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Tag: company earnings
It’s ‘too early’ to asses any potential Bud Light backlash, Anheuser-Busch CEO says
New York CNN — Anheuser-Busch InBev CEO Michel Doukeris addressed the Bud Light controversy in the company’s earnings call Thursday, saying it’s
Ford cuts price of the Mustang Mach-E again
New York CNN — Ford is once again cutting the price of its electric SUV, the Mustang Mach-E, as it ramps up
Big banks are bidding for troubled First Republic as FDIC deadline looms
New York CNN — Federal regulators are holding an auction for ailing regional bank First Republic, a person familiar with the matter
Three investors on how to protect your portfolio
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.
Big Oil faces scrutiny after making $200 billion last year
London CNN — BP (BP), Chevron (CVX), ExxonMobil, Shell and Total (TOT)Energies raked in a record $199.3 billion in profits in 2022,
Shell profits double to nearly $40 billion
Hong Kong/London CNN — Shell made a record profit of almost $40 billion in 2022, more than double what it raked in
Bank earnings fail to impress investors as recession worries rise
New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street’s forecasts
Macy’s says its holday sales will be on lower end
New York CNN — Turns out inflation may have put a damper on the holidays. Macy’s chair and CEO Jeff Gennette said
A stomach-churning year for markets in 5 charts
New York CNN — Wall Street is bidding goodbye — and good riddance — to 2022. It has been a year most
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