Novavax announced that it will delay the submission of its Covid-19 vaccine to the Food and Drug Administration for emergency use authorization until its fourth quarter. Shares of the biotechnology company slipped 10% after the bell. The company has filed for regulatory approval in India, Indonesia and the Philippines. Plans to submit the vaccine for
Earnings
In this article Packs of Beyond Meat plant-based burger patties are displayed for sale. Paul Yeung | Bloomberg via Getty Images Beyond Meat on Thursday reported a wider-than-expected loss as higher costs and investments in its business weighed on margins. The company also expressed caution for the second half of the year, citing the delta
In this article NCLH The Norwegian Dawn cruise ship arriving in the French Mediterranean port of Marseille, July 27, 2021. Gerard Bottino | SOPA Images | LightRocket | Getty Images Norwegian Cruise Line reported mixed second-quarter results on Friday ahead of its first cruises in the U.S. since last year. Shares of the company fell
In this article 941-HK 728-HK 762-HK A mobile phone shows Huawei app interface. Huawei unveiled HarmonyOS, its own operating system in 2019. In June 2021, the company launched the operating system on a smartphone for the first time. Costfoto | Barcroft Media | Getty Images The chairman of Huawei said the Chinese technology company’s “aim
In this article DRLCO-DK A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Maersk, the world’s largest container shipping firm, has posted a sharp increase in second-quarter earnings as congestions and bottlenecks continue to drive up shipping rates. The company on Friday reported earnings
In this article W A Wayfair employee works at his desk at the Boston headquarters of Wayfair on July 31, 2018. Suzanne Kreiter | Boston Globe | Getty Images Furniture seller Wayfair reported second-quarter earnings on Thursday that topped analyst estimates, but its revenue fell short. Shares of the company rose nearly 7% in premarket
In this article UBER Uber beat estimates on the top and bottom line and turned an unexpected one-time profit during the second quarter. Shares dipped more than 4% in after-hours trading. Here’s how Uber did, compared with expectations of analysts surveyed by Refinitiv: Earnings per share: 58 cents vs. an expected loss of 51 cents
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy reported better-than-expected second-quarter results after the bell on Wednesday, but it gave guidance for the current quarter that suggests the pandemic-fueled commerce boom may be stalling. The stock slid as much
In this article GM General Motors Co. Chevrolet Traverse sports utility vehicles (SUV) sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, on Friday, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images General Motors is set to report its second-quarter earnings Wednesday morning. Here’s what Wall
In this article LYFT Lyft reported second-quarter earnings on Tuesday, easily beating on both the top and bottom lines. The company also beat Wall Street expectations for active riders. Lyft stock was up more than 1% in after-hours trading. Here are the key numbers: Loss per share: 5 cents vs 24 cents per share expected in
In this article SEDG A Solarpro employee installs a SolarEdge Technologies Inc. inverter at a residential property in Sydney, Australia, on Monday, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images Shares of SolarEdge jumped nearly 12% during premarket trading on Tuesday after the company topped expectations during the second quarter and provided an
In this article HSBA-GB Pedestrians wearing protective masks walk past a logo displayed at a HSBC bank branch in the central district of Hong Kong. Roy Liu| Bloomberg | Getty Images HSBC is scheduled to release its financial report card for the first half of 2021 at 12 noon Hong Kong/Singapore time on Monday. Analysts
Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin. The results are a marked improvement from the same period last year when demand was ravaged
The Shell logo is displayed in front of a Shell gas station on July 30, 2020 in San Rafael, California. Royal Dutch Shell reported second quarter adjusted earnings of $638 million compared to a net profit of $3.5 billion one year earlier. Justin Sullivan | Getty Images LONDON — Oil giant Royal Dutch Shell on
In this article YUM Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Thursday reported quarterly earnings and revenue that topped analyst predictions as same-store sales grew at all
In this article AMZN Amazon shares fell more than 6.8% in extended trading on Thursday after the company reported its first revenue miss in three years and gave weak third-quarter guidance. Here’s how the company did: Earnings: $15.12 vs $12.30 per share, according to analysts surveyed by Refinitiv Revenue: $113.08 billion vs $115.2 billion, according
In this article KMB PG View of Dawn dish soap liquid at Stop & Shop Supermarket. Ron Adar | LightRocket | Getty Images Procter & Gamble is set to report its fiscal fourth-quarter earnings results before the market opens on Friday. Here’s what Wall Street is anticipating, based on a survey of analysts by Refinitiv:
In this article QSR-CA Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York, U.S., November 6, 2019. Brendan McDermid I Reuters Restaurant Brands International on Friday reported quarterly earnings and revenue that topped Wall Street’s expectations, fueled in part by strong growth
In this article PYPL The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal shares fell as much as 8% in extended trading on Wednesday after reporting second-quarter revenues that were weaker than analysts had expected. Here’s how the company did versus expectations: Earnings per share:
In this article PINS Ben Silbermann, co-founder, chairman and CEO of Pinterest, speaks in front of the company’s logo at the New York Stock Exchange (NYSE), during the company’s IPO on April 18, 2019 in New York City. Johannes Eisele | AFP | Getty Images Pinterest shares fell more than 17% in after-hours trading Thursday
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