Images Wells Fargo said Friday that…

[ad_1] Citigroup said Friday that its third-quarter earnings fell 25% as it bulked up its credit loss provisions and investment banking slumped. However, Citi shares ticked up 0.65% as revenue…

[ad_1] Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013. Yuri Gripas | Reuters Morgan Stanley on Friday posted…

[ad_1] Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013. Yuri Gripas | Reuters Morgan Stanley on Friday posted…

[ad_1] Infosys’ stock rose more than 6% on Thursday, boosted by the Indian tech giant’s strong second-quarter results. The digital services and consulting company reported revenue of $4.56 billion, a…

[ad_1] The U.S. will see inflation cut in half within six months, according to Mark Zandi of Moody’s Analytics. His call, which comes on the cusp of another key inflation…

[ad_1] Shares of Philips dropped 8% to their lowest level since 2012 after the Dutch tech company issued its second profit warning this year, forewarning that supply chain problems will…

[ad_1] Intel Corp. may fire thousands of workers by the end of the month, around the same time the chip manufacturer reports quarterly results amid a tough year for semiconductor…

[ad_1] Global PC shipments logged a third consecutive quarter of declines, while remaining above pre-pandemic levels, as Apple Inc. was the only large vendor to show an increase because of…

[ad_1] TotalEnergies SE TTE, -1.03% on Sunday said that it was willing to bring forward annual wage negotiations with some of its employees in France if strike action causing blockages…

[ad_1] Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up…

[ad_1] With valuation at a trough and a dividend lined up for 2022, A.P. Moeller-Maersk is “too compelling to ignore” and investors should buy the shares. That’s according to analysts…

[ad_1] Advanced Micro Devices Inc. shares fell in the extended session Thursday after the chip maker cut its already conservative forecast because a drop in PC sales after two years…

[ad_1] Tesco PLC TSCO, +0.81% said Wednesday that its pretax profit fell in the first half of fiscal 2023 on increased costs, and it backed its guidance for the full…

[ad_1] Elon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Icahn quietly amassed a Twitter TWTR, +22.24%…

[ad_1] Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty…

[ad_1] Halloween sales are expected to return to pre-pandemic levels this year, according to the National Retail Federation. And what will be behind the sales boom? None other than the…

[ad_1] Take a look at some of the biggest movers in the premarket: Credit Suisse (CS) – Credit Suisse slid 6.1% in premarket trading after the bank sought to calm…

[ad_1] A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies making headlines in midday trading. Apple — Apple shares fell 3.4% on Wednesday following a…

[ad_1] Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest…

[ad_1] Shares of Carnival Corp. sank to a fresh post-pandemic low Friday after the cruise operator reported yet another wider-than-expected loss and sales miss, even as capacity usage improved to…

[ad_1] After nearly a year’s wait, Mobileye is on the highway to Wall Street. Intel Corp. INTC, -2.31% -owned Mobileye Global Inc. launched its drive to an initial public offering…

[ad_1] Cineworld Group PLC said Friday that its first-half pretax loss narrowed as revenue rose after the easing of remaining Covid-19 restrictions in the first quarter. The FTSE 250 cinema…

[ad_1] Check out the companies making headlines before the bell: Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said…

[ad_1] Check out the companies making headlines before the bell: Accenture (ACN) – The consulting firm reported a better-than-expected quarterly profit and revenue, but gave a weaker-than-expected revenue forecast for…