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Earnings Report

Citigroup 2Q Results Beat the Street

The bank reported a 96% drop in quarterly earnings after taking a $3.8 billion charge related to a settlement with the DoJ. Citigroup will Pay $7 Billion to Resolve Mortgage Probe

Avon Reaches Preliminary Bribery Probe Deal; Revenue Falls

Avon Products will pay the U.S. government $135 million to settle a multiyear probe into its efforts to develop new markets overseas, according to a preliminary understanding the beauty products company disclosed on Thursday.

Shake Shack Shares Drop on Missed Guidance

Shake Shack's shares fell as much as 11 percent in early trading on Tuesday, a day after the hamburger chain reported the slowest sales growth at established restaurants in a year.

Yelp Cuts Revenue Guidance

Yelp Inc. lowered its revenue guidance for the year, citing slower sales growth and the elimination of its brand advertising product.

Yahoo Posts a Loss, but Revenue Rises

Yahoo booked adjusted earnings per share of 16 cents, missing expectations for 18 cents. Revenue of $1.04 billion, however, came in above expectations for $1.03 billion.