Southwest planes sit on the runway at Fort Lauderdale-Hollywood International Airport on February 20, 2019 in Fort Lauderdale, Florida. Joe Raedle | fake pictures Southwest Airlines said Thursday it lost $ 915 million in the second quarter compared to $ 741 million in net income the previous year, and warned …
Read More »Tesla, Microsoft, Dow Futures, AT&T: 5 things you should know
Here are five things you should know for Thursday, July 23: 1. – Stock futures rise as Wall Street weighs gains, tensions between the United States and China Stock futures rose on Thursday as investors on Wall Street weighed in on the mixed earnings reports and the possibility of further …
Read More »Microsoft’s earnings beat estimates, thanks to “at home” trend
Text size Denis Charlet / AFP via Getty Images Microsoft released better-than-expected financial results for its fiscal fourth quarter as demand for its cloud-based software increased amid the pandemic-induced change to work and learn from home. For the quarter ended June 30, Microsoft (ticker: MSFT) posted revenue of $ 38 …
Read More »Coca-Cola profits are out of the way. Why an Analyst Says Buy Now
Text size Justin Sullivan / Getty Images Coca-Cola shares are rising early Wednesday morning, a day after launching better-than-expected earnings. The reason: An update from Morgan Stanley, which argues that stocks have become too cheap. Analyst Dara Mohsenian raised its rating on Coca-Cola (ticker: KO) shares to Equal Weight’s Overweight, …
Read More »HCA Hospital Chain Registers Massive Second Quarter Gains Despite Pandemic Slowdown
HCA Healthcare, the nation’s largest for-profit hospital chain, crushed Wall Street’s second-quarter profit expectations despite the coronavirus outbreak forcing hospitals to suspend elective procedures for several weeks during the quarter. The bottom line: Medical claims and revenue declined markedly among hospitals during the height of the pandemic, which has benefited …
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