As third-quarter earnings season kicks off, so do worries about the outlook for next year.
Intel reported a 9% rise in quarterly earnings, as a lengthy slide in the computer market eased a bit and cloud companies stocked up on servers. Shares, though, slid after the company’s lackluster revenue outlook.
UnitedHealth Group is overcoming more than $1 billion in Obamacare losses thanks to robust growth in its Optum health services unit, the company’s third quarter earnings indicate.
The Wall Street doomsday prophets may want to revisit their crystal balls: Metals producer Alcoa Inc. launched the first quarter earnings parade -- which many analysts had worried would be a dud -- with a profit.
A sizable tax benefit padded the bottom line and higher usage of the company's equipment and aggressive cost management also boosted the company's earnings, an analyst says.