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Boeing to delay 777X again as it posts record annual loss

The coronavirus crisis has exacerbated a drop in demand for the industry's largest jetliners, with airline customers shunning deliveries of planes due to international travel restrictions, hurting cash flow at the U.S. planemaker......»»

Category: topSource: foxnewsJan 27th, 2021

Disney’s dismal earnings show huge impact of coronavirus on entertainment industry

The country’s biggest entertainment company saw operating income drop 37 percent in the quarter ending March 31, as the effects of the pandemic began to spread......»»

Category: dealsSource: nytMay 5th, 2020

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.....»»

Category: topSource: bizjournalsApr 16th, 2020

Bank of America profits drop in first quarter as industry braces for COVID-19

Charlotte's 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 bank on Wednesday morning reported net income of $4 billion, or 40 cents per diluted.....»»

Category: topSource: bizjournalsApr 15th, 2020

Deep Dive: Bank earnings preview: As industry profits get cut in half, the winners will emerge next year

What really matters is how well a lender can fare during a depression-level drought......»»

Category: topSource: marketwatchApr 7th, 2020

Airlines Continue To Rationalize Networks Amid Collapse In Travel

American Airlines Group, Inc. (NASDAQ: AAL) and British Airways announced Thursday they will cut passenger capacity deeper and further as the leading airline industry group published figures showing a steep drop in February traffic.  read more.....»»

Category: blogSource: benzingaApr 3rd, 2020

The U.S. weighs the grim math of death vs. the economy

Hollstadt Consulting CEO Molly Jungbauer has had to let go 30 of the 150 employees at her St. Paul, Minnesota firm to weather the drop in revenue from travel industry clients because of the coronavirus......»»

Category: topSource: reutersMar 30th, 2020

Banks made $233.1 billion in profits in 2019, regulator says

Lower interest rates led to a slight decline in earnings, the first time the banking industry saw a full-year drop in profits since 2013......»»

Category: topSource: washpostFeb 25th, 2020

Big Chip Q3 Earnings Preview: Intel Could Win On Muted Expectations, AMD Makes Inroads

Tech reporting season has kicked in, with several high-profile companies reporting this week. Semiconductor and semi equipment companies are expected to report a 30% year-over-year drop in earnings this quarter, according to estimates compiled .....»»

Category: blogSource: benzingaOct 24th, 2019

Nvidia Analysts Preview Q2 Earnings: A Challenging Near Term, But Out Years Hold Promise

Chip stocks are being hit by the double whammy of trade tensions and a lackluster semiconductor industry cycle, although some in the sector did manage to report f.....»»

Category: blogSource: benzingaAug 14th, 2019

Big Chip Q1 Earnings Preview: A Focus On Industry Downturn, Product Delays, Competitive Dynamics, New Tech

Corporate profit expectations for the first quarter are muted, with most analysts bracing for S&P 500 profits to decline for the first time since the second quarter of 2016. Semiconductor and semiconductor equipmen.....»»

Category: earningsSource: benzingaApr 25th, 2019

Big Chip Q1 Earnings Preview: A Focus On Industry Downturn, Product Delays, Competitive Dynamics, New Tech

Corporate profit expectations for the first quarter are muted, with most analysts bracing for S&P 500 profits to decline for the first time since the second .....»»

Category: blogSource: benzingaApr 25th, 2019

Expedia Will Be The Online Travel Space"s Outperformer This Earnings Season, Analyst Says In Preview

With the online travel sector on deck to report earnings, D.A. Davidson is holding a bullish stance on just one of the stocks: Expedia Group Inc (NASDAQ: EXPE). The Analyst D.A. Davidson's Tom White: Latest Rati.....»»

Category: blogSource: benzingaApr 24th, 2018

Stock futures drop on disappointing earnings, trade tensions

Disappointing earnings from eBay and American Express pushed U.S. stock index futures lower on Thursday, while trade tensions rose on news the European Union is preparing to retaliate if United States slaps tariffs on EU cars......»»

Category: topSource: reutersJul 19th, 2018

Netflix Earnings Preview and Results from MS, TSM, FAST, & PPG

Ryan McQueeney recaps earnings results from industry bellwethers Morgan Stanley, Taiwan Semi, Fastenal, and PPG. Later, he previews the upcoming earnings report of video streaming giant Netflix. .....»»

Category: smallbizSource: nytJan 17th, 2019

The Ratings Game: Western Digital stock rallies, and brings Micron along for the ride

Western Digital Corp. shares rallied Friday following a drop late Thursday as the data storage device company reported an earnings miss and cut its outlook but provided a light at the end of the tunnel for the memory-chip industry......»»

Category: topSource: marketwatchJan 27th, 2019

January Payrolls Preview: 100 Straight Months Of Job Creation

Tomorrow at 830am, the BLS is expected to announce that in January the US added 165k payrolls, a sharp drop from December's 312K, while both average hourly earnings and unemployment are expected to remain unchanged at 3.2% and 3.9%.....»»

Category: blogSource: zerohedgeFeb 1st, 2019

Sabre beats profit expectations, but revenue comes up short

Shares of Sabre Corp. were indicated down about 2% in premarket trade Tuesday, after the technology provider to the travel industry reported fourth-quarter earnings that topped expectations but sales that missed and provided a downbeat outlook.....»»

Category: topSource: marketwatchFeb 12th, 2019

United Airlines Q1 Earnings Preview: Analyst Estimates, Safety Concerns, Underperformance To Delta — Key Items To Watch

An earnings preview for United Airlines with key items to watch in the upcoming first quarter financial results. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Stock market today: US stocks drop as investors digest first batch of bank earnings

"There seems to be a large number of persistent inflationary pressures, which may likely continue," Jamie Dimon said. Traders look on after trading was halted on the floor of the New York Stock Exchange (NYSE) in New Y.....»»

Category: worldSource: nytApr 12th, 2024