earnings

Triple-S Management Corporation (GTS) CEO Bobby Garcia on Q1 2020 Results - Earnings Call Transcript




earnings

Everest Re Group, Ltd. (RE) CEO Juan Andrade on Q1 2020 Results - Earnings Call Transcript




earnings

Ventas, Inc. (VTR) CEO Debra Cafaro on Q1 2020 Results - Earnings Call Transcript




earnings

Artis Real Estate Investment Trust (ARESF) CEO Armin Martens on Q1 2020 Results - Earnings Call Transcript




earnings

Marcus & Millichap, Inc. 2020 Q1 - Results - Earnings Call Presentation




earnings

Kemper Corporation 2020 Q1 - Results - Earnings Call Presentation




earnings

Cushman & Wakefield plc 2020 Q1 - Results - Earnings Call Presentation




earnings

Banco do Brasil SA (BDORY) on Q1 2020 Results - Earnings Call Transcript




earnings

NMI Holdings, Inc. (NMIH) CEO Claudia Merkle on Q1 2020 Results - Earnings Call Transcript




earnings

Greenlight Capital Re, Ltd. (GLRE) CEO Simon Burton on Q1 2020 Results - Earnings Call Transcript




earnings

General Finance Corporation (GFN) CEO Jody Miller on Q3 2020 Results - Earnings Call Transcript




earnings

Southside Bancshares, Inc. (SBSI) CEO Lee Gibson on Q1 2020 Results - Earnings Call Transcript




earnings

Kakao's Q1 Earnings Soar

Messaging app giant Kakao posted record sales in the first quarter thanks to increasing demand for services during the coronavirus epidemic.The company said Thursday that sales for January to March jumped 23 percent on-year to over W868.4 billion, and operating profit soared 219 percent to over W88....




earnings

The Quiet Revolution in Women’s Human Capital and the Gender Earnings Gap in the People’s Republic of China

Labor market discrimination is the main barrier to narrowing the gender earnings gap in the People’s Republic of China.






earnings

ASX drops 2.5pc as oil prices collapse, NAB flags $1.1b hit to earnings

Australian shares drop as US oil plunges to a 21-year low, Caltex takeover fails due to coronavirus risk, and NAB flags $1.1 billion hit to its earnings.




earnings

This university student pulls in nearly double his usual earnings thanks to JobKeeper

Thanks to a loophole in the Federal Government's JobKeeper legislation, Lewis Mullins has been earning far more than he did before the coronavirus pandemic. But the same can no longer be said for his younger colleagues.




earnings

Alexion exceeds earnings estimates but drops guidance

US drugmaker Alexion Pharmaceuticals fared better in its revenue and adjusted earnings figures in the…



  • Alexion Pharmaceuticals/Autoimmune Disorders/Biotechnology/Financial/Immunologicals/Management/Rare diseases/Soliris/Strensiq/Ultomiris/USA

earnings

Senior Executives of Auto Parts Retailer Charged with Scheme to Manipulate Corporate Earnings

Two former senior executives of CSK Auto Corp. (CSK), have been charged in a 31-count indictment for a scheme to manipulate the company’s reported earnings. The indictment, returned on April 7, 2009, by a federal grand jury in Phoenix, charges Martin G. Fraser, 53, of Glendale, Ariz., and Don W. Watson, 53, of Gilbert, Ariz., with conspiracy, securities fraud, mail fraud, false filings with the U.S. Securities and Exchange Commission (SEC), false books and records, and false statements to its auditor.



  • OPA Press Releases

earnings

U.S. Court Rejects Efforts by Schering-Plough Corporation to Repatriate $690 Million in Offshore Earnings Without Paying Taxes

A federal court in Newark, N.J., denied Schering-Plough Corp. a $473 million refund in connection with two transactions in which Schering-Plough sought to avoid taxation on $690 million in profits it repatriated from offshore subsidiaries into the United States.



  • OPA Press Releases

earnings

Former Owner and CEO of Kentucky Business Pleads Guilty for Role in Conspiracy to Inflate Personal Earnings as Part of Purchase Agreement

The founder and chief executive officer of Image Entry Inc., pleaded guilty today for his role in a conspiracy to inflate his earnings resulting from the company’s 2001 acquisition by SourceCorp Inc.



  • OPA Press Releases

earnings

Former CFO of National Auto Parts Retailer Pleads Guilty to Scheme to Manipulate Corporate Earnings

Don W. Watson, former chief financial officer (CFO) of CSK Auto Corp. (CSK), pleaded guilty today in U.S. District Court for the District of Arizona to conspiracy to commit securities and mail fraud in connection with a scheme to misstate the company’s reported earnings from 2001 through 2006.



