re Clorox says sales jump 15% on strong demand for cleaning products, raises forecast By www.cnbc.com Published On :: Fri, 01 May 2020 12:47:49 GMT Clorox cleaning segment, which includes its namesake bleach and Pine-Sol, saw sales growth of 32%. Full Article
re Chevron says results will be 'depressed' as long as oil stays low, takes steps to protect dividend By www.cnbc.com Published On :: Fri, 01 May 2020 20:06:44 GMT The company reiterated that its dividend is a priority, and that it's taking action to sustain it over the long term. Full Article
re Warren Buffett's Berkshire swings to massive $50 billion net loss after coronavirus pummels stock investments By www.cnbc.com Published On :: Sat, 02 May 2020 16:57:00 GMT Berkshire's first-quarter net loss totaled $49.75 billion. A year earlier, net earnings totaled $21.66 billion. Full Article
re Tyson Foods shares fall 8% as production disruptions take a toll on profits, company secures $1.5 billion loan facility By www.cnbc.com Published On :: Mon, 04 May 2020 14:49:17 GMT Tyson Foods on Monday reported that its fiscal second-quarter net income fell 15% from a year earlier, as production disruptions weighed on its results. Full Article
re Tenet Healthcare warns of significant Covid-19 impact in the second quarter By www.cnbc.com Published On :: Tue, 05 May 2020 10:37:06 GMT Tenet Healthcare warned of a significant hit from the Covid-19 pandemic in the current quarter, even as the hospital operator's quarterly profit beat estimates due to a tax benefit from the coronavirus stimulus bill. Full Article
re Disney's parks were its biggest profit-maker, now they could be its biggest drag on earnings By www.cnbc.com Published On :: Tue, 05 May 2020 18:58:46 GMT Last year, Disney's Parks, Experiences and Consumer Products segment was its fastest-growing profit driver. Now, it could be the company's biggest drag on earnings, thanks to the Covid-19 outbreak. Full Article
re Wayfair shares rocket higher as coronavirus-related store closures shift more demand its way By www.cnbc.com Published On :: Tue, 05 May 2020 15:58:13 GMT Online furniture retailer Wayfair's net loss widened during the first quarter, as its sales surged nearly 20% from a year ago. Full Article
re Pinterest drops after reporting slowing user growth in first quarter results By www.cnbc.com Published On :: Tue, 05 May 2020 21:46:18 GMT Shares of Pinterest fell as much as 9% in after-hours trading on Tuesday after the company reported its first quarter results. Full Article
re Beyond Meat shares rise as first-quarter revenue soars 141%, but it withdraws 2020 forecast due to coronavirus By www.cnbc.com Published On :: Tue, 05 May 2020 23:23:06 GMT Citing uncertainty due to the coronavirus pandemic that's shuttered much of the dine-in restaurant industry around the world, the company suspended its full-year forecast. Full Article
re The businesses that made Disney a juggernaut are suddenly hurting, distracting from its streaming success By www.cnbc.com Published On :: Tue, 05 May 2020 23:16:21 GMT Disney wants Wall Street to focus on its growing streaming business, but its media networks, theme parks and film studio have grown too large to be ignored. That's become a big problem during coronavirus shutdowns. Full Article
re Disney reports 58% drop in operating income from parks and cruises, its worst-hit segment By www.cnbc.com Published On :: Tue, 05 May 2020 21:54:21 GMT This is the first earnings report with Bob Chapek at the helm of Disney, after former CEO Bob Iger transitioned to executive chairman. Full Article
re CVS Health first-quarter revenue rose 8% as customers rushed into stores to buy essentials; shares up By www.cnbc.com Published On :: Wed, 06 May 2020 21:43:22 GMT The drugstore chain's stores have remained open as an essential retailer during the coronavirus pandemic, and it's also opened drive-thru testing sites. Full Article
re Wendy's shares jump after company reports US same-store sales picking up as customers return By www.cnbc.com Published On :: Wed, 06 May 2020 14:12:02 GMT Wendy's reported that its U.S. same-store sales are rebounding after plunging in March and the first half of April. Full Article
re New York Times expects ad revenue to plummet 50% in Q2, but broke its record for net new subscriptions in a quarter By www.cnbc.com Published On :: Wed, 06 May 2020 18:25:08 GMT The New York Times Company said it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for advertisers. But the media company, which gets two-thirds of its revenue from subscriptions, said it added more than half a million net new digital subscriptions. Full Article
re Homebound parents bought board games, not Barbies, crippling Mattel's sales in the first quarter By www.cnbc.com Published On :: Wed, 06 May 2020 15:56:15 GMT Consumers stocked up on board games, not Barbie dolls, amid the coronavirus pandemic, sending Mattel's sales in the first quarter tumbling. Full Article
re Twilio skyrockets as quarterly results fly past estimates By www.cnbc.com Published On :: Thu, 07 May 2020 18:12:08 GMT Although revenue growth deccelerated, Twilio still put up numbers that exceeded what analysts had expected. Full Article
