Business
Earnings
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BlackBerry's first-quarter revenue of $244 million missed analysts' expectations. » Read More
With the filing of Hain's financial results, the company is now current with all its reporting obligations with the SEC. » Read More |
By: Jordan Novet
Oracle's cloud growth helped the company beat analysts' estimates for earnings. » Read More |
By: Michael Sheetz
The tech company's stock surged in after-hours trading after an earnings report that surpassed Wall Street expectations. » Read More |
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The stock has been on a tear, gaining more than 12 percent so far this year, outperforming the Dow Jones Transportation Average.
Lennar, the No. 2 U.S. homebuilder, reported a higher-than-expected quarterly profit, as it sold more homes at higher prices.
Kroger CFO Mike Schlotman tells CNBC the outlook was hurt in part by "deflation on top of deflation."
Saks Fifth Avenue owner Hudson's Bay said on Thursday it would cut about 2,000 jobs across North America in a major restructuring effort.
Key industry measures like deferred revenue and billings fell short of Wall Street's projections.
Uber reported a loss of $708 million in the first quarter, and finance chief Gautam Gupta is leaving.
Lowe's also reaffirms that it expects revenue to increase roughly 5 percent by the end of the year.
Nutanix shares rallied in extended trading as the company's earnings reported showed that businesses are flocking to its cloud technology.
Wal-Mart reported fiscal first-quarter earnings before the bell Thursday that beat Street estimates, but revenue fell short.
Home Depot reported first-quarter earnings before the bell on Tuesday that topped Street expectations.
Dick's reported same-store sales — a metric monitored closely by Wall Street for retail stocks — that missed Wall Street estimates.
TJX Cos. on Tuesday posted its slowest comparable-store sales growth in more than 10 quarters, adding to the gloom in the retail industry.
The department store operator's net loss widened to $180 million, more than doubling, in the first quarter.
Nordstrom reported better-than-expected earnings, as many retail stocks struggled to win Wall Street over with disappointing results.
At one point, Macy’s shares huge drop took the stock below $26 for the first time more in than 5½ years.
Kohl's posts a 14 percent jump in adjusted quarterly profit for the first quarter, fueled by higher traffic in stores in March and April.
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