9:14 AM, Feb 19, 2019 — Walmart (WMT) on Tuesday reported fourth-quarter earnings and revenue that both topped forecasts as comparable sales and e-commerce surged. The retailer reported earnings of $1.41 a share, topping the consensus on Capital IQ for $1.33 a share. Revenue came in at $138.8 billion, beating forecasts for $137.6 billion. Shares […]
(MT Newswires) – Crude prices ended Friday’s session higher and the week in positive territory, briefly hitting 2019 highs above $65 per barrel earlier in the week, helped by supply cuts led by The Organization of the Petroleum Exporting Countries (OPEC) and the announcement of an even deeper cut by Saudi Arabia. OPEC cut nearly […]
2:28 PM, Feb 11, 2019 — Under Armour (UAA) is believed to be losing North American market share to rivals Nike (NKE) and lululemon athletica (LULU), according to Canaccord Genuity, which is expecting Tuesday’s pre-market earnings report to be “lackluster”. There’s a lack of compelling product or creative direction, while overall growth is “anemic” in […]
(MT Newswires) – Crude prices ended Friday’s session higher but ultimately ended the week in the red as concerns about a possible drop in energy demand due to a global economic slowdown and the ongoing US-China trade dispute continue to weigh on the commodity. Although prices have been moving up at times amid expectations the […]
10:48 AM, Feb 8, 2019 — Hasbro (HAS) on Friday reported fourth-quarter adjusted earnings and revenue that missed forecasts as the Toys `R’ Us bankruptcy and subsequent liquidation hurt the toy manufacturer. The company said earnings came in at $1.33 a share, down from $2.30 during the same period the previous year and behind consensus […]
9:28 AM, Feb 7, 2019 — Twitter (TWTR) reported better-than-expected results for the fourth quarter, but shares in the social-media company sank as it said it would stop disclosing monthly active user numbers and offered a downbeat view on first-quarter revenue. Non-GAAP diluted net income rose to $0.31 per share from $0.19 a year ago, […]
10:07 AM, Feb 6, 2019 — General Motors (GM) reported fourth-quarter results that came in ahead of expectations on Wednesday as the car maker benefited from “strong pricing” for new pickup trucks and a record high in transaction prices. Revenue rose 1.8% year-on-year to $38.4 billion, well ahead of the consensus on Capital IQ for […]
(MT Newswires) – Crude prices ended Friday’s session higher as tighter US sanctions on Venezuela’s access to the global financial system and reduced exports by Saudi Arabia to the US combined for unexpected tightness in supplies for US refiners. The Organization of the Petroleum Exporting Countries (OPEC) and its allies also appear to be making […]
8:08 AM, Feb 1, 2019 — Amazon.com (AMZN) growth slowed in the fourth quarter, an indicator of how incremental expansion in the world of e-commerce is becoming more difficult and expensive, Morgan Stanley analysts said in a note to clients the day after the marketplace giant released its earnings report. The company after the close […]
10:09 AM, Jan 30, 2019 — Boeing Company (BA) shares rallied on Wednesday as the airplane maker easily beat Wall Street’s expectations with its fourth-quarter results and offered a view for a stronger 2019. The company said core earnings per share jumped to $5.48 from $5.07 a year earlier, well ahead of the consensus on […]
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