Best Buy Q1 Results Top Estimates, Reiterates FY20 Outlook

Electronics retailer Best Buy Co., Inc. (BBY) reported Thursday a 27 percent increase in profit for the first quarter from last year, which was impacted by restructuring charges, and higher revenues. Both adjusted earnings per share and revenues for the quarter topped analysts’ estimates. The company also provides guidance for the second quarter and reiterated its outlook for the full-year 2020.
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TJX Companies Boosts FY20 Outlook As Q1 Results Top Estimates – Quick Facts

Off-price retailer TJX Companies, Inc. (TJX) reported Tuesday a decline in profit for the first quarter from last year. However, both earnings per share and sales for the quarter topped analysts’ expectations. The company also raised its earnings outlook for the full year 2020.
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New York Times Q1 Results Top Estimates

The New York Times Co. (NYT) on Wednesday reported a 37.6 percent increase in profit for the first quarter from last year. Quarterly revenues increased 6.1 percent as growth in subscription and other revenue offset a slight decline in advertising revenue. Both adjusted earnings per share from continuing operations and quarterly revenues topped analysts’ expectations.
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Stocks Move Mostly Lower On Disappointing Alphabet Results – U.S. Commentary

After initially moving in opposite directions, stocks have moved mostly lower over the course of morning trading on Tuesday. The major averages have all slid into negative territory, with the Nasdaq and the S&P 500 pulling back off yesterday’s record closing highs.
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PepsiCo Q1 Results Top Estimates, Reaffirms FY19 Outlook

Snack and beverage giant PepsiCo Inc. (PEP) on Wednesday reported an increase in net income for the first quarter, reflecting higher revenues. Both adjusted earnings per share and net revenues for the quarter beat analysts’ estimates. The company also reaffirmed its earnings and organic revenue growth outlook for the full-year 2019.
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Badger Meter Q1 Profit Surges, But Results Miss Estimates – Quick Facts

Badger Meter Inc. (BMI), a provider of flow measurement, control, and communication solutions, on Wednesday reported a surge in profit for the first quarter from last year as a decline in sales was more than offset by lower costs and expenses. However, both revenue and earnings per share for the quarter missed analysts’ expectations.
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Netflix surges ahead of quarterly results report; Disney in focus

Shares of Netflix jumped 3 percent on Tuesday ahead of the streaming video service’s quarterly results, with traders expecting a larger than normal reaction from the stock as new competition looms from Walt Disney Co.


Reuters: Business News

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Behind the homeland security shakeup: This prez demands results

It’s hard not to have sympathy for outgoing Homeland Security Secretary Kirstjen Nielsen. She was battered by the left as the face of last year’s family separation policy and hampered by ­adverse court rulings that pushed back against administration policies. She also found herself on the receiving end of President Trump’s anger over the failure…
Opinion | New York Post

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NYCers let us weigh their bags — the results will make your back hurt

Spine specialist Dr. Charla Fischer recommends keeping your bags at 3 pounds or under to prevent back pain and injuries, but for many in NYC the suggestion is too good to be true. Armed with a scale, we caught up with six city dwellers and asked about everything that’s weighing them down. Lee Dauria, 25,…
Living | New York Post

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Experts call for halt to gene editing that results in ‘designer babies’

Top scientists and ethicists from seven countries on Wednesday called for a global moratorium on gene editing of human eggs, sperm or embryos that would result in genetically-altered babies after a rogue Chinese researcher last year announced the birth of the world’s first gene-edited twins.


Reuters: Science News

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Atlas Air Worldwide Q4 Results Beat View – Quick Facts

Atlas Air Worldwide Holdings Inc. (AAWW) on Tuesday reported that its net income for the fourth quarter rose to $ 210.97 million from $ 209.45 million in the year-ago period. However, earnings per share declined to $ 2.73 from $ 6.71 last year on higher number of weighted average shares.
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Trump in ‘very good health overall,’ according to annual physical results

President Donald Trump, 72, is in “very good health overall,” according to results from his physical examination, which were released on Thursday.


