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Search resuls for: "John Lawler"


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☆ Consumer spending is slowing, but there are still pockets of strength in these three sectors
  + stars: | 2022-07-28 | by ( Robert Hum | ) www.cnbc.com   time to read: +4 min
Despite new signs of slowing consumer demand, pockets of strength remain in travel, payments and autos. "Travel demand surged in the second quarter, and thus far, strong demand trends continue in the third quarter," CEO Bob Jordan said. Credit card companies have been showing no signs of a letup in consumer spending, too. Remember, American Express reported very strong travel and entertainment spending . And here's the key line in the release from CEO Michael Miebach who said, "Increasing inflationary pressures have yet to significantly affect overall consumer spending."
☆ Earnings playbook: The investing game plan as Apple and Alphabet lead the busiest week of the season
  + stars: | 2022-07-24 | by ( Fred Imbert | ) www.cnbc.com   time to read: +20 min
Tuesday Coca-Cola is set to report earnings before the bell, followed by a conference call at 8:30 a.m. Chipotle is scheduled to report earnings after the close, followed by a conference call at 4:30 p.m. Meta is set to report earnings after the close, followed by a conference call at 5 p.m. Thursday Amazon is set to report earnings after the bell, with management slated to hold a conference call at 5:30 p.m. Friday Procter & Gamble will report earnings before the bell, followed by a conference call at 9 a.m.
☆ GM, Ford steer into the headwinds of inflation, rising rates
  + stars: | 2022-04-25 | by ( Joseph White Paul Lienert | Joseph White | Paul Lienert | ) www.reuters.com   time to read: +2 min
As for Ford, which reports results on Wednesday, Evercore said it expects a cut to the 2022 outlook. GM and Ford both must manage the costs of launching new electric vehicles. Ford will officially launch regular production of its electric F-150 Lightning pickup on Tuesday. In the United States, GM's sales for the first quarter fell by 20%. Ford's U.S. sales fell by 17% in the first quarter compared with a year ago.
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