Vodafone shares drop 4% after record 11,000 jobs cut as CEO says telco ‘must change’
Vodafone said it would cut 11,000 jobs over three years, out of a total headcount of just over 100,000.
The retailer's fourth-quarter results were mixed, but we have more conviction in Costco's appeal to shoppers.
Shares of H&M tumbled 7% on Thursday after the world's second-largest listed fashion retailer posted a miss on operating profit.
Olive Garden parent Darden Restaurants reported weaker-than-expected earnings and revenue for its fiscal first quarter.
Our companies' performances were reflective of the S&P 500 firms in aggregate.
Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings.
Oracle is projecting higher revenue and capital expenditures as its cloud-computing arm grows.