CNN's Stephanie Elam gets a look at a life-sized model of Mars rover Perseverace as NASA releases new images from its mission to Mars.
Walmart - Shares of the big box retailer dropped more than 5% after disappointing quarterly earnings. Walmart posted a loss of $2.09 billion, or 74 cents per share, from earnings of $4.14 billion, or $1.45 share, a year earlier. Its adjusted earnings came to $1.39 per share, missing analysts estimates per Refinitiv.
Shares of Deere & Co. jumped 3.5% in premarket trading Friday, after the construction, agriculture and turf care equipment maker reported big profit and revenue beats for the fiscal first quarter, citing "improving conditions" in the farm and construction sectors, and provided an upbeat full-year outlook. Net income for the quarter to Jan.
Arista Networks, the provider of cloud-based networking services for large data centers and campuses, reported fourth-quarter earnings fell 29% on 17% higher revenue. Both figures, as well as the company's first-quarter revenue estimate, were stronger than Wall Street analysts had estimated. The Santa Clara, Calif., company earned $2.31 a share against $3.25 in the year-earlier quarter.
TheStreetCheck out the companies making headlines after the bell: Tripadvisor - Shares of the travel-booking company fell 1% in extended trading following a wider-than-expected loss. Tripadvisor lost 41 cents per share in the fourth quarter, worse than a 26-cent-per-share loss forecast by Refinitiv. The company did say it sees signals of growing pent-up travel demand.
Roku Inc. delivered a surprise profit for the fourth quarter Thursday, while issuing an upbeat forecast for the current period. The company posted a fourth-quarter profit of $67.3 million, or 49 cents a share, versus a loss of $15.7 million, or 13 cents a share, a year earlier.
Bill Magness, the president and CEO of the Electric Reliability Council of Texas, explains why so many people lost power in Texas after a massive winter storm.
At the House Financial Services Committee hearing on GameStop, lawmakers aimed some of their harshest questions at Robinhood CEO Vlad Tenev.
Shares of FirstEnergy Corp. shot up 9.5% toward a seven-month high in afternoon trading Thursday, enough to space the S&P 500's gainers, as investors seemed to focus more on billionaire activist investor Carl Icahn's plan to buy a stake in the electric utility than on the company's profit and revenue miss.
NASA's Perseverance rover has safely landed on Mars after its 292.5 million-mile journey from Earth, the agency confirmed. CNN's Brooke Baldwin discusses the mission's significance with retired NASA astronaut Col. Ron Garan.
Shares of S&P Global Inc. sank 0.14% to $338.46 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.44% to 3,913.97 and Dow Jones Industrial Average falling 0.38% to 31,493.34. S&P Global Inc.
NORWALK, Conn., Feb. 18, 2021 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS) (NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has developed an application for Microsoft Teams, the business communications and collaboration platform developed by Microsoft.
GlobeNewswireFourth-quarter results from Roku, due after the close of trading on Thursday, will offer a look at how the connected-television company wrapped up a busy year, and possibly a glimpse of how management sees the post-pandemic landscape. Roku stock (ticker: ROKU) is up about 37% year to date, and 259% in the past 12 months.
By Anthony O. Goriainoff Smith & Nephew PLC said Thursday that 2020 pretax profit fell sharply on lower revenue, and that the outlook reflects the likely continuation of the effects of the coronavirus pandemic on the first half of 2021. The FTSE-100 medical-technology group said there is uncertainty regarding the pace and the timing of recovery.
Helped by its China operations, Marriott International earned an adjusted 12 cents a share in the fourth quarter, beating the FactSet consensus estimate by a penny and marking an improvement from the previous two quarters. The company, based in Bethesda, Md., lost 64 cents a share in 2020's second quarter and swung to a profit of 6 cents a share in the third quarter.
Walmart Inc. shares fell 4.9% in Thursday premarket trading after the retail giant reported a fourth-quarter earnings miss and gave weak guidance. Net loss totaled $2.09 billion, or 74 cents per share, after net income of $4.14 billion, or $1.45 per share, last year. Adjusted EPS of $1.39 missed the FactSet consensus for $1.51.
Big biopharmaceutical stocks have trailed the broader market over the past 12 months, with the S&P 500 Pharmaceuticals index up 6.2% over the past 12 months while the broader has risen 16.6%. But smaller biotech stocks have soared over the same period, with the iShares Nasdaq Biotechnology ETF (ticker: IBB) up 38%, driven by enthusiasm over Covid-19 treatments and vaccines.
By Micah Maidenberg Newmont Corp. sold less gold in the fourth quarter, but prices for the precious metal was stronger than the year before, bolstering profit. The gold miner reported net income of $764 million for the quarter, up from $561 million the year earlier. Earnings per common share increased to $1.02 from 69 cents.
Shares of Barrick Gold Corp. surged 2.9% in premarket trading, to bounce off the previous session's 10-month closing low, after the gold miner reported fourth-quarter profit and revenue that beat expectations. Net earnings were $685 million, or 39 cents a share, down from $882 million, or 50 cents a share, in the third quarter.
Fastly, the San Francisco provider of technology that speeds delivery of websites and applications to viewers and users, reported its fourth-quarter net loss widened on 40% higher revenue. The adjusted loss and revenue total were better than Wall Street analysts expected. Separately, Fastly named Brett Shirk, a longtime executive in cloud computing and online security, as chief revenue officer.
TheStreet
