Earnings
- Stock Market
Buy the dip or sell the ‘rip’?: What’s ahead for stock investors as ‘sticky’ inflation fears heighten consumer concern
Investors, already grappling with a sinking stock market and fears that the U.S. economy may be heading for a recession,…
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Richemont shares tumble as profit falls short, Russia exit weighs
Shares in Compagnie Financiere Richemont SA fell sharply Friday after it said full-year profitability missed expectations and a planned divestment…
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Cisco blames China lockdowns for its forecast cut, but there could be deeper problems
Cisco Systems Inc. executives spent much of Wednesday afternoon blaming the COVID-related shutdowns in China for a $1 billion shortfall…
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Ross Stores is latest retailer to disappoint Wall Street, stock falls 16%
Ross Stores Inc. late Thursday became the latest retailer to report disappointing quarterly results and dial down on its outlook,…
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Applied Materials whiffs across the board on earnings, stock drops
Applied Materials Inc. shares declined in the extended session Thursday after the semiconductor-manufacturing equipment maker missed on earnings, revenue and…
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Target stock downgraded as multiple analyst groups blame execution for profit hit
Analysts say one factor driving Target Corp.’s wide first-quarter profit miss was the company’s execution missteps. “In our view, the…
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Dow transports tumble again, as railroad downgrades act as a drag
The Dow Jones Transportation Average took another deep dive Thursday, with the biggest drag shifting to the index’s railroad components…
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