Tag: Financial Performance

EBay earnings beat expectations, but forecast underwhelms

EBay Inc. exceeded expectations with its financial results Wednesday but its shares fell 5.3% in after-hours trading after the company’s forecast for the holiday period came up short. The e-commerce company posted third-quarter income from continuing operations of $283 million, or 43 cents a share, down from $605 million, or 86 cents a share, in […]

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Visa tops earnings expectations, boosts dividend

Visa Inc. topped earnings expectations for its latest quarter but shares dipped 2.7% in the aftermarket session as the company issued a revenue outlook that struck one analyst as conservative. Results from the payments giant continued to reflect a spending rebound, with Chief Financial Officer Vasant Prabhu highlighting healthy domestic spending and a “faster-than-anticipated recovery […]

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Holiday earnings forecasts have been lumps of coal so far, and here come the biggest ones

Holiday earnings forecasts are disappointing investors so far, and the biggest boxes under Wall Street’s tree are coming this week. So far in earnings season, a dozen S&P 500 SPX, -0.11% companies have issued earnings guidance, and eight of them have come in lighter than expected. Investors have punished those companies — such as Intel […]

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This state has the biggest labor shortage — and one of the lowest unemployment rates

Labor shortages are most prevalent in Nebraska and least prevalent in Hawaii, according to a first-of-its-kind Labor Department report published Friday as employers across the U.S. struggle to fill job openings. In August, when 8.4 million Americans were unemployed, there were 10.4 million job openings, according to data from the Bureau of Labor Statistics. That […]

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