First Quarter 2020
The Latest
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Exxon Mobil Set To End Five-Quarter Losing Streak
Exxon Mobil is expected to report a profit for its first quarter this year. Exxon Mobil is expected to report a profit for its first quarter this year. -
Embraer Seeking Other Partners In China And India After Failed Boeing Deal
Embraer revealed during its earnings call on Monday that it is actively looking for partners in China and India. Embraer revealed during its earnings call on Monday that it is actively looking for partners in China and India. -
Meituan Dianping Sees Slight Dip In Revenues But Prospects Still Remain Strong
Meituan Dianping reported a 12.6 percent drop in its profits for the first quarter, with the company attributing the decline to the disruptions in its partner merchants' operations. Meituan Dianping reported a 12.6 percent drop in its profits for the first quarter, with the company attributing the decline to the disruptions in its partner merchants' operations. -
Xiaomi Reports First Quarter Growth Thanks To 5G Device Sales
The company attributed its performance to the robust sales of its higher-priced 5G models and the continued growth of its overseas business. The company attributed its performance to the robust sales of its higher-priced 5G models and the continued growth of its overseas business. -
Tencent Reports Better-Than-Expected Q1 Results Amid Gaming Boom
Tencent reported a 6 percent increase in net profits for the first quarter to 28.9 billion yuan, mainly propped up by the increase in online and gaming activities amid the pandemic. Tencent reported a 6 percent increase in net profits for the first quarter to 28.9 billion yuan, mainly propped up by the increase in online and gaming activities amid the pandemic. -
Nissin Food Reports Massive Revenue Surge In China For First Quarter
Nissin's Chinese unit reported an 11 percent surge in revenues in Hong Kong and a 10.3 percent surge in revenues in mainland China for the first quarter. Nissin's Chinese unit reported an 11 percent surge in revenues in Hong Kong and a 10.3 percent surge in revenues in mainland China for the first quarter. -
Marriott International Misses Already Low Earnings Estimates For First Quarter
Marriot believes that April may have been its bottom as it is already seeing an uptick in its business, particularly in Greater China. Marriot believes that April may have been its bottom as it is already seeing an uptick in its business, particularly in Greater China. -
Uber Posts $2.9 Billion Q1 Loss
Uber reports a 50% boost in revenue for its Eats business with Rides’ falling as COVID-19 changed the landscape confronting the company. Uber reports a 50% boost in revenue for its Eats business with Rides’ falling as COVID-19 changed the landscape confronting the company. -
GM Reports 87 Percent Drop In Net Profits For The First Quarter
GM's North American operations, which had earnings of about $2.2 billion, managed to offset the $551 million loss reported by its international units for the quarter. GM's North American operations, which had earnings of about $2.2 billion, managed to offset the $551 million loss reported by its international units for the quarter. -
LabCorp Withdraws 2020 Guidance After Reporting Q1 Net Loss
LabCorp reported a net loss of $317.2 million on revenues of $2.82 billion for the first quarter of this year. LabCorp reported a net loss of $317.2 million on revenues of $2.82 billion for the first quarter of this year.