Financial Performance

Aetna easily exceeds 2Q expectations

Aug 2, 2018

Aetna is posting strong profit numbers, easily beating second-quarter expectations on Wall Street

Tesla burns $739.5 million in cash on way to record 2Q loss

Aug 2, 2018

Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars

Caesars Entertainment stock tumbles on Las Vegas outlook

Aug 1, 2018

Caesars Entertainment's stock fell sharply after the casino titan said it expects weak results in the current quarter because of fewer scheduled events and lower room rates in Las Vegas

The Latest: Tesla posts $717.5M 2Q loss, burns $739.5M cash

Aug 1, 2018

The Latest: Tesla loses $717.5M in 2Q, burns through $739.5M cash

Prada ready-to-wear pushes up 1st-half profits by 11 percent

Aug 1, 2018

Fashion house Prada says a strong acceleration in ready-to-wear sales has pushed first-half profits up by 11 percent as the fashion house returned to revenue growth

Ferrari stock dives after CEO says targets 'aspirational'

Aug 1, 2018

Shares in sportscar Ferrari have tanked after the new CEO told analysts that a revenue target set by the later former CEO, Sergio Marchionne, was "aspirational.''

Italian bank Intesa SanPaolo sees earnings rise

Aug 1, 2018

Italian bank Intesa SanPaolo says its second-quarter profit rose by nearly 11 percent as the bank pushed into wealth management and further cut costs

Restaurant Brands: 2Q Earnings Snapshot

Aug 1, 2018

Restaurant Brands: 2Q Earnings Snapshot

Volkswagen sees profit rise but warns on trade disputes

Aug 1, 2018

Volkswagen says its earnings rose in the second quarter on record sales and fatter profit margins. But it also warned that "growing protectionism" is a threat to the globally connected car industry.

Apple shares rise on pricey iPhones; no tariff impact yet

Aug 1, 2018

Shares of Apple rose nearly 3 percent Tuesday after it reported third-quarter results that beat expectations, largely driven by the rising sale price of iPhones.

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.

Contact us: sales@thebudgetreport.com