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Earnings Report

Rite Aid posts 2Q profit

Rite Aid Corp. (RAD) on Thursday reported fiscal second-quarter net income of $170.7 million.

BlackBerry shares up as software sales hit record

BlackBerry Ltd. reported stronger-than-expected quarterly results and increased its fiscal-year revenue forecast after sales at its closely watched software business hit a record, sending its shares up more than 7 percent in Thursday premarket trading.

Nike posts slowest quarterly sales growth in nearly 7 years

Nike Inc posted its slowest quarterly sales growth in nearly seven years in the face of intensifying competition from Adidas and a looming price war amid sporting goods retailers as it tries to expand its direct-to-consumer business.

Nike posts slowest quarterly sales growth in nearly 7 years

Nike Inc posted its slowest quarterly sales growth in nearly seven years in the face of intensifying competition from Adidas and a looming price war amid sporting goods retailers as it tries to expand its direct-to-consumer business.

Target is raising minimum hourly wage to $15 by end of 2020

Target Corp. is raising its minimum hourly wage to $11 starting next month and then to $15 by the end of 2020 in a move it says will help it better recruit and retain staff and provide a better shopping experience for its customers.

Oracle's profit, cloud growth forecasts drag down shares

Oracle forecast current-quarter adjusted profit largely below Wall Street's estimates and indicated to slowing growth in its soaring cloud business, sending the company's shares down as much as 5 percent in aftermarket trading.