Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Luxury Brand Brunello Cucinelli Grows Sales Despite Inflation
Luxury Brand Brunello Cucinelli Grows Sales Despite Inflation
April 19, 2023  |  Retail

In the first quarter of the year, Italian luxury group Brunello Cucinelli, most renowned for its cashmere apparel, witnessed sales growth of 33% at constant...

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Netflix Sees Paid Sharing as Way to Build Relationships With New Subscribers
Netflix Sees Paid Sharing as Way to Build Relationships With New Subscribers
April 18, 2023  |  Earnings

With a nod to new consumer sentiments about subscriptions, Netflix is focusing more on adding value for current subscribers while at the same time better...

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Main Street Push Dims as Goldman Books Loss on Marcus Loan Sale
Main Street Push Dims as Goldman Books Loss on Marcus Loan Sale
April 18, 2023  |  Earnings

Goldman’s Main Street push is receding a bit further into memory. By booking a $470 million loss on the partial sale of its book of...

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Bank of America’s Erica Use More Than Triples Since 2020
Bank of America’s Erica Use More Than Triples Since 2020
April 18, 2023  |  Earnings

Despite last month’s turmoil in the banking sector, Wall Street can finally exhale. This, as Bank of America (BofA) CEO Brian Moynihan told investors on...

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Johnson & Johnson Focuses on Robotic Surgery as Elective Procedures Climb
Johnson & Johnson Focuses on Robotic Surgery as Elective Procedures Climb
April 18, 2023  |  Earnings

As Johnson & Johnson readies for the separation of its consumer health division later this year into the consumer-focused company called Kenvue, the healthcare giant’s...

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What Macro Challenges? S&P 500 Firms Trounce First Quarter Estimates
What Macro Challenges? S&P 500 Firms Trounce First Quarter Estimates
April 17, 2023  |  Earnings

Big banks are kicking off earning season in style. This despite a first quarter 2023 that was anything but sedate, with the collapses of Silicon...

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CE 100 Stock Index Inches Up 0.6% as Bank Earnings Roll In 
CE 100 Stock Index Inches Up 0.6% as Bank Earnings Roll In 
April 17, 2023  |  Connected Economy

Earnings season is here. And as is always the case, big banks kicked things off. The CE 100 Index gained a scant 0.63% through last...

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UnitedHealth Group and Optum See Growth of In-Home Care Trend
UnitedHealth Group and Optum See Growth of In-Home Care Trend
April 14, 2023  |  Healthcare

As the health insurance ecosystem deals with the May ending of COVID emergency measures that will redetermine coverage for millions, UnitedHealthcare and its Optum unit...

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JPMorgan: Consumers Continue to Spend, but ‘Storm Clouds’ Loom 
JPMorgan: Consumers Continue to Spend, but ‘Storm Clouds’ Loom 
April 14, 2023  |  Earnings

Consumers continue to wield their debit and credit cards online and at the register. But the storm clouds, to use JPMorgan Chase CEO Jamie Dimon’s...

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