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Baker Hughes reports $10 billion loss, revenue miss, as demand sinks
Oilfield firm Baker Hughes Co reported a $10 billion loss and lower-than-expected revenue in the first quarter on Wednesday as an 80% plunge in oil prices crushed demand for services and equipment......»»
Boeing sinks to $3 billion loss on MAX groundings
Boeing Co reported a nearly $3 billion second-quarter loss on Wednesday as the world's largest planemaker struggles with the prolonged grounding of its best-selling 737 MAX jet, sending its shares down 1% in premarket trading......»»
Vingroup"s VinFast Faces Financial Risks Amidst Global Ambitions, With $5.7B Loss Over Past Three Years
Vingroup's VinFast faces financial risks as it expands globally, grappling with a $5.7 billion loss over three years. read more.....»»
Lithia Motors raises $1.8 billion as stock, upsized debt offerings price; stock extends decline
Shares of Lithia Motors Inc. fell 0.8% in premarket trading Thursday, putting them on track for a fourth straight loss, after the auto retailer announced the pricing of its $1 billion stock offering and upsized debt offering. The company raised $1 b.....»»
TJX earnings beat expectations though COVID-related store closures still weigh
TJX Cos. reported fiscal first-quarter net income of $533.9 million, or 44 cents per share, after a loss of $887.5 million, or 74 cents per share, last year. Sales of $10.09 billion were up from $4.41 billion last .....»»
Earnings Results: Airbnb earnings: Sales and bookings show strong growth as travel makes a comeback
Saying "people are ready to travel," Airbnb Inc. on Thursday reported continued resilience in its business, posting higher first-quarter revenue and increased gross bookings than expected, but with a larger-than-expected $1.2 billion loss......»»
Cathie Wood"s Ark Sinks Below $40 Billion As Bloodbath Continues
Cathie Wood's Ark Sinks Below $40 Billion As Bloodbath Continues As tech limps away from its worst market pummeling in months, traders are keeping the.....»»
Blue Origin’s loss to SpaceX on the lunar lander contract may get Congress to do something it hadn’t done before: Give NASA extra money
Sen. Maria Cantwell proposed spending an additional $10 billion on NASA's moon program in a move that calls on the space agency to select a second company to build a lunar lander......»»
Blue Origin’s loss to SpaceX on the lunar lander contract may get Congress to do something it hadn’t done before, give NASA more money
Sen. Maria Cantwell proposed spending an additional $10 billion on NASA's moon program in a move that calls on the space agency to select a second company to build a lunar lander......»»
Return On Capital Employed Overview: NRG Energy
In Q1, NRG Energy (NYSE:NRG) posted sales of $8.09 billion. Earnings were up 461.54%, but NRG Energy still reported an overall loss of $73.00 million. In Q4, NRG Energy brought in $2.03 billion in sales but lost $13.00 million in earnings. read more.....»»
Berkshire Hathaway reports $11.7 billion profit as manufacturing, service, retail recover from pandemic
Berkshire’s net earnings hit $11.7 billion for the first quarter of 2021, up from a $49.7 billion loss a year earlier......»»
Corning expects growth momentum throughout 2021
Corning has reported sales of US$3.3 billion for first-quarter 2021, falling 2% sequentilly but rising 38% on year, with net income soaring 138% sequentially to arrive at US$599 million and swinging back from loss registered in first-quarter 2020......»»
GE posts lower sales, loss on restructuring moves
General Electric’s revenue fell 12% to $17.1 billion, reflecting a 28% decline in its aviation unit and a 9% drop in its healthcare unit after selling off part of the business......»»
American Airlines posts $1.25B loss, delays new jets
American Airlines said Thursday that it lost $1.25 billion in the first quarter and continued to slash costs, including delaying delivery of new jets as it waits for air travel to recover from the pandemic......»»
American Airlines sees signs of hope as it posts $1.25 billion loss, delays new Boeing jets
American Airlines said Thursday that it lost $1.25 billion in the first quarter and continued to slash costs, including delaying delivery of new jets as it .....»»
3,000 bookings for three new overseas flights: United Airlines hopeful as it reports $1.4 billion quarterly loss
United Airlines on Monday announced three new fl.....»»
United loses $1.36 billion as business travel remains weak
Despite federal payroll aid, United Airlines posted a $1.36 billion loss in the first quarter, slightly worse than expected......»»
United stock falls after $1.4B loss as CEO promises a "clear path to profitability"
United kicked off 2021 with a fifth consecutive quarterly loss of $1.4 billion, though the loss narrowed from $1.7 billion a year ago. On an adjusted basis, the company reported a net loss of $2.4 billion......»»
Morgan Stanley books Archegos loss, but profit hits new high
Morgan Stanley's first-quarter profit more than doubled from a year earlier, reporting a profit of $4.1 billion, despite the bank's record performance being offset by Archegos losses......»»
Wells Fargo earnings boosted by release of $1.6 billion in loan loss reserves
Wells Fargo & Co. posted stronger-than-expected profit and revenue for the first quarter, boosted by the release of $1.6 billion in its reserv.....»»