Earnings

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

Bank of America CEO: Consumer Spending Results ‘Bodes Well’ For Economic Outlook
Bank of America CEO: Consumer Spending Results ‘Bodes Well’ For Economic Outlook
October 15, 2024  |  Earnings

Interest rate cuts might have been on the mind of the Wall St. analysts gathered for the Bank of America third-quarter earnings call today (Oct....

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PNC Expects Loan Growth After Fed’s Rate Cut
PNC Expects Loan Growth After Fed’s Rate Cut
October 15, 2024  |  Earnings

PNC Financial Services Group said Tuesday (Oct. 15) that it is prepared for lending to pick up after the Federal Reserve cut interest rates in...

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LVMH Warns of ‘Uncertain’ Conditions Amid 3% Drop in Luxury Sales
LVMH Warns of ‘Uncertain’ Conditions Amid 3% Drop in Luxury Sales
October 15, 2024  |  Retail

LVMH saw quarterly sales dip amid an “uncertain economic and geopolitical environment.” The luxury retail giant reported third-quarter earnings that showed a 3% drop in...

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As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
October 15, 2024  |  Earnings

As is always the case when Wall Street heavy hitters weigh in with earnings, the markets and financial trade publications parse the data and management...

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Walgreens Rethinks Role of Pharmacy in Capturing Consumer Sales
Walgreens Rethinks Role of Pharmacy in Capturing Consumer Sales
October 15, 2024  |  Earnings

Walgreens Boots Alliance is undertaking a transformation focused on its retail pharmacy business in response to persistent challenges in the consumer market and pharmacy sector....

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UnitedHealth Commits to ‘Consumerization’ While Managing February’s Ransomware Fallout
UnitedHealth Commits to ‘Consumerization’ While Managing February’s Ransomware Fallout
October 15, 2024  |  Earnings

Cyberattacks can have a long impact, as UnitedHealth’s Tuesday (Oct. 15) earnings call revealed. In February 2024, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack....

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JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
JPMorgan CFO Says Consumer Spend Returning to ‘Normal’
October 11, 2024  |  Earnings

As 2024 draws to a close, and as evidenced by management remarks and data in the latest earnings results from JPMorgan Chase, posted on Friday...

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BNY Clears Path for Cloud-Native Archer Acquisition
BNY Clears Path for Cloud-Native Archer Acquisition
October 11, 2024  |  Earnings

BNY is looking to add managed accounts and alternative and private market investment products as it looks to continue growing. This announcement came as the...

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Delta’s Q3 Earnings Show 7% Growth in Corporate Travel
Delta’s Q3 Earnings Show 7% Growth in Corporate Travel
October 10, 2024  |  Earnings

Delta Air Lines continues to demonstrate resilience in the business travel sector, building on strong performance from previous quarters as it reported third-quarter financial results Thursday...

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