Latest Earnings surprises News

Ulta, ConocoPhillips post gains while Yext, PagerDuty slip

Dec. 6, 2019 4:24 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: DocuSign Inc., up $6.07 to $75.57 The provider of electronic signature technology handily beat Wall Street's third-quarter profit forecast. Cloudera Inc., up 87 cents to $10.88 The cloud-computing company's third-quarter earnings...

Nordstrom and Gap gain while Tesla and Pure Storage slide

Nov. 22, 2019 4:47 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Nordstrom Inc., up $3.63 to $37.95 The high-end retailer reported earnings that blew past Wall Street analysts' forecasts. Tesla Inc., down $21.79 to $333.04 Investors had concerns about the company's entry into the highly...

Gap’s interim CEO promises to address ‘operational issues’

Nov. 21, 2019 6:02 PM EST

NEW YORK (AP) — Two weeks after Gap Inc. ousted its CEO Art Peck, the company’s interim leader promised investors it would address “operational issues” that have been dragging down the retailer. The comments from Robert J. Fisher came as the San Francisco-based clothing chain released...

Markets Right Now: Trade worries send stock indexes lower

Nov. 20, 2019 4:09 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 as investors worry that the U.S. and China may not reach a trade deal this year. Technology and communications stocks helped pull the market lower Wednesday. Analog Devices, a...

Walt Disney, Monster Beverage advance; Gap, Teradata slide

Nov. 8, 2019 4:31 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: Walt Disney Co., up $5 to $137.96 The entertainment company handily beat analysts' fiscal fourth-quarter profit forecasts on strong revenue from films including the "The Lion King". Gap Inc., down $1.38 to $16.68 The retailer...

'The Lion King,' 'Toy Story 4' help boost Disney's profit

Nov. 7, 2019 5:42 PM EST

NEW YORK (AP) — Walt Disney Co. on Thursday reported fiscal fourth-quarter net income that beat Wall Street's expectations thanks to strong theater revenue from films like "The Lion King" and "Toy Story 4," along with higher parks revenue. The results came as Disney readies for the debut Tuesday of its...

Qualcomm, SeaWorld rise; Expedia, Party City fall

Nov. 7, 2019 5:14 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday: Qualcomm Inc., up $5.35 to $89.98 The chipmaker's fiscal fourth-quarter profit and revenue beat Wall Street forecasts. Square Inc., up $3.07 to $64.41 The mobile payments services provider beat Wall Street's third-quarter profit...

Markets Right Now: Stocks hold on to most of the day's gains

Nov. 7, 2019 4:18 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are ending higher on Wall Street following hopes that China and the U.S. are getting closer to a trade deal. The Dow Jones industrials and the S&P 500 ended at record highs again Thursday, but they would...

Xerox and Chegg gain while Shake Shack and Myriad retreat

Nov. 5, 2019 4:43 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Adobe Inc., up $11.79 to $289.29 The software maker gave investors a surprisingly strong profit forecast for its 2020 fiscal year. Occidental Petroleum Corp., down $2.32 to $41.91 The oil and gas exploration company's...

Under Armour's strong numbers drowned out by investigation

Nov. 4, 2019 1:02 PM EST

BALTIMORE (AP) — A strong quarter from Under Armour was overshadowed by federal investigations into the company's accounting practices. The company also lowered its revenue expectations for the year Monday. The probe, first reported by The Wall Street Journal, is seeking information that would reveal...