Latest Earnings reports News

Alcoa, Goldman Sachs rise; Duck Creek, Corsair Gaming fall

Oct. 15, 2021 16:47 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Goldman Sachs Inc., up $14.87 to $406.07. The investment bank's earnings jumped 60% as corporate deals surged this summer, bringing in millions in fees. ...

Goldman Sachs' profits jump 60% helped by deal-making frenzy

Oct. 15, 2021 10:34 AM EDT

NEW YORK (AP) — Goldman Sachs' profits jumped 60% in the third quarter, as the deal-making bonanza that dominated financial markets this summer brought in hundreds of millions of dollars in fee revenue for the investment bank. The New York-based firm said Friday that...

UnitedHealth, Bank of America rise; Occidental, Boeing fall

Oct. 14, 2021 16:26 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: UnitedHealth Group Inc., up $16.81 to $420.36. The health insurer raised its profit forecast for the year after reporting strong third-quarter financial results. ...

‘Make-or-break quarter’ on Wall Street as earnings roll in

Oct. 14, 2021 09:31 AM EDT

NEW YORK (AP) — Crunch time is coming to Wall Street. Throughout this gilded year for investors, growth has kept accelerating for all kinds of forces that boost stock prices, sending the S&P 500 to more than 40 records. Now, though, investors are preparing for life...

UnitedHealth boosts outlook, again, after big Q3 numbers

Oct. 14, 2021 07:32 AM EDT

MINNETONKA, Minn. (AP) — UnitedHealth's Optum division continues to outperform and after putting up better-than-expected numbers for the third quarter, the nation's largest health insurer raised its outlook for 2021 for the third time. UnitedHealth runs...

Delta posts $1.2 billion Q3 profit, touts holiday bookings

Oct. 13, 2021 17:00 PM EDT

Delta Air Lines posted a $1.2 billion profit for the third quarter on Wednesday, helped by the latest installment of federal pandemic aid for the airline industry, but warned that rising fuel prices will lead to a “modest” loss in the fourth quarter. The airline also...

JPMorgan's 3Q profits rise, but low rates weigh on revenue

Oct. 13, 2021 13:05 PM EDT

NEW YORK (AP) — JPMorgan Chase posted a 24% jump in third-quarter profits on Wednesday, largely driven by one-time items that boosted its results, as the bank struggled to grow revenues with interest rates at near-zero levels. Despite the slow revenue growth, the bank...

This Week: Consumer prices, UnitedHealth earns, retail sales

Oct. 11, 2021 01:13 AM EDT

A look at some of the key business events and economic indicators upcoming this week: EYE ON INFLATION The Labor Department serves up its September reading of inflation at the consumer level Wednesday. Americans continue to face...

Levi Strauss, Meredith rise; Lamb Weston, Kellogg fall

Oct. 07, 2021 16:22 PM EDT

Stocks that traded heavily or had substantial price changes Thursday: Costco Wholesale Corp., up $3.53 to 452.87. The warehouse club operator reported encouraging September sales. Twitter Inc., up $2.68 to $63.97. ...

Inflation knocks businesses off balance as recovery slows

Oct. 07, 2021 10:30 AM EDT

Companies will soon start reporting their latest quarterly financial results and investors have been warned that inflation is going to sting. Retailers, auto makers and a wide range of manufacturers have all warned investors that a supply chain crunch and higher raw...