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Earnings Report

Wendy's Raises Forecast, Profit Beats Estimates

Burger chain Wendy's raised its full-year profit forecast and reported a higher-than-expected quarterly profit, as new promotions such as its '4 for $4 meal' and renovated restaurants attracted more diners.

Zootopia Powers Disney Revenue

Walt Disney Co's (NYSE:DIS) reported a 4.1 percent rise in quarterly revenue, helped by the box-office success of "Star Wars: The Force Awakens" and animated movie "Zootopia".

Lumber Liquidators Sales Fall Again, Miss Estimates

Lumber Liquidators' sales fell for the fourth straight quarter, missing analysts' expectations again, as the hardwood flooring retailer struggles to revive demand amid fears that some of its products could cause cancer.

Cigna Reports Better-Than-Expected 1Q Profit

U.S. health insurer Cigna, which is being bought by larger rival Anthem Inc, reported a better-than-expected quarterly profit as more customers signed up for its Medicare Advantage business, boosting premiums.

News Corp's Profit Hit By Charge

News Corp, the owner of the Wall Street Journal and book publisher HarperCollins, reported its fifth drop in quarterly revenue in a row as print ad sales decline.

Merck 1Q Profit Beats, Raises Forecast

Dow component Merck reported an adjusted 1Q profit of $0.89 per share, topping the estimate for $0.85. Revenue for the drugmaker came in at $9.3 billion, falling short of the estimate for $9.46 billion.

Priceline Shares Tumble After Forecast for Slower Growth

Priceline Group on Wednesday said its growth would slow in the second quarter as it spends more on marketing and as the timing of holidays shifts traveler bookings, even as its first-quarter profit beat expectations.