In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines shares rose more than 4% in morning trading Thursday after the carrier hiked its revenue and profit estimates for the fourth quarter thanks to strong demand and high fares. Other airlines’ shares also rallied. American estimates revenue rose as much as 17% over
Earnings
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A man is seen at a Bed Bath & Beyond store in New York, on Jan. 5, 2023. Ziyu Julian Zhu | Xinhua News Agency | Getty Images Bed Bath & Beyond on Tuesday posted wider quarterly losses than expected as its chief executive acknowledged
In this article STZ Follow your favorite stocksCREATE FREE ACCOUNT A worker stacks cases of Constellation Brands’ Corona beer for delivery at the Euclid Beverage LLC warehouse in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Constellation Brands fell Thursday after the wine, beer and spirits company reported ongoing supply chain costs that
In this article WBA Follow your favorite stocksCREATE FREE ACCOUNT Walgreens Boots Alliance on Thursday reported fiscal first-quarter earnings that beat Wall Street’s estimates after an early flu season boosted demand for cough and cold medicine. The company said it also raised its full-year revenue outlook due in part to its U.S. health-care segment’s just-sealed
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla electric cars in Germany on March 21, 2022. Sean Gallup | Getty Images News | Getty Images Tesla just published its fourth-quarter vehicle production and delivery report for 2022. Here are the key numbers. related investing news Some analysts see a buying opportunity in
In this article MU Follow your favorite stocksCREATE FREE ACCOUNT Semiconductor maker Micron announced Wednesday that it would reduce its headcount by about 10% in 2023, in the latest example of a technology industry slowdown affecting employment. Shares of Micron fell more than 1% in extended trading. related investing news Here are Wednesday’s biggest analyst
In this article FDX Follow your favorite stocksCREATE FREE ACCOUNT FedEx said Tuesday it would cut $1 billion more in costs after weak demand ate into its quarterly profit. The company in September announced cost-cutting measures that included parking planes and closing some offices in the face of softening global demand. It also raised package-delivery
In this article DRI Follow your favorite stocksCREATE FREE ACCOUNT An Olive Garden restaurant in Times Square in New York Richard Levine | Corbis | Getty Images Darden Restaurants on Friday reported quarterly earnings and revenue that beat Wall Street’s expectations, as consumers continued to eat out despite pressure from inflation. The company also raised its earnings
In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO, Adobe Mark Neuling | CNBC Adobe shares rose 6% in extended trading on Thursday after the design software maker announced fiscal fourth-quarter earnings and guidance that exceeded analysts’ expectations. Here’s how the company did: Earnings: $3.60 per share, adjusted, vs. $3.50 per
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Safra Catz, Oracle’s CEO and then one of Oracle’s two co-CEOs, smiles during Oracle’s OpenWorld conference in San Francisco on, Sept. 20, 2016. David Paul Morris | Bloomberg | Getty Images Oracle shares rose as much as 4% in extended trading on Monday after the
In this article 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT TSMC has bucked a slowdown in areas of the chip market in the face of rising prices, fears of a global recession and Covid disruptions in China. Rafael Henrique | Sopa Images | Lightrocket | Getty Images TSMC, the world’s largest contract chipmaker, on Friday
In this article RENT Follow your favorite stocksCREATE FREE ACCOUNT Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC As some shoppers think twice about purchases, Rent the Runway is getting a bump. The fashion rental and subscription company on Wednesday reported stronger quarterly revenue that beat expectations and raised its financial outlook for the
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