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Boeing reported quarterly earnings and revenue that beat analysts’ expectations on Wednesday, and the aerospace giant raised its full-year guidance. After the earnings announcement, the company’s shares rose in premarket trading. (Get the latest quote here.) The company posted third-quarter earnings of $2.14 a share, up from $1.80 a share in the year-earlier period. Revenue …
Harley Davidson saw profits dip last quarter, but earnings still topped the Street’s forecasts.
McDonald’s and Coca-Cola reported disappointing earnings as both Dow components have struggled with changing consumer tastes.
Yahoo is set to report earnings after the closing bell on Tuesday, and CEO Marissa Mayer will be in the hot seat yet again. With the company’s core business still struggling, its stake in Alibaba dwindling and investor pressure mounting, there will be plenty for Mayer to talk about during the conference call. Investors, though, will …
Dow component McDonald’s reported net income that dropped 30 percent and revenue that missed analysts’ expectations on Tuesday as the fast-food giant battled declining traffic in all major segments. After the earnings announcement, the company’s shares fell in pre-market. (Click here to get the latest quotes for the fast food giant.) Net income during the third …
IBM posted earnings that missed on both the top and bottom lines.
Apple easily beat Wall Street forecasts, and its sales outlook for the current quarter came in ahead of expectations.
IBM CEO Ginni Rometty dismissed talk of the tech company splitting up, despite its large size and Monday’s earnings miss. “There is no doubt that marketplace speed has increased,” she said. “We have a very clear strategy about how to take this company to the future.” Still, Rometty said the company plans to have divested …
Warren Buffett does not like to lose money in general, so losing $1 billion before lunch on a Monday morning can not be going down well. The plunge in IBM shares Monday after its weak earnings results cost the Oracle of Omaha dearly. The stock fell $15.05 at the open, and Buffett held about 70.2 …
U.S. stocks opened lower on Monday, extending the S&P 500’s longest weekly loss streak since 2011, after International Business Machines cut its earnings forecast. “It’s not the entirety of technology. It’s not the entirety of the whole market, but a down 8 percent IBM is going to take the market down,” said Art Hogan, chief market …
Julia Boorstin spoke to Netflix CEO Reed Hastings after the company beat earnings estimates, but reported lower than expected subscriber growth.
Netflix shares tumbled after the company reported slower subscriber growth.
Investors were hoping the big banks would deliver strong earnings and signs of growth, but results were mixed.
After the bell Intel reported solid third quarter results, bolstered by increase in demand for personal computers.
With so many firms posting earnings over the next few weeks, which companies have historically gotten the biggest bump up and the biggest slide down after reporting? Dominic Chu reports.