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Latest North America news

1st May
Restaurant Brands’ Q1 revenue declines 3% as sales plunge at Tim Hortons
1st May
Apple’s cash reserves drop to £153.47 billion at the end of the second quarter
1st May
Amazon drops 5% on lower than expected earnings in the first quarter
1st May
US Treasury and SBA lock big banks out of PPP loan program, for now
30th April
Qualcomm tops analysts’ estimates for earnings and revenue in the second quarter
30th April
Tapestry swings to a net loss of £541 million in Q3 as COVID-19 closes its retail stores
30th April
Comcast’s profit slumps 40% in Q1 due to Coronavirus restrictions
30th April
Facebook’s revenue climbs 18% in the first quarter
30th April
Tesla jumps 9% as the company records a £12.83 million profit in the first quarter
30th April
Microsoft’s quarterly sales rise 15% as the company cites minimal COVID-19 impact in Q3
29th April
General Electric posts an 8% lower revenue in Q1 due to Coronavirus restrictions
29th April
Hasbro swings to £56.05 million net loss in Q1 due to Coronavirus restrictions
29th April
Southwest Airlines breaks its streak of quarterly profits since 2011 as Coronavirus weighs on demand
29th April
Caterpillar falls short of analysts’ estimates for earnings and revenue in Q1
29th April
Ford Motor swings to £1.61 billion loss in Q1 due to Coronavirus pandemic
29th April
Starbucks global same-store sales slump 10% in Q2 on COVID-19 shutdowns
29th April
JP Morgan seeks up to £8 billion for Alternative Investments
29th April
Alphabet jumps over 7% on stronger than expected revenue in the first quarter
28th April
Merck & Co. reports a 10% higher profit in Q1 on solid demand for its cancer drug
28th April
Pfizer jumps 2% in premarket trading on an upbeat financial report
28th April
PepsiCo tops analysts’ estimates for earnings and revenue in the first quarter
27th April
Regeneron and Sanofi’s arthritis drug shows no benefit in non-critical COVID-19 patients
27th April
British Petroleum amends its £4.5 billion Alaska agreement following a crash in oil prices
27th April
Armstrong World Industries records worse than expected earnings and revenue in Q1
26th April
Tesla asks some of its Fremont factory employees to return to work next week
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