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February 19, 2020

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Deutsche Telekom CEO Tim Hoettges goes on offensive

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by CNBC03
CNBC – For more and to sign up click here Marcelo Claure, CEO of Sprint Corporation (NYSE: S) and John Legere, President and CEO of T-Mobile USA (Nasdaq: TMUS) visit the New York Stock Exchange to speak to media about their announced merger. NYSE The merger between T-Mobile US and......
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CNBC Business

Walmart (WMT) reports Q4 fiscal 2020 earnings

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by CNBC04
CNBC – For more and to sign up click here Walmart earnings and revenue for the holiday quarter missed analysts’ estimates, as the retailer cited softness in toys and apparel during December. The company said earnings took a hit, in part, because of political unrest in Chile, where protests have......
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CNBC Business

HSBC reports fourth-quarter, full-year 2019 earnings

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by CNBC05
CNBC – For more and to sign up click here HSBC logo is displayed outside a branch of in the United Kingdom. Matt Cardy | Getty Images HSBC on Tuesday reported a 32.9% fall in pre-tax profit for 2019 to $13.35 billion — missing expectations by analysts.  The bank, Europe’s largest by......
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CBS US News

Apple will miss revenue target because of coronavirus

CBS News
by CBS News02
CBS News – For more and to sign up click here Apple is warning investors that it won’t meet its second-quarter financial guidance as a consequence of the coronavirus outbreak in China, which has forced it to cut production of iPhones. The technology company said Monday that all of its......
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CNBC Business

‘The market thinks the worst is over’

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by CNBC07
CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Stocks are likely to remain hostage to developments involving the coronavirus in the week ahead, and even so, the market could continue to hit new......
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CNBC Business

Newell Brands, Canopy Growth, Tesla & more

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by CNBC07
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Newell Brands (NWL) – The consumer products company reported quarterly earnings of 42 cents per share, 3 cents a share above estimates. Revenue also beat forecasts, however its......
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CNBC Business

Roku, Nvidia, Expedia and more

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by CNBC05
CNBC – For more and to sign up click here People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, September 28, 2017. Brendan McDermid | Reuters Check out the companies making......
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CNBC Business

Roku earnings Q4 2019

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by CNBC03
CNBC – For more and to sign up click here Anthony Wood David Orrell | CNBC Roku reported earnings for its fourth quarter of 2019 Thursday that beat analyst estimates for quarterly revenue and included a lower loss per share than analysts expected. Shares of Roku rose 9% after hours......
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CNBC Business

PepsiCo (PEP) earnings Q4 2019 beat estimates

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by CNBC09
CNBC – For more and to sign up click here PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations after strong performances by its North American beverage and snack divisions. But investors focused on the company’s weaker-than-expected forecast for 2020, and shares rose less than 1% in......
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CNBC Business

Barclay CEO Jes Staley is being probed over links to Jeffrey Epstein

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by CNBC09
CNBC – For more and to sign up click here Jes Staley Chris Goodney | Bloomberg | Getty Images Barclays’ Chief Executive Jes Staley is being investigated over links to Jeffrey Epstein, the American financier and convicted sex offender who committed suicide in jail last year. In a statement issued Thursday,......
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CNBC Business

DBS reports Q4 earnings, 2020 outlook as coronavirus spreads

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by CNBC012
CNBC – For more and to sign up click here DBS Group Holdings in the central business district of Singapore. Nicky Loh | Bloomberg | Getty Images The ongoing spread of a new coronavirus disease, recently named COVID-19, could hit the revenue of Southeast Asia’s largest bank this year, its......
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CNBC Business

Credit Suisse earnings Q4 2019

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by CNBC011
CNBC – For more and to sign up click here Tidjane Thiam, chief executive officer of Credit Suisse, speaks during an earnings news conference in Zurich, Switzerland, on April 24, 2019. Stefan Wermuth | Bloomberg | Getty Images Credit Suisse beat market expectations with its latest earnings on Thursday, posting a......
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CNBC Business

Cisco, Applied Materials, MGM Resorts and more

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by CNBC09
CNBC – For more and to sign up click here Cisco Systems headquarters Getty Images Check out the companies making headlines after the bell: Cisco Systems – Shares of the networking hardware company dropped 4% in extended trading despite reporting strong second-quarter results that beat analysts’ estimates. Cisco reported earnings......
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CNBC Business

CVS Health (CVS) earnings Q4 2019

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by CNBC012
CNBC – For more and to sign up click here A pedestrian walks through the parking lot of a CVS Health Corp. store in Oakland, California, Aug. 2, 2019. Michael Short | Bloomberg | Getty Images CVS Health reported Wednesday fiscal fourth-quarter earnings and revenue that beat Wall Street’s expectations,......
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CNBC Business

Lyft Q4 2019 earnings

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by CNBC015
CNBC – For more and to sign up click here The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York. Don Emmert | AFP | Getty Images Lyft reported earnings for its fourth quarter of 2019 Tuesday that......
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CBS US News

Under Armour stock down: Warning about coronavirus impact on sales, supply chain

CBS News
by CBS News08
CBS News – For more and to sign up click here Under Armour shares slumped after the athletic gear maker said it expects a big financial hit from the viral outbreak in China. Separately, it also said it may need to restructure this year at a cost of hundreds of......
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CNBC Business

Under Armour (UAA) reports fiscal fourth quarter 2019 earnings

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by CNBC010
CNBC – For more and to sign up click here An Under Armour store front is seen on November 04, 2019 in Sunrise, Florida. Joe Raedle | Getty Images Under Armour shares plummeted Monday morning after the company reported sales that missed analysts’ estimates during the holiday quarter and issued a......
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CNBC Business

XPO announces new CFO, watches for coronavirus impact

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by CNBC07
CNBC – For more and to sign up click here The XPO Logistics Company logo seen displayed on a smartphone. Getty Images XPO Logistics tapped Wyndham Hotel’s former Chief Financial Officer David Wyshner as its own finance chief, the company said Monday. Wyshner, who was also the CFO of Avis Car......
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CNBC Business

Slack, Chegg, Moderna and more

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by CNBC08
CNBC – For more and to sign up click here People pass by the New York Stock Exchange. Brendan McDermid | Reuters Check out the companies making headlines after the bell: Chegg – The American education technology company’s stock dropped more than 4% in extended trading despite reporting financial results......
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CNBC Business

Why the bond market looks so worried about the coronavirus outbreak

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by CNBC07
CNBC – For more and to sign up click here Falling bond yields are reflecting investor fears about the rapidly spreading coronavirus, yet stocks are rallying near their highs, even as the virus has now infected more than 40,000 people. The two markets appear to be diverging as low bond......
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