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Earnings Report

PepsiCo Shares Rise After 1Q Results

PepsiCo's quarterly sales fell 2.9 percent, the sixth straight quarter of decline, hurt by a strong dollar and weak revenue in some markets including Latin America and Europe.

Morgan Stanley Profit Slumps 54.4%

Morgan Stanley reported a 1Q profit of $0.55 per share, topping the estimate for $0.46. Revenue for the bank came in at $7.8 billion, just short of the estimate for $7.86 billion

NetFlix Kicks Off a Big Week for Tech ETFs

Technology exchange traded fund investors will be watching the technology sector as some of the major players begin revealing their first quarter results this week, with all eyes on Netflix (Nasdaq:NFLX) Monday.

Chipotle Reports First Fall in Sales Since Going Public

Chipotle Mexican Grill Inc reported its first fall in quarterly sales at established restaurants since it went public as the burrito chain operator lost customers after several incidents of food-borne illnesses at its outlets.

ETFs to Hedge Against Scary Earnings

As the earnings season goes into full swing, many have anticipated lackluster first quarter results, which could unhinge the recent market recovery off the February lows.

Bank of America's 1Q EPS Beats Estimate

Bank of America, the No. 2 U.S. bank by assets, reported an 18 percent slide in quarterly profit on Thursday as its trading business was hit by concerns about a global economic slowdown and uncertainty about U.S. interest rates.

Delta Air Profit Tops Expectations

Delta Air Lines on Thursday reported a first-quarter profit above analysts' expectations and forecast a smaller decline in passenger unit revenue for the spring, promising to change its fall flight capacity if necessary to improve the measure.

BlackRock's 1Q Profit Falls 20%

BlackRock, the world's largest asset manager, said on Thursday its profit fell about 20 percent during a first quarter that featured a dramatic reversal for markets.