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BlackRock recorded a 2% drop in revenue and a 7% drop in net income in the second quarter, the firm announced Friday.
United Airlines’ strong financial performance demonstrates how US airlines are overcoming issues caused by severe weather and the 737 Max ground...
The airline announced a strong second quarter during its earnings call on Wednesday, despite "headwinds" that have presented challenges this year.
The retailer attributed its lower income to the $29 million cost associated with its initial public offering in March.
The maker of Modelo and Corona beer surges after beating earnings forecasts and boosting its yearly outlook
Modelo, Constellation Brands' most popular beverage, was a major contributor to quarterly gains, and is rapidly adding market share.
Fewer retailers in China are seeing flat-to-positive Nike footwear and apparel businesses over the last two quarters, a recent Citi survey showed.
"Several discrete items negatively impacted top line growth," the company said. Sales in the key grocery and snacks segment dropped by about 7%.
Analysts are chopping down companies' earnings at a rapid clip, denting what was an improving months-long trend, a new Deutsche Bank analysis shows.
While net sales came in at $16.86 billion for fiscal 2019 — a 7% annual jump — they fell short of analysts' hopes for the quarter ending in late May.
"Global trade disputes and low global growth rates create significant uncertainty for the express business, leading us to be cautious," the CEO said.
The Canadian company attributed the miss to increased sales, marketing, and administrative costs.