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%...
The Freetrade logo on a smartphone screen.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesBritish stock trading app Freetrade hit eked out breakeven earlier this year, the company told CNBC, marking its first-ever move into the black after incurring full-year losses in 2023.Freetrade reported adjusted earnings before interest,...
First-quarter corporate earnings kick into high gear this week with some of the biggest U.S. banks and the leading streaming company slated to report. More than 35 S & P 500 companies are on deck to post their latest quarterly figures, including Goldman Sachs, Bank of America and Morgan...
Wells Fargo reported better-than-expected earnings results on Friday, but some weakness under the hood is putting a lid on the bank's stock. Stay the course: Shares should move higher as management continues to shake off regulatory punishments for past misdeeds. Total revenue for the three months ended Mar. 31...
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty ImagesCitigroup on Friday posted first-quarter revenue that topped analysts' estimates, helped by better-than-expected results in the bank's investment banking and trading operations. Here's...
A woman walks past Wells Fargo bank in New York City, U.S., March 17, 2020.Jeenah Moon | ReutersWells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest income.Here's how the company performed compared with what Wall Street was anticipating,...
Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC's "Squawk Box" at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024.Adam Galici | CNBCJPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday.Here's what Wall Street expects:Earnings: $4.11 a share,...