AT&T Inc. (T) – Get Free Report posted better-than-expected fourth quarter earnings with a muted near-term outlook Wednesday, while adding that it plans to pay down debt as a top priority after meeting dividend payments. AT&T said adjusted earnings for the three months ending in December were pegged at 61 centsContinue Reading
A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE), January 19, 2022. Brendan McDermid | Reuters Morgan Stanley reported fourth-quarter earnings on Tuesday that exceeded Wall Street expectations, boosted by the bank’s record wealth management revenue and growth at itsContinue Reading
Starbucks on Thursday reported quarterly earnings and revenue that topped analysts’ estimates, fueled by U.S. customers spending more on iced coffee drinks and Pumpkin Spice Lattes. The Seattle-based coffee company also said U.S. traffic improved in the quarter, and has nearly bounced back to 2019 levels. “Despite elevated pricing actionsContinue Reading
Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Pinterest shares soared over 12% in extended trading after the company reported third-quarter earnings. Here’s how the company did. Earnings: 11 cents per share (adjusted) vs. 6 centsContinue Reading
Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images Shares of ASML,Continue Reading
Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Getty Images Bank of America said Monday that quarterly profit and revenue topped expectations on better-than-expected fixed income trading andContinue Reading
Trading options, not GLD, is a great way to fight inflation. shutterstock.com – StockNews Inflation fears continue to climb in the U.S. The Federal Reserve has risen rates to combat the ever-increasing CPI (Consumer Price Index) which hit a recent historic high over 9% last June. This pushed Consumer PricesContinue Reading
Text size DocuSign offers electronic signature services. Courtesy DocuSign Shares of DocuSign were rising Friday after the e-signature company posted quarterly earnings and revenue that topped analysts’ estimates and raised its forecast for fiscal-year billings. DocuSign (ticker: DOCU) earned an adjusted 44 cents a share in its fiscal second quarter,Continue Reading
Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. CNBC Shares of the cloud data platform provider Snowflake popped more than 17% in extended trading on Wednesday after the company released second-quarter earnings that beat analysts’ revenue expectations. Here’s how the company did: EPS:Continue Reading
Shares of Walmart Inc. powered higher toward a three-month high Tuesday, after the discount retail behemoth reported fiscal second-quarter profit and revenue that beat expectations, and raised its full-year earnings outlook. The results come three weeks after Walmart WMT, +0.29% issued a second fiscal 2023 profit warning in two months,Continue Reading