Tag: Financial performance
Zoom’s boom continues in 1Q, raising post-pandemic hopes
SAN RAMON, Calif. — Zoom is still booming, raising prospects that the video-conferencing service will be able to sustain its momentum, even as the...
Best Buy raises 2021 comparable store sales expectations
NEW YORK — Three months after saying that comparable store sales may actually fall in 2021, Best Buy on Thursday released a much more...
Atlantic City 1st quarter casino earnings more than triple
ATLANTIC CITY, N.J. — The Atlantic City casinos' gross operating profit soared in the first quarter of this year to more than $95 million,...
New Mexico official takes aim at oil, gas bond requirements
ALBUQUERQUE, N.M. — New Mexico’s financial assurance requirements for oil and gas wells, pipelines and related infrastructure fall far short of what would be...
Target’s 1Q profit surges as shoppers go out and spend
NEW YORK — Target Corp. on Wednesday reported that its sales and profits surged in its fiscal first quarter thanks to shoppers eager to...
Walmart blows past expectations for the first quarter
NEW YORK — Walmart blew past Wall Street projections in the first quarter with U.S. stimulus payments to Americans helping to boost sales and...
Retailer results so far show people are going out, spending
NEW YORK — At Walmart, sales of teeth whitener are popping as customers take their masks off. So are travel items. Macy's says that...
This Week: Walmart earns, Fed meeting minutes, US home sales
A look at some of the key business events and economic indicators upcoming this week:
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UK’s fraud agency probes Gupta business links with Greensill
LONDON — Britain's Serious Fraud Office says it is investigating suspected fraud, fraudulent trading and money laundering within the business empire of Liberty Steel...
General Mills dives deeper into the pet business
SILVER SPRING, Md. — General Mills is diving further into the red-hot pet food market, acquiring Tyson Foods' animal treat business for $1.2 billion...