Latest Earnings estimates News

Markets Right Now: Stocks closing lower Friday

May. 17, 2019 4:17 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks ended the day lower on Wall Street Friday and notched their second-straight weekly loss as investors were whipsawed by contradictory reports on the Trump administration's array of trade fights. Technology...

Walmart and Cisco rise while Virtusa and Farfetch stumble

May. 16, 2019 5:56 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Walmart Inc., up $1.43 to $101.31 A key sales measure at the world's largest retailer surged past Wall Street forecasts. Iovance Biotherapeutics Inc., up $4.05 to $15.28 The biotechnology company gave investors a solid update on...

Walmart warns that higher tariffs will mean higher prices

May. 16, 2019 4:04 PM EDT

NEW YORK (AP) — Walmart warned on Thursday that higher tariffs on imports from China will mean higher prices. The comments came after the nation's largest retailer reported its best sale performance at its established U.S. namesake stores for the fiscal first quarter in nine years. It marked 19 straight...

1Q Earnings Wrap: When nothing is better

May. 16, 2019 12:20 PM EDT

NEW YORK (AP) — Behold the power of low expectations. Nearly all the companies in the S&P 500 have said how much profit they made in the first three months of the year, and growth looks to be close to nil. That's usually a frightening thing for investors because stock prices tend to follow the path of...

Asian stocks mixed on trade jitters, reported tariff delay

May. 15, 2019 11:26 PM EDT

TOKYO (AP) — Asian shares were mixed Thursday amid worries over trade tensions, leavened by media reports that President Donald Trump may delay a decision on auto tariffs. On Wall Street, a promising update on the Trump administration's efforts to reach a trade deal with Canada and Mexico by Treasury...

Progressive and Coty rise while New Relic and Embraer fall

May. 15, 2019 4:47 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: The Progressive Corp., up $3.86 to $77.50 The insurance company reported a sharp increase in premiums during its most recent quarter and reapproved a stock buyback plan. Tilray Inc., up 16 cents to $48.90 The cannabis company's...

Macy's warns customers could feel impact of trade war

May. 15, 2019 4:06 PM EDT

NEW YORK (AP) — Macy's customers may finally start to feel the impact of President Donald Trump's trade war with China. Like many department stores and general merchandise retailers, Macy's had been left largely unscathed by the first several rounds of tariffs since they focused more on industrial and...

Asian stocks follow Wall Street higher

May. 15, 2019 12:48 AM EDT

BEIJING (AP) — Asian stocks followed Wall Street higher on Wednesday after President Donald Trump downplayed his escalating tariff war with Beijing and said a settlement is possible. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced as investors mulled the likely costs of U.S. and Chinese tariff...

Stocks rebound as hopes rise that trade tensions will ease

May. 10, 2019 5:08 PM EDT

Wall Street capped a turbulent week with a late-day rally Friday after shaking off an early slump triggered by the latest escalation in the trade war between the U.S. and China. The market fell sharply in the early going after the U.S. raised tariffs on $200 billion worth of Chinese goods when negotiators failed...

Symantec and Wynn decline while Zillow and Guardant rise

May. 10, 2019 4:29 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Symantec Corp., down $2.78 to $19.39 The security software maker's CEO abruptly resigned and the company issued a weak profit forecast for the current quarter. Wynn Resorts Ltd., down $6.44 to $129.89 The casino operator reported...