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July 1, 2022

firstquarter

DocuSign shares crater after first-quarter earnings miss

CNBC
CNBC – For more and to sign up click here Dan Springer, chief executive officer at DocuSign. David Paul Morris | Bloomberg | Getty Images DocuSign shares fell as much as 22% in extended trading on Thursday after the electronic signature software vendor reported weaker-than-expected earnings in its fiscal first......

First-quarter GDP declined 1.5%, worse than thought; jobless claims edge lower

CNBC
CNBC – For more and to sign up click here A ‘We’re Hiring!’ sign is posted at a Starbucks in Los Angeles, California. Mario Tama | Getty Images The U.S. economic contraction to start the year was worse than expected as weak business and private investment failed to offset strong......

Nordstrom raises full-year outlook as first-quarter sales top expectations

CNBC
CNBC – For more and to sign up click here Nordstrom on Tuesday reported fiscal first-quarter sales ahead of analysts’ expectations and hiked its full-year outlook, citing momentum in the business as shoppers visited the company’s department stores to refresh their closets with designer brands and shoes. Nordstrom now sees......

Home Depot raises full-year outlook after earnings beat, record first-quarter sales

CNBC
CNBC – For more and to sign up click here Home Depot on Tuesday raised its full-year outlook after reporting strong quarterly earnings, fueled by the company’s strongest first-quarter sales on record. Shares of the company rose 4% in premarket trading. Here’s what Home Depot reported compared with what Wall......

SoFi stock falls after fintech firm accidentally releases first-quarter report early

CNBC
CNBC – For more and to sign up click here Shares of SoFi fell sharply on Tuesday and were halted for nearly three hours after the company accidentally released its first-quarter results early. The company said the report, which was scheduled for after market close on Tuesday, was released early......

U.S. wholesale inventories rise strongly; first-quarter GDP seen revised slightly up

Reuters
Kathleen Littel shops for Christmas gifts at Hammond’s Candies, the largest U.S. wholesale supplier of candy canes, in Denver, Colorado, U.S., December 16, 2021. REUTERS/Alyson McClaran Register now for FREE unlimited access to Reuters.com Register WASHINGTON, May 9 (Reuters) – U.S. wholesale inventories increased solidly in March and the pace......

SocGen boosts first-quarter income but costs of Ukraine war rise

Reuters
The logo of French bank Societe Generale is seen outside a bank office in Nantes, France, February 4, 2022. REUTERS/Stephane Mahe/Files Register now for FREE unlimited access to Reuters.com Register PARIS, May 5 (Reuters) – French lender Societe Generale (SOGN.PA) beat first-quarter earnings expectations on Thursday but booked higher provisions......

Oil giant Shell reports soaring first-quarter profits, raises dividend

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CNBC – For more and to sign up click here Shell’s results follow bumper profits from across the oil and gas industry. Ben Stansall | Afp | Getty Images LONDON — Oil giant Shell on Thursday reported its highest quarterly profit since 2008 on soaring commodity prices, fueling calls for......

Moderna blows out first-quarter earnings expectations, triples Covid vaccine sales

CNBC
CNBC – For more and to sign up click here The Moderna Covid-19 vaccine awaits administration at a vaccination clinic in Los Angeles, California on December 15, 2021. Frederic J. Brown | AFP | Getty Images Moderna sold $5.9 billion of its Covid vaccine in the first quarter, blowing out......

CVS raises forecast for year, as first-quarter earnings top expectations

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CNBC – For more and to sign up click here A CVS Pharmacy store is seen in the Manhattan borough of New York City, New York. Shannon Stapleton | Reuters CVS Health on Wednesday outpaced Wall Street’s expectations for first-quarter earnings and raised its guidance for the year, as it......

BP reports bumper first-quarter net profit, but posts massive loss on hit from Russia exit

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CNBC – For more and to sign up click here BP has further boosted returns to shareholders after net profit jumped to its highest level in more than a decade. Chris J. Ratcliffe | Bloomberg | Getty Images BP on Tuesday reported bumper first-quarter profits and boosted share buybacks, despite......

Merck sold $3.2 billion of its Covid oral antiviral treatment, driving first-quarter revenue growth

CNBC
CNBC – For more and to sign up click here Medicine pill is seen with Merck logo and words ‘Molnupiravir’ and ‘COVID-19’ displayed on a screen in the background in this illustration photo taken in Poland on November 5, 2021. Jakub Porzycki | NurPhoto | Getty Images Merck sold $3.2......

Brazil’s Vale first-quarter net profit falls 19.6%, but beats expectations

Reuters
A view shows the company logo of Brazilian mining company Vale SA at its headquarters in downtown Rio de Janeiro August 20, 2014. REUTERS/Pilar Olivares Register now for FREE unlimited access to Reuters.com Register SAO PAULO, April 27 (Reuters) – Brazilian miner Vale (VALE3.SA), one of the world’s largest producers......

Ford sees first-quarter profit dragged lower by Rivian stake, but maintains 2022 earnings guidance

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CNBC – For more and to sign up click here DETROIT – Ford Motor posted first-quarter results Wednesday that were in line with Wall Street’s expectations, though its net profit was dragged down by a stake in electric vehicle maker Rivian Automotive and reduced vehicle production. Ford’s adjusted results excluded......

Spotify falls 11% on first-quarter earnings despite beat on top and bottom

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CNBC – For more and to sign up click here Omar Marques | LightRocket | Getty Images Shares of Spotify dipped Wednesday after the company reported its first-quarter 2022 earnings. The stock was down 11% in the morning amid a tough earnings season for tech stocks. Here are the key......

South Korea first-quarter growth likely slowed sharply by COVID curbs: Reuters poll

Reuters
People pose for photographs on a sunny spring day amid the coronavirus disease (COVID-19) pandemic at a Han river park in Seoul, South Korea, April 19, 2022. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register Q1 GDP seen up 0.6% vs previous quarter, up 2.8% on year......

L’Oreal flags firm demand for high end beauty products as first-quarter sales rise 13.5%

Reuters
A woman walks by the logo of French cosmetics group L’Oreal in the western Paris suburb of Levallois-Perret, France, February 7, 2020. REUTERS/Gonzalo Fuentes/File Photo Register now for FREE unlimited access to Reuters.com Register PARIS, April 19 (Reuters) – Cosmetics group L’Oreal (OREP.PA) beat expections for first-quarter sales growth on......

Victoria’s Secret refers to Ukraine war and inflation as it offers dismal first-quarter outlook

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CNBC – For more and to sign up click here Shoppers are seen inside a shopping mall in Bethesda, Maryland on February 17, 2022. Mandel Ngan | AFP | Getty Images Victoria’s Secret seesawed in after-hour hours trading Wednesday after the lingerie retailer issued a downbeat outlook for the coming......

Louisville holds Notre Dame to three first-quarter points in win

Sports Illustrated
http://www.si.com/.image/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200/MTg3NzE4ODQxNDc4OTQ4MDk1/usatsi_17780167-1.jpg Jelani Scott On a weekend highlighted by an unprecedented amount of top-10 upsets, Louisville made sure to leave zero room for doubt in a dominant showing on Sunday. The Cardinals outscored Notre Dame 45-6 through the first 15 minutes of play en route to a lopsided 86-64 road victory......

NFL preseason Week 2 takeaways: Cam Newton delivers efficient first-quarter performance for Patriots

ESPN
10:35 PM ET NFL NationESPN The second full week of preseason kicks off Thursday, one of five straight days with NFL action. With only two more games before the regular-season opener, expect more starters and names you know to be playing this week. Things started off Thursday with the New......

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