Risk of U.S. 'profit recession' eases as results beat forecastsThe initial earnings results of this reporting period are beating expectations by a wide margin, suggesting to some investors that the S&P 500 may be able to avoid a so-called "profit recession" this year because predicte…Read More
AmEx posts lower-than-expected first-quarter revenueCredit card issuer American Express Co's quarterly revenue missed analysts' estimates on Thursday, due to muted growth in its global merchant and network services unit.
from Reuters: Business News https://reut.rs/2KNK3h8…Read More
Pinterest, Zoom shares surge in market debuts after IPOsShares of Pinterest Inc surged almost 30 percent in their stock market debut on Thursday, valuing the online scrapbook company at around $16 billion and signaling investor appetite for new tech listings.
from Reuters: Bu…Read More
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