Warehouse club retailer Costco Wholesale reported a higher-than-expected quarterly profit as it benefited from paying lower fees to credit card partner Visa.
Wall Street dropped on Thursday, weighed down by Apple as well as selling in Wells Fargo, Citigroup and other major banks as investors worried about the health of Deutsche Bank.
ConAgra Foods Inc. (CAG) on Thursday reported fiscal first-quarter net income of $186.2 million, after reporting a loss in the same period a year earlier.
ConAgra Foods, the maker of Chef Boyardee pasta and Hunt's ketchup, reported lower-than-expected quarterly sales, hurt by lower demand for its grocery, snacks and frozen food items.
PepsiCo Inc. (PEP) on Thursday reported third-quarter earnings of $1.99 billion.
PepsiCo raised its earnings forecast for the year as the snack-and-beverage giant reported a surprise increase in core profit.
Wall Street moved higher on Wednesday after an OPEC agreement to limit crude output fueled a rally in oil and more than offset nervousness about a tight race for the U.S. presidency.
BlackBerry Ltd will outsource the development and design of its smartphones, a product category it helped pioneer and popularize, as the Canadian company bets on software and managing rival devices, it said on Wednesday.
Nike Inc forecast future orders below analysts' estimate on a constant currency basis, in part due to weakness in its basketball category and increased competition from Adidas, which has continued to gain ground in North America.
Stiff competition from rival brands Adidas and Under Armour has some Wall Street firms wary about Nike Inc.’s short-term outlook, even as the brand’s overall business remains strong.
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Rite Aid said sales figures came in below Wall Street estimates in its second quarter as pharmacy reimbursement-rate pressure and generic drugs cut into results.
General Mills reported a better-than-expected quarterly profit as lower expenses and cost-cutting programs helped limit the impact of weak sales in the United States.
Bed Bath & Beyond, the retail chain famous for its blue 20% off coupons, took another hit in the second quarter of 2016.
FedEx Corp. (FDX) on Tuesday reported fiscal first-quarter profit of $715 million.
Package delivery company FedEx on Tuesday reported a higher net profit, driven by rising revenue in its express, ground and freight business units.
Adobe Systems Inc (NASDAQ:ADBE) reported a 20 percent rise in quarterly revenue, the tenth straight quarter of increase, as its Creative Cloud package of software tools added more subscribers.
Lennar's fiscal third-quarter results topped analysts' estimates as it delivered more homes amid the ongoing recovery of the housing market.
U.S. stocks were lower Friday afternoon as Deutsche Bank's mammoth $14 billion fine weighed on financial stocks, especially on the big Wall Street banks.