re Carvana shares tumble double digits on first-quarter losses By www.cnbc.com Published On :: Wed, 06 May 2020 23:24:39 GMT Shares of Carvana tumbled double digits during after-market trading following the auto retailer reporting a net loss of $183.6 million during the first quarter. Full Article
re Lyft shares jump 15% as company reports more riders than last year despite coronavirus By www.cnbc.com Published On :: Wed, 06 May 2020 21:30:46 GMT Lyft reports its first-quarter results on Wednesday after the bell. Full Article
re Peloton sales surge 66%, as more people buy bikes during coronavirus pandemic; shares jump By www.cnbc.com Published On :: Thu, 07 May 2020 14:16:16 GMT Peloton's revenue surged 66% during the fiscal third quarter, as more people purchased its fitness equipment and tuned into its live classes, to try to break a sweat while stuck at home during the coronavirus pandemic. Full Article
re ECB ruling: German court can only check core of domestic constitution, analyst says By www.cnbc.com Published On :: Tue, 05 May 2020 10:04:15 GMT Volker Wieland, endowed chair of monetary economics at the Institute for Monetary and Financial Stability, discusses the impending verdict on whether the ECB's public sector purchase program is legal under German law. Full Article
re No exact playbook on how to reopen economies, doctor says By www.cnbc.com Published On :: Tue, 05 May 2020 10:05:28 GMT Peter Drobac, director of the University of Oxford's Skoll Centre for Social Entrepreneurship, discusses Europe's handling of the coronavirus crisis. Full Article
re Valuations only part of the picture in coronavirus crisis, strategist says By www.cnbc.com Published On :: Tue, 05 May 2020 10:41:32 GMT John Bilton, global head of multi-asset strategy at J.P. Morgan Asset Management, discusses the impact of the Covid-19 pandemic on stock valuations. Full Article
re Today's market composition doesn't reflect who is leading the rally, fund manager says By www.cnbc.com Published On :: Wed, 06 May 2020 07:49:43 GMT Guy de Blonay, fund manager for global equities at Jupiter Asset Management, discusses investing amid the coronavirus crisis. Full Article
re EU cannot leave any European citizen behind in this crisis, Spanish foreign minister says By www.cnbc.com Published On :: Wed, 06 May 2020 09:34:55 GMT Spanish Minister of Foreign Affairs, the European Union and Cooperation Arancha Gonzalez discusses the EU's response to the coronavirus crisis. Full Article
re Europe has scope to strengthen relationship with China, Spanish minister says By www.cnbc.com Published On :: Wed, 06 May 2020 09:38:42 GMT Spanish Minister of Foreign Affairs, the European Union and Cooperation Arancha Gonzalez discusses the coronavirus crisis. Full Article
re Seeing spike in demand for sedatives and painkillers, Fresenius CFO says By www.cnbc.com Published On :: Wed, 06 May 2020 09:48:54 GMT Rachel Empey, CFO of Fresenius, outlines how the healthcare firm's earnings are being impacted by the coronavirus crisis. Full Article
re Working to ensure we emerge stronger from coronavirus crisis, Solvay CEO says By www.cnbc.com Published On :: Wed, 06 May 2020 09:50:02 GMT Ilham Kadri, CEO of Solvay, discusses the chemicals company's first-quarter earnings. Full Article
re Economic scars will remain for EU after coronavirus, official says By www.cnbc.com Published On :: Wed, 06 May 2020 13:16:45 GMT EU Economic Commissioner Paolo Gentiloni discusses the economic impact of the coronavirus pandemic across the euro zone. Full Article
re Equinor has reduced 2020 costs by $3 billion and is prepared to do more, CEO says By www.cnbc.com Published On :: Thu, 07 May 2020 09:05:24 GMT Eldar Sætre, CEO of Equinor, discusses the company's first-quarter earnings. Full Article
re Positive business dynamic in the insurance market, Munich Re CFO says By www.cnbc.com Published On :: Thu, 07 May 2020 09:06:04 GMT Munich Re CFO Christoph Jurecka discusses the insurer's first-quarter earnings. Full Article
re Expecting recovery from coronavirus to be L-shaped, strategist says By www.cnbc.com Published On :: Thu, 07 May 2020 09:43:19 GMT Stephen Isaacs, chairman of the investment committee at Alvine Capital Management, discusses the market recovery from the coronavirus crisis. Full Article
re There is potential for negative interest rates in the US, strategist says By www.cnbc.com Published On :: Fri, 08 May 2020 07:34:12 GMT Greg Williamson, head of strategy at Pluribus Labs, discusses the U.S. economy. Full Article
re Fresh US-China trade tensions a 'distinct risk' amid pandemic, strategist says By www.cnbc.com Published On :: Fri, 08 May 2020 07:36:07 GMT Salman Ahmed, chief investment strategist at Lombard Odier Investment Managers, discusses trade tensions between the U.S. and China. Full Article
re 'Buyer beware' at this point — it's going to be a grind from here, strategist warns By www.cnbc.com Published On :: Fri, 08 May 2020 09:05:25 GMT Hani Redha, multi-asset portfolio manager at PineBridge Investments, discusses investing amid the coronavirus crisis. Full Article
