Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

FedEx Sees Shares Slide After Slashing Profit Forecasts

FedEx Sees Shares Slide After Slashing Profit Forecasts
FedEx Sees Shares Slide After Slashing Profit Forecasts
December 18, 2019  |  Earnings

FedEx saw a drop in its shares during after-hours trading in New York on Tuesday (Dec. 17), with shares dipping 6.5 percent to $152.62. The...

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Amazon Nixes FedEx Ground For Prime Deliveries
Amazon Nixes FedEx Ground For Prime Deliveries
December 16, 2019  |  Amazon Delivery

Amid the Christmas shipping frenzy, Amazon told sellers that they can no longer use FedEx Ground for Prime shipments due to unpredictable service, the Wall...

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Costco Sees Sales Boost Amid Brick-and-Mortar Focus
Costco Sees Sales Boost Amid Brick-and-Mortar Focus
December 13, 2019  |  Retail

Costco, the big-box membership retail store, has seen its sales continuously rise throughout the holiday season, according to a report by The Wall Street Journal....

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Discounts, Lower Same-Store Sales Hit Hudson’s Bay Results
Discounts, Lower Same-Store Sales Hit Hudson’s Bay Results
December 10, 2019  |  Retail

The latest results of the department store operator Hudson’s Bay Company showed the impact of discounts at its Saks Fifth Avenue operations, along with lower...

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Moody’s Predicts Bleak Outlook For Department Stores
Moody’s Predicts Bleak Outlook For Department Stores
December 10, 2019  |  Earnings

As 2019 winds down, Moody’s and Goldman Sachs predict a weak outlook for department stores, CNBC reported on Monday (Dec. 9). Get the Full Story...

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Piper Jaffray Analysts Bullish On Facebook
Piper Jaffray Analysts Bullish On Facebook
December 03, 2019  |  Investments

Piper Jaffray analysts gave Facebook a bullish initiation and overweight rating, citing the social media giant’s finesse in handling bad press while at the same...

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JPMC: CEOs Lack Confidence In 2020 Earnings Growth
JPMC: CEOs Lack Confidence In 2020 Earnings Growth
November 28, 2019  |  Earnings

One JPMorgan Chase executive says that CEOs are a bit nervous about earnings growth next year. Get the Full Story Complete the form to unlock...

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OYO May Not See Profits In China, India Until 2022
OYO May Not See Profits In China, India Until 2022
November 25, 2019  |  Startups

India-based OYO has filed a valuation report with India’s ministry of corporate affairs indicating that the company did not expect to turn a profit until 2022,...

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Gap Inc Comp Sales Drop 4 Pct, Athleta Reports Nearly 5 Pct Of Online Sales From BOPIS
Gap Inc Comp Sales Drop 4 Pct, Athleta Reports Nearly 5 Pct Of Online Sales...
November 22, 2019  |  Earnings

In the wake of the departure of former CEO Art Peck amid sluggish sales, Gap Inc. reported that fiscal year 2019 comparable sales were down 4 percent versus flat last...

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