  • OPA Press Releases

earnings

CSK Auto Corporation Agrees to Pay $20.9 Million to Resolve Violations of Securities Laws Related to Scheme to Manipulate Corporate Earnings

CSK Auto Corporation, a specialty retailer of automotive parts and accessories and formerly a publicly-traded company, has agreed to pay a $20.9 million penalty to resolve securities law violations stemming from a corporate earnings manipulation and double-billing scheme.



  • OPA Press Releases

earnings

In November jobs report, real earnings and payrolls improve but labor force participation remains weak


November's U.S. Bureau of Labor Statistics (BLS) employment report showed continued improvement in the job market, with employers adding 211,000 workers to their payrolls and hourly pay edging up compared with its level a year ago. The pace of job growth was similar to that over the past year and somewhat slower than the pace in 2014. For the 69th consecutive month, private-sector payrolls increased. Since the economic recovery began in the third quarter of 2009, all the nation’s employment gains have occurred as a result of expansion in private-sector payrolls. Government employment has shrunk by more than half a million workers, or about 2.5 percent. In the past twelve months, however, public payrolls edged up by 93,000.

The good news on employment gains in November was sweetened by revised estimates of job gains in the previous two months. Revisions added 8,000 to estimated job growth in September and 27,000 to job gains in October. The BLS now estimates that payrolls increased 298,000 in October, a big rebound compared with the more modest gains in August and September, when payrolls grew an average of about 150,000 a month.

Average hourly pay in November was 2.3 percent higher than its level 12 months earlier. This is a slightly faster rate of improvement compared with the gains we saw between 2010 and 2014. A tighter job market may mean that employers are now facing modestly higher pressure to boost employee compensation. The exceptionally low level of consumer price inflation means that the slow rate of nominal wage growth translates into a healthy rate of real wage improvement. The latest BLS numbers show that real weekly and hourly earnings in October were 2.4 percent above their levels one year earlier. Not only have employers added more than 2.6 million workers to their payrolls over the past year, the purchasing power of workers' earnings have been boosted by the slightly faster pace of wage gain and falling prices for oil and other commodities.

The BLS household survey also shows robust job gains last month. Employment rose 244,000 in November, following a jump of 320,000 in October. More than 270,000 adults entered the labor force in November, so the number of unemployed increased slightly, leaving the unemployment rate unchanged at 5.0 percent. In view of the low level of the jobless rate, the median duration of unemployment spells remains surprisingly long, 10.8 weeks. Between 1967 and the onset of the Great Recession, the median duration of unemployment was 10.8 weeks or higher in just seven months. Since the middle of the Great Recession, the median duration of unemployment has been 10.8 weeks or longer for 82 consecutive months. The reason, of course, is that many of the unemployed have been looking for work for a long time. More than one-quarter of the unemployed—slightly more than two million job seekers—have been jobless for at least 6 months.  That number has been dropping for more than five years, but remains high relative to our experience before the Great Recession.

If there is bad news in the latest employment report, it's the sluggish response of labor force participation to a brighter job picture. The participation rate of Americans 16 and older edged up 0.1 point in November but still remains 3.5 percentage points below its level before the Great Recession. About half the decline can be explained by an aging adult population, but a sizeable part of the decline remains unexplained. The participation rate of men and women between 25 and 54 years old is now 80.8 percent, exactly the same level it was a year ago but 2.2 points lower than it was before the Great Recession. Despite the fact that real wages are higher and job finding is now easier than was the case earlier in the recovery, the prime-age labor force participation rate remains stuck well below its level before the recession. How strong must the recovery be before prime-age adults are induced to come back into the work force? Even though the recovery is now 6 and a half years old, we still do not know.

