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Business News

Strong loan growth lifts Fifth Third Bancorp’s Q1 earnings; stock gains

Supported by a marked increase in loans, earnings of Fifth Third Bancorp (Nasdaq: FITB) increased and exceeded the market’s prediction…

Twitter stock surges on Q1 earnings beat; CEO vows to curb abuse on platform

Twitter (NYSE: TWTR) reported solid earnings and revenue growth for the first quarter of 2019 amid stable growth in daily…

Whirlpool stock gains on Q1 earnings beat; confirms FY19 guidance

Earnings of home appliance maker Whirlpool Corp. (NYSE: WHR) increased in the first quarter and topped expectations, aided by lower restructuring costs…

Earnings preview: AT&T to beat user exodus in Q1 on strength of wireless biz

Last week, AT&T (NYSE: T) sold its stake in on-demand video provider Hulu to the majority shareholders, leaving the market…

Earnings preview: Boeing braces for a bleak Q1 as 737 crisis deepens

The Boeing Company (NYSE: BA) is preparing for one the most challenging quarterly earnings in its history, with the credibility…

Earnings preview: For Twitter, new revenue streams hold the key to Q1 growth

After improving its revenue performance in recent quarters, with a revamped product portfolio and expansion strategy, Twitter (NYSE: TWTR) is…

Earnings preview: Verizon bets on wireless prowess to tackle challenges in Q1

Telecom giant Verizon Communications (NYSE: VZ) will be reporting its first-quarter results Tuesday before the market opens. Wall Street’s consensus…

Earnings preview: Baidu’s (BIDU) steady growth, rising costs point to a mixed Q1

Internet search platform Baidu Inc. (Nasdaq: BIDU), which is often referred to as China’s Google, has been striving to strike…

American Express stock falls after Q1 revenues miss estimates; earnings beat

Benefitting from higher cardmember spending and loan volumes, revenues of American Express Company (NYSE: AXP) increased in the first quarter.…

Domino’s Pizza (DPZ) stock spikes after rating upgrade by Morgan Stanley

Domino’s Pizza (NYSE: DPZ) got a major boost Wednesday after Morgan Stanley came out with bullish views on the fast…

Earnings: Crown Castle (CCI) stock gains on Q1 earnings beat; maintains FY19 outlook

Crown Castle International (NYSE: CCI), a provider of wireless communication solutions, Wednesday said that earnings and funds from operations increased…

Earnings: Morgan Stanley Q1 revenue dips on weak trading; earnings beat

Financial services giant Morgan Stanley (NYSE: MS) reported better than expected earnings and revenues for the first quarter, despite a…

Earnings: Mellanox (MLNX) shares gain after Q1 results beat Street view

Mellanox Technologies (Nasdaq: MLNX) reported stronger than expected earnings and revenues for the first quarter of 2019. The fabless semiconductor…

Intel (INTC) acquires UK-based programmable chip maker Omnitek

While continuing its expansion initiatives under the new CEO, Intel Corporation (NASDAQ: INTC) seems to be shifting focus to new…

Earnings preview: American Express (AXP) to cash in on cardmember spending, partnerships in Q1

American Express Company (NYSE: AXP) will be unveiling its first-quarter earnings Thursday before the opening bell. Wall Street analysts expect…

Earnings: Wells Fargo (WFC) Q1 profit grows on consumer banking; tops Street view

Wells Fargo & Company (NYSE: WFC) reported higher earnings for the first quarter of 2019 supported by a strong performance…

Campbell Soup (CPB) close to selling Bolthouse Farms as debt mounts

As part of the initiatives to streamline operations and achieve financial stability, Campbell Soup (NYSE: CPB) continues to dump its…

Earnings preview: Weak trading, investment banking to hit Goldman Sachs’ (GS) Q1 results

Goldman Sachs (Nasdaq: GS) will be reporting its first-quarter results Monday before the openings bell. The investment banking giant is estimated…

Tesla (TSLA) puts brake on Gigafactory expansion; stock slips

Shares of Tesla (Nasdaq: TSLA) dropped 4% early Thursday after the electric car maker suspended the expansion initiatives at its…

Google (GOOG) hikes YouTube TV price to $50 as it adds more channels

By next month, customers of YouTube TV will be shelling out more to enjoy their favorite videos and movies. Google…

Earnings: Delta Air Lines (DAL) stock gains after Q1 results beat estimates

Aviation company Delta Air Lines (NYSE: DAL) reported a sharp increase in adjusted earnings for the first quarter, helped by…