Earnings estimates

In this image provided by Jay Woods, Woods, a Designated Market Maker with IMC and NYSE Floor Governor, who normally works on the New York Stock Exchange trading floor, works in his home office in Basking Ridge, N.J., Thursday, March 26, 2020. Stocks are opening lower on Wall Street, Friday, March 27, as the market gives back some of the gains it piled up over the past three days. (Shannon Woods/Courtesy Jay Woods via AP)
March 27, 2020 - 11:59 am

Stocks move lower on Wall Street following a big 3-day rally

Stocks are lower Friday on Wall Street, erasing part of a huge rally over the past three days. The market is still on track for sizable gains for the week following two weeks of relentless selling. Much of this week's rally was driven by enthusiasm over a historic $2 trillion financial rescue...
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A man wearing a protective face mask walks by the investment icon bull statue on display outside an office building in Beijing, Wednesday, March 11, 2020. Stocks were mostly lower in Asia on Wednesday despite gains on Wall Street on hopes the Trump administration will act to cushion the economic pain of the virus outbreak. (AP Photo/Andy Wong)
March 11, 2020 - 7:11 pm

The Latest: Stock futures signal more losses in US markets

NEW YORK (AP) — The Latest on the action in the financial markets (all times local): 10:10 p.m. Stock futures are pointing to more losses in U.S. stock markets Thursday after President Donald Trump delivered a speech on the coronavirus outbreak that appeared to disappoint investors. Futures for the...
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FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. Target reported strong fourth-quarter profits, though its sales were weighed down by weak toy and electronics sales during the crucial holiday shopping season. Target joins a string of other retailers, including Walmart, with disappointing sales during the shortest holiday shopping period since 2013. (AP Photo/Gene J. Puskar, File)
March 03, 2020 - 7:49 am

Target offers solid profit outlook despite virus uncertainty

NEW YORK (AP) — Target Corp. offered a solid annual profit outlook on Tuesday and said that it hasn't seen anything related to the spreading new virus so far that would affect its financial targets. The outlook came as the discounter reported strong fourth-quarter profits, though its sales were...
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In this Monday, Jan. 27, 2020 photo a passer-by, below left, walks toward an entrance to a Home Depot store location, in Boston. Home Depot Inc. reports financial results on Tuesday, Feb. 25. (AP Photo/Steven Senne)
February 25, 2020 - 6:20 am

Home Depot's same-store sales surge in final quarter of 2019

Home Depot reported a better-than-expected fourth quarter with strong comparable-store sales. The home improvement retailer also boosted its quarterly dividend by 10%. Shares rose 3% in premarket trading Tuesday. “Home Depot’s numbers are important as they, perhaps more than those of other...
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FILE - In this Sept. 10, 2019, file photo a John Deere tractor is on display at the Husker Harvest Days farm show in Grand Island, Neb. Deere & Co. reports earns on Thursday, Feb. 20, 2020. (AP Photo/Nati Harnik, File)
February 21, 2020 - 8:16 am

Deere sees some stability on farms in bruising trade fight

Deere had a surprisingly strong first quarter after an extended period in which it was bruised by the ongoing trade war between the United States and China. “Farmer confidence, though still subdued, has improved due in part to hopes for a relaxation of trade tensions and higher agricultural exports...
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FILE - This June 25, 2019, file photo shows the entrance to a Walmart in Pittsburgh. Walmart is reporting disappointing fourth-quarter profits and sales. The nation's largest retailer says that sales at its U.S. stores heading into the holiday season were weaker than expected. It also said that social unrest in Chile hurt its business. (AP Photo/Gene J. Puskar, File)
February 18, 2020 - 11:57 am

A rare miss for Walmart to end the year

NEW YORK (AP) — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season. Violent social protests in Chile, where there are hundreds of Walmart stores, cut into international sales. Walmart also delivered a weak profit forecast for the...
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FILE - In this May 30, 2019, file photo, the new HealthHUB is shown inside a CVS store in Spring, Texas. CVS Health reports financial results on Wednesday, Feb. 12, 2020. (AP Photo/David J. Phillip, File)
February 12, 2020 - 8:06 am

CVS Health swings to 4Q profit, lays out leadership changes

CVS Health swung to a fourth-quarter profit and is starting the new year with a management shakeup for its largest business. The company will replace Derica Rice with Dr. Alan Lotvin as the leader of its pharmacy benefit management segment. CVS Health also named former Concerto Healthcare executive...
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FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck is posting a 29% jump in fourth-quarter profit and it's spinning off its women's health division and other operations that churn out $6.5 billion in annual revenues. The drugmaker on Wednesday, Feb. 5, 2020 reported net income of $2.36 billion, up from $1.83 billion, a year earlier. (AP Photo/Seth Wenig, File)
February 05, 2020 - 8:41 am

Merck to spin off assets with $6.5B in sales; 4Q profit up

Drugmaker Merck beat Wall Street's fourth-quarter profit expectations, but investors weren't as happy with the biggest move Merck's made in years: deciding to spin off its women's health division and other operations with $6.5 billion in annual revenues. The maker of cancer blockbuster Keytruda...
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February 05, 2020 - 5:01 am

GM turns full-year profit despite strike, slumping sales

DETROIT (AP) — Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money last year. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. GM couldn't avoid red ink the fourth quarter, though. The...
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February 04, 2020 - 1:34 pm

Disney Plus has 26.5M subscribers; costs weigh on profit

NEW YORK (AP) — The Walt Disney Co. said Tuesday that profit fell 23% in its latest quarter to $2.13 billion as it absorbed losses — and a big revenue boost — from its new streaming service, Disney Plus. The company says it has 26.5 million Disney Plus subscribers as of Dec. 28, the end of its...
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