Finance

In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Morgan Stanley CEO James Gorman participates in a conversation-style interview with Economic Club of Washington in Washington September 18, 2013. Yuri Gripas | Reuters Morgan Stanley is set to report third-quarter earnings before the opening bell on Friday. Here’s what Wall Street expects: Earnings: $1.49

In this article DPZ Follow your favorite stocksCREATE FREE ACCOUNT An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza on Thursday reported better-than-expected revenue for the third quarter and stood by its forecast for food costs, even though earnings fell

In this article PEP Follow your favorite stocksCREATE FREE ACCOUNT PepsiCo hiked its forecast for the year Wednesday as higher prices helped lift the snack and beverage maker’s revenue for the third quarter. The company’s shares gained 4% following the report. For the quarter ended Sept. 3, PepsiCo said revenue rose 9% from a year

In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT A woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021. Paul Ratje | AFP | Getty Images Nike on Thursday said it had a strong first fiscal quarter despite supply

In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the

Lego Star Wars toys sit on display inside a Toys “R” Us Inc. store in Paramus, New Jersey, U.S., on Tuesday, Nov. 26, 2019. Bloomberg | Getty Images Lego sales are building on pandemic-era growth, boosted by popular sets from Lego Star Wars and Lego Harry Potter. On Wednesday, the privately held Danish toymaker said

In this article FDX Follow your favorite stocksCREATE FREE ACCOUNT FedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last week that its fiscal first quarter results were hit by weakening global demand. Shares of FedEx closed slightly higher after the earnings announcement, which was unintentionally released before

In this article DRI Follow your favorite stocksCREATE FREE ACCOUNT An order of breadsticks from a Darden Restaurants Inc. Olive Garden Getty Images Darden Restaurants on Thursday reported mixed quarterly results but stood by its outlook for fiscal 2023, predicting inflation will cool in coming quarters. The parent company of Olive Garden and LongHorn Steakhouse

In this article FDX Getty Images FedEx on Thursday withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments. “Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S.,” CEO Raj Subramaniam said in the release. “While this

In this article ORCL Oracle CEO Safra Catz speaks during the SelectUSA Investment Summit in Oxon Hill, Maryland, on June 19, 2017. The SelectUSA Investment Summit brings together companies from all over the world, economic development organizations from every corner of the nation and other parties working to facilitate foreign direct investment (FDI) in the

In this article NIO Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio had a loss of $409.8 million in the second quarter, representing significantly widening losses, despite deliveries that surpassed year-ago

In this article GME SAN RAFAEL, CALIFORNIA – DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San Rafael, California. Video game retailer GameStop will report third quarter earnings today after the closing bell. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images News | Getty Images GameStop said Wednesday that

In this article LULU Pedestrians pass by a Lululemon store. Scott Mlyn | CNBC Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on workout gear even as surging prices have hurt other retailers’ apparel sales. The company also raised its outlook for the year. Shares

Russia’s Gazprom saw its shares surge on Wednesday after reporting bumper first-half profits and announcing a new dividend to shareholders. Stoyan Vassev | Press service of Gazprom Neft | via Reuters Russian gas giant Gazprom posted a record first-half profit and promised new dividends to shareholders, sending its shares soaring more than 27% in early

The logo of Swedish payment provider Klarna. Thomas Trutschel | Photothek | Getty Images Klarna on Wednesday reported a dramatic jump in losses in the first half, adding to a deluge of negative news for the “buy now, pay later” pioneer. The Swedish payments firm generated revenues of 9.1 billion Swedish krona ($950 million) in

In this article BBY Televisions are seen for sale at a Best Buy store in New York City. Andrew Kelly | Reuters Best Buy on Tuesday said sales dropped by about 13% in the fiscal second quarter, as the retailer felt a pullback from inflation-weary shoppers. The company’s shares rose about 2% Tuesday afternoon, after

In this article M Macy’s Herald Square Flagship Department Store in Midtown Manhattan New York. Nicolas Economou | NurPhoto | Getty Images Macy’s on Tuesday cut its full-year forecast, saying it anticipates deteriorating consumer spending on discretionary items like apparel that will force the department store chain to use heavy markdowns to move items off

In this article SNOW Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. CNBC Shares of the cloud data platform provider Snowflake popped more than 17% in extended trading on Wednesday after the company released second-quarter earnings that beat analysts’ revenue expectations. Here’s how the company did: EPS: Loss