Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview in New York, US, on Tuesday, March 19, 2024. Jeenah Moon | Bloomberg | Getty Images Bank of America on Tuesday posted first-quarter results that topped analysts' expectations for profit and revenue on stronger-than-expected...
Trump’s immigration policy is weighing on beer sales, Constellation Brands CEO says
Bottles of Corona beer, the flagship brand of Grupo Modelo are displayed in this illustration taken in Monterrey, Mexico, February 18, 2025. Daniel Becerril | Reuters President Donald Trump's tariffs aren't the only presidential policy that is weighing on Constellation Brands. Along with tariffs on Mexican imports, his hardline...
Walgreens tops estimates as drugstore chain cuts costs, prepares to go private
Walgreens on Tuesday reported fiscal second-quarter earnings and revenue that topped expectations, as the retail drugstore giant benefits from cost cuts and prepares to go private. The company is in the process of being taken private by Sycamore Partners in a roughly $10 billion deal that is expected to...
Cramer’s week ahead: Banks kick off critical earnings season
After President Donald Trump's new tariffs crushed global stocks for a second consecutive day, CNBC's Jim Cramer said next week's earnings reports will provide a first look at how CEOs are dealing with the fallout. Big bank earnings headline the upcoming week, alongside inflation data. No matter what the...