BlackBerry quarterly revenue rises 18%
Visitors try out Blackberry smartphones on the first day of the CeBIT 2012 technology trade fair on March 6, 2012 in Hanover, Germany.Sean Gallup | Getty Images News | Getty Images Canada's BlackBerry reported an 18% rise in third-quarter revenue on Friday, …
Nike earnings beat, sales rise, as Jordan brand hits $1 billion
Valentyn Ogirenko | Reuters Nike on Thursday reported quarterly earnings and sales that beat analysts' expectations, as more customers flocked to its stores for limited-edition Jordan sneakers and ordered athletic apparel from its website. The company said its Jordan brand had its …
Conagra Brands beats profit estimates on strong snack, frozen food demand
In the Pinnacle Foods deal, Conagra gained brands such as Birds Eye, Hungry-Man, Aunt Jemima Frozen Breakfast, and Armour brand frozen foods.Daniel Acker | Bloomberg | Getty Images Conagra Brands topped Wall Street quarterly sales and profit estimates on Thursday, helped by …
Micron signals recovery in 2020, says received supply licenses for Huawei
Micron Technology said on Wednesday it expected a recovery in 2020 after a "cyclical bottom" in the second quarter, and that it had received all requested licenses to supply some products to its largest customer, Huawei Technologies. Shares of Micron rose nearly …
General Mills misses quarterly sales estimates
Boxes of General Mills brand cereals are displayed at Scotty's Market on September 20, 2017 in San Rafael, California.Justin Sullivan | Getty Images General Mills' quarterly sales missed Wall Street expectations on Wednesday, as the Cheerios maker was hit by lower demand …
FedEx shares slide after missing earnings expectations, lowering 2020 guidance
VIDEO2:4102:41Donald Broughton: FedEx earnings miss shows weak air freight economyClosing Bell FedEx shares sank nearly 7% in extended trading Tuesday after the shipping giant reported weaker-than-expected earnings in the second quarter and lowered its guidance for the rest of the year. Here's …
Eli Lilly sees higher-than-expected 2020, citing growing demand for its medicines
An Eli Lilly & Co. logo is seen on the cap of a pill bottle in this arranged photograph at a pharmacy in Princeton, Illinois.Daniel Acker | Bloomberg | Getty Images Eli Lilly on Tuesday forecast a higher-than-expected profit for 2020, citing …
Costco quarterly revenue misses estimates on weak e-commerce growth
Costco Wholesale reported lower-than-expected quarterly revenue on Thursday, hit by a slowdown in the number of customers shopping on the warehouse club operator's website. U.S. grocers have become increasingly dependent on their online businesses to drive sales growth as consumers demand the …
Adobe beats revenue, profit estimates for fourth quarter, shares rise
The Adobe Systems Creative Cloud application is displayed on an Apple iPhone in an arranged photograph taken in Tiskilwa, Illinois.Daniel Acker | Bloomberg | Getty Images Adobe beat Wall Street estimates for fourth-quarter revenue and profit on Thursday on higher subscriptions in …
Broadcom’s full-year forecast fails to impress Wall Street, shares down
Broadcom's fourth-quarter earnings beat Street estimates on Thursday, but investors were put off by slowing growth in semiconductor business and a lukewarm revenue forecast for 2020, sending its shares down about 2% in extended trade. The 17-month long trade war between the …
Oracle stock drops as revenue falls short
Oracle Chairman and Chief Technolgoy Officer Larry Ellison delivers a keynote address during the Oracle OpenWorld conference in San Francisco on October 22, 2018.Justin Sullivan | Getty Images Oracle shares moved 3% lower in extended trading on Thursday after the company reported …