JC Penney shares plunge after 2Q loss
J.C. Penney reported a fifth straight quarter of weaker same-store sales.
Snap shares hit record low as user growth miss unnerves investors
Snap Inc's shares fell more than 14 percent to hit a record low on Friday morning after messaging app Snapchat's daily active user growth missed expectations for the second quarter in a row.
J.C. Penney: Investors hope for the best
Will second quarter results Friday signal a turnaround for the department-store chain?
Snap co-founders will not sell shares as stock slumps on earnings miss
(Reuters) - Snap Inc. (NYSE:SNAP) Chief Executive Officer Evan Spiegel said on Thursday neither he nor co-founder Bobby Murphy would sell shares of the Snapchat parent this year, but that failed to soothe investors after quarterly results fell short of analyst expectations.
Snap co-founders will not sell shares as stock slumps on earnings miss
(Reuters) - Snap Inc. (NYSE:SNAP) Chief Executive Officer Evan Spiegel said on Thursday neither he nor co-founder Bobby Murphy would sell shares of the Snapchat parent this year, but that failed to soothe investors after quarterly results fell short of analyst expectations.
Department stores _ except Nordstrom _ see sales metric drop
Macy's Inc. (M) on Thursday reported fiscal second-quarter earnings of $116 million.
Nvidia's data center, automotive miss overshadows profit beat
Nvidia Corp reported lower-than-expected quarterly revenue in its fast-growing data center and automotive businesses, overshadowing a strong profit beat driven by sales of gaming devices such as Nintendo Co Ltd's Switch.
Business Highlights
___ Department store chains see key sales figures fall again NEW YORK (AP) — Department store chains saw key sales figures fall again in the latest quarter as customers increasingly move online.
Nasdaq posts higher-than-expected quarterly profit
Exchange operator Nasdaq Inc reported a better-than-expected quarterly profit, helped by a jump in revenue in its market services business that oversees transactions, clearing and settlement services.
Snap posts lower-than-expected daily active users, shares drop
Snap Inc reported a lower-than-expected number of daily active users for Snapchat, its popular messaging app, for the second quarter as the company grapples with stiff competition from Facebook Inc, sending its shares down about 6 percent in extended trading.
News Corp revenue misses on weak demand for print advertising
News Corp reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal was hurt by decling demand for print advertising.
S&P 500 falls 1.4 percent in biggest one-day drop since May
The S&P 500 index ended Thursday with its biggest one-day drop since May 17 as investors fled riskier assets in response to an exchange of threats between the United States and North Korea.
S&P 500 falls 1.4 percent in biggest one-day drop since May
The S&P 500 index ended Thursday with its biggest one-day drop since May 17 as investors fled riskier assets in response to an exchange of threats between the United States and North Korea.
Blue Apron revenue beats forecast, but hurt by plant delays
Customer growth and an increase in orders led to strong second quarter revenue for meal kit seller Blue Apron, which provided its first earnings report since becoming a public company.
USPS financial woes swell with $2.1B net loss last quarter
The financial distress continues for the United States Postal Service, which reported a net loss of $2.1 billion in the third quarter of 2017, an increase of more than $570 million over the same period last year.
Kohl's, Macy's say store traffic improving
Kohl's doesn't expect any major store closures in 2017.
Kohl's, Macy's say store traffic improving
Kohl's doesn't expect any major store closures in 2017.
Blue Apron serves up high costs in first report since debut; shares skid
Blue Apron Holdings Inc on Thursday reported a bigger-than-expected loss in its first quarterly report as a public company as the meal-kit delivery service spent heavily to woo customers, sending shares skidding 19 percent to a record low.
Macy's quarterly comparable sales top estimates
Department store operator Macy's Inc joined rival Kohl's Corp in reporting a smaller-than-expected decline in quarterly comparable sales.
Kohl's beats 2Q profit forecasts
Kohl's Corp. (KSS) on Thursday reported fiscal second-quarter profit of $208 million.














