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...
Shopping after COVID-19
Kimco Realty's (KR) visitor levels are back to the original pre-pandemic levels CEO Conor Flynn said on this Thursday.
"Traffic is back to what it was in 2019 and a...
E-sales slowdown
Amazon's second-quarter earnings came in below analysts' estimates; the company's third-quarter forecast also disappointed Wall Street. E-sales growth slowed, not even the Prime Day sell-off helped.
The world's largest e-retailer A...
Strong revenue growth
Visa and Mastercard posted stronger-than-expected quarterly results than Wall Street had anticipated, driven by growth in consumer spending on entertainment and tourism.
Visa (V) and Mastercard (MA) shares rose after post...
Facebook's earnings
Facebook reported record revenue growth in the second quarter. However, Facebook shares fell after the company's chief financial officer warned that it expected a "significan...
Boeing's profits
Boeing reported profits and revenue growth of 44% in the second quarter as airlines resumed orders for the company's commercial jets. Analysts suggest Boeing is starting to emerge from a deep crisis.
Shares in Boeing (BA)...
Google's report
Global digital advertising giant Google has posted a strong quarter, with results beating Wall Street expectations. Revenues at Google Cloud rose 54.3%. Shares were up 3.8% before the opening bell.
Shar...
Revenue growth and forecasts
Microsoft reported stronger fourth fiscal quarter results than Wall Street expected on Tuesday. Component shortages for Xbox and Surface were offset by strong sales of Azure, software products and dig...
Apple report
Apple's financial report showed strong growth compared to last year's difficult year, beating forecasts and reporting a 50% increase in iPhone sales. However, this growth rate will not continue due to chip shortages.
Apple (AAPL) repor...
Earnings and forecasts
The company reported earnings per share and second-quarter earnings above analysts' estimates, while raising its full-year sales forecast for 2021. However, Intel's current quarter earnings are down.
Intel...
Profit in the first half of the year
Microblogging service Twitter Inc. posted a net profit of $133.654 million for the first half of the year, compared with a loss of $1.386 billion a year earlier, the company said in a sta...
Subscriber growth and plans
In Netflix's second-quarter report, the company reported revenue growth of 19%, above estimates, with the number of new paid subscribers also surpassing Wall Street estimates. Netflix said it would add...
Donald Trump's company
Donald Trump's companies generated about $2.4bn in revenues during his four years as US president, Forbes magazine said on Monday.
Also, as noted in the publication, the calculations are based on an analysis of documents, inc...
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 ...
JPMorgan's profit
JPMorgan, the biggest US bank by asset size, posted strong earnings growth on the back of a release of reserve funds and a significant jump in investment banking revenues.
JPMorgan Chase Co. (JPM...
Soda demand
PepsiCo Inc (NASDAQ:PEP) raised its earnings forecast for 2021 on Tuesday, betting on rising demand for carbonated drinks in cinemas, restaurants and stadiums as viewers return after the easing of ...
Nike's report
Nike on Thursday reported a successful end to fiscal 2021 after the close of trading, beating Wall Street expectations. Nike's quarterly revenue nearly doubled to an all-time high of $12.34 billion.
Shares in Nike (NKE) rose 14.1...
Adobe's shares rise
Adobe shares rose 2.5% in after-hours trading after the cloud software maker reported revenue growth of 23% and gave an outlook for the coming quarter above analysts' average...
Second quarter 2021
Ford said on Thursday that its expectations for the second quarter of 2021 have increased compared with April. Ford sees growing demand for its electric vehicles and also points to lower costs a...
Artificial intelligence
McDonald's has announced that it will begin testing artificial intelligence technology for customer service on McDrive at 10 restaurants in Chicago. Using a voice assistant instead of staff will allow McDonald's to reduce cos...
NEW YORK NEWS
News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova
Development Director
