Tiffany said on Friday that its worldwide same-store sales fell 2 percent during the holiday season, leading the upscale jeweler to temper its expectation for full-year profit. » Read More
By: Sara Salinas
The company is guiding toward lower-than-expected results for the first quarter of 2019. » Read More |
By: Hugh Son
Sharp market declines in December showed that, while they've made progress diversifying their businesses, big banks like Morgan Stanley are still exposed to the whims of the market. » Read More |
By: Michael Bloom
Just days after raising prices, Netflix reports earnings after the bell and Wall Street is raising its expectations into the release. » Read More |
Morgan Stanley's two biggest businesses suffered declines amid last year's whipsawing markets.
CSX on Wednesday reported quarterly profit that topped Wall Street's expectations, but shares fell 2 percent after the No. 3 railroad operator forecast less robust revenue growth for 2019.
Top U.S. aluminum producer Alcoa beat Wall Street estimates for quarterly profit on Wednesday, buoyed by strength in its alumina segment.
Goldman Sachs beat profit and revenue expectations, powered by better-than-expected investment banking fees and interest income.
But BlackRock's revenue reported quarterly revenue that slightly exceed analyst expectations.
Bank of America's better-than-expected earnings report was driven by a strong performance from its consumer-banking business and lower taxes.
Ford Motor on Wednesday offered a fourth-quarter earnings forecast that was below Wall Street's expectations.
Snap's stock tumbled after the company reported that chief financial officer Tim Stone would be leaving to pursue other opportunities.
Nordstrom said it now expects its diluted earnings per share for fiscal 2018 to fall on the low end of a prior range of $3.27 to $3.37.
United Continental Holdings, the parent of the airline, beat revenue and profit estimates in the fourth quarter.
Shares of Blue Apron jumped after the company announced that it plans to reaffirm its ability to be profitable in 2019.
Delta Air Lines CEO Ed Bastian said the partial U.S. government shutdown will cost it $25 million in lost revenue this month as fewer government contractors are traveling.
J.P. Morgan Chase, the biggest U.S. lender, is closely watched by investors as a bellwether for the financial industry.
Wells Fargo reports fourth quarter EPS of $1.21 a share
Delta's fourth-quarter profits came in higher than Wall Street's expectations. Its shares dropped 2 percent in premarket trading.
UnitedHealth shares jumped 1.2 percent Tuesday after it reported fourth-quarter earnings that beat Wall Street's expectations.
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