Barclays Turns in Yet Another Sluggish Quarter; Likely to Lower Fair Value Estimate

Barclays benefited from a more positive economic outlook, strong investment bank performance and smaller reserves for bad loans as COVID-19 subsides. REUTERS/Simon Dawson Barclays' first-quarter profit .....»»

Bausch Health Companies Inc. reported Wednesday a narrower fourth-quarter net loss and revenue t.....»»

Barclays PLC (NYSE: BCS) has seen a sharp decline in its first-quarter net profit while having to take a credit impairment charge of $2.62 billion reflecting the bank’s initial estimate regarding the impact of COVID-19. read more.....»»

Shares of Southwest Airlines Co. swung to a 0.7% loss in premarket trading Tuesday, erasing earlier gains seen in the wake of first-quarter results, after the air carrier announced a public offeri.....»»

Asset-light third-party logistics provider Landstar System Inc. (NASDAQ: LSTR) on Wednesday reported first-quarter 2020 earnings per share of $1.04, modestly lower than the consensus estimate of $1.1.....»»

Asset-light third-party logistics provider Landstar System Inc. (NASDAQ: LSTR) on Wednesday reported first-quarter 2020 earnings per share of $1.04, modestly lower than the consensus estimate of $1.10 and well off the year-ago report of $1.58. read more.....»»

The annual Social Security cost-of-living adjustment may only be 0.8%, according to one early estimate based on first quarter data......»»

Iowa-based truckload (TL) carrier Heartland Express, Inc. (NASDAQ: HTLD) generated better than expected results during the first quarter of 2020. The carrier's $0.16 earnings per share was $0.03 ahead of the consensus estimate.   read more.....»»

Twilio (NYSE: TWLO) reported fourth-quarter earnings of 4 cents per share on Wednesday, which beat the analyst consensus estimate of 1 cent. This is unchanged from the.....»»

Macy's (NYSE: M) announced on Tuesday it sees fourth-quarter sales at $8.3 billion versus the $8.34 billion estimate, and comps at co-owned locations down 0.6%. 0 read more.....»»

Snap (NYSE: SNAP) reported fourth-quarter earnings of 3 cents per share on Tuesday, which beat the analyst consensus estimate of 1 cent. .....»»

Alphabet Inc. (NASDAQ: GOOGL)(NASDAQ: GOOG) shares are trading lower after the company reported fourth-quarter earnings on Monday. Alphabet reported quarterly earnings of $15.35 per share, which beat the analyst consensus estimate of $12.53. This.....»»

Netflix Inc missed Wall Street subscriber forecasts for the first quarter Tuesday, amid pressure from lower-cost services from Walt Disney Co and Apple Inc in the streaming video wars......»»

Netflix Inc added more paying subscribers than Wall Street expected in the fourth quarter as it faced new competition from lower-cost services from Walt Disney Co and Apple Inc for the first time in the streaming video wars......»»

Wells Fargo (NYSE: WFC) reported adjusted fourth-quarter earnings of 93 per cents share, which missed the analyst consensus estimate of.....»»

Shares of Aphria Inc. slumped 4.8% in premarket trading, reversing an earlier gain of as much as 7.3%, after the Canada-based cannabis company reported fiscal second-quarter losses that were in line with expectations and revenue that missed expectations,.....»»

Cronos Group kicked off the September quarter earnings season for the cannabis sector on Tuesday with a report showing a profit driven by a one-time gain and lower-than-expected revenue......»»

The U.S. Treasury Department said Monday it expects to borrow $352 billion in the fourth quarter, which is $29 billion lower than previously estimated. The decline was driven by a larger cash balance at the beginning of t.....»»

Amazon.com, Inc. (NASDAQ: AMZN) posted mixed third-quarter results Thursday, with the e-commerce platform reporting earnings of $4.23 per share, missing a $4.60 Street estimate, and sales of $69.98 billion that beat a $68.79-billion estimate. read more.....»»

Despite a lower operating ratio and higher revenue and net profits in the third quarter, Canadian National Railway (NYSE: CNI) said it plans to lower its guidance for 2019 amid sluggish rail volumes and a softer North American economic outlook. read more.....»»