A pigeon flies over a Exxon mobil gas station on October 25, 2018 in Gutenberg New Jersey. Kena Betancur | Corbis News | Getty Images Exxon Mobil reported a loss in the first quarter as oil prices dropped to historic lows. The oil giant lost $610 million in the first quarter due to writedowns tied to
Earnings
Family Dollar Store, anti-bacterial wipes and cleaning products. Jeff Greenberg | Getty Images Clorox on Friday reported that its fiscal-third quarter sales climbed 15% as consumer demand for its cleaning products soared in response to the coronavirus pandemic. Shares of the company rose 3% in premarket trading. Here’s what the company reported for the quarter
Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, June 3, 2019. Mason Trinca | Reuters Apple shares were down slightly in extended trading on Thursday after the company’s second-quarter earnings in which it reported $58.3 billion in revenue, a slight year-over-year increase, during a quarter in which supply
Comcast reported a nearly 40% drop in first-quarter profit on Thursday, despite significant bumps in its cable and broadband divisions as coronavirus restrictions kept customers at home. The company reported headwinds in its film and theme park divisions, and warned of more pressure to come as global lockdowns and economic downturns pressure profits. Shares of Comcast
McDonalds and other local stores remain shuttered due to COVID-19 at Times Square on April 13, 2020 in New York, NY. Eduardo Munoz | Getty Images McDonald’s is expected to report earnings before the bell Thursday. Wall Street is anticipating earnings per share of $1.57 on revenue of $4.65 billion, based on a survey of