News Corp posts wider loss as coronavirus pummels advertising revenue
Results were heavily affected by the pandemic as well as by a decline in revenue related to the sale of the company's supermarket-coupon business, News Corp said.
T-Mobile, AT&T enter war of words over who is America’s #2 wireless provider
T-Mobile reported year-over-year increases of $13.2 billion in service revenue and $17.7 billion in total revenue for the quarter, both driven by the merger with former competitor Sprint and the company's continued customer growth.
Nasdaq clears 11,000 as Apple nears $2T market value
The tech-heavy index notched its 32nd record-high close of the year.
Skyrocketing gun sales trigger US ammo shortage
Vista Outdoor ammunition sales are surging as Americans buy more guns
Papa John's sales hit record as coronavirus fuels pizza binge
The Louisville, Kentucky-based pizza chain operator reported second-quarter sales spiked 15 percent from a year ago.
Popeyes spices up sales at Burger King parent grappling with coronavirus
Restaurant Brands International reported a 25 percent drop in second-quarter revenue amid weakness at Burger King and Tim Hortons.
During coronavirus, Etsy's dormant buyers come alive
Etsy reported a triple-digit increase in the company's gross merchandise sales Wednesday as the coronavirus pandemic lead to an influx of 11.5 million new buyers and 7.2 million reactivated buyers who haven’t purchased in a year or more on the online retailer's marketplace.
Stocks surge as Nasdaq nears 11K amid coronavirus vaccine progress
Lawmakers wrangled over a new COVID-19 relief package and drugmakers made progress toward a vaccine.
Wayfair sales surge 84% as coronavirus ignites digital furniture-buying frenzy
Wayfair swung to a second-quarter profit as sales spiked 84 percent from a year ago.
CVS profit gets boost from coronavirus delay in elective surgeries
The Woonsocket, Rhode Island-based pharmacy health care provider earned $2.99 billion, or an adjusted $2.64 per share.
Fox posts lower quarterly profit on decline in advertising revenue
Fox Corp.'s revenue still pulled slightly ahead of analysts’ expectations.
Stocks rise, Nasdaq hits new record as coronavirus-relief talks move in 'right direction'
Treasury Secretary Steven Mnuchin said negotiators made a “little bit of progress,” but Democrats and Republicans remained divided on key issues including an extra $600-per-week unemployment benefit.
BP cuts dividend as coronavirus speeds up push into greener energy
BP announced a $16.8 billion pre-tax loss and cut its dividend in half.
Clorox posts higher sales as consumers stock up on disinfectants
Clorox Co. reported a 21.9% gain in sales for the latest quarter as consumers stocked up on cleaning goods and personal-care items due to the Covid-19 pandemic, and it said on Monday that it will promote Linda Rendle, the company’s president, to chief executive in September.
Apple soars to record, lifting Dow, S&P, Nasdaq to 4th straight monthly gains
Amazon, Apple, Google and Facebook all reported strong earnings in the second quarter of 2020
Fiat Chrysler posts lower-than-expected operating loss in second quarter
Chief Executive Mike Manley said the group’s plants were up and running and car dealers were selling in showrooms and online.
Under Armour sales tank as coronavirus shutters stores
Under Armour reported a second-quarter loss of $182.9 million as COVID-19 shut stores and drained 41 percent from revenue
Caterpillar sales sag 31% in coronavirus slowdown
The Deerfield, Illinois-based heavy-equipment manufacturer earned $458 million, or an adjusted $1.03 per share, as revenue slid 31 percent from a year ago to $10 billion.
Nokia profit up despite pandemic as new CEO takes over
Friday marked the last day as a CEO for Rajeev Suri, a Nokia veteran of 25 years
Stock futures rise as investors study earnings reports
Four Dow stocks will report earnings before the market opens.




















