Goldman Sachs Shines
Goldman Sachs Group Inc.’s stock surged by an impressive 3.7% in premarket trade on Monday, following a stellar first-quarter earnings report. The bank reported a remarkable net income of $3.93 billion, marking a...
Warning Signs for Nio
Nio Inc., a prominent Chinese electric vehicle manufacturer, experienced a downturn in its U.S.-listed stocks on Friday after unveiling its first-quarter financial results. The company's revenue fell short of expectations prima...
ServiceNow makes history
ServiceNow, the enterprise software company founded in 2003, reported its first $2 billion quarter and raised its full-year guidance for subscription sales. The company's fis...
P&G on the stock exchange
Procter & Gamble (NYSE:PG) shares soared 4.14% to $163.33 in the moment. As of 1:00 p.m. ET, the stock was up 4.26% to $163.04 per share. This is evidenced by the NYSE trading data.
The consumer products company re...
The cost of goods is increasing
Cleaner and razor manufacturer Tide and Gillette announced that it will begin increasing the price of beauty, oral hygiene and personal care products such as razors. This price increase will be achieved with an increa...
Profit in the second quarter
US consumer products maker Colgate-Palmolive Co (NYSE:CL). net income rose 10.7% to $703 million in the second quarter of 2021 from $635 million in the same period a year earlier. Earnings per share rose 12% to $0.83 fro...
Bank of America earnings
Net income of Bank of America Corp (NYSE:BAC)., one of the largest U.S. banks, increased 2.7 times in the second quarter to $8.96 billion, or $1.03 per share, from $3.28 billion, or 37 cents per share, in the same ...
Pfizer's earnings
Pharmaceutical company Pfizer (NYSE:PFE) Inc. increased both net income and revenue by 45% in the first quarter.
According to Pfizer press release, its net income in January-March was $4.88 billion, compared to $3.36 billion&...
BlackRock's net profit
BlackRock Inc., the world's largest investment firm by assets under management, increased its net income by 49% in the first quarter of 2021, thanks to a rebound in global markets as the...
Target Corp. revenue
Target Corp (NYSE:TGT). which owns the second-largest discount shop chain in the United States, posted net income of 1.38 billion dollars, or 2.73 dollars per share, for its fiscal 4th quarter ended January 30, up from 834 milli...
Deer's quarterly profit
U.S. Deere Co (NYSE:DE)., the world's largest manufacturer of farm equipment, posted a 2.4-fold increase in net income in the first quarter of its fiscal year ended Jan. 31 to $1.22 billion, or $3.87 per share, up from $517 m...
Ralph Lauren shops to be cut globally
US premium clothing manufacturer Ralph Lauren said it plans to cut up to 30% of its corporate real estate in North America, reduce space in Europe and Asia and close up to a dozen shops worldwide.
The company i...
Starbucks earnings
US-based Starbucks Corp (NASDAQ:SBUX). which owns the world's largest coffee chain, saw its net profit for the first quarter of fiscal 2021, which ended on December 27, 2020, decline 30% to $622.2 million, or 53 cents per share, f...
Profit better than expected
US-based Johnson & Johnson (NYSE:JNJ), the world's largest manufacturer of health products, saw its net income fall 2.3 times to $1.738 billion, or $0.65 per share, in the fourth quarter of 2020, down from $4.01 billi...
Company earnings
Net income of Wells Fargo Co (NYSE:WFC). the market leader in mortgage lending and the second-largest U.S. bank by capitalization, rose 4% to $2.99 billion, or 64 cents per share, in the fourth quarter of 2020, up from $2.87 billion...
Profit growth
Net income for U.S. FedEx Corp (NYSE:FDX). one of the world's largest transportation and logistics companies, soared 119%, or 2.2 times, to $1.226 billion, or $4.55 per share, for the 2nd fiscal quarter ended November 30, up from $560 ...
Companies rating
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