The bank's third-quarter earnings are 43 percent higher than a year earlier. » Read More
By: Fred Imbert
Citigroup's bottom line received a third-quarter boost from lower corporate taxes. » Read More |
By: Liz Moyer
The San Francisco bank is planning big staff cuts as part of an ongoing turnaround effort. » Read More |
U.S. regional bank PNC Financial Services beat analysts' estimates for quarterly profit on Friday.
The Starwood Capital CEO says negative factors are contributing to his unease about the state of U.S. economy.
U.S. Consumer Price Index was expected to rise 0.2 percent in September, in line with the previous month's increase.
First-time claims for state unemployment claims were expected to total 206,000, down 1,000 from the previous week's claims.
Strong travel demand lifts Delta profits, revenues, despite higher fuel costs. The second-largest U.S. airline's net income rose 13 percent in the three months ended Sept. 30 from a year earlier to $1.31 billion.
Walgreens Boots Alliance reports quarterly earnings that topped analysts' expectations, but revenue falls slightly short.
When third-quarter earnings season starts in earnest later this week, companies by and large will report that the present is all bright and rosy. The future? That could be another story.
The 16 percent surge in profits was a victory for Indra Nooyi on her last day as CEO, after years of pressure to sell or spin the company's beverage business as its growth has lagged behind that of its Frito Lay, Tostitos and other packaged snacks.
BlackBerry reported quarterly profit above Wall Street's estimates on Friday, as lower expenses helped offset a drop in its enterprise software and services revenue.
Rite Aid is separating the CEO and chairman position. Director Bruce Bodaken will become chairman and John Standley will remain CEO.
Darden posted better-than-expected fiscal first-quarter earnings, buoyed by strong sales at most of its restaurants, and a raised outlook for 2019.
FedEx's employee compensation and other expenses weighed on results.
Cheerios cereal maker General Mills missed analysts' estimates for quarterly sales, hit by lower demand for its snacks and yogurts in the U.S.
Oracle reported revenue that missed analysts' estimates even as profit was better than expected.
Broadcom forecast current-quarter revenue largely above estimates on higher demand for components that power data centers.
GameStop, the world's largest video game and gaming console retailer, reported a lower-than-expected quarterly profit on Thursday due to lower sales of video game software at its outlets.
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