T-Mobile profit jumps, beats estimates; subscriber additions cited
T-Mobile US Inc first-quarter revenue and profit jumped from a year earlier, beating Wall Street’s estimates, the company said on Thursday, citing competitively priced wireless plans that enabled it to substantially boost the number of net new phone su…
Ford first-quarter profit beats Wall Street view, more confident of stronger 2019
Ford Motor Co on Thursday posted a better-than-expected first-quarter as pickup truck sales remained strong in its core U.S. market and the company expressed greater confidence in its forecast that 2019 would bring better results than last year.
Amazon profit trounces estimates, sales forecast muted
Amazon.com Inc on Thursday trounced first-quarter profit estimates on soaring demand for its cloud and advertising services, but a weak forecast renewed concern that the company would spend away part of its windfall on larger investments this year.
Starbucks raises full-year profit forecast, shares rise
Starbucks Corp raised its full-year profit forecast and reported quarterly profit and same-store sales that beat Wall Street estimates on Thursday, helped by higher prices of its coffees and ramped up delivery options in the United States.
Intel cuts full-year revenue forecast, shares fall
Chipmaker Intel Corp INTC.O forecast current-quarter revenue below analysts’ estimates and cut full-year outlook on Thursday, sending its shares down 7 percent and sparking worries that an industry-wide slowdown could persist until the end of 2019.
Facebook users care less about privacy than regulators
Facebook Inc is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter.
T-Mobile beats estimates on higher phone subscriber additions
T-Mobile US Inc beat Wall Street’s first-quarter estimates for revenue and profit on Thursday, as it added more than expected net new phone subscribers who pay a monthly bill due to its competitively-priced wireless plans.
S&P 500 dips slightly as industrials weigh
The S&P 500 ended Thursday’s session slightly lower as a dive in industrials stocks and concerns about slowing global growth overshadowed gains in Facebook Inc and Microsoft Corp.
T Mobile, Sprint face new FCC questions on tie-up
T-Mobile US Inc and Sprint Corp executives this week urged senior U.S. regulators to approve the proposed tie-up, saying the combined company would have the incentive to slash prices, according to a filing on Thursday.
Southwest Airlines says bookings strong even as 737 MAX grounded
Southwest Airlines Co forecast better-than-expected second-quarter revenue growth on Thursday, citing demand from leisure and business customers, even though it is uncertain when its grounded Boeing 737 MAX jets will return to service.
