Latest Earnings surprises News

Asian stocks rise in quiet holiday trading

Apr. 18, 2019 11:55 PM EDT

TOKYO (AP) — Asian stock indexes rose moderately in quiet holiday trading on Good Friday as some markets were closed. Japan's benchmark Nikkei 225 edged up 0.5% in early trading to 22,191.98. South Korea's Kospi rose 0.3% to 2,221.1. The Shanghai Composite gained 0.6% to 3,269.59. Some markets remain...

Union Pacific, Canopy move higher but Alcoa, Skechers fall

Apr. 18, 2019 4:50 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Alcoa Corp., down $1.06 to $26.66 Lower prices pushed the aluminum products maker to a first quarter loss and the results fell short of forecasts. United Rentals Inc., up $10.24 to $136 The equipment rental company's first...

Asian stocks sink after Wall Street declines

Apr. 18, 2019 12:36 AM EDT

BEIJING (AP) — Asian stocks fell Thursday after Wall Street declined despite encouraging Chinese economic data. Benchmarks in Shanghai, Tokyo, Seoul and Hong Kong all retreated. Sydney was little-changed. U.S. stocks fell despite data showing growth in China's gross domestic product held steady in the...

PepsiCo and Intel rise while IBM and T-Mobile slip

Apr. 17, 2019 4:26 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday: PepsiCo Inc., up $4.60 to $127.01 Strong sales of its namesake drink helped the beverage company beat first quarter profit and revenue forecasts. Qualcomm Inc., $8.63 to $79.08 The mobile chip maker added to its gains after...

World market mostly rise on encouraging Chinese growth data

Apr. 17, 2019 8:10 AM EDT

TOKYO (AP) — Stock markets were mostly higher Wednesday after news that China's economy grew at a better than expected 6.4% annual pace in the last quarter failed to entice wary investors focused on weaker U.S. corporate earnings. Germany's DAX was up 0.3% at 12,137 and the CAC 40 in France edged 0.2%...

Asian shares edge lower despite encouraging China GDP data

Apr. 16, 2019 11:45 PM EDT

TOKYO (AP) — Major share benchmarks were mostly lower in Asia on Wednesday after China announced its economy grew at a 6.4% annual pace in the last quarter. Japan's Nikkei 225 index gained 0.3% to 22,289.32 and the Shanghai Composite was almost unchanged at 3,252.42. Hong Kong's Hang Seng index fell 0.3%...

United Airlines' profit doubles despite shutdown, 737 woes

Apr. 16, 2019 6:23 PM EDT

DALLAS (AP) — United Airlines said Tuesday that its first-quarter profit doubled to $292 million as it carried more passengers and limited costs other than fuel. The results beat Wall Street expectations for a quarter that began with the partial government shutdown, which dinged travel by federal...

Qualcomm and Progressive jump while Wave Life Sciences drops

Apr. 16, 2019 5:17 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Qualcomm Corp., up $13.27 to $70.45 The mobile chip maker settled a long-running financial dispute with iPhone maker Apple. Johnson & Johnson, up $1.50 to $138.02 The maker of Tylenol and psoriasis drug Stelara reported...

Johnson & Johnson posts strong revenue in 1Q

Apr. 16, 2019 11:30 AM EDT

Lower sales overseas and higher costs for research and litigation pushed Johnson & Johnson's first-quarter profit down 14%, but the health care giant beat profit and revenue expectations, pushing up its shares. The maker of Tylenol and psoriasis drug Stelara on Tuesday said unfavorable currency exchange rates...

Asian shares mixed after lackluster Wall Street session

Apr. 15, 2019 11:02 PM EDT

TOKYO (AP) — Shares were mixed Tuesday in Asia in mostly narrow trading in the absence of any major market-driving news. The Nikkei 225 index added 0.2% to 22,208.70. China's Shanghai Composite index lost 0.6% to 3,158.76 and the Hang Seng index in Hong Kong lost 0.3% to 29,736.05. South Korea's Kospi gave...