Tag: Corporate stock
Retailer results so far show people are going out, spending
NEW YORK — At Walmart, sales of teeth whitener are popping as customers take their masks off. So are travel items. Macy's says that...
Streaming landscape shifts with $43B AT&T Discovery deal
NEW YORK — AT&T said Monday it will combine its massive WarnerMedia media assets, which includes HBO and CNN, with Discovery Inc. to create...
Buffett’s firm sells off financials, halves Chevron stake
OMAHA, Neb. — Investor Warren Buffett's company pared back its holdings in financial firms further during the first quarter and also halved its new...
Alibaba records first quarterly operating loss since IPO
HONG KONG — Alibaba had its first quarterly operating loss since it went public in 2014 after Beijing slapped a record $2.8 billion fine...
Meituan’s stock price plunges after CEO posts Chinese poem
SINGAPORE — Shares in Meituan, China’s largest food delivery platform, have tumbled after its CEO posted —and then deleted — an ancient poem in...
Jessica Alba’s Honest Co. soars 44% in stock market debut
NEW YORK — Shares of Honest Co., the diaper and baby-wipe seller founded by actress Jessica Alba, soared 44% in their stock market debut...
Pfizer ups expectations for the year
Pfizer is raising its revenue expectations for the year with a huge roll out of its COVID-19 vaccine as well as strong performances from...
Warren Buffett’s firm reports $12B profit before its meeting
OMAHA, Neb. — Warren Buffett's company reported a nearly $12 billion profit in the first quarter a year after a major loss when the...
Pizza Hut, KFC, Taco Bell sales bounce as restrictions ease
LOUISVILLE, Ken. — Profit for the company that runs Pizza Hut, Taco Bell and KFC restaurants more than tripled during the first quarter and...
Ford posts surprise $3.26B 1Q profit; chip shortage looms
DETROIT — Ford Motor Co. says it made $3.26 billion in the first quarter, helped by rising vehicle prices and in spite of production...