Northern Trust Corporation (NASDAQ: NTRS) reported second quarter 2020 earnings results.
Total revenue on a fully taxable equivalent remained relatively flat at $1.51 billion compared to the same period a year ago.
Net income fell 20% to $313.3 million while EPS declined 16% to $1.46.
Non-interest-related revenue grew 4% versus last year offsetting an 11% decline in net interest income reflecting the low interest rate environment.
Shares of Beyond Meat Inc. (NASDAQ: BYND) were down 4% on Wednesday. The stock has dropped 22% over the past 12 months and 16% since the beginning of this year.
The gaming industry witnessed a spike in demand after the coronavirus-related movement restrictions forced people to stay indoors. As the consumption of online content grew steadily, spending on video games
Video game company Electronic Arts, Inc. (NASDAQ: EA) reported lower earnings and revenues for the fourth quarter of 2021. Earnings also missed analysts' forecast. During the March quarter, net bookings