Insurer Travelers Companies Inc's quarterly profit beat analysts' estimates on Thursday, as improved underwriting and lower catastrophe losses offset a decline in net investment income, sending its shares to a more than one-year high.
Bank of America Corp forecast that net interest income would rise half as fast this year after reporting first-quarter revenue on Tuesday that fell short of expectations.
Citigroup Inc reported higher-than-expected earnings on Monday despite declining revenue as the New York-based lender cut costs, grew its investment-banking business and expanded net-interest margin.
April 12 JPMorgan Chase & Co posted a
better-than-expected quarterly profit on Friday, easing fears
that slowing economic growth could weigh on its results.
National Beverage Corp's Chief Executive has blamed "injustice" for lower sales of its fruit-flavored LaCroix sparkling water and likened brand management to caring for a "handicapped" person.
March 8 National Beverage Corp's shares
sank 20 percent on Friday after it reported dismal sales, as
questions over ingredients used in its LaCroix sparkling water
begin to crimp its popularity.
As retail casualties such as Sears or Toys 'R' Us kept piling up, costly real estate often got the blame for traditional retailers' struggle to keep up with e-commerce rivals.
Kraft Heinz Co shares fell to a record low on Friday a day after the food company disclosed a $15 billion write-down on its marquee brands, raising concern that years of rigorous cost cutting have eroded the value of its Kraft cheeses and Oscar Mayer deli meats. | Video
Feb 22 Kraft Heinz Co shares fell 20
percent on a slew of bad news, mainly centering on a
multi-billion dollar write-down, which had investors wondering
if years of rigorous cost cuts came at the expense of losing the
value of its marquee Kraft and Oscar Mayer brands.