Earnings
This week: Home prices, Walgreens earnings, June jobs report

The Associated Press Jun. 28, 2021 01:00 AM EDT
A look at some of the key business events and economic indicators upcoming this week: HOT HOT HOT The S&P CoreLogic...

FILE - This Aug. 8, 2017 file photo shows the Nike logo at a store in Miami Beach, Fla. Nike’s shares are soaring before the opening bell Friday, June 25, 2021, as the footwear and clothing company posted record fiscal fourth-quarter sales in North America and gave a better-than-anticipated full-year revenue forecast. (AP Photo/Alan Diaz, File)
Nike shares surge premarket on N. American sales, outlook

By Michelle Chapman Jun. 25, 2021 08:54 AM EDT

FILE - In this Thursday, May 6, 2021, file photo a FedEx driver delivers a cart of packages, in New York. Package delivery companies like FedEx have been in high demand during the pandemic, as more people stayed home and shopped online. At the same time, FedEx has been delivering COVID-19 vaccines. (AP Photo/Mark Lennihan, File)
FedEx posts profit as online shopping boom continues

By Joseph Pisani Jun. 24, 2021 04:56 PM EDT

FILE - In this Wednesday, May 12, 2021, file photo, the Carnival Cruise ship "Liberty" is docked at Port Canaveral, Fla. Carnival Corp. continues to lose billions while it waits for cruising to recover from the pandemic. Carnival said Thursday, June 24, that it lost $2.1 billion in its latest quarter. (Joe Burbank/Orlando Sentinel via AP)
Carnival loses $2.1 billion waiting for cruising to resume

Jun. 24, 2021 12:50 PM EDT

Washington state revenues continue to rise above projections

By Rachel La Corte Jun. 23, 2021 03:04 PM EDT
OLYMPIA, Wash. (AP) — An increase in sales tax revenue that came as people bought more durable goods during the COVID-19 pandemic led to another positive...

FILE - In this Jan. 29, 2021 file photo, people embark on a dinner dhow cruise after sunset with a view of the city skyline and a sign promoting Dubai, in Dubai, United Arab Emirates. Dubai's sovereign wealth fund announced Tuesday, June 22, 2021, a net loss of $5.1 billion over the past year, highlighting the toll that the coronavirus pandemic has wrought on the company's vast assets and the uncertainty around the emirate's post-pandemic recovery. (AP Photo/Kamran Jebreili, File)
Dubai investment arm posts $5.1 billion loss amid pandemic

By Isabel Debre Jun. 22, 2021 06:08 AM EDT

Gambling revenues continue to rise at Massachusetts' casinos

Jun. 17, 2021 06:20 PM EDT
BOSTON (AP) — Massachusetts' casino industry continues to rebound after being shut down during the early months of the coronavirus pandemic. ...

Nebraska tax collections surge past expectations in May

Jun. 15, 2021 11:08 AM EDT
Nebraska collected $297 million more in tax revenue in May than expected, according to figures released Tuesday. The Nebraska Department of...

Virginia tax coffers continue to overflow; surplus expected

Jun. 12, 2021 01:14 PM EDT
RICHMOND, Va. (AP) — Virginia state government continues to bring in more revenue than expected, with a new report showing the state has brought in more than...

Campbell Soup, Comtech fall; Merck, Vertex rise

Jun. 09, 2021 04:17 PM EDT
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: United Natural Foods Inc., down $6.36 to $34.26. ...

Tax revenues exceed projections in April

Jun. 08, 2021 01:14 PM EDT
BISMARCK, N.D. (AP) — State tax revenue exceeded projections in April, according to new data released by state budget officials. ...

FILE - In this April 27, 2021, file photo, Wisconsin Gov. Tony Evers speaks with media at a news conference in Madison, Wis. Wisconsin's state budget is projected to see "unprecedented" revenue growth of $4.4 billion above previous estimates by the middle of 2023, news delivered Tuesday, June 8, that led to Evers calling for more spending on education and other areas while Republicans urged caution and promised tax cuts. (AP Photo/Scott Bauer File)
'Unprecedented' revenue growth forecast for Wisconsin budget

By Scott Bauer Jun. 08, 2021 12:05 PM EDT

FILE - In this Wednesday, March 24, 2021 file photo, mid-sized pickup trucks and full-size vans are seen in a parking lot outside a General Motors assembly plant where they are produced in Wentzville, Mo. General Motors says efforts to manage the global computer chip shortage have worked better than expected, so it’s financial results will improve over previous forecasts. The company says in a statement Thursday, June 3, it has made engineering changes, prioritized semiconductor use and pulled some potential deliveries into the second quarter. (AP Photo/Jeff Roberson, File)
GM lifts forecast as chip shortage eases, stock hits record

By Tom Krisher Jun. 03, 2021 10:25 AM EDT

In this photo provided by the New York Stock Exchange, trader Ashley Lara works on the floor, Tuesday June 1, 2021. Stocks were mostly higher Tuesday morning as investors returned from a three-day holiday weekend in the U.S, helped by economic data that showed manufacturing growing steadily as the coronavirus pandemic wanes in the U.S. (Nicole Pereira/New York Stock Exchange via AP)
Stocks off to a mixed start despite gains in tech sector

The Associated Press Jun. 02, 2021 03:04 AM EDT

FILE - This April 18, 2019, file photo shows a sign for Zoom Video Communications ahead of their Nasdaq IPO in New York. Zoom is still booming, raising prospects that the video-conferencing service will be able to sustain its momentum, even as the easing pandemic lessens the need for virtual meetings. Some signs for optimism emerged in the company’s latest quarterly earnings report released Tuesday, June 1, 2021, fueling a modest rally in the company's recently slumping stock. (AP Photo/Mark Lennihan, File)
Zoom's boom continues in 1Q, raising post-pandemic hopes

By Michael Liedtke Jun. 01, 2021 05:10 PM EDT

A sign for a Best Buy store is displayed Friday, Feb. 26, 2021, in Salem, N.H. Best Buy Co. is raising a key sales annual forecast after the nation’s largest consumer electronics chain posted better-than expected first-quarter results boosted by stimulus payments and continued nesting at the home. (AP Photo/Charles Krupa)
Best Buy raises 2021 comparable store sales expectations

By Anne D'innocenzio May. 27, 2021 11:28 AM EDT

A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, May 27, 2021. Asian shares fell Thursday, as investors watched for signs of inflation and awaited U.S. economic data expected later in the day. (AP Photo/Lee Jin-man)
Asian shares slip with eyes on inflation, US economy

By Yuri Kageyama May. 26, 2021 01:47 AM EDT

Hawaii panel forecasts more tax revenue this fiscal year

By Audrey Mcavoy May. 25, 2021 11:07 PM EDT
HONOLULU (AP) — Hawaii's Council on Revenues on Tuesday sharply increased its tax revenue forecast for the state to reflect rebounding spending by residents...

This May 3, 2021 photo shows a woman playing a slot machine at the Hard Rock casino in Atlantic City N.J. On Monday, May 24, 2021, New Jersey gambling regulators released figures showing that the Atlantic City casinos' first quarter earnings more than tripled this year compared to the same period last year, when the COVID19 pandemic wiped out half of March.(AP Photo/Wayne Parry)
Atlantic City 1st quarter casino earnings more than triple

By Wayne Parry May. 24, 2021 02:54 PM EDT

Michigan tax revenues are $3.5B higher than past estimate

By David Eggert May. 21, 2021 11:59 AM EDT
LANSING, Mich. (AP) — Michigan's main funds will take in an estimated $3.5 billion more in taxes than previously forecast thanks to increased consumer spending...