American Express 2Q Profit Tops Street
American Express reported a better-than-expected second-quarter profit on higher spending that was complimented by an increase in loan provisions and fewer write-offs.
EBay Earnings Climb Almost 145%
EBay Inc. on Wednesday cited a strong performance by its marketplaces business as a key reason why it reported a fiscal second-quarter profit of $692 million, or 53 cents a share, on $3.4 billion in revenue.
Qualcomm Forecast Misses Expectations
Qualcomm Inc. issued a forecast for the September quarter that came in below analysts' projections on Wednesday afternoon, along with its results for the June period.