Toyota Motor’s fourth-quarter net profit drops 31%
Toyota Motor Corp. said Wednesday that its fourth-quarter net profit fell 31% compared with the same period a year earlier and projected a drop in earnings for new fiscal year due to higher costs.
Occidental Petroleum posts quarterly profit as oil rises
It was a strong first quarter for Occidental Petroleum as higher oil prices helped the company post a profit.
Peloton sales plummet, shares skid
The fitness giant posted a net loss of $757.1 million, or $2.27 per share, compared with a loss of $8.6 million during the same period a year ago, while revenue slipped 24% year over year to $964.3 million, compared with $1.26 billion in the year-ago period.
Tyson raises revenue outlook as beef, chicken, pork prices soar
Beef, chicken and pork prices are climbing, and Tyson is passing along those costs to consumers.
Uber to cut spending, treat hiring as 'privilege'
Uber reported a net loss of $5.9 billion during the first quarter of 2022 on revenue of $6.9 billion.
Keith Fitz-Gerald urges the Fed to stop playing 'games,' return to 'pro-growth policies’
The Fitz-Gerald Group principal Keith Fitz-Gerald argues the Fed should tell the American people the 'truth' in that it made 'one of the worst calls in financial history' and are subsequently re-evaluating their moves.
Consumer price index, wholesale inventories, Disney earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Facebook parent Meta to freeze hiring amid revenue growth slowdown
Meta notes its hiring efforts are currently outpacing active recruiting goals based on volume and changing business demand in a post-pandemic market.
Expert on Fed announcement: 'Market wanted to hear something different’
Slatestone Wealth chief market strategist Kenny Polcari discusses his outlook for the stock market.
DoorDash's sales soar, costs grow, shares rise
DoorDash sales soared in the first quarter as the company added more customers. But the company's loss widened to $167 million.
News Corp revenue boosted by gains in Dow Jones and real-estate units
News Corp said revenue and segment earnings rose in the March quarter, driven by gains in its Dow Jones and digital real-estate units.
GoDaddy CEO: Our customer is the small of small businesses
Aman Bhutani assesses the consumer and the small business world on 'The Claman Countdown.'
Crime spike ‘demand catalyst’ for security systems: ADT CEO
ADT President and CEO Jim DeVries argued that the increase in crime in cities across the country is a “demand catalyst” for security systems.
EBay shares fall on quarterly loss, lowered outlook
EBay joined the list of e-commerce retail casualties reporting a loss and cutting its outlook.
CVS boosts outlook as prescription demand outweighs COVID vaccine dip
CVS Health boosted its annual forecast after processing more prescriptions and adding hundreds of thousands of customers to its health insurance business in the first quarter.
Lyft shares tank 26% on higher cost of getting drivers back on street
Lyft Inc. stock plunged 26% on Tuesday after the ride hail company said it would have to spend more heavily to attract drivers and forecast operating earnings less than a quarter of Wall Street targets, reflecting the added costs.
Lyft shares plunge on weak earnings outlook
Lyft Inc. said it would invest in the current quarter to ensure adequate driver supply and grow its ride-hailing platform, spooking investors as the spending weighs on operating profit.
Starbucks reports record sales, suspends guidance on China COVID-19 curbs
Starbucks reported record quarterly sales for 1Q 2022, but higher costs put a dent in profits.
BP boosts buybacks on soaring energy prices after Russia exit
Constellation Research CEO Ray Wang discusses sliding oil prices, unionization efforts at Amazon and advice for new investors.
Jobs report, Fed decision, CVS earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.