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October 18, 2021

Breaking News: Earnings

Walgreens earnings top estimates, as drugstore gives twice as many Covid vaccines as expected

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CNBC – For more and to sign up click here Walgreens Boots Alliance on Thursday exceeded Wall Street’s expectations for fiscal fourth-quarter earnings, as the company saw a surge in demand for Covid-19 vaccines amid a growing number of employer mandates. Despite the results, shares were down nearly 3% early Thursday,......

Morgan Stanley beats estimates on record investment banking and asset management results

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CNBC – For more and to sign up click here James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 24, 2019. Simon Dawson | Bloomberg | Getty Images Morgan Stanley......

Citigroup is set to report third-quarter earnings — here’s what the Street expects

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CNBC – For more and to sign up click here A Citibank sign in front of one of the company’s offices in California. Justin Sullivan | Getty Images Citigroup is set to report its third-quarter earnings before the bell on Thursday. Wall Street is anticipating earnings per share of $1.65......

Bank of America tops estimates on reserve release, strong advisory and asset management results

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CNBC – For more and to sign up click here Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Getty Images   Here are the numbers: Earnings: 85 cents......

JPMorgan Chase third-quarter earnings are out – Here are the numbers

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CNBC – For more and to sign up click here Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 25, 2019. Tiffany Hagler-Geard | Bloomberg | Getty Images JPMorgan Chase reported third-quarter earnings before the......

PepsiCo raises outlook after beating earnings estimates

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CNBC – For more and to sign up click here Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Tuesday raised its full-year forecast after its quarterly earnings and revenue topped analysts’ expectations, despite higher costs and snarls in the supply......

Nike shares fall as weaker sales in North America lead to revenue shortfall

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CNBC – For more and to sign up click here Pedestrians walk past the American multinational sport clothing brand, Nike store and its logo seen in Hong Kong. Budrul Chukrut | LightRocket | Getty Images Nike shares dropped in extended trading Thursday after the sneaker giant reported quarterly revenue that......

Oracle falls short on revenue as it ramps up cloud investment

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CNBC – For more and to sign up click here Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual......

Lands’ End CEO says it’s difficult to accurately predict the holiday season due to factory delays

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CNBC – For more and to sign up click here Consumer demand isn’t the problem — it’s getting the products to the shelves on time, according to apparel retailer Lands’ End. The retailer’s stock closed down more than 9% on Thursday at $31.10. Although the company turned in better-than-expected fiscal......

American Eagle shares drop after revenue falls short, e-commerce sales slow from last year

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CNBC – For more and to sign up click here A shopper walks past an American Eagle store in the mall. Tim Boyle | Getty Images News | Getty Images American Eagle shares tumbled Thursday after the company reported fiscal second-quarter revenue short of analysts’ estimates, as its e-commerce business......

Zoom shares slide 10% on slowing growth

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CNBC – For more and to sign up click here Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares fell as much as 10% in extended trading on Monday after the video-calling software maker......

Peloton shares tank after cycle maker posts disappointing earnings and outlook; cuts Bike price

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CNBC – For more and to sign up click here Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. Jeenah Moon | Bloomberg | Getty Images Peloton said Thursday its fiscal fourth-quarter loss widened as......

Salesforce raises full-year earnings guidance following its acquisition of Slack

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CNBC – For more and to sign up click here Marc Benioff, billionaire and co-founder and chief executive officer of Salesforce.com Inc., pauses during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. World leaders, influential executives, bankers......

Ulta shares rise after beauty retailer posts 60% gain in revenue, as makeup sales recover

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CNBC – For more and to sign up click here Florida, Port St Lucie, The Landing at Tradition, outdoor mall, Ulta, beauty cosmetics store. Jeff Greenberg | Universal Images Group | Getty Images Ulta Beauty shares rose more than 5% in extended trading on Wednesday after the company reported fiscal......

Dick’s Sporting Goods shares rise after second-quarter sales surge 21%, retailer raises forecast

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CNBC – For more and to sign up click here A Dick’s Sporting Goods store Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods shares rose on Wednesday after the retailer reported sales growth of 21% in the fiscal second quarter and raised its outlook for the year. Shares......

Nordstrom earnings beat, retailer raises forecast, but shares fall as sales still below 2019 levels

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CNBC – For more and to sign up click here A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom shares fell Tuesday after the department store chain reported fiscal second-quarter sales remained below pre-pandemic levels. Compared with a year earlier,......

Best Buy shares rise on earnings beat, retailer says consumers are upgrading tech to work at home

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CNBC – For more and to sign up click here An employee brings a television to a customer’s car at a Best Buy store in Orlando, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Best Buy said Tuesday fiscal second-quarter sales rose nearly 20% as consumers continued......

Palo Alto Networks jumps on robust profit forecast

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CNBC – For more and to sign up click here Nikesh Arora, CEO of Palo Alto Networks and then president and chief operating officer of SoftBank Group Corp., right, speaks as billionaire Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., looks on during a news conference in......

Kohl’s earnings top estimates, retailer raises forecast as higher foot traffic drives sales

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CNBC – For more and to sign up click here People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s reported Thursday fiscal second-quarter earnings that beat analyst expectations and it raised......

Cisco delivers slight beat as revenue grows 8%

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CNBC – For more and to sign up click here Cisco’s Chairman and CEO Chuck Robbins. Chesnot | Getty Images News | Getty Images Cisco shares moved slightly lower in extended trading on Wednesday after the networking hardware company reported earnings that exceeded analysts’ expectations. Here’s how the company did:......

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