Breaking News: Earnings
Morgan Stanley posts 3rd-quarter profit pass up as investment banking earnings collapses 55%
Vital Factors Right here are the numbers: Earnings of $1.47 a share, when compared with $1.49 estimate of analysts surveyed by Refinitiv Revenue of $12.99 billion, in comparison with the $13.3 billion estimate Shares of the financial institution slumped 2.8% in premarket investing. Supply
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JPMorgan Chase is established to report third-quarter earnings – here’s what the Avenue expects
In this write-up JPM Comply with your favourite sharesDevelop Totally free ACCOUNT Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee listening to titled Once-a-year Oversight of the Nations Biggest Financial institutions, in Hart Developing on Thursday, September 22, 2022. Tom Williams | CQ-Roll Phone, Inc. | Getty […]
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Domino’s reports mixed third-quarter results as U.S. same-store sales increase
An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza reported better-than-expected revenue for the third quarter Thursday and stood by its forecast for food cost inflation this year, even though earnings fell short of estimates. In the U.S., the company […]
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Walgreens beats sales expectations, as it expands its health-care business
Walgreens Boots Alliance on Thursday exceeded fiscal fourth quarter sales expectations, as the drugstore chain turns itself into a more health-care focused company. The company said it anticipates full-year adjusted earnings per share of $4.45 to $4.65 in the coming fiscal year, which is about in line with what Wall Street expected. Yet Walgreens said […]
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Nike sales rise, but supply chain issues and inventories weigh on earnings
A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021. Paul Ratje | AFP | Getty Images Nike on Thursday said it had a strong first fiscal quarter despite supply chain issues, as well as declining sales in Greater China, […]
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Olive Garden parent Darden stands by outlook after mixed quarterly results
An order of breadsticks from a Darden Restaurants Inc. Olive Garden Getty Images Darden Restaurants on Thursday reported mixed quarterly results but still reiterated its outlook for fiscal 2023. The parent company of Olive Garden and LongHorn Steakhouse said net sales for the quarter rose 6.1% to $2.45 billion, which was lighter than Wall Street’s expectations. […]
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FedEx moves to lower costs, withdraws 2023 assistance following initially-quarter shipments disappoint
FedEx on Thursday withdrew its total-calendar year advice and introduced considerable price-chopping measures pursuing what it identified as softness in world volume of shipments. “World-wide volumes declined as macroeconomic developments noticeably worsened later on in the quarter, equally internationally and in the U.S.,” CEO Raj Subramaniam reported in the release. “When this functionality is disappointing, […]
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Oracle reports 18% income growth after Cerner offer closes
Oracle CEO Safra Catz speaks all through the SelectUSA Investment Summit in Oxon Hill, Maryland, on June 19, 2017. The SelectUSA Expenditure Summit provides collectively firms from all about the globe, financial development organizations from each and every corner of the nation and other parties doing the job to facilitate overseas direct financial commitment (FDI) […]
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GameStop reports wider loss, announces partnership with crypto exchange FTX
SAN RAFAEL, CALIFORNIA – DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San Rafael, California. Video game retailer GameStop will report third quarter earnings today after the closing bell. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images News | Getty Images GameStop said Wednesday that quarterly sales declined and […]
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Nio reports wider second-quarter loss despite increase in EV shipments
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio lost $409.8 million in the second quarter, representing significantly widening losses, despite deliveries that surpassed year-ago levels and exceeded its own guidance. Here […]
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