Delta Air Lines posted fourth-quarter earnings slightly higher than Wall Street’s expectations on Tuesday. The Atlanta-based carrier earned an adjusted $1.30 a share, compared with $1.27 expected by analysts polled by Refinitiv. Delta’s net income grew more than threefold to $1 billion during the last three months of 2018 from $299 million a year earlier,

UnitedHealth shares jumped 1.2 percent Tuesday after it reported fourth-quarter earnings that beat Wall Street’s expectations, helped by growth in its services business. Here’s UnitedHealth’s results vs. what Wall Street expected: Earnings: $3.28 per share vs. $3.21 per share, forecast by Refinitiv. Revenue: $58.42 billion vs. $58.01 billion, forecast by Refinitiv. Revenue from Optum, which

David Paul Morris | Bloomberg | Getty Images Tim Sloan, president and chief executive officer of Wells Fargo & Co. Revenue in consumer and small-business banking fell 2 percent, to $11.5 billion, primarily because of lower mortgage banking income and decreased market-sensitive revenue, partially offset by gains from the sale of branches and certain mortgage

The partial government shutdown that began Dec. 22 became the longest on record over the weekend. The impact is already visible in aviation. The impasse over funding for a wall along the U.S. southern border has furloughed FAA inspectors, holding up federal approval of new routes and planes. Shortages of Transportation Security Administration officers, who

After an uncommonly strong three-week rally, the stock market is up 10 percent from the harrowing 20-month low it reached in a nearly unprecedented December meltdown. But the S&P 500 index is still 11 percent below its September record high and down 6 percent from a year ago. So what’s now priced into the market,

Barra also said GM tightened its belt last year, helping to boost earnings. She announced several plant closures and 14,000 job cuts in November. The reorganization is estimated to save about $6 billion by the end of 2020, with about half of those cost savings realized by the end of 2019, the company said at

Daniel Acker | Bloomberg | Getty Images Shoppers enter a Kohl’s store in Peoria, Illinois. Kohl’s on Thursday reported holiday sales growth that paled in comparison to its results in 2017, sending shares tumbling. The retailer said sales at its stores and website operating for at least 12 months, on a shifted basis, rose 1.2

Target saw a surge of shoppers head to its stores and website during the 2018 holiday season, a sign that its investments in store remodels and delivery services are paying off, and an early sign that consumers across the U.S. spent more on gifts this year. The retailer said Thursday that sales at its stores

Fourth-quarter reporting season, with major banks releasing numbers next week, will also serve as an important transition period between 2018’s strong double-digit profit growth and 2019’s much slower single-digit pace. Earnings are expected to be strong, up 14.7 percent in the fourth quarter, but corporate executives will be discussing the activity in the current quarter,

Diane Macdonald | Getty Images Bed Bath & Beyond, a home goods store, at Jacksonville Beach, Florida Bed Bath & Beyond said it is ahead of its long-term financial goals in its quarterly earnings released on Wednesday. The stock soared more than 20 percent after hours. The company said it is ahead of schedule in

For the fourth quarter, which for many companies ends in December, 72 S&P 500 companies have issued earnings warnings, twice as many as have issued positive guidance, according to FactSet. Earnings growth rates have been revised lower by companies in all 11 S&P sectors. It’s possible the S&P could have earnings growth of more than

November: up 21.3 percent January: up 5.6 percent Source: Refinitiv But how much should be cut? Investors fall into one of two camps: Those who believe earnings growth could be flattish in 2019, and those who think earnings will grow in the mid-single digits. The difference is not trivial, according to Raich: “If earnings were

“I think that puts a lot of pressure on China to make a deal,” Hassett told CNN. “Their economy, for them, you might call a ‘recession.’ It’s slowing down in a way that they haven’t seen in a decade.” The rare warning from Apple, which sparked concerns about the Chinese economy and growth prospects worldwide,

It’s not all horrible news in CEO Tim Cook’s letter warning of lower guidance for the fiscal first quarter. He also expects “a new all-time record for Apple’s earnings per share.” That happened last year, too, when Apple reported its fiscal first-quarter 2018 results with an all-time record EPS of $3.89, up 16 percent from

Earnings 2019: Up, flat, or down? What happens to markets in 2019? It depends on your outlook on earnings. Fourth-quarter earnings have much less weight than usual, since everyone is concerned that the estimates for 2019 (currently 8 percent earnings growth) are too high and will be coming down. Seventeen companies have reported earnings for

