General Motors Q2 Profit Tops Estimates, Revenue Down 1.9%; Affirms Guidance

General Motors Co. (GM) said its second-quarter net income was up 1.6 percent year-on-year driven by the performance of North America and significant progress on transformational cost initiatives. Looking forward, the company affirmed its fiscal 2019 guidance. RTT – Earnings … Read more…

FactSet Q3 Profit Beats Estimates; Raises 2019 Earnings Guidance

FactSet (FDS) reported that its third-quarter adjusted EPS rose 20.2% year-on-year driven primarily by stronger operating results. Revenues increased 7.2% primarily due to higher sales of analytics, content and technology solutions (CTS) and wealth management solutions. The company increased fiscal … Read more…

Kroger Q1 Profit Matches Estimates; Affirms Guidance – Quick Facts

The Kroger Co. (KR) reported first-quarter earnings that matched analysts’ estimates. Total sales, excluding fuel and the effect of selling the convenience store business unit, increased 2.0% year-on-year. Looking forward, Kroger Co. confirmed identical sales, operating profit and EPS guidance … Read more…

Mylan quarterly profit, 2019 forecast miss Wall Street estimates — stock tanks

Generic drugmaker Mylan on Tuesday reported lower-than-expected fourth-quarter profit and forecast 2019 earnings well below Wall Street estimates, as it grapples with significant problems at its Morgantown, West Virginia, plant. Health and Science U.S.HEALTHCARE UPDATE: Click today to request your … Read more…

Bank of America earnings’ jump, topping Wall Street estimates, as consumer credit improves

Chief Executive Officer Brian Moynihan, 59, has focused on cutting costs while looking for profit opportunities that fit his "responsible growth" mantra.  Top News & Analysis COMMUNITY NEWS UPDATE: Click today to request your free ACRX discount prescription card and … Read more…