category

Earnings Report

Stocks Jump on Optimism Over French Election

The Nasdaq hit a record high on Monday, with other indexes rallying, as investors breathed a sigh of relief after Centrist candidate and market favorite Emmanuel Macron won the first round of the French election.

Stocks Jump on Optimism Over French Election

The Nasdaq hit a record high on Monday, with other indexes rallying, as investors breathed a sigh of relief after Centrist candidate and market favorite Emmanuel Macron won the first round of the French election.

GE Cash Flow Turns Negative in Quarter

General Electric reported that first-quarter cash flow from its industrial operations turned negative and was less than the company expected, though its earnings and revenue exceeded analyst estimates.

Visa's Earnings Beat Estimates, Shares Rise

Visa Inc, the world's largest payments network operator, reported better-than-expected quarterly earnings and said it expects full-year profit at the high-end of its forecast, as it reaps the benefits of its purchase of Visa Europe.

Verizon's 1Q Profit Falls 20%

Verizon, the No. 1 U.S. wireless carrier, reported a 20 percent fall in quarterly profit as it lost wireless postpaid subscribers despite the re-launch of unlimited data plans.

Ebay Forecasts 2nd-Qtr Profit Below Estimates

E-commerce company eBay Inc on Wednesday forecast current-quarter profit largely below expectations, sending its shares down as much as 4.5 percent in extended trading.

Ebay Forecasts 2nd-Qtr Profit Below Estimates

E-commerce company eBay Inc on Wednesday forecast current-quarter profit largely below expectations, sending its shares down as much as 4.5 percent in extended trading.

AmEx Profit Tops Estimates as Card Members Spend More

American Express Co on Wednesday posted a better-than-expected first-quarter profit, helped in part by higher spending by card members, and the company's shares rose 2.3 percent in trading after the bell.

AmEx Profit Tops Estimates as Card Members Spend More

American Express Co on Wednesday posted a better-than-expected first-quarter profit, helped in part by higher spending by card members, and the company's shares rose 2.3 percent in trading after the bell.

Higher Freight Volumes, Rates Lift CSX Quarterly Profit

No. 3 U.S. railroad CSX Corp on Wednesday reported a better-than-expected quarterly net profit driven by rising freight volumes across most of the markets it covers and said it plans to cut costs and boost profitability moving forward.