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Twitter's revenue growth accelerated and surpassed analysts' expectations. The social-media company introduced its first subscription service in the quarter. Twitter shares rose as much as 9% in extended trading on … Read More
Gap CEO Sonia Syngal thinks Walmart is the perfect partner for the apparel retailer, as the two companies endeavor to launch a new home brand together. "This is a new … Read More
Here’s a quick look at some earnings reports that were released after markets closed on Wednesday or before Thursday’s opening bell. With just over a month left in the current … Read More
The airline reported a full-year net loss of 815 million euros ($989 million) on Monday as Covid-19 restrictions pushed its traffic levels down 81%. Regardless of the recent surge in … Read More
"What we've seen is that this tight situation will continue for the next quarter or so," said Brian Gu, vice chairman and president of Xpeng. Xpeng's U.S.-listed shares fell nearly … Read More
Now expects operating margin of 5.5-7% in 2021 First quarter operating profit 4.9 billion euros versus 0.9 billion last year Shares indicated 1.2% higher In this article GM VOW3-DE Volkswagen, … Read More
Tim Hortons same-store sales shrank during the first quarter as Canadian Covid-19 outbreaks weighed on the business. "Americans are experiencing a very different path out of Covid than Canadians," Restaurant … Read More
KFC and McDonald's both entered the chicken sandwich wars in late February with their own takes of the menu item. Yum Brands said KFC's sandwich is selling more than twice … Read More
A quick glance at the calendar for this week shows some 900 publicly traded companies are scheduled to report March quarter earnings this week. We’ve selected a couple of dozen … Read More
Semiconductor stocks are gearing up for earnings as the global chip shortage rolls on, most notably impacting auto companies. NXP Semiconductor reported a 27% increase in first-quarter revenue after the … Read More
Equities took something of a beating Tuesday morning, with Home Depot down around 4% on a weak outlook and Palo Alto Networks down about 1% on a similarly dim view … Read More
Friday afternoon is typically not a time that companies want to release their quarterly earnings results. This week is no exception. There are several earnings on tap next week, with … Read More
