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.
Facebook posts revenue growth despite pandemic
Facebook Inc. powered through the throes of the pandemic, as the social-media giant posted higher revenue thanks to increased engagement from users.
Amazon gains strength as coronavirus boosts shopping, cloud services
Amazon.com Inc. said sales and profits soared in the second quarter as shoppers inundated the company’s site with orders and employees working from home around the world powered growth in its cloud-computing unit.
Nasdaq recovers as S&P, Dow slip after US economy shrinks most in history
U.S. gross domestic product, or GDP, tumbled by an annualized rate of 32.9 percent in the three months through June
Fannie, Freddie earnings improve amid signs of housing market recovery
Sales of previously owned homes rose 20.7% in June over the prior month to a seasonally adjusted annual rate of 4.72 million, according to data from the National Association of Realtors released last week.
Comcast's broadband growth overshadows pandemic hit
Comcast's video losses in the second quarter were better than expected. The company shed 477,000 video customers, fewer than the 513,000 estimated by FactSet.
Kraft Heinz records $2.9B in 2Q write-downs but coronavirus pandemic boosts sales
Kraft Heinz Co. wrote down the value of its Oscar Mayer cold cuts and Maxwell House coffee brands, and several other businesses, reflecting challenges for the food maker despite sales that have been higher of late due to the Covid-19 pandemic.
Homebound shoppers fuel record UPS growth during coronavirus
The company’s U.S. domestic service saw average daily volume grow by a record 23 percent to 21.1 million packages per day.
Kellogg raises annual profit forecast as coronavirus boosts demand for Fruit Loops, waffle mixes
Cereal maker Kellogg Co raised its full year sales and profit forecast on Thursday, buoyed by rising demand for its Corn Flakes, Fruit Loops and waffle mixes among consumers stuck at home due to the COVID-19 pandemic.
Boaters marooned by coronavirus sap Brunswick's summer inventory
Brunswick said COVID-19 resulted in boat stockpiles falling 34 percent to their lowest level in almost 20 years




















