Source: Pixabay
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Last Friday, CVS shares were up by nearly 6% at market close on the news that the company has generated higher-than-expected income after it expanded its drugstore chain business to also include health services covering all needs – from basic health insurance to COVID-19 testing. In its latest earnings call, CVS Health Corp also announced a new CEO.
Source: Dreamstime
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On Friday, shares of the multinational oil and gas company declined by 1% (53% so far in 2020) due to hindered performance, caused by crashing oil demand across the globe.
Source: Pixabay | Photographer: FirmBee
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Shares of the social media platform rose by nearly 27% this Thursday upon announcing a stronger-than-expected financial performance despite the ongoing pandemic.
Source: Pixabay | Photographer: Akela999
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Intel shares fell as much as 10% in extended trading on Thursday after the chipmaker reported fiscal third-quarter earnings that were stronger than expected, but also exposed the underwhelming performance of its data centre business.
Source: Unsplash | Photographer: Floriane Vita
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On Wednesday, one of the leading U.S. banks, Goldman Sachs, announced better-than-expected Q3 2020 results due to strong bond trading and asset management performance. Shortly after the news, the bank’s shares rose by an extra 0.6% on top of the 2.2% gains achieved in premarket trading.
Source: Dreamstime
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On Thursday, Suedzucker – the largest sugar producer in Europe, reported better-than-expected revenues for its first half of fiscal 2021 totalling €3.349 billion (last year’s profits totalled at €3.314 billion).