General Electric CEO John Flannery said in an earnings call today that he was “deeply disappointed” in big liabilities found over on the company’s insurance side. GE actually sold off this business – insurance for long-term care – years ago. But turns out it’s still liable for billions of dollars’ worth of policies. Click the […]
Delta Air Lines released its latest earnings report this morning, sharing just how much money it made during the last few months of 2017. The company beat Wall Street expectations, earning 96 cents per share. The airline has laid out some lofty goals to push its profit margin higher and contain costs this year. The […]
Earnings are out this today for the Campbell Soup Company, and investors are likely to hear more about the company’s move toward plant-based foods. Not only has the company been buying up specialty companies like juice maker Bolthouse Farms, but last month Campbell’s joined a new trade group, the Plant Based Foods Association. What’s behind […]
Walmart is expected to release third quarter earnings today. Its stock has been trading lately at an all-time high. The retail giant’s biggest challenge is taking on the online retail space … and, at the same time, sustaining profits. Click the audio player above to hear the full story.
