Latest Earnings reports News

Dell, Williams-Sonoma rise; Nordstrom, Salesforce fall

May. 29, 2020 4:21 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Salesforce.com Inc., down $6.31 to $174.79. The cloud-based software company cut its full year financial forecasts because of the virus pandemic's impact. VMware Inc., up $13.83 to $156.27. The cloud-based software company...

Shoppers walks past a Nordstrom window display at The Grove shopping center Wednesday, May 27, 2020, in Los Angeles. California moved to further relax its coronavirus restrictions and help the battered economy. Retail stores, including those at shopping malls, can open at 50% capacity. (AP Photo/Marcio Jose Sanchez)

Nordstrom's 1Q sales fell 40% as pandemic shuttered stores

May. 28, 2020 6:13 PM EDT

NEW YORK (AP) — Upscale department store retailer Nordstrom reported Thursday that its sales plunged nearly 40% in its fiscal first quarter when the pandemic forced a temporary shutdown of its stores. The Seattle-based company, however, said it has improved its financial flexibility by reducing inventory...

Nissan workers gather during a protest in Barcelona, Spain, Thursday, May 28, 2020. Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plans in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs. (AP Photo/Emilio Morenatti)

Nissan to close Indonesia, Spain auto plants after losses

May. 28, 2020 7:51 AM EDT

TOKYO (AP) — Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production. Yokohama-based Nissan’s chief executive, Makoto Uchida, said Thursday that its European...

Report: Up to $1.5 billion Wyoming revenue hit amid COVID-19

May. 26, 2020 2:19 PM EDT

CASPER, Wyo. (AP) — Collapsing energy prices and the COVID-19 pandemic are expected to cost Wyoming up to $1.5 billion in revenue over the next two years, preliminary estimates released Tuesday show. The nonpartisan state Consensus Revenue Estimating Group predicts sales tax revenue will fall up to 30% in...

Anaplan: Fiscal 1Q Earnings Snapshot

May. 26, 2020 12:54 PM EDT

SAN FRANCISCO (AP) — Anaplan Inc. (PLAN) on Tuesday reported a loss of $39.6 million in its fiscal first quarter. On a per-share basis, the San Francisco-based company said it had a loss of 29 cents. Losses, adjusted for stock option expense and non-recurring costs, were 10 cents per share. The results...

A doorman wearing a face shield and mask to protect from coronavirus stands outside the main entrance of the Fortnum & Mason department store as customers leave carrying shopping bags in the Piccadilly area of central London, Friday, May 22, 2020. The store reopened its food hall department for customers to enter yesterday as part of a phased reopening as the British government is beginning to relax aspects of its nationwide coronavirus lockdown. (AP Photo/Matt Dunham)

Global tourism upended; worst-case earnings scenario dodged

May. 22, 2020 7:14 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to national and global response, the work place and the spread of the virus. ________________________ SUPPLY DEMANDED: The virus has upended supply chains and shut stores...

Splunk, Coty rise; Ross Stores, Hertz fall

May. 22, 2020 4:20 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: NVIDIA Corp., up $10.04 to $361.05. The chipmaker gave investors an encouraging revenue forecast after a surprisingly good first quarter. Deere & Co., down $2.10 to $140.71. The tractor and backhoe maker beat Wall Street's...

This June 20, 2019 photo shows gamblers playing slot machines at the Ocean Casino Resort in Atlantic City, N.J. On May 22, 2020, New Jersey gambling regulators released figures showing that Atlantic City's nine casinos posted a collective gross operating profit of $29.6 million in the first three months of this year, down 65% from the same period a year ago due to casino closures during the coronavirus outbreak. (AP Photo/Wayne Parry)

Virus closures send Atlantic City casino profits down 65%

May. 22, 2020 3:32 PM EDT

ATLANTIC CITY, N.J. (AP) — Atlantic City's casinos saw their gross operating profits fall by more than 65% in the first quarter of this year, according to figures released Friday. The statistics cover only the first two weeks of casino closures due to the coronavirus outbreak; second-quarter earnings are...

BJ's, AstraZeneca rise; Hormel Foods, Medtronic fall

May. 21, 2020 4:23 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Synopsys Inc., up $3.02 to $168.49. The maker of software used to test microchips gave investors a solid profit forecast after a surprisingly good second quarter. Take-Two Interactive Software Inc., down $8.65 to $138.19. The...

US lawmakers from agricultural states push for $1B in aid

May. 21, 2020 4:20 PM EDT

ALBUQUERQUE, N.M. (AP) — Some New Mexico dairies have reported average monthly losses of more than a quarter-million dollars as fallout from the coronavirus outbreak mounts. Ranchers have seen cattle prices plummet amid supply chain problems, and farmers are starting to worry about potential labor...