Earnings

In the past few quarters, Yum’s earnings growth has been heavily dependent on how well its chicken chain KFC has fared. Luckily for the company, KFC’s “Southern Inspired” sandwiches have been well-received by consumers. Like Pizza Hut, KFC struggled with sales growth several years ago, requiring a $180 million investment from Yum to set things
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Apple said Tuesday it has returned $275 billion in total capital to shareholders since 2012. The company has also said it plans to invest in content, emerging markets and U.S. job creation. Apple announced in January it planned to contribute $350 billion to the U.S. economy over the next 5 years, including $38 billion in
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There are two ways to look at Apple right now. On one hand, the company’s a profit machine — and investors are hoping to see some of that money given back to them Tuesday night in stock buybacks, as Apple divvies up overseas cash that it brought back to the U.S. thanks to tax cuts.
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Botox maker Allergan reported a better-than-expected quarterly profit on Monday and raised its full-year forecast for adjusted net income, driven by higher sales of its medical aesthetics products including the blockbuster wrinkle treatment. The company’s shares rose about 2.4 percent to $166.70 in premarket trading. Sales of Botox, its biggest drug by revenue that is
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McDonald’s on Monday reported better-than-expected first-quarter earnings, as menu price increases fueled higher check averages in the U.S. Although McDonald’s has been luring customers with a number of value deals, the larger tickets prove diners aren’t just looking for cheap eats. Global same-store sales were also strong, rising 5.5 percent and topping estimates of 3.7
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To doubters of his bold statement, Cramer said, “What are you looking for, incrementalism? This wasn’t incrementalism. This is a new order.” Amazon shares jumped in early trading Friday, briefly rising above its all-time high of $1,617.54. Analysts were quick to gush over Amazon’s prospects. The most bullish, Macquarie’s Ben Schachter, raised his 12-month price
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Microsoft opened nearly 4 percent up Friday, the day after a first quarter earnings beat. The tech giant reported a 16 percent bump in sales for the quarter, led by revenue growth in its intelligent cloud segment. Shares of Microsoft initially fell in after-hours trading Thursday following the report, but recovered on a positive outlook
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Chevron saw its stock price jump as it reported first-quarter earnings that easily topped expectations, fueled by rising oil and natural gas production and higher commodity prices. Shares of Chevron were up more than half a percent shortly after the U.S. stock market opening, backing off stronger gains before the bell. Chevron’s profits have steadily
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Amazon’s cloud business exceeded analyst estimates, with revenue climbing 49 percent in the first quarter. Amazon Web Services reported sales on Thursday of $5.44 billion, compared to the $5.26 billion average estimate of analysts surveyed by FactSet. AWS contributed about 11 percent of Amazon’s total revenue for the period, up from 8.5 percent in the
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Coffee giant Starbucks has bolstered its loyalty program and maintained steady same-store sales growth, but it still hasn’t been able to grow at a fast enough pace to placate investors. Shares of the company slipped nearly 3 percent in aftermarket trading Thursday. In the quarter ended April 1, the company said that net income in
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The company’s biggest business segment, More Personal Computing — which includes Windows, devices, gaming and search ads — produced $9.92 billion in revenue, up 13 percent year over year. The segment came in above the FactSet consensus estimate of $9.25 billion, according to StreetAccount. The Productivity and Business Processes segment, which includes Office, LinkedIn and
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Amazon reported a huge beat across the board for its first-quarter earnings on Thursday, with particular growth coming from its AWS cloud service and advertising business. Amazon stock is up roughly 7 percent in after-hours trading, soaring past its all-time high. Here are the most important numbers: Revenue: $51.04 billion vs. $49.78 billion, as estimated,
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Chipmaker stocks are in rally mode Thursday after Qualcomm and Advanced Micro Devices posted earnings beats, but one market watcher says to temper expectations of a long-term sectorwide rally. “I don’t love the space,” Michael Bapis, partner and managing director at the Bapis Group at HighTower Advisors, told CNBC’s “Trading Nation” on Wednesday. “It’s coming
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Apple’s fiscal third-quarter financial results will significantly disappoint Wall Street expectations due to weak iPhone sales, according to a Bernstein analyst. The firm predicts the smartphone maker will forecast revenue in the range of $47 billion to $49 billion for its June quarter versus the analyst average of $51.9 billion when it reports financial results
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Earnings: $1.24 per share, according to Thomson Reuters Revenue: $34.66 billion, according to Thomson Reuters The largest U.S. automaker is cutting shifts at some factories that make passenger cars, such as the plant in Lordstown, Ohio, which makes the compact Chevrolet Cruze sedan. At the same time, it has added a shift at its Spring
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With its eye on accelerating cost cuts, Ford announced first-quarter earnings that topped analyst expectations and offered up some detail on the steps it will take to improve its financial health and realign its portfolio with a dramatic shift in consumer tastes. Like many of its peers, Ford has faced declining demand for its passenger
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