re ECB has responded well to German court ruling, former ECB vice president says By www.cnbc.com Published On :: Fri, 08 May 2020 10:03:35 GMT Vitor Constancio, former vice president of the ECB, discusses the German constitutional court's ruling on the European Central Bank's bond-buying program. Full Article
re Amazon launches new Exclusives store By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Dominic Chu and Tom's Guide Associate Editor Michael Andronico discuss Amazon's new Exclusives store and its motivation for investing in brands funded by Kickstarter campaigns. Full Article
re You've got to travel here in 2015 By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT TripAdvisor has released its seventh annual Travelers' Choice awards, which ranks the world's top rated travel destinations. Heading the list this year? Marrakech, Morocco. Full Article
re Retire well: Salary saving tips By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Sharon Epperson breaks down salary saving tips for workers in different age groups, helping to lead them to the road to wealth. Full Article
re Reid: Ban this sport before boxing By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's John Harwood asks Harry Reid about his boxing days. Full Article
re Are millennials lazy and entitled? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Landon Dowdy interviews millennial workplace expert Lindsey Pollak, who says millennials aren't lazy, just misunderstood. Full Article
re A point-of-sale system like Square on steroids By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT A New York City cowboy boot store may sell classic styles, but it's been improving its sales by using technology and analytics on the Bindo POS iPad app. Full Article
re Picking the best credit card for you By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Landon Dowdy highlights four guidelines to help you pick the best credit card. Full Article
re US oil needs more explicit support from policymakers: Standard Chartered By www.cnbc.com Published On :: Fri, 24 Apr 2020 05:24:53 GMT Eric Robertsen from Standard Chartered says it is hard to imagine oil and energy demand improving, so the U.S. shale industry needs explicit policy support to get back on track. Full Article
re A higher deficit will need to be factored in to new EU budget, says economist By www.cnbc.com Published On :: Fri, 24 Apr 2020 09:05:19 GMT Radhika Rao from DBS Bank discusses the European Union's economic response in combating the coronavirus pandemic. Full Article
re The current global slowdown is going to have a long tail, strategist says By www.cnbc.com Published On :: Fri, 24 Apr 2020 10:13:37 GMT James Morton, CIO at Santa Lucia Asset Management, discusses the prospect of a recovery from the coronavirus pandemic, saying the downturn will last for a while. Full Article
re HSBC results were unsurprising given economic fallout from coronavirus, says analyst By www.cnbc.com Published On :: Wed, 29 Apr 2020 08:26:18 GMT HSBC's first-quarter earnings were not surprising given the global economic fallout of the coronavirus pandemic, says Filippo Alloatti, senior credit analyst at Federated Hermes. He also discusses the bank's decision to suspend share buybacks and dividend payouts for now. Full Article
re Andrew Forrest on using business power to fight Australia's coronavirus crisis By www.cnbc.com Published On :: Wed, 29 Apr 2020 06:59:40 GMT With ten million test kits now secured by the Mindaroo Foundation and its business partners, Australia will have the "abundant capacity" to test widely for infections to "end the virus, not the economy," says Andrew Forrest, the foundation's co-founder and chairman, and former CEO of Fortescue Metals Group. Full Article
re Lower interest rates are the biggest headwind this year, says CEO of Singapore's largest bank By www.cnbc.com Published On :: Thu, 30 Apr 2020 06:46:08 GMT The Federal Reserve's "big cuts" to its policy rates will eventually lead to lower interest rates in Singapore, says Piyush Gupta, chief executive of DBS Group Holdings. Full Article
re Things could look worse for latest US recession: Former Fed special advisor By www.cnbc.com Published On :: Thu, 30 Apr 2020 06:52:18 GMT With the United States in a "very, very severe recession" given the coronavirus outbreak, the Fed will have to continue being a "lender of last resort" and use appropriate monetary policy to ensure sufficient liquidity in the economy, says Andrew Levin, professor of economics at Dartmouth College and a former special advisor to the Federal Open Market Committee (FOMC). Full Article
re 'All we want is reciprocity' with China: US State Dept By www.cnbc.com Published On :: Mon, 04 May 2020 08:39:20 GMT Morgan Ortagus, spokesperson for the U.S. State Department, discusses the relationship between America and China. She says the U.S. "has really woken up to the threat" that the Communist Party of China poses to "our allies and our interests and our friends." Full Article