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Kate Rogers reports on McDonald’s better than expected quarterly results.
Julia Boorstin reports on the quarterly earnings for Facebook.
Shares opened at $31.35 after trading as high as $34 in extended hours.
Contessa Brewer reports on the quarterly earnings for Wynn Resorts.
Companies have been crushing earnings so far this quarter, but a strange trend is developing: Those that beat expectations are seeing their stock price fall.
Morgan Stanley posted first-quarter earnings and revenue on Wednesday that beat analyst expectations on strong results in equity trading.
Early earnings season action, with strong results and weak stock performance, show that profits alone won’t drive the market higher. Instead, investors still have to contend with a slew of other issues that could drown out what should be an otherwise robust time for the corporate bottom line.
Corporate profits that are even better than Wall Street anticipates will help steady the recent market volatility and boost share prices, according to J.P. Morgan. Earnings season is getting into full gear and will accelerate this week.
Nike reported stronger than expected earnings after the bell, as the footwear maker said strength in its international markets helped results.
There is anger after the bank posted its third consecutive annual loss.
Josh Lipton reports on the quarterly earnings for Intel.
Morgan Brennan has the details of Caterpillar’s latest quarterly report.
Morgan Brennan reports on GE’s worse than expected results and an SEC investigation at the company tied to GE Capital’s $15 billion insurance charge.
Julia Boorstin reports the details of Netflix’s quarterly earnings report.
Lowe’s expects revenue to increase about 5 percent by the end of fiscal 2017.