Earnings Report

There is a $24 billion reason why Bank of America Corp. and Citigroup Inc. shareholders should care about looming bank stress tests.

There is a $24 billion reason why Bank of America Corp. and Citigroup Inc. shareholders should care about looming bank stress tests.

Memory-chip maker Micron Technology Inc said it would implement a restructuring plan to lower costs by focusing on fewer projects, job cuts and other measures.

Memory-chip maker Micron Technology Inc said it would implement a restructuring plan to lower costs by focusing on fewer projects, job cuts and other measures.

ConAgra Foods Inc on Thursday reported a 9.5 percent drop in quarterly net sales, missing analysts' estimates, as demand weakened for its consumer foods, which include Chef Boyardee pasta and Hunt's ketchup.

ConAgra Foods Inc on Thursday reported a 9.5 percent drop in quarterly net sales, missing analysts' estimates, as demand weakened for its consumer foods, which include Chef Boyardee pasta and Hunt's ketchup.

Trevor Edwards, president of NIKE brand, said inventory levels are now “clean” heading into the new fiscal year, adding that the company is taking steps “to ensure that we are set up to deliver long-term profitable growth” in North America.

Trevor Edwards, president of NIKE brand, said inventory levels are now “clean” heading into the new fiscal year, adding that the company is taking steps “to ensure that we are set up to deliver long-term profitable growth” in North America.

Monsanto Co said on Wednesday it was in talks with Bayer AG and other companies regarding "alternative strategic options," a month after the U.S. seed producer rejected the German company's $62 billion takeover offer.

Monsanto Co said on Wednesday it was in talks with Bayer AG and other companies regarding "alternative strategic options," a month after the U.S. seed producer rejected the German company's $62 billion takeover offer.

General Mills Inc reported a better-than-expected quarterly profit, helped by cost cuts and higher demand in markets outside the United States, and the company forecast full-year earnings above analysts' expectations.

General Mills Inc reported a better-than-expected quarterly profit, helped by cost cuts and higher demand in markets outside the United States, and the company forecast full-year earnings above analysts' expectations.

Nike is facing some headwinds to its overseas growth. Here is a breakdown of its latest earnings report.

Nike is facing some headwinds to its overseas growth. Here is a breakdown of its latest earnings report.

Nike Inc. said its revenue rose 6% in the latest quarter as the athletic gear giant's growth in most of its international markets offset sluggish sales in its North American business.

Nike Inc. said its revenue rose 6% in the latest quarter as the athletic gear giant's growth in most of its international markets offset sluggish sales in its North American business.

BlackBerry recorded a large fiscal first-quarter loss on Thursday on a hefty asset-impairment charge, but results excluding items far outpaced analyst expectations amid improving sales in its software business.

BlackBerry recorded a large fiscal first-quarter loss on Thursday on a hefty asset-impairment charge, but results excluding items far outpaced analyst expectations amid improving sales in its software business.

FedEx forecasts capital spending of $5.1 billion in 2017, with $2 billion dedicated to further expansion of ground shipment facilities.

FedEx forecasts capital spending of $5.1 billion in 2017, with $2 billion dedicated to further expansion of ground shipment facilities.