Procter & Gamble shares were down sharply early in Friday's session after the consumer products giant reported a mixed quarter. We viewed the action as a bit of profit-taking — and not a reflection of the results. The stock entered the session on a four-day winning streak while the...
Omar Marques/SOPA Images | LightRocket | Getty ImagesFinnish telecom gear maker Nokia reported a smaller-than-expected rise in quarterly profit on Thursday as sluggish demand for 5G gear in key markets North America and India continued to weigh on sales."This will still be a weak year, for the mobile RAN...
The facade of Norway's central bank, also known as Norges Bank, in Oslo, Norway.Bloomberg | Bloomberg | Getty ImagesNorway's giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($109.9 billion), supported by robust returns on its investments in technology stocks."Our equity investments had a very...
A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP)Amber Wang | Afp | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the first...
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:...