U.S. Economic Growth Revised Upward to 1.2%
"Economic indicators so far aren't entirely convincing on a second-quarter bounce in activity," one economist says.
Sears Swings to Profit But Sales Slide Continues
"There's no turnaround. Anybody who suggests that that's the case... is suffering from a loss of reality."
Lowe’s Shares Drop 3% on Q1 Earnings Miss
Same-store sales grew 1.9%, above the company's historical average but below rival Home Depot's 5.5% gain in its first quarter.
KKR to Invest $150 Million in Pandora
"We have positioned the company to evaluate any potential strategic alternatives, including a sale," a Pandora director says.
Berkshire Hathaway Profit Falls 5% to $3.56B
The decline in earnings reflected an after-tax loss of $267 million from insurance underwriting that offset gains from the BNSF railroad and utilities.
MasterCard Shares Surge on 12% Profit Gain
The company is benefiting from healthy consumer spending but faces increased costs as it spends on digital payment initiatives.
Inflation Shows Biggest Drop Since Jan. 2015
The 0.2% decline in inflation in March came as consumer spending was unchanged for a second straight month, but the weakness may only be temporary.
U.S. Economic Growth Slows to 0.7% in Q1
The sluggish GDP report "marks a rough start to the [Trump] administration's high hopes of achieving 3 percent or better growth."
Twitter Beats Estimates But Revenue Drops 8%
"There is still work to be done to translate [user growth] into revenue growth,” Twitter tells shareholders.
New Products Fuel Eli Lilly Q1 Earnings Beat
Drugs such as the diabetes treatment Trulicity "led the company to a strong quarter of volume-driven revenue growth."
J&J Posts $17.7B in Revenue, Misses Estimates
Tepid growth in pharmaceuticals and consumer products held back first-quarter sales but the company is still confident it will meet its full-year guidance.