Business
Earnings
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Foot Locker nosedive after the company's quarterly results miss expectations by a wide margin. » Read More
Deere reported a better-than-expected quarterly profit, helped by improving demand for its farm equipment, particularly in South America. » Read More |
Cosmetics maker Estee Lauder posted a higher-than-expected quarterly profit. » Read More |
The company also said its quarterly net income more than doubled and raised its full-year earnings forecast. » Read More |
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Looking ahead, Wal-Mart has raised the low end of its earnings outlook for the full year.
Alibaba, China's largest e-commerce firm, reported first-quarter revenue above Wall Street estimates, helped by strength in the Chinese e-commerce market.
While the company beat estimates, revenue decreased for the seventh quarter in a row.
L Brands shares fell nearly 8 percent in after-hours trading after the company shared a weak outlook for the third quarter.
SUNNYVALE, Calif. _ NetApp Inc. on Wednesday reported fiscal first-quarter earnings of $136 million. Eight analysts surveyed by Zacks expected $1.31 billion. For the current quarter ending in November, NetApp expects its per-share earnings to range from 64 cents to 72 cents.
Until this past Monday, Target had so far been on the sidelines as far as deals go in retail.
Shares of Urban Outfitters soared Wednesday after the retailer reported earnings and revenue that topped expectations.
Denmark's A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday.
Home Depot has been benefiting from increased sales of more expensive items and from growth in the average shopper's ticket.
Dick's Sporting Goods says weakness in hunting and licensed apparel, among other factors, hurt its results.
The owner of retail chains T.J. Maxx and Marshalls reported better-than-expected profit and sales on Tuesday as its discounts attracted shoppers.
Before the bell on Tuesday Coach reported fourth quarter earnings per share which beat expectations but missed on revenue.
Washington's lack of movement on tax reform and health-care policy has corporate executives worried.
J.C. Penney's stock was in free fall after the besieged retailer turned in a mixed report for the second quarter.
Blue Apron was targeted by Amazon. Snap was copied by Facebook. Both are struggling.
Snap's second-ever quarterly report as a public company comes at a crucial time for the ephemeral messaging app.
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