Oil services provider Schlumberger rocked by 'double black swan'
The Houston-based oil services provider lost $5.32 a share as revenue fell 5 percent year-over-year to $7.5 billion.
Stocks rise as Trump prepares reopening of America details
The Labor Department reported Initial jobless claims totaling 5.25 million for the week through April 11.
Morgan Stanley warns of more pain ahead as coronavirus bites profits
In January, just before the virus started spreading around the world, Morgan Stanley boosted its performance targets and set new goals for cost-cutting.
Abbott Labs posts 16% profit drop amid coronavairus, suspends forecast
Abbott Laboratories reported earnings of 31 cents a share on net revenue of $7.73 billion.
Morgan Stanley profit sinks 30% under coronavirus pressure
Morgan Stanley is the smallest of the six major U.S. banks with few true peers in the bunch, which has left some investors unsure how it will fare in a coronavirus downturn.
Stocks slide as coronavirus slams US economy with historic declines in retail sales, manufacturing
Retail sales fell 8.7 percent and the Empire State Manufacturing Survey hit a record low.
Citi profit slides as coronavirus forces $5B increase in loan reserves
The lender, the most global of the U.S. banks, said net income fell to $2.52 billion, or $1.05 per share, in the first quarter.
Goldman Sachs profit halves on higher loan loss provisions, investment hit
Goldman Sachs reported a 49 percent drop in quarterly profit.
Bank of America joins rivals with $3.6B buffer from coronavirus loan defaults
The buildout in so-called reserves helped drag net income down 45 percent to $4 billion, or 40 cents a share, in the three months through March.
UnitedHealth jumps after profit beats Wall Street targets
Premiums rose 6.6% to $50.64 billion, just shy of the FactSet consensus of $50.70 billion, while products revenue increased 4.4% to $8.43 billion
Dow jumps 558+ points, Nasdaq exits bear market as coronavirus concerns ease
Wall Street analysts predict S&P 500 earnings will tumble 9 percent from a year ago, the first quarterly decline since the financial crisis.
Wells Fargo profit decimated as coronavirus boosts loan-loss provisions
The fourth-largest U.S. lender's quarterly profit fell to $42 million, or 1 penny per share, from $5.51 billion, or $1.20 per share, a year earlier.
Stock futures rise ahead of bank earnings
JPMorgan Chase and Wells Fargo will report quarterly earnings on Monday
Nasdaq rises helping Dow, S&P curb some losses
Tech stocks led a turnaround for the Nasdaq on Monday.
Coronavirus spotlights risk at JPMorgan, Wells Fargo
Commercial real estate loans will be in focus when banks report their first-quarter results.
S&P 500 joins Dow in exiting bear market as Sanders suspends presidential campaign
Stocks rallied Wednesday as COVID-19 showed signs of plateauing in some of the hardest hit areas.
Stocks soar on oil's record gain as Trump expects Russia, Saudi Arabia to cut output
Stocks rallied as oil posted its biggest gain on record.
Walgreens grapples with coronavirus after early 2020 sales growth
The operator reported stronger-than-forecast sales for its latest quarter, which ended Feb. 29, as consumers were starting to stockpile supplies.
Dow, S&P 500 post worst March since the Great Depression
The Dow posted its worst quarterly drop since 1987, for the S&P it is the worst since 2008.
P&G CEO thanks his employees for helping through coronavirus crisis
P&G is making supplies during pandemic