Latest Earnings estimates News

Asian shares mostly lower as investors watch trade talks

Feb. 21, 2019 9:12 PM EST

TOKYO (AP) — Asian shares were mostly lower Friday after a slide on Wall Street as investors nervously watched the U.S.-China trade talks in Washington. Japan's benchmark Nikkei 225 slipped 0.5 percent to 21,368.54 in morning trading. Australia's S&P/ASX 200 gained 0.5 percent to 6,170.30. South...

Caesars offers few clues on state of talks with Carl Icahn

Feb. 21, 2019 8:54 PM EST

LAS VEGAS (AP) — Caesars Entertainment Corp. gave few clues Thursday as to the status of its talks with billionaire Carl Icahn, who has taken a large stake in the casino giant and says he wants fundamental changes in the company. In a conference call following Caesars' fourth-quarter earnings report,...

Markets Right Now: S&P 500 breaks a 3-day winning streak

Feb. 21, 2019 4:10 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing lower on Wall Street, breaking a three-day winning streak for the S&P 500. The modest decline in the benchmark index Thursday marked only the fourth loss this month. The losses were broad, with...

Domino's shares tumble on lower-than-expected sales growth

Feb. 21, 2019 12:05 PM EST

ANN ARBOR, Mich. (AP) — Domino's Pizza shares tumbled Thursday after the company's same-store sales growth fell short of expectations in the U.S. and abroad. Ann Arbor-based Domino's said sales at established U.S. stores grew 5.6 percent in the fourth quarter, its 31st consecutive quarter of positive...

Asian stocks change little ahead of more US-China talks

Feb. 20, 2019 11:22 PM EST

BEIJING (AP) — Asian stock markets were little-changed Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. Tokyo's Nikkei 225 index lost 0.1 percent to 21,402.69 after a gauge of manufacturing activity fell to a three-year low, suggesting...

Garmin and La-Z-Boy rise while CVS and Southwest tumble

Feb. 20, 2019 4:56 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: Garmin Ltd., up $12.09 to $83.06 Higher demand for fitness trackers and navigation devices pushed profit and forecasts beyond Wall Street's expectations. Owens & Minor Inc., down $1.39 to $6.55 The medical supply...

Markets Right Now: US stocks edge higher, extending gains

Feb. 20, 2019 4:07 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing modestly higher on Wall Street, extending the market's gains from a day earlier. Gains in technology, materials and energy companies Wednesday outweighed losses in health care and real estate...

Trouble at CVS Health long-term care business weighs heavily

Feb. 20, 2019 12:45 PM EST

CVS Health is setting 2019 earnings expectations well below Wall Street forecasts, as the company struggles to fix part of its business while blending in a major acquisition and attempting to change how customers use its stores. The drugstore chain and pharmacy benefit manager also is dealing with industry-wide...

Asian shares mostly higher, extending Wall St advance

Feb. 19, 2019 11:03 PM EST

BANGKOK (AP) — Shares were mostly higher in Asia on Wednesday after a modestly high finish on Wall Street that extended the market's gains into a fourth week. The Nikkei 225 index rose 0.6 percent despite news that Japan's exports sank 8.4 percent in January from a year earlier, far more than forecast....

Walmart flexes in the fourth quarter, beats all expectations

Feb. 19, 2019 3:15 PM EST

NEW YORK (AP) — Walmart defied a gloomy government retail sales report for December, delivering fiscal fourth-quarter profits and sales that beat Wall Street expectations. The world's largest retailer also enjoyed another quarter of surging e-commerce sales during the critical holiday period as it expanded...