The results come as Pfizer tries to regain its footing after the rapid
AT&T Inc. beat analysts' estimates for profit in the first quarter as it added more wireless phone customers than expected.
AT&T Inc. beat analysts' estimates for profit in the first quarter as it
Spotify reported first quarter earnings before the bell on Tuesday. Here's
3M said its dividend payout ratio is expected to be 40% of adjusted free cash flow, with a potential to increase over time following the spin off of its healthcare business. The company has benefited from steady price increases across categories, which have helped it offset inflation and slow demand in its electronics business. "We improved performance in our businesses through strong operational execution, completed the spin-off of Solventum, and finalized two major legal settlements,"...
Google's parent Alphabet on Thursday trounced revenue and profit expectations for the first quarter of this year, causing shares to leap more than 12 percent. Alphabet reported profit of $23.7 billion on revenue of $80.5 billion, crediting growth in cloud computing, YouTube, and online search advertising. Alphabet chief executive Sundar
Ford Motor Co., rapidly retooling its electric vehicle strategy in a decelerating market for plug-ins, posted first-quarter results that beat expectations on strong sales of work trucks.
PepsiCo beat quarterly earnings and revenue estimates. Volume and sales
PepsiCo Inc.'s sales beat Wall Street expectations in the first quarter
UPS reported a 3.2% decline in average daily volumes in its domestic segment and a 5.8% drop in its international segment, but said volumes "showed improvement through the quarter". "Revenue in both major businesses, U.S. Domestic and International, fell short of expectations," said Jonathan Chappell, equity analyst at Evercore ISI, in a research note.
Netflix's victory lap as the leader in streaming continued Thursday, as the company said it increased its subscriber base by 9.3 million to nearly 270 million in the first quarter. Revenue was up 15% to $9.37 billion in the first quarter, the Los Gatos, Calif., streamer reported. Net income was $2.3 billion, compared with $1.3 billion in the same period in 2023. The company beat Wall Street's estimates on revenue, subscriber additions and net income. Analysts on average had projected that...
Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share. Just three months ago, Alphabet's Big Tech rival, Meta Platforms, announced its own first-ever dividend, a move that lifted the social media...