Latest in Companies Earnings
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Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.Business - The Wall Street Journal - Yesterday -
Tesla’s blowout earnings still leaves investors with these questions
A closer look at Tesla’s automotive gross margins and other aspects of its business are still big question marks for investors.Business - MarketWatch - October 26 -
Cramer says to not trade big winners ahead of earnings
CNBC's Jim Cramer looked at trading around Alphabet, Microsoft, Amazon and Apple as examples of Wall Street moves around earnings.Business - CNBC - October 28 -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - October 29 -
UK earnings inequality falls to lowest on record
Drop comes after successive increases in hourly minimum wageWorld - Financial Times - October 29 -
McDonald's surpasses earnings expectations in Q3 report
Fast food giant McDonald's reported its third quarter results Tuesday morning with revenue beating Wall Street's expectations at around $6.9 billion. CBS MoneyWatch correspondent Kelly O'Grady has ...Top stories - CBS News - October 29 -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - October 30 -
Woolworths Cuts Expectations for Australian Food Earnings
Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...Business - The Wall Street Journal - October 29 -
Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter
Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.Business - CNBC - October 30 -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - October 30 -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
Exxon beats earnings estimates, increases fourth-quarter dividend
Exxon's stock rose in early trading after beating earnings expectations.Business - CNBC - November 1 -
After Intel’s messy earnings report, this much is clear
Intel CEO Pat Gelsinger seems to have the board’s backing for his plan to run Intel’s foundry and design businesses combined, analyst says, despite reports of potential merger interest or a split.Business - MarketWatch - November 1 -
Amazon shares jump 6% after earnings beat
Amazon's latest upbeat results were driven by growth in cloud and digital advertising.Business - CNBC - November 1 -
How top lawyers earn their bragging rights on pay
Arrival of US firms has pushed up top UK law firms’ charge-out rates by almost 40% in five yearsBusiness - Financial Times - November 3 -
Nageeye, Chepkirui earn 1st NYC Marathon wins
Abdi Nageeye of the Netherlands won the men's race at the New York City Marathon on Sunday, and Sheila Chepkirui of Kenya took the women's event.Sports - ESPN - November 3 -
Caicedo equaliser earns Chelsea draw at Man Utd
Moises Caicedo's blistering second-half strike cancelled out a penalty from Bruno Fernandes as Chelsea salvaged a 1-1 draw with Manchester United on Sunday.Sports - ESPN - November 3 -
Kirill Kaprizov Earns NHL's Third Star Of The Month
Kirill Kaprizov's impressive start earns him NHL third star of the month honors.Sports - Yahoo Sports - November 2 -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - November 5 -
UniCredit Raises 2024 Outlook After Earnings Rise
UniCredit lifted its earnings guidance for the year after reporting a net profit increase that exceeded expectations.Business - The Wall Street Journal - November 6 -
Qualcomm pops on chipmaker's earnings and revenue beat
Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and guided to a strong December quarter.Business - CNBC - November 6 -
Krispy Kreme’s stock drops on earnings miss
Doughnut maker warns its full-year 2024 profit is expected to fall short of analyst estimates but its effort to sell its products at McDonald’s is off to a successful start.Business - MarketWatch - November 7 -
Airbnb misses on earnings but squeaks in a revenue beat
Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.Business - CNBC - November 7 -
Block reports revenue miss but a slight beat on earnings
Shares of Square parent Block tumbled in extended trading on Thursday after the company reported disappointing revenue for the third quarter.Business - CNBC - November 8 -
Draymond earns tech for ‘unsportsmanlike flail' in Warriors-Thunder
Draymond Green picked up a technical foul late on the Golden State Warriors' win over the Oklahoma City Thunder on Sunday night.Sports - Yahoo Sports - November 11