Apple Lowers Q1 Guidance Amid China Woes
CEO Tim Cook says the revenue shortfall "is over 100 percent from iPhone and it's primarily in greater China."
Best Buy Shares Fall On Lowered Earnings Guidance
The retailer said it expects to earn between 79 and 84 cents per share in the current quarter, below analysts' estimates
Honeywell Raises Guidance Ahead of Spinoffs
“Our financial outlook is as positive as it has ever been,” says CFO Greg Lewis.
Ex-Sonus CFO Fined Over Faulty Guidance
The SEC says Mark Greenquist ignored red flags when he said he was "comfortable" with estimates of Sonus Networks' quarterly revenue.
3M Shares Tumble on Lowered 2018 Guidance
The stock matched its biggest single-day decline in more than nine years but the company sees "sustained profitable growth in 2018."
Tupperware Shares Fall 6.7% on Lower Outlook
Customer service issues related to a French factory had "a larger than previously foreseen impact" on Q1 sales, the company says.
Market Sees Clouds Over Oracle’s Cloud Future
The company's shares drop more than 7% after its guidance for fourth-quarter cloud revenue misses analysts' expectations.
Caterpillar’s Q3 Results Roar Past Estimates
Sales of the company's heavy equipment have benefited from the turnaround in the North American construction industry.
E-Commerce to Power Walmart Sales in 2019
"No doubt we are in a transformational period of history. Our future is looking more digital," says CEO Doug McMillon.
Best Buy 4-Year Outlook Disappoints Investors
The retailer's stock has fallen 8.3% over the past two days amid concerns it will gain market share and pass through earnings from expected sales growth.