Walt Disney Companies (DIS) Suspends Dividends
I just learned that Disney (DIS) is suspending dividends for the first half of 2020. (Source: CNBC) The quarterly earnings release didn't look good, which is perhaps why the dividend was suspended - the company can.....»»
Earnings Watch: Tech’s trillion-dollar valuations are about to be tested by coronavirus-tainted earnings
Only four U.S. companies have ever been valued at $1 trillion or more without adjusting for inflation, and all four will describe how their businesses have been weathering the COVID-19 pandemic in the coming week......»»
Bank of America profits drop by nearly half in first quarter as industry braces for coronavirus impact
Bank of America Corp. (NYSE: BAC) is the latest bank to take a first-quarter earnings hit as it prepares for the impact of the novel coronavirus. The Charlotte, North Carolina-based bank, the largest in South Florida by deposits, on Wednesday morning.....»»
Starbucks Shares Fall As Q2 Earnings Halve Amid Pandemic
Starbucks Corporation (NASDAQ: SBUX) announced Wednesday that its second-quarter earnings could fall by as much as half, as sales have been negatively impacted by the coronavirus pandemic in the United States and China, its two.....»»
Starbucks Shares Fall 2% As Second Quarter Earnings Halve Amid Pandemic
Starbucks Corporation (NASDAQ: SBUX) announced Wednesday that its second-quarter earnings could fall by as much as half, as sales have been negatively impacted by the coronavirus pandemic in the U read more.....»»
Starbucks Shares Fall 2% As Second Quarter Earnings Halve Amid Pandemic
Starbucks Corporation (NASDAQ: SBUX) announced Wednesday that its second-quarter earnings could fall by as much as half, as sales have been negatively impacted by the coronavirus pandemic in the United States and China, its two.....»»
Starbucks says earnings cut roughly in half due to coronavirus effects
Starbucks Corp. said Wednesday that fiscal second-quarter earnings will be chopped roughly in half from a year ago due to the spread of COVID-19 in China and then the U.S. Starbucks revealed that it expects adjusted earnings of 28 cents to 3.....»»
Starbucks says earnings cut roughly in half due to coronavirus effects in second quarter
Starbucks Corp. said Wednesday that second-quarter earnings will be chopped roughly in half from a year ago due to the spread of COVID-19 in China and then the U.S. Starbucks revealed that it expects adjusted earnings of 28 cents to 3.....»»
Nasdaq CEO hopeful IPOs will pickup again in second half
Nasdaq Inc is hopeful initial public offerings will pick up in the second half of 2020, but much depends on how well companies and investors emerge from the coronavirus pandemic, the head of the exchange operator said on Wednesday......»»
Geely"s Volvo Cars warns virus outbreak to hit 2020 earnings
Sweden's Volvo Car Group, owned by China's Geely, scaled back its guidance for the full year, warning that sales, earnings and cash flow in the first half of 2020 would decline from a year ago as the coronavirus pandemic weighed on its business......»»
TripAdvisor shareholders eye Google, coronavirus ahead of this week"s earnings
When the Needham-based travel metasearch company posts its full-year financials after the market closes on Wednesday, it will come after a year in which the company's shares have been cut in half......»»
The Ratings Game: Nike’s coronavirus-related store closures in China could result in an earnings miss, analysts say
Nike says half of its owned stores have been closed because of the coronavirus......»»
Earnings volatility set to kick in as coronavirus worries mount
Concerns over the outbreak of coronavirus from China have largely overshadowed corporate results, but the back half of the earnings season could hold greater sway over the performance of individual stocks......»»
In Q1 Report, Starbucks Says Closes Over Half of Chinese Stores on Coronavirus Outbreak
Starbucks reported fiscal first-quarter results after markets closed Tuesday. For the quarter, the coffee giant said that it had $0.79 in earnings per share (EPS) and $7.10 billion in revenue, versus........»»
Tariffs, trade tensions worry Fortune 500 CEOs: U.S. Chamber of Commerce
Tariffs and trade tensions are a huge source of worry for U.S. companies, with nearly half of Fortune 500 companies referencing such concerns during last quarter's earnings calls, the U.S. Chamber of Commerce said on Thursday......»»
MarketWatch First Take: Pure Storage blames pricing environment for earnings miss
Pure Storage Inc. joined the group of hardware companies that put a damper on hopes for a second half rebound,blaming a tough pricing environment and slowing economy for its fiscal third quarter earnings shortfall and weaker outlook for the fourth quarter.....»»
It"s Already An Earnings Recession And The Second Half Is Looking Even Worse
After Week 3 of the second quarter earnings season, 217 S&P 500 companies (57% of 2Q earnings) have reported, with ear.....»»
Earnings Watch: Amazon earnings: Top-line growth is in focus for the second half of the year
JPMorgan analysts think Amazon’s revenue will grow during the remainder of 2019 after a string of quarters with record profits......»»
Earnings recession still on track after Q1 reporting season is more than half over
With a little more than half of the S&P 500 companies having reported first-quarter results, earnings are still on track for the first year-over-year decline in nearly three y.....»»
Tumbling banks hold back S&P 500 as earnings season launches
Big profit reports from several banks on Friday reminded markets that already healthy earnings for U.S. companies are climbing even higher, and the S&P 500 rose to put itself on track to close out its best week in a month and a half......»»