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Earnings
Wells Fargo stock down 7% despite its quarterly earnings beat
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. U.S. stocks advanced Friday as the S & P 500 rebounded from its worst trading…
We are upgrading our rating on Wells Fargo as investors dump stock
We don't like to see guidance misses, but bank interest income estimates depend on interest rates, which Wells Fargo has no real control over.
Read More: We are upgrading our rating on Wells Fargo as investors dump stock
Citigroup (C) earnings Q2 2024
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 second-quarter results that topped expectations…
Delta Air Lines (DAL) earnings Q2 2024
Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its projection fell short of analysts' estimates as carriers discounted fares after expanding flights.In the current…
Wells Fargo (WFC) earnings; CPI, PPI inflation data key in week ahead
Wall Street finished higher for the holiday-shortened trading week, with tech stocks leading the way. The Dow Jones Industrial Average gained under 1% for the week. The S & P 500 and Nasdaq , which both closed at record highs Friday…
Foot Locker leaves our penalty box as CEO Mary Dillon’s revamp takes hold
Foot Locker surged Thursday after its quarterly earnings report showed signs that CEO Mary Dillon's turnaround plan is starting to pay off. The sneaker retailer isn't out of the woods just yet, but we're removing the stock from our…
Constellation delivers on beer, but wine weakness prompts downgrade
Constellation Brands reported an earnings beat on Wednesday that was driven by strength in its beer business. However, shares fell 4% after an initial move up, as investors — including us — remain troubled by continued weakness in the…
Best Buy surges on signs the AI-driven PC and smartphone refresh is
Shares of Best Buy were popping Thursday as management made their case that an artificial intelligence upgrade cycle for personal computers and devices was starting to play out. Revenu e in the company's fiscal 2025 first quarter fell…
Foot Locker (FL) earnings Q1 2024
Foot Locker's turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal first quarter, far better than the 3.1% drop-off that analysts expected, according to StreetAccount. The…
Kohl’s (KSS) earnings Q1 2024
Shoppers walk in front of a Kohl's store in Mount Kisco, New York.Scott Mlyn | CNBCKohl's shares plummeted more than 20% Thursday after the company posted a surprise loss per share, coming in well below Wall Street's expectations for a…