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Quarterly reports

Tyson Foods beats profit estimates, sees lower COVID-19 costs in 2021

Tyson Foods beats profit estimates, sees lower COVID-19 costs in 2021

By: Tom Polansek, Praveen Paramasivam
Source: Reuters
Date of Publication: November 16th, 2020
Tyson Foods TSN.N beat Wall Street estimates for fourth-quarter profit on Monday, but faces rising costs for animal feed and uncertainty over labor as COVID-19 cases surge in the United States.
Uber sees slowest recovery of ride business in home U.S. market, deliveries more than double

Uber sees slowest recovery of ride business in home U.S. market, deliveries more than double

By: Tina Bellon, Akanksha Rana
Source: Reuters
Date of Publication: November 6th, 2020
Uber Technologies Inc said on Thursday demand for its food-delivery service exploded in the latest quarter, but recovery in its global rides business is being held back by its most important market, the United States.
Hershey reinstates full-year outlook after Halloween playbook pays off

Hershey reinstates full-year outlook after Halloween playbook pays off

By: Siddharth Cavale
Source: Reuters
Date of Publication: November 6th, 2020
Hershey Co HSY.N beat profit and sales estimates and reinstated its full-year financial forecasts on Friday, after early promotions and strong use of data to predict Halloween trends paid off in the third quarter, sending its shares up 3%.
Mazda posts second-quarter loss, but helped by rebound in North America sales

Mazda posts second-quarter loss, but helped by rebound in North America sales

Source: Reuters
Date of Publication: November 9th, 2020
Mazda Motor Corp on Thursday posted a 7.59 billion yen ($73.4 million) operating loss in the three months ended Sept 30 as sales contracted amid the coronavirus pandemic.
Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand

Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand

By: Hadeel Al Sayegh, Rania El Gamal
Source: Reuters
Date of Publication: November 3rd, 2020
Saudi Arabian state oil giant Aramco 2222.SE on Tuesday reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand and weigh on crude prices.
Chevron, Exxon shrink spending as coronavirus cuts demand

Chevron, Exxon shrink spending as coronavirus cuts demand

By: Jennifer Hiller, Arathy S Nair, Shariq Khan
Source: Reuters
Date of Publication: October 30th, 2020
U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the third quarter in a race to offset weak trends in fuel demand caused by the COVID-19 pandemic, though the former managed a slim profit.
AbbVie raises profit outlook on Botox recovery signs, new drugs growth

AbbVie raises profit outlook on Botox recovery signs, new drugs growth

Source: Reuters
Date of Publication: October 30th, 2020
Drugmaker AbbVie Inc ABBV.N raised its full-year profit forecast on Friday, bolstered by signs of recovery in demand for its Botox injection on easing COVID-19 restrictions and strong growth for its latest drugs, sending its shares up 6%.
Whirlpool sees strong 2020 as profit beats on pandemic boost

Whirlpool sees strong 2020 as profit beats on pandemic boost

Source: Reuters
Date of Publication: October 22nd, 2020
Whirlpool Corp WHR.N on Wednesday forecast a smaller drop in sales for the year and reinstated earnings targets after posting better-than-expected quarterly profit, as robust demand for home appliances helped it navigate the coronavirus crisis.
Southwest reports biggest ever quarterly loss on virus hit

Southwest reports biggest ever quarterly loss on virus hit

Source: Reuters
Date of Publication: October 22nd, 2020
Southwest Airlines Co LUV.N reported on Thursday a loss of more than $1 billion, its biggest ever, in the third quarter, while saying it would burn less cash in the months to come as leisure bookings show signs of recovery from this year's coronavirus-driven collapse.
AT&T takes pandemic hit, but surpasses revenue expectations

AT&T takes pandemic hit, but surpasses revenue expectations

By: Sheila Dang
Source: Reuters
Date of Publication: October 22nd, 2020
AT&T Inc on Thursday reported the coronavirus pandemic had taken a heavy toll on its media business, but quarterly results were offset by more new phone subscribers than expected, which executives credited to the improved quality of its wireless network.