4 years 5 months ago
The bank said macroeconomic, geopolitical and market factors created a high level of uncertainty in the first three months of the year.
4 years 5 months ago
The company largely weathered inflationary challenges during the first quarter and maintained its outlook.
4 years 5 months ago
A snarled supply chain has been particularly hard on its Old Navy division, which targets a lower-income consumer.
4 years 5 months ago
American expects to fly as much as 94% of its 2019 second-quarter schedule, more than competitors Delta Air Lines and United Airlines.
4 years 5 months ago
Revenue growth was driven in part by an increase in the number of cars Tesla delivered, and an increase in average sales prices
4 years 5 months ago
United says strong demand and higher fares are allowing the airline to cover its fuel costs.
4 years 5 months ago
Consumer goods giant P&G may serve as a bellwether for investors as costs rise and shoppers weigh higher price tags.
4 years 5 months ago
IBM sees growth in 2022 after the company spun off its managed-infrastructure services unit.
4 years 5 months ago
It's the first time the streamer has reported a subscriber loss in more than a decade.
4 years 5 months ago
When asked about halting guidance for J&J's Covid vaccine, CFO Joe Wolk said the shots are not for profit and do not impact the company's bottom line.
4 years 5 months ago
Bank of America's moves are in contrast to rival JPMorgan Chase, which disclosed last week that it took a $1.46 billion provision for credit losses.
4 years 5 months ago
Goldman seems to have exceeded other Wall Street firms in benefiting from the sudden market upheaval caused by the Ukraine conflict.
4 years 5 months ago
Wells Fargo on Thursday reported lower-than-expected first-quarter revenue amid a drop in mortgage lending.
4 years 5 months ago
Citigroup topped first-quarter profit and revenue estimates helped by better-than-expected trading results.
4 years 5 months ago
Morgan Stanley saw stronger-than-expected revenue from equity and fixed-income trading amid volatile markets.
4 years 5 months ago
JPMorgan said Wednesday that first-quarter profit fell because of increased costs tied to bad loans and market upheaval caused by the Ukraine war.
4 years 5 months ago
Delta said it expects a pretax profit in the second quarter and that it will restore capacity to 84% of 2019 levels.
4 years 5 months ago
On Wednesday, the fashion rental platform reported fiscal fourth-quarter revenue ahead of analysts' estimates along with a narrower-than-expected loss.
4 years 5 months ago
Bed Bath & Beyond is in the middle of a turnaround effort and has been under pressure from an activist investor.
4 years 5 months ago
Levi Strauss sold more of its jeans and T-shirts at higher price points, often directly to consumers.
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