Tag: Earnings
Facebook reports soaring quarterly ad revenue, stock jumps
<p>Facebook's stock is trading higher after the social media giant reported stronger-than-expected results for the first quarter thanks to soaring ad revenue.</p>
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Restructuring Deutsche Bank shows best quarter in 7 years
FRANKFURT, Germany — Deutsche Bank saw its strongest quarterly profits in seven years as the bank's long-running restructuring showed in lower costs and as...
Boeing posts $537 million loss in Q1, less than a year ago
Boeing Co. reported a wider than expected first-quarter loss on Wednesday, although revenue met Wall Street forecasts as the company generated cash by delivering...
Norfolk Southern’s Q1 profit improves as economy recovers
OMAHA, Neb. — Norfolk Southern's profit improved in the first quarter as the railroad hauled 3% more freight while the economy continued to recover...
Facebook reports soaring quarterly ad revenue, stock jumps
Facebook's stock is trading higher after the social media giant reported stronger-than-expected results for the first quarter thanks to soaring ad revenue.
...
BP to launch share buyback program after big profit spike
<p>LONDON — BP said Tuesday that it would be returning around a half-billion dollars to shareholders after “significantly” higher oil prices contributed to a...
Slipping COVID-19 treatment demand hits Eli Lilly forecast
<p>INDIANAPOLIS — Eli Lilly fell well short of Wall Street’s first-quarter expectations, and the drugmaker chopped the top end of its earnings forecast due...
Microsoft beats Wall Street expectations for early 2021
<p>Microsoft’s business beat Wall Street expectations for the first three months of 2021, thanks to ongoing demand for its software and cloud computing services...
Visa 2Q profits fall 2%, as economic slowdown hits payments
<p>NEW YORK — Visa Inc.'s fiscal second-quarter profits fell 2% from a year earlier, as the company dealt with a slowdown across its payment...
BP to launch share buyback program after big profit spike
LONDON — BP said Tuesday that it would be returning around a half-billion dollars to shareholders after “significantly” higher oil prices contributed to a...