L Brands CEO Les Wexner under pressure as Victoria's Secret parent reports earnings
Wexner’s leadership at L Brands has drawn scrutiny in recent months amid a sales slump at Victoria’s Secret, as well as his personal ties to the late sex offender Jeffrey Epstein.
Target crushes earnings, raises outlook as digital sales boom
The big-box retailer earned $714 million, or an adjusted $1.36 a share.
Lowe's raises earnings outlook, shares jump
Comparable sales rose 2.2 percent overall and 3 percent at the company’s U.S. home-improvement business.
Urban Outfitters shares plunge on profit, sales miss
It was the first time in seven quarters that the company missed profit estimates.
Kohl's tanks after slashing earnings target
The department store earned $123 million, or $0.74 per per share.
Home Depot sales miss, shares plunge
The home-improvement retailer earned $2.8 billion in the third quarter.
How FedEx cut its tax bill to $0
FedEx's tax rate from 34 percent to less than zero.
WeWork’s loss balloons to $1.25B
Office space startup’s expenses in latest quarter far outpace the 94% jump in revenue.
Virgin Galactic reports first loss since IPO
Space travel company says it took "major steps forward in the Company's mission to open space for everyone."
Disney soars as streaming service makes more magic for the kingdom
Disney+ debuts on Nov. 12 and will cost $6.99 per month.
PG&E takes $2.5B hit from California wildfires
The San Francisco-based utility estimates $6.2 billion to $6.3 billion of costs this year related to wildfires.
Roku plunges as streaming service splurges to juice subscriber growth
Roku's operating expenses surged 60 percent from a year ago.
Fox announces $2 billion stock buyback plan
"Fox Corporation's first full fiscal year is off to a solid start" said Lachlan Murdoch.
Peloton's loss narrows to $49.8M as sales double
Peloton's loss narrowed by $4.8 million.
Uber's losses shrink as CEO promises profitability for 2021
Investors get a look under Uber's hood.
Warren Buffett's cash pile at Berkshire Hathaway tops $120 billion
That's despite a $10 billion investment in Occidental Petroleum.
Warren Buffett's Berkshire Hathaway posts big jump in profit
Berkshire’s financial reach extends to almost every sector of the economy.
Facebook's Zuckerberg warns of 'tough year' ahead amid political ad controversy
The call began less than an hour after Twitter CEO Jack Dorsey announced his company is banning all political ads from its platform.
Muscular earnings season tempers US recession fears for now
Many analysts project S&P 500 earnings growth will increase next year.
Apple shares rise on strong quarter as AirPod Pros, Apple TV+ launch
Analysts were watching for early returns on the flagship iPhone 11, as well as Apple’s first-quarter-guidance, which includes the critical holiday sales season.




















