Latest Earnings surprises News

Coca-Cola, Schlumberger advance while J&J, Gildan retreat

Oct. 18, 2019 4:53 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. Coca-Cola Co., up 99 cents to $54.78 The world's largest beverage maker reported improved sales of Coca-Cola Zero Sugar and other products that helped it beat analysts' third-quarter revenue forecasts. Intuitive Surgical Inc., up...

Asian shares fall back after China reports economy weakened

Oct. 18, 2019 12:00 AM EDT

BANGKOK (AP) — Share prices retreated in Asia after China reported Friday that its economy grew at an annual rate of 6.0% in the latest quarter. The Shanghai Composite index gave up early gains, losing 0.6% to 2,960.55 while Hong Kong's Hang Seng shed 0.2% to 26,800.24. Australia's S&P ASX 200 declined...

Netflix and Alcoa post gains while IBM and Textron decline

Oct. 17, 2019 4:37 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday. Netflix Inc., up $7.07 to $293.35 The streaming video and entertainment company handily beat Wall Street's third-quarter profit forecasts. International Business Machines Corp., down $7.85 to $134.26 The technology company's...

Asian shares mixed on caution over China-US trade deal

Oct. 17, 2019 1:01 AM EDT

BANGKOK (AP) — Asian shares were mixed Thursday after officials signaled work remains to be done on an agreement for a truce in the tariff war between the U.S. and China. Hong Kong led regional gains after its chief executive, Carrie Lam, announced help for the property sector. The semi-autonomous city's...

Bank of America, United Airlines gain while MGM, Adobe slip

Oct. 16, 2019 4:57 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday. Bank of America Corp., up 44 cents to $30.17 The bank reported surprisingly good third-quarter profit and revenue on gains from its consumer banking and investment management businesses. Cardinal Health Inc., up $1.17 to $49.07...

Markets Right Now: Stocks close mostly lower on Wall Street

Oct. 16, 2019 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing mostly lower on Wall Street as losses for technology and energy companies offset gains in other sectors. Salesforce.com slumped 3.8% Wednesday and Exxon Mobil gave up 1.7%. Homebuilders benefited...

Asian shares rise after Wall Street gain on solid earnings

Oct. 15, 2019 10:43 PM EDT

TOKYO (AP) — Asian shares were higher Wednesday after a gain on Wall Street boosted by healthy earnings reports from U.S. companies. Japan's benchmark Nikkei 225 rose 1.6% in morning trading to 22,554.05, while Australia's S&P/ASX 200 gained 1.0% to 6,720.10, while South Korea's Kospi added 0.6% to...

United Airlines posts $1 billion profit on summer travel

Oct. 15, 2019 5:25 PM EDT

DALLAS (AP) — Cheaper jet fuel and slightly higher fares helped United Airlines boost third-quarter profit 23% to $1 billion. The results released Tuesday were better than Wall Street expected, and United raised its forecast of full-year profit. United indicated that demand for leisure and business travel...

JPMorgan, J&J rise; American Tower, Whiting Petroleum fall

Oct. 15, 2019 4:37 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday. UnitedHealth Group Inc., up $18 to $238.59 The nation's largest health insurance company raised its profit forecast after beating Wall Street's third-quarter financial expectations. Johnson & Johnson, up $2.12 to $132.84 The...

UnitedHealth hikes annual forecast, offers glimpse into 2020

Oct. 15, 2019 12:50 PM EDT

UnitedHealth Group raised its 2019 forecast and detailed another better-than-expected quarter Tuesday, but shares soared after company leaders mentioned next year's growth prospects. CEO David Wichmann told analysts it would be "reasonable and prudent" for them to set initial expectations for core operating...