Latest Edward Jones News

Walgreens earnings slide as number of vaccinations wane

Jun. 30, 2022 09:40 AM EDT

A big opioid settlement and a COVID-19 vaccine slowdown dragged on third-quarter earnings for Walgreens, but the drugstore chain still topped expectations. Net income slid to $289 million in the quarter that ended May 31, the company said Thursday. That’s down from about $1.2...

Champion LA Rams restock secondary with Hill, 4 DBs in draft

Apr. 30, 2022 21:18 PM EDT

LOS ANGELES (AP) — The Los Angeles Rams won the Super Bowl 2 1/2 months ago despite fielding a secondary that didn't appear to be nearly as good as the previous season's group. The Rams' front office also thought that room could use some upgrades. On the third day of...

Warren Buffett tells shareholders about spending $51 billion

Apr. 30, 2022 18:13 PM EDT

OMAHA, Neb. (AP) — Warren Buffett gave Berkshire Hathaway investors a few details Saturday about how he spent more than $50 billion earlier this year and again reassured them that the company he built will endure long after the 91-year-old billionaire is gone. Tens of thousands of...

Apple delivers strong quarter, but warns of trouble ahead

Apr. 28, 2022 18:30 PM EDT

SAN RAMON, Calif. (AP) — Apple on Thursday reported strong quarterly results despite supply shortages, but warned that its growth slowdown is likely to deepen. The company said it's still struggling to get enough chips to meet demand and contending with COVID-related shutdowns at factories in...

Will Musk’s hands-off ideal for Twitter have broad appeal?

Apr. 26, 2022 19:05 PM EDT

Coming up with $44 billion to buy Twitter was the easy part for Elon Musk. Next comes the real challenge for the world’s richest person: fulfilling his promise to make Twitter “better than ever” as a lightly regulated haven for free speech. His vision for...

Union Pacific rate hikes push railroad's Q1 profit up 22%

Apr. 21, 2022 13:10 PM EDT

OMAHA, Neb. (AP) — Union Pacific hauled in 22% more profit during the first quarter because it charged more and delivered 4% more shipments even as it struggled to clear up congestion along its rail network. The Omaha, Nebraska, railroad said Thursday it earned $1.63 billion, or...

CSX 1Q profit jumps 22% on higher rates despite service woes

Apr. 20, 2022 19:09 PM EDT

OMAHA, Neb. (AP) — CSX railroad struggled to keep up with demand in the first three months of the year but still managed to deliver 22% more profit thanks to higher shipping rates offsetting a slight decline in the number of shipments it handled. The Jacksonville, Florida-based...

Regulators approve CSX's purchase of a regional railroad

Apr. 14, 2022 23:18 PM EDT

JACKSONVILLE, Fla. (AP) — Federal regulators have approved CSX's purchase of Pan Am Railways, a regional railroad in the northeastern United States that will expand CSX's network in New England. The U.S. Surface Transportation Board said Thursday that the deal that was first...

Big bank profits decline as deal-making, mortgages slow

Apr. 14, 2022 11:47 AM EDT

NEW YORK (AP) — Four big banks reported noticeable declines in their first-quarter profits Thursday, as the volatile markets and war in Ukraine caused deal-making to dry up while a slowdown in the housing market meant fewer people sought to get a new mortgage or refinance. The...

Warren Buffett buying spree goes on, HP soars on 11.5% stake

Apr. 07, 2022 18:46 PM EDT

OMAHA, Neb. (AP) — Shares of HP Inc. jumped nearly 15% Thursday after Warren Buffett's company snapped up more than 11% of the printer and computer maker over the past week in another uncharacteristic tech investment from the billionaire. Berkshire Hathaway Inc. said in a filing...