Tag: expects

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UPDATE: Charles Schwab discloses SEC investigation of digital advisory business, expects to book $200 million charge in Q2

Charles Schwab Corp. SCHW, -1.05% said Friday it has been responding to an investigation by the Securities and Exchange Commission…

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Dow ends over 260 points lower after Fed shows it expects 2 rate hikes by late 2023

Stocks finished with losses, but off session lows, after the Federal Reserve on Wednesday signaled that policy makers expect rates…

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Turbo Tax maker Intuit expects to set higher fiscal 2021 guidance

Intuit Inc. INTU, +0.62% said late Tuesday it will likely surpass the high end of its fiscal 2021 full-year sales…

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Illumina stock rallies 13% after biotech says it expects Q1 sales to top $1 billion

Shares of Illumina Inc. ILMN, -0.13% jumped more than 13% in the extended session Monday after the biotech company said…

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Biden expects stimulus payouts to begin yet this month, says bill passage speeds up vaccinations

President Joe Biden, speaking Saturday after Senate passage of a COVID-19 stimulus bill, said he anticipated relief checks and deposits…

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Exxon Mobil expects to take up to $20 billion writedown in Q4

Exxon Mobil Inc. XOM, -0.91% said it expects higher oil and gas and chemical prices to boost fourth-quarter earnings, but…

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Fed’s Bullard says inflation may be stronger than Wall Street expects

Inflation may be stronger in coming quarters than Wall Street now expects, said St. Louis Fed President James Bullard on…

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Apple expects iPhone and wearables year-over-year revenue trends to weaken in June quarter

Apple Inc. AAPL, +2.11% expects year-over-year revenue performance for the iPhone and wearables segments to worsen in the June quarter…