First Quarter

Apple Posts Record Quarterly Revenue of $78B
Technology

Apple Posts Record Quarterly Revenue of $78B

Sales of the flagship iPhone increased 5% in the first quarter, helping Apple to snap a streak of declining revenue.
By Matthew Heller | February 1, 2017
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Delta Sees Clearer Skies Ahead for Revenue
Financial Performance

Delta Sees Clearer Skies Ahead for Revenue

The airline forecasts passenger unit revenue will range from flat to a 2% increase in the first quarter of 2017, ending two years of quarterly declines.
By Matthew Heller | January 12, 2017
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U.S. Banks’ Profits Show First Drop in 2 Years
Financial Performance

U.S. Banks’ Profits Show First Drop in 2 Years

The industry's first-quarter results were mixed, with loan balances growing at the highest rate since 2009 and operating revenue up 2.7%.
By Matthew Heller | June 2, 2016
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Target Shares Drop 7.6% on Comp Sales Miss
Strategy

Target Shares Drop 7.6% on Comp Sales Miss

Same-store sales gained 1.2% in Q1, missing analysts' estimates, and Target is expecting growth to be flat or lower in coming months.
By Katie Kuehner-Hebert | May 18, 2016
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Berkshire Hathaway Misses Profit Estimates
Strategy

Berkshire Hathaway Misses Profit Estimates

The conglomerate's first-quarter results reflect a 25% drop in profit at the Burlington Northern Santa Fe railroad, its largest unit.
By Matthew Heller | May 6, 2016
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GE’s Core Revenue Climbs 6% to $25.8B
Strategy

GE’s Core Revenue Climbs 6% to $25.8B

The company is facing challenges in its oil and gas business but renewable energy revenues grew 62%.
By Katie Kuehner-Hebert | April 22, 2016
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Yahoo Says Sale of Core Assets a ‘Top Priority’
Technology

Yahoo Says Sale of Core Assets a ‘Top Priority’

The company posted a first-quarter loss but CEO Marissa Mayer said it had made "substantial progress towards potential strategic alternatives."
By Katie Kuehner-Hebert | April 20, 2016
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Junk Defaults to Rise to 4.6% in Next Year
Investment Banking

Junk Defaults to Rise to 4.6% in Next Year

Moody's cites "deteriorating credit conditions especially in commodity sectors such as oil & gas and metals & mining."
By Katie Kuehner-Hebert | April 11, 2016
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Manufactured Goods Orders Fall in February
The Economy

Manufactured Goods Orders Fall in February

The weak factory data are another indication that U.S. economic growth moderated further at the turn of the year.
By Katie Kuehner-Hebert | April 4, 2016
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U.S. Corporate Profits Fall 8.1% in 4th Quarter
The Economy

U.S. Corporate Profits Fall 8.1% in 4th Quarter

The slowdown in GDP growth was less than previously estimated but corporate profits continue to be hit by a strong dollar and cheap oil.
By Katie Kuehner-Hebert | March 25, 2016
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Second-Quarter GDP Revised Upward to 3.9%
The Economy

Second-Quarter GDP Revised Upward to 3.9%

Commerce Department's latest data may support the case for an interest-rate hike this year despite the "global malaise."
By Katie Kuehner-Hebert | September 25, 2015
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LinkedIn Builds a Facebook for Grown-Ups
Technology

LinkedIn Builds a Facebook for Grown-Ups

The networking company’s first-quarter revenue more than doubles as it hones in on professionals and professional services.
By David Rosenbaum | May 4, 2012
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