Monday, 31 December 2018

The stock market is acting like earnings growth will turn negative next year

What happens to markets in 2019? It depends on your outlook on earnings.

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Friday, 21 December 2018

Nike crushes earnings expectations, helped by strong online sales, shares surge

Nike said revenue grew in nearly every category, with footwear and apparel seeing growth in the double digits globally. Digital sales led growth across both the Nike and Converse brands.

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Thursday, 20 December 2018

Accenture quarterly revenue rises 7.4%

Accenture reported a 7.4 percent rise in quarterly revenue on Thursday, as it reaped the benefit of its investments in digital and cloud services.

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Walgreens Boots Alliance beats Wall Street estimates on top and bottom lines

Walgreens Boots Alliance posts fiscal first-quarter earnings results Thursday before the bell.

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Eli Lilly sees 2019 profit, revenue above estimates; shares rise

Eli Lilly forecast better-than-expected revenue and adjusted profit for 2019, as the drugmaker benefits from higher demand for its newer medicines including diabetes drug Trulicity and psoriasis drug Taltz.

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Wednesday, 19 December 2018

General Mills posts quarterly profit above estimates, shares rise

General Mills reported quarterly profit above Wall Street estimates on Wednesday, as the Cheerios cereal maker raised prices and eked out higher margins from cost savings.

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As FedEx shares tank 7%, CEO blames 'bad political choices' for company's woes

FedEx Chairman and CEO Frederick Smith said Tuesday that most of the issues facing the company are the result of politicians around the world.

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Micron shares drop more than 7% after missing on revenue

Micron Technology shares dropped more than 6 percent during after hours trading Tuesday after the company missed revenue expectations in its quarterly earnings.

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FedEx tumbles after lowering earnings guidance, cites global trade slowdown

The logistics company pointed to weakness in Europe amid a slowdown in global trade. It announced plans to cut costs in response.

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Tuesday, 18 December 2018

Olive Garden owner's earnings top estimates, but revenue falls short

Olive Garden parent Darden Restaurants reported mixed financial results on Tuesday before the bell.

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Higher sales of heavy trucks boost Navistar profit

Truck maker Navistar on Tuesday reported better-than-expected quarterly profit and revenue, as strong freight demand helped boost sales of its high-margin Class 8 heavy trucks.

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Tuesday, 4 December 2018

Toll Brothers CEO blames media reports of housing slowdown for slowing housing

Toll Brothers CEO Douglas Yearley pointed to reports about the slowing housing market as the cause of the housing slowdown.

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Dollar General cuts full-year forecast on higher costs, shares fall

Dollar General on Tuesday lowered its full-year profit and sales forecast, hit by higher costs related to hurricanes in the third-quarter and higher freight costs, sending its shares down 6 percent before the bell.

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Toll Brothers profit surges 62%

U.S. luxury home builder Toll Brothers said on Tuesday its quarterly profit rose 62.1 percent, as it sold more homes at higher prices.

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