Tag: Earnings reports
AT&T shares rise after Q1 results top analyst estimates
Shares of AT&T Inc. rose Thursday after the telecom giant's first-quarter results topped analyst expectations.
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US aid lifts Southwest to Q1 profit, American loses $1.25B
With a strong push from taxpayers, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, and airlines...
J&J records $100 million in sales from the COVID-19 vaccine
NEW BRUNSWICK, N.J. —
Johnson & Johnson had $100 million...
United Airlines stock plunges after another big loss
Shares of United Airlines tumbled by 8.5% Tuesday after the airline reported a larger first-quarter loss than expected and suggested that key business and...
Chipmaker TSMC says profit up 16.7% as demand revives
TAIPEI, Taiwan — Taiwan Semiconductor Manufacturing Co., the world’s biggest contract manufacturer of processor chips, said Thursday quarterly profit rose 16.7% over a year...
Delta posts $1.2 billion loss says it’s flying into recovery
Delta Air Lines lost $1.2 billion in the first quarter but executives said Thursday that the airline could be profitable by late summer if...
UK supermarket giant Tesco sees profit dented by COVID costs
LONDON — Tesco, Britain's biggest supermarket, said Wednesday its profits slid by a fifth over the past year as higher costs related to the...
Wells Fargo profit jumps to $4.74 billion in first quarter
Wells Fargo & Co. says first-quarter net income jumped to $4.74 billion from $653 million a year earlier, when the pandemic struck the global...
Wells Fargo earned $4.74 billion in Q1, topping estimates
SILVER SPRING, Md. — Wells Fargo had its best quarter in a year and a half, posting a profit of $4.74 billion and freeing...
Banks to see big profits as COVID ‘bad’ loans become ‘good’
NEW YORK — The nation’s largest banks are expected to report big profits for the first quarter amid renewed confidence that pandemic-battered consumers and...
