Abbott Laboratories delivered a top and bottom line beat Wednesday and surprised investors by raising its full-year guidance — a show of confidence by the medical device maker not seen in a first quarter since 2016. Revenue for the three months ended March 31 rose slightly more than 2%...
Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California. Justin Sullivan | Getty ImagesShares of Adidas jumped 6.3% on Wednesday after the company unexpectedly raised its full-year guidance and reported a year-on-year profit increase in the first quarter.The German sportswear company said that it...
A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024.Peter Boer | Bloomberg | Getty ImagesShares of ASML on Wednesday fell as the company missed sales forecasts, but stuck to its full-year outlook.ASML's stock was down around 4.5% in early...
Morgan Stanley delivered mostly better-than-expected first-quarter results Tuesday morning — a much-needed report for the bank, whose stock has lagged industry peers and tested our patience. Revenue for the three months ended March 31 increased 4% year over year to $15.14 billion, outpacing expectations of $14.41 billion, according to...
An entry sign to the Johnson & Johnson campus shows their logo in Irvine, California on August 28, 2019.Mark Ralston | AFP | Getty ImagesJohnson & Johnson on Tuesday reported first-quarter adjusted earnings that topped Wall Street's expectations as sales in its medical devices business surged.Meanwhile, the company's total...
Ted Pick, CEO Morgan Stanley, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024.Adam Galici | CNBCMorgan Stanley is set to report first-quarter earnings before the opening bell Tuesday. Here's what Wall Street expects:Earnings: $1.66 a share, according to LSEGRevenue:...
UnitedHealth Group reported better-than-expected revenue in its first-quarter results on Tuesday, though the company is still dealing with the fallout from the cyberattack on its subsidiary Change Healthcare.Here's how the company did:Earnings: $6.91 per share adjusted, which may not compare with the $6.61 expected by analysts, according to LSEG.Revenue:...
Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales might stabilise in the second half of the year despite weak demand for 5G gear.Rafael Henrique | Lightrocket | Getty ImagesEricsson said on Tuesday it expects sales to stabilize in the second...
Dr. Martens is a brand of footwear known for its yellow stitching and patented air-cushioned soles. The brand was adopted by British punk rockers in the 1970s, but went mainstream during the grunge movement of the 1990s.drmartens.comShares of Dr. Martens plunged 30% on Tuesday to hit a record low...
10 things to watch Monday, April 15 The market is trying to rebound from Friday's selloff. Oil is pulling back on hopes that the conflict in the Middle East doesn't escalate further after Iran's attacks on Israel. Despite an uptick in consumer inflation last month, retail sales jumped 0.7%...