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Snap-On delivers 25% jump in Q3 net income

Tools and equipment manufacturer Snap-On (SNA) on Thursday reported 25% increase in third-quarter net income to $2.85 per share, despite…

United Rentals stock gets battered despite Q3 earnings beat

The biggest equipment rental company, United Rentals (URI), on Wednesday beat estimates for earnings and revenue estimates for the third…

Netflix now leads download traffic, beats torrents and PlayStation downloads

Video takes up 58% of the total downstream volume of the internet today. And the slice of Netflix (NFLX) in…

All key comments from Netflix Q3 earnings conference call

Netflix (NFLX) on Tuesday posted yet another blowout quarterly figures, sending its stock up 10% during aftermarket trading. The streaming…

Here’s what American youngsters want in their smartphones

Smartphones have now become part of us. From an accessory, it has morphed to a necessity for some, and a…

Abbott posts strong Q3 results, narrows full year outlook

Pharmaceutical giant Abbott Laboratories (ABT) delivered a 12% increase in third-quarter revenue to $7.7 billion, helped by a 43% increase…

Netflix Q3 2018 Earnings: Streaming giant triples net income

Video streaming giant Netflix (NFLX) on Tuesday after-market posted a 34% rise in third-quarter revenue just short of $4 billion,…

Strong earnings help Wