, with adjusted quarterly profit of 11 cents per share. The mobile payments company's revenue was also above analysts' forecasts. The stock, however, is coming under pressure due to a lower-than=expected current-quarter outlook, with transaction volume in a downward trend.
Fitbit lost an adjusted 15 cents per share for its latest quarter, 7 cents a share less than analysts had predicted. The fitness device maker's revenue came in above Wall Street estimates as it sold 2.9 million of its wearable devices during the quarter.The casino operator lost 32 cents per share for the first quarter, wider than the 18 cents a share loss Wall Street was expecting. Revenue came in above estimates, however, and Caesars said it saw a 5.8% rise in Las Vegas market business.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves midday: 3M, UPS, Microsoft & moreThese are the stocks posting the largest moves midday Thursday.
Source: CNBC - 🏆 12. / 72 Read more »
Ford surpasses Tesla in market cap, as old and new automaker stocks diverge post earningsFord's big gains after its first quarter earnings lead the 116-year-old automaker to pass the market capitalization of Elon Musk's struggling electric car maker Tesla. The value of Tesla shares has fallen roughly 30% this year.
Source: CNBC - 🏆 12. / 72 Read more »
3M, the company that makes Scotch tape, is cutting 2,000 jobs3M, the company that makes Post-It notes and Scotch tape, is cutting 2,000 jobs around the world That won't stick Are Romy and Michelle safe? I won't be surprised if they have decided to outsource the manufacturing to China😢
Source: CNN - 🏆 4. / 95 Read more »
3M stock tumbles after company reports lower-than-expected earnings and cuts 2019 guidance3M reported a lower-than-expected quarterly profit this morning, and announced it will lay off 2,000 workers worldwide. Many of us think that all our crypto assets are secured and exchange where we keep our hardly earned money is very secured. Think again ! Be smart get best hardware wallet ever made Ledger Nano X. Buy now at discounted price
Source: CNBC - 🏆 12. / 72 Read more »
3M’s shares on verge of worst day since 1987 stock-market crashShares of 3M Co. plunge toward biggest one-day decline in over 30 years, after the industrial, health care and consumer products company reported missed... Should be an interesting day for amazon Friday if is anywhere close to right
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow on track for triple-digit loss after worse-than-expected 3M earningsStocks struggled for direction at the opening bell as the tech-sector's gains led the Nasdaq higher even as disappointing earnings from 3M Co. dragged the... Trump economy coming right up!!
Source: MarketWatch - 🏆 3. / 97 Read more »