Booking Earnings, Revenue Beat in Q4 Investing.com – Travel company Booking on Wednesday reported better-than-expected fourth-quarter results, but its guidance fell short of estimates amid concerns about the coronavirus’ impact on travel demand. Shares fell 2.3% postmarket. “While the outlook for global travel in the near term is uncertain dueRead More →
© Reuters. By Pauline Thomas Investing.com – Here is a summary from the most important regulatory news releases from the London Stock Exchange ahead of the U.K. market open on Wednesday 29 January. Please refresh for updates for U.K. market news from the LSE’s RNS on individual U.K. shares fromRead More →
UBS Group AG has cut its mid-term guidance after missing its key targets for 2019. The results come as the Swiss bank UBS, -0.45% UBSG, +0.55% , one of the world’s largest wealth managers for rich clients, is revamping its investment bank and wealth management arms, shedding jobs and reorganizingRead More →
Ryanair Holdings PLC said Friday that it was raising its full-year guidance for fiscal 2020 on the back of stronger trading over the Christmas period, but that Austrian subsidiary Laudamotion has continued to underperform and that its loss for the year is expected to widen. The low-cost carrier RYA, +7.06%Read More →
Tullow Oil PLC said Monday that it has cut its production forecast for the near term after 2019 output fell significantly below expectations and Chief Executive Paul McDade has resigned with immediate effect. The energy company TLW, -58.67% said that despite a solid financial performance, it expects net production inRead More →
Dave & Buster’s Entertainment Inc. isn’t the only game in town, and the competition is eating away at same-store sales. Dave & Buster’s PLAY, -7.45% stock took a 9.7% nose dive in Wednesday trading after the company cut its guidance and reported a 1.8% same-store sales decline for theRead More →
CrowdStrike Holdings Inc. shares tumbled in the extended session Thursday after the cybersecurity company didn’t provide as aggressive an outlook as it had in the previous quarter and fielded questions on how recently announced acquisitions of competitors by partners will affect its business. CrowdStrike CRWD, +1.81% shares dropped 9% afterRead More →
Slack Technologies Inc.’s first earnings report as a public company landed with a thud on Wednesday, pushing its already-depressed shares down 15% in after-hours trading. The workplace-communications company reported second-quarter results that exceeded Wall Street estimates but forecast a slightly larger-than-expected loss for its current quarter, renewing concerns about itsRead More →
Cars.com Inc. shares tumbled 35% Monday after the digital marketplace for car sales said its board has completed a strategic review without receiving any actionable bids and will now work to execute a plan to drive growth. The review was first announced on Jan. 16 and came after a pushRead More →
U.S. stocks retreated Thursday morning, with those for the Dow under pressure after disappointing 3M Co. earnings, while positive tech-sector earnings reports blunted losses in the Nasdaq and S&P 500. Against the backdrop of a parade of quarterly results, investors have been weighing continued signs of sluggish growth permeating internationalRead More →
Netflix Inc. shares gave up early gains Wednesday, as investors digested its weaker-than-expected guidance for the second quarter and shrugged off mostly bullish notes from analysts. The stock NFLX, -1.27% took a dive in after-hours trade Tuesday, falling as much as 5.9%, after the company reported a record number ofRead More →
© Reuters. Investing.com – Salesforce.com (NYSE:) reported fourth-quarter that beat analysts’ expectations on Monday and revenue that topped forecasts, but shares fell on soft guidance. The company reported earnings per share of 70 cents a share on revenue of $3.6 billion. Analysts polled by Investing.com forecast EPS of 55 centsRead More →
Editor’s note: A prior version of this article gave an incorrect ARPU figure. The article been corrected. Getty Images Dropbox reported fourth quarter earnings Thursday after the closing bell. Dropbox Inc. reported sales and revenue guidance that topped Wall Street expectations late Thursday, but issued guidance that disappointed investors. DropboxRead More →
© Reuters. Investing.com – IBM (NYSE:) reported fourth-quarter that beat analysts’ expectations on Tuesday and revenue that topped forecasts, sending shares higher after hours. The tech giant reported earnings per share of $4.87 on revenue of $21.76 billion. Analysts polled by Investing.com expected EPS of $4.82 on revenue of $21.75Read More →
