The 166-year-old department store operator got a new CEO earlier this month.
Schlagwort-Archiv: CNBC
Lowe’s beats earnings estimates as sales fall — and the company expects revenue to slide again this year
Lowe’s beat lower expectations for its fourth quarter, and said it expects sales to fall again in its current fiscal year.
Zoom shares jump as quarterly results beat on top and bottom lines
Zoom’s growth has moderated dramatically since the pandemic, and the company is projecting a revenue increase of less than 2% for the current fiscal year.
Unity shares sink on weak guidance
Unity shares sink more than 15% after missing first-quarter forecast.
Top Wall Street analysts pick these dividend stocks for enhanced returns
TipRanks‘ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Coca-Cola and Chevron.
Berkshire shares jump after big profit gain as Buffett’s conglomerate nears $1 trillion valuation
The Omaha-based conglomerate on Saturday posted strong fourth-quarter operating earnings of $8.481 billion, about 28% higher than the $6.625 billion from the year-ago period
After doubts about Alibaba’s future, co-founder Joe Tsai says: ‚We’re back‘
Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC’s Emily Tan.
Xiaomi bets big on its new electric vehicle — targets 20 million premium users
Xiaomi is putting a premium price on its first electric car because it already has about 20 million users in that segment, Group President Weibing Lu told CNBC.
Berkshire Hathaway operating earnings jump 28% in the fourth quarter, cash pile surges to record
The Omaha-based conglomerate posted operating earnings of $8.481 billion in the quarter ending December.
Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size
Warren Buffett said his sprawling conglomerate may only slightly outperform the average American company due to its sheer size.