Authors

Image Source: © Fred Greaves / Reuters
     
 
 




earnings

These small tech companies are soaring after crushing Q1 earnings

Investors are rewarding the likes of Chegg and Everbridge for impressive growth while other companies struggle.




earnings

Impressed by PetroChina's earnings: Barclays

Somshankar Sinha, Director, Asia ex-Japan Oil & Gas Research at Barclays, highlights the firm's lower capex spending as a key area to look out for in the year ahead.




earnings

Elon Musk says orders to stay home are 'fascist' in expletive-laced rant during Tesla earnings call

Tesla CEO Elon Musk lashed out at government stay at home orders as "fascist" in an expletive-laced rant on Tesla's Q1 earnings call.




earnings

Wedbush's Kulina: The key for big tech earnings has been signs of stabilization in April

Joel Kulina of Wedbush Securities discusses the key takeaways from Facebook, Microsoft and Tesla's earnings reports, and whether big tech companies may largely get a pass for a downturn in business in the latter part of Q1.




earnings

Jim Cramer reacts to AMD, Starbucks, Boeing, GE and Alphabet earnings reports

The "Mad Money" host offered his thoughts on each companies' latest quarterly results and recommended multiple stocks for buys.




earnings

Twitter's brief history of earnings rallies shows they often don't last

Twitter surged after a big quarterly increase in users, but history shows the social media stock's rallies don't last.




earnings

Earnings estimates are plummeting in Europe. Here's what that means for the US

Should the virus spread in the U.S. as it is spreading in Italy, U.S. earnings could see similar declines.




earnings

If you see an earnings estimate, it's probably wrong, given ongoing pandemic uncertainty

Companies have been slow to withdraw their earnings guidance, which makes estimating earnings for the S&P 500 nearly impossible.




earnings

Pandemic has companies dropping earnings guidance, and some say it should be nixed altogether

A growing number of companies has nixed earnings guidance amid the coronavirus pandemic, and some in the corporate world say they should be dropped permanently.




earnings

Halfway through one of the strangest earnings seasons ever, here's what we are learning

Most companies are not giving earnings guidance, leaving investors and analysts in the dark, yet the market is still rewarding better-than-expected results.




earnings

Steve Grasso breaks down why he bought Snap shares after earnings

Steve Grasso, managing director of Institutional Trading at Stuart Frankel & Co., picked Snap Inc. as his last chance trade on CNBC's "Closing Bell."




earnings

Cashing in on PayPal earnings

What to do ahead of PayPal earnings. With CNBC's Melissa Lee and the Options Action traders, Carter Worth, Mike Khouw and Tony Zhang.




earnings

'If you're a shareowner in Amazon, you may want to take a seat' — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response

Amazon will invest heavily in Covid-19 testing for its employees.




earnings

Disney's parks were its biggest profit-maker, now they could be its biggest drag on earnings

Last year, Disney's Parks, Experiences and Consumer Products segment was its fastest-growing profit driver. Now, it could be the company's biggest drag on earnings, thanks to the Covid-19 outbreak.




earnings

Cheesecake Factory swings to a loss as coronavirus weighs on earnings

The Cheesecake Factory swung to a loss in its first quarter as the coronavirus pandemic forced the company to close its dining rooms and furlough thousands of its workers.




earnings

Strong nutrition business lifted first-quarter earnings, DSM co-CEO says

Geraldine Matchett, co-CEO of DSM, discusses the company's first-quarter earnings.




earnings

Expecting to see earnings trough in the third quarter, Siemens CEO says

Siemens CEO Joe Kaeser discusses the impact of the coronavirus pandemic on the company's earnings.




earnings

Earnings will get a massive hit this year from the coronavirus hit: Portfolio Manager

Steven Glass of Pengana International Fund says there is a wide disconnect between fundamentals and market moves and we are currently witnessing a bear-market rally.




earnings

Coronavirus-earnings season: What to expect as companies begin to report Tuesday

Companies in every sector face challenges giving forward-looking guidance in a pandemic that remains unpredictable.




earnings

Options trader makes a big bet on volatility into CSX earnings

CSX is scheduled to report earnings after the bell on Thursday, and one trader is betting that the transport stock could be a big mover.




earnings

Apple's earnings report could lead to big gains, options trader bets

The countdown to Apple earnings is on, and one options trader is betting on a big post-earnings bounce for the tech giant.




earnings

Options traders bet on a post-earnings pop for Amazon

Is 2020 shaping up to be a rebound year for Amazon? Options traders are betting earnings could kick off a rally.




earnings

Mystery trader bets Alphabet could run 11% by March ahead of earnings

Shares of Google parent Alphabet could make meaningful strides after the technology company's Monday earnings report, according to the options market.




earnings

Options traders unsure whether Disney can deliver on earnings

Disney reports earnings after the bell on Tuesday for the first time since the launch of Disney+. Options traders aren't convinced the streaming service will propel the stock to new highs.




earnings

Apple's big run loses steam on earnings

Earnings take away from Apple's momentum. With CNBC's Melissa Lee and the Options Action Traders, Carter Worth, Mike Khouw and Tony Zhang.