In this article BIIB Aduhelm by Biogen Source: Biogen Biogen‘s Alzheimer’s drug, Adhulem, generated $2 million in revenue in the first few weeks of its approval, the company said Thursday in releasing its second-quarter earnings along with an open letter about the controversial drug. Biogen upped its revenue guidance for the year, saying it now
Earnings
In this article AAL LUV An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines on Thursday posted a profit for the second quarter, getting a lift from federal aid and a surge in travel demand. The Fort Worth-based carrier reported net
In this article INTC Intel shares fell 2% after CEO Pat Gelsinger’s second earnings report at the helm of the American chip giant as investors assessed cautionary guidance on margins in the current quarter. Intel reported revenue and earnings per share that beat both the company’s own forecast as well as Wall Street expectations, attributing
CEO of Snap Inc. Evan Spiegel walks to a morning session at the Allen & Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Snap‘s stock rose more than 13% on Thursday after the company reported its second-quarter earnings, beating expectations across the board for earnings, revenue
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Twitter shares rose as much as 9% in extended trading
In this article Employees garnish pizza inside a Domino’s Pizza location. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported that its U.S. same-store sales climbed 3.5% in its latest quarter, despite tough comparisons to its skyrocketing sales during lockdowns last year. Shares of the company rose more than 1% in premarket
In this article JNJ In this photo illustration a Johnson & Johnson logo is seen in front of a medical syringe and a vial with coronavirus vaccine. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Johnson & Johnson said Wednesday it expects to sell $2.5 billion of its Covid-19 vaccine, even as concerns
In this article KO A shopper scans a case of Coca-Cola Co. soft drinks at a store in Orem, Utah, U.S., on Tuesday, Feb. 9, 2021. George Frey | Bloomberg | Getty Images Coca-Cola is expected to report its second-quarter results before the bell on Wednesday. Here’s what Wall Street analysts surveyed by Refinitiv are
In this article CMG A person wearing a protective mask and gloves exits a Chipotle restaurant in San Francisco, California, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill will report its second-quarter results after the bell on Tuesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings
In this article NFLX Co-CEO of Netflix Reed Hastings (R) and CEO of Nubank David Velez walk together at the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix is set to report second-quarter earnings after the bell on Tuesday. Here are the key
In this article IBM Wired senior staff writer Cade Metz and Arvind Krishna, IBM CEO and then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired | Getty Images IBM shares rose 3% in extended trading on Monday
In this article DAL A Delta Air Lines Boeing 737 approaching LAX for landing. Angel Di Bilio | iStock Editorial | Getty Images Delta Air Lines on Wednesday reported second-quarter revenue that topped Wall Street’s estimates and said both leisure and business travel bookings rose sharply after more than a year of pandemic lockdowns. The
In this article WFC Wells Fargo on Wednesday reported second-quarter earnings and revenue results that topped Wall Street’s expectations as it continued to release funds it had set aside during the Covid-19 pandemic to safeguard against widespread loan losses. Shares of the bank rose 0.5% in premarket trading following the earnings announcement. Here’s how the
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America is scheduled to report second-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: 77 cents a share, 108% higher than the year earlier period, according to Refinitiv. Revenue: $21.8 billion, 2.8% lower than a year earlier. Net Interest
Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co, at a luncheon hosted by The Economic Club of Chicago on November 22, 2017 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images JPMorgan Chase is scheduled to report second-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings:
Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE Second-quarter earnings reporting season gets underway in the week ahead and eye-popping results could validate a market that continues to easily shake off any concerns on its steady march to record high after record high. The second quarter’s profits for
In this article F Bronco SUVs in production at Ford’s Michigan Assembly plant, June 14, 2021. Michael Wayland | CNBC DETROIT – Ford Motor’s June and second quarter sales were below analyst expectations as a global shortage of semiconductor chips caused significant production cuts and inventory constraints. Ford sold 475,327 vehicles during the second quarter,
A person walks outside Duane Reade by Walgreens in Hell’s Kitchen on May 26, 2021 in New York City. Noam Galai | Getty Images Walgreens Boots Alliance said on Thursday that sales rebounded at its stores in its fiscal third-quarter and got a lift from Covid-19 shots, prompting the company to raise its outlook for
In this article BBBY Source: Bed Bath & Beyond Bed Bath & Beyond fiscal first-quarter sales climbed nearly 50%, as the retailer’s turnaround initiatives including launching new brands and remodeling stores helped to draw in customers for everything from blenders to bath mats. The progress coming ahead of the key back-to-school shopping season was enough
In this article NKE A man walks in front of Nike products exhibit, on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike on Thursday reported fiscal fourth-quarter earnings and sales that topped analysts’ estimates, fueled by record revenue in North America. Nike shares jumped more than 4%
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