Tiffany disappoints, N. America hits Nike, Deutsche Bank hopes for higher revenue
Here's a look at some of the companies the Yahoo Finance team will be watching for you.
A mixed quarter for Tiffany and Co. The iconic retailer posted a stronger profit than expected but sales came in weak, driven in part by a decline in Asia and flat sales here in the U.S. Still, sales in Europe were up 5% last quarter.
North America is an issue for Nike as well. Earnings beat last quarter, and revenue was roughly in line with estimates, but sales here came in below what the street was hoping for. The company is pinning its hopes on overseas sales, with the CFO saying they're seeing "great momentum in China."
Deutsche Bank is expecting higher revenue in 2019. The German banking giant is anticipating revenue at its corporate and investment-bank division to grow slightly, pushing earnings higher this year. The firm, however, is keeping its profit target intact. This comes after UBS warned of one of the worst market environments in recent history.
The parent company of MoviePass says the return of its unlimited ticket plan is already profitable. The CEO of Helios and Matheson said "MoviePass Uncapped" is already seeing a boost in subscribers. He told TechCrunch sign-ups have increased “well over 800% in the last few days.'