CNN.com – RSS Channel – Health

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GM Turns To Profit In Q4; Results Beat Estimates

General Motors Co. on Wednesday reported a profit for the fourth quarter, compared to a loss in the year-ago period that included a non-cash charge related to the U.S. tax reform. Both revenue and adjusted earnings per share for the quarter beat analysts’ estimates. The automaker’s shares are rising almost 4 percent in pre-market activity.
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Procter & Gamble Q2 Profit Up 28%; Results Beat View

Consumer goods giant Procter & Gamble Co. on Wednesday reported a 28 percent increase in profit for the second quarter from last year, when results were impacted by a charge related to the U.S. tax reform. Both revenue and core earnings per share for the quarter beat analysts’ estimates. Looking ahead, the company affirmed its outlook for fiscal 2019 earnings.
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Johnson & Johnson Q4 Results Top Estimates

Johnson & Johnson (JNJ) Tuesday reported a profit for the fourth quarter, compared to a loss last year. The year-ago quarter’s results included the impact of a hefty charge related to the U.S. tax reform. Quarterly sales increased 1.0% from the prior year. Both adjusted earnings per share and quarterly sales topped analysts’ expectations.
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Congo court upholds Felix Tshisekedi’s election win despite leaked data that suggests results were rigged

Opposition candidate, Martin Fayulu, immediately declared himself president and said the court’s decision was “nothing more than a constitutional coup” while calling for “peaceful protests.”
World

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ITG To Be Acquired By Virtu Financial; Q3 Results Beat View – Quick Facts

Investment Technology Group Inc. (ITG), an agency broker and financial technology provider, said that Virtu Financial, Inc. (VIRT) has agreed to acquire all outstanding shares of ITG’s common stock for $ 30.30 per share in cash. ITG also reported third-quarter financial results that beat analysts’ estimates.
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The Daily Show with Trevor Noah

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CNN.com – RSS Channel – HP Hero

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Caution grips European stocks ahead of U.S. mid-term results

European shares ended a choppy session in negative territory on Tuesday as investors punished companies like Zalando that missed expectations and remained cautious while waiting for the results of U.S. mid-term elections.


Reuters: Business News

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MSNBC’s test ‘misfire’ airs results in Florida race for governor a day early

MSNBC called the race early – by a day. The cable news channel got ahead of itself Monday evening when it put a graphic onscreen showing the results of the Florida governor’s race – roughly 24 hours before polls in the Sunshine State even closed. The graphic showed Democrat Andrew Gillum defeating former GOP Rep….
Media | New York Post

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GM Stock Surges As Q3 Results Beat View

Automaker General Motors Co. on Wednesday reported a turnaround to profit in the third quarter on higher revenues. Both revenue and adjusted earnings per share for the quarter beat analysts’ estimates. The company’s shares are rising almost 9 percent in pre-market activity. In North America, GM reported adjusted EBIT of $ 2.83 billion.
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Daimler Q3 Results Weak; Sees Lower EBIT, Higher Revenues & Unit Sales In FY18

Shares of Daimler AG (DDAIF.PK) were gaining around 3 percent in German trading after the automaker on Thursday said it expects slight increase in fiscal 2018 revenues and unit sales. The company is also confident for the fourth quarter with continued high demand.
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Verizon Q3 Results Top Estimates

Verizon Communications Inc. (VZ) reported a profit for the third-quarter 2018 that increased 36.0 percent from last year. Total operating revenues rose 2.8 percent from last year. Both adjusted earnings per share and quarterly revenues topped analysts’ expectations. It is on track to deliver against a goal to achieve $ 10 billion in cumulative cash savings by 2021.
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Conagra Brands Q1 Results Miss View; Stock Down

Conagra Brands Inc. (CAG) reported profit for the first quarter of fiscal year 2019 that increased 16.8 percent from last year. Quarterly net sales grew 1.7%, and organic net sales, excluding the sale of the Trenton, Missouri production facility Trenton grew 1.2%, with growth in all four operating segments. Both adjusted earnings per share and revenue for the quarter missed analysts’ expectations.
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