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Wells Fargo beats expectations with $6 billion profit in 2Q

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SILVER SPRING, Md. — Wells Fargo had its most profitable quarter in two years, easily beating Wall Street estimates as the global economy continues...

Citigroup profits soar due to fewer bad loans

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NEW YORK — Citigroup profits jumped more than five fold from a year earlier, helped by an improving economy that resulted in fewer bad...

American Airlines forecasts better-than-expected 2Q results

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FORT WORTH, Texas — American Airlines said Tuesday it expects to report roughly break-even results for the second quarter thanks to $1.4 billion in...

American Airlines forecasts better-than-expected 2Q results

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FORT WORTH, Texas — American Airlines said Tuesday it expects to report roughly break-even results for the second quarter thanks to $1.4 billion in...

Earnings boom is expected a year after pandemic-driven skid

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LOS ANGELES — Wall Street is gearing up for a slew of blockbuster earnings over the next few weeks as companies issue their results...

Nike shares surge premarket on N. American sales, outlook

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Nike's shares are soaring before the opening bell Friday, as the footwear and clothing company posted record fiscal fourth-quarter sales in North America and...

GM raises forecast, says chip shortage not as bad as feared

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DETROIT — General Motors says efforts to manage the global computer chip shortage have worked better than expected, so it's financial results will improve...

Disney Q2 revenue drops on continued weakness in parks

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NEW YORK — Disney second-quarter revenue dropped as the pandemic continued to weigh on its parks and theme parks. But net income beat expectations...

Streaming revenue boosts ViacomCBS Q1 results

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ViacomCBS's first-quarter net income beat expectations on strong streaming revenue during a quarter when the company aired the Super Bowl and introduced its rebranded...

Nokia profit soars on buoyant sales for 5G technology

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HELSINKI — Wireless network maker Nokia on Thursday reported substantially improved, better than expected first-quarter profit on buoyant sales of its new generation 5G...