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Earnings Report

IBM Sees 4.6% Drop in Quarterly Revenue

International Business Machines Corp reported a 4.6 percent fall in quarterly revenue, hurt by a strong dollar and muted IT spending amid global economic uncertainty.

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.