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July 09, 2020
2Q earnings to show how virus menaced Corporate America
Like that last roll of ultra-thin toilet paper left on the shelves or the latest Star Wars movies, it’s tough to be ...
July 01, 2020
FedEx reports a loss, but revenue tops Street expectations
FedEx Corp. flipped to a $334 million loss in its fiscal fourth quarter, but its revenue and adjusted profit beat Wall Street ...
June 26, 2020
Nike posts quarterly loss after virus forced store closures
Nike lost $790 million in the fourth quarter, as soaring digital sales couldn't make up for the loss of revenue from ...
May 06, 2020
Rush to fill medicine cabinets ahead of outbreak fuels CVS
The rush to fill medicine cabinets and pantries ahead of the rapidly spreading COVID-19 pandemic fueled surging profits at ...
May 01, 2020
Amazon profit falls as pandemic-related costs rise
Amazon’s sales soared in the first three months of the year, as more home-bound people shopped online amid the coronavirus ...
May 01, 2020
Visa 2Q profits up 3.6%, helped by more spending on network
Visa said Thursday that its fiscal second-quarter profits increased 3.6% from a year earlier, helped by growth in payments ...
April 30, 2020
McDonald's says 25% of stores closed as 1Q sales fall
McDonald's says it has likely reached the trough of global restaurant closures due to COVID-19, with 25% still shuttered.
April 30, 2020
Tesla ekes out 1Q profit, Musk rails against virus measures
Tesla reported that it eked out a first-quarter net profit Wednesday and its CEO went on a rant about the legality of ...
April 24, 2020
Union Pacific predicts 25% drop in volume because of virus
Union Pacific's first-quarter profit improved 6%, but the railroad expects shipping volume to plummet 25% in the second ...
April 23, 2020
CSX 1Q profit drops 8%, railroad withdraws outlook for year
CSX Corp. said Wednesday that its first-quarter profit slipped 8% and the railroad withdrew its outlook for the year because ...
April 15, 2020
Banks brace for big loan defaults by US, global customers
The major banks in the U.S. are anticipating a flood of loan defaults as households and business customers take a big ...
April 15, 2020
UnitedHealth keeps 2020 forecast as coronavirus hit emerges
UnitedHealth Group is sticking with its 2020 profit forecast for now, as the health insurance giant sifts through all the ...
April 14, 2020
J&J slashes outlook, races to develop coronavirus vaccine
Johnson & Johnson, anticipating significant impact from the COVID-19 pandemic, slashed its 2020 sales forecast by billions ...
March 30, 2020
Asian shares extend losses as toll from pandemic surges
Asian markets started the week with fresh losses as countries reported surging numbers of infections from the coronavirus ...
March 18, 2020
FedEx sees cargo opportunities as virus grounds airlines
Many passenger airlines that carry freight in their bellies are being grounded by the coronavirus outbreak, and that could ...
March 03, 2020
Target offers solid profit outlook despite virus uncertainty
Target Corp. offered a solid annual profit outlook on Tuesday and said that it hasn't seen anything related to the spreading ...
February 25, 2020
Home Depot's same-store sales surge in final quarter of 2019
Home Depot reported a better-than-expected fourth quarter with strong comparable-store sales. The home improvement retailer ...
February 22, 2020
Deere sees some stability on farms in bruising trade fight
Deere & Co. had a surprisingly strong first quarter after an extended period in which the tractor and construction equipment ...
February 21, 2020
First Solar, TrueCar fall; Deere, Dropbox rise
Stocks that moved heavily or traded substantially on Friday: Deere & Co., up $11.60 to $177.43. The farming machinery maker ...
February 19, 2020
Asian shares mostly rise despite continuing virus fears
Asian shares mostly rose Wednesday, despite overnight losses on Wall Street and continuing fears about an outbreak of a new ...
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