Jussi Nukari | AFP | Getty Images People enter an Accenture office in downtown Helsinki, Finland. Accenture reported a 7.4 percent rise in quarterly revenue on Thursday, as it reaped the benefit of its investments in digital and cloud services. Net income attributable to the consulting and outsourcing services provider rose to $1.28 billion, or

Walgreens Boots Alliance announced plans on Thursday to its cut annual costs by $1 billion within three years and reported first-quarter results that beat Wall Street’s estimates. The results also showed sales are struggling in Britain, one of its largest markets, and the stock dropped 3 percent Thursday morning. Walgreens shares are down more than

Frederick Florin | AFP | Getty Images An employee works on the production of insulin pens at the factory of the US pharmaceutical company Eli Lilly in Fegersheim, France. Eli Lilly on Wednesday forecast better-than-expected revenue and adjusted profit for 2019, as the drugmaker benefits from higher demand for its newer medicines including diabetes drug

General Mills reported quarterly profit above Wall Street estimates on Wednesday, as the Cheerios cereal maker raised prices and eked out higher margins from cost savings. General Mills shares, which have fallen about 38 percent since the start of the year, were up 4.8 percent before the bell. Adjusted gross margin was 34.5 percent for

Matthew Staver | Bloomberg | Getty Images The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S. Micron Technology shares dropped more than 6 percent during after hours trading Tuesday after the company missed revenue expectations in its quarterly earnings. The company reported $7.91 billion, missing revenue estimates of $8.02 billion. However, it

Darden Restaurants, the owner of brands such as Olive Garden, reported mixed quarterly results on Tuesday, but raised its forecast for fiscal 2019, sending shares up 1 percent. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 92 cents vs. 91

Daniel Becerril | AP Employees work at the assembly line of International brand commercial trucks, owned by Navistar, at the manufacturing plant in Escobedo, on the outskirts of Monterrey, Mexico, June 29, 2017. Truck maker Navistar reported better-than-expected quarterly profit and revenue on Tuesday, as strong freight demand helped drive sales of its high-margin heavy-duty

Toll Brothers beat top and bottom line estimates for its fourth-quarter earnings report. Two of the homebuilder’s key metrics, deliveries and backlog, were at the highest levels in more than a decade. However, first quarter guidance from Toll Brothers was weaker than expected, with a deliveries range that was markedly below Wall Street’s expectation, according

Dollar General on Tuesday lowered its full-year profit and sales forecast, hit by higher costs related to hurricanes in the third-quarter and higher freight costs, sending its shares down 6 percent before the bell. “As a result of the third quarter hurricanes and other disasters, we will record greater-than-anticipated expenses in the second half of

David Paul Morris | Bloomberg | Getty Images Contractors secure a wall section on a home under construction at the Toll Brothers Cantera at Gale Ranch housing development in San Ramon, Calif. U.S. luxury home builder Toll Brothers on Tuesday reported a fall in fourth-quarter orders, as demand was hurt by rising interest rates and

Cloud storage provider Box reported a smaller-than-expected quarterly loss as it added more customers, and forecast full-year revenue estimates above analysts’ estimates. The company’s shares, which have fallen about 14 percent this year, rose 5 percent in extended trading. Box ended its third quarter with more than 90,000 paying customers, up from 87,000 in the

Tiffany’s stock sank 9.6 percent Wednesday after the jeweler released disappointing third-quarter sales that were hurt by weaker spending from Chinese tourists in the U.S. and Hong Kong. The luxury retailer’s earnings were in line with estimates, but revenue of $1.01 billion was shy of the $1.05 billion estimate from analysts surveyed by Refinitiv. Same-store

Salesforce.com is in peak performance mode as companies shift their operations to become more digital and cloud-reliant, the software giant’s Chairman, co-founder and co-CEO Marc Benioff told CNBC on Tuesday. “I don’t think the company’s ever been stronger or been in a better position, and the reason why is every company that we’re dealing with

A boost in construction equipment sales drove profit higher for Deere in the fourth quarter, but the results fell short of Wall Street expectations and pulled on shares before the opening bell Wednesday. The maker of agricultural and construction equipment reported a 46 percent boost in profit, to $784.8 million, or $2.42 per share. Earnings,

“Based on current projections, we would expect Gap brand to show sequential progress but still be down for the year,” Chief Financial Officer Teri List-Stoll said on a post-earnings call. Chief Executive Officer Art Peck has also shut Gap brand stores and named a new head for the unit earlier this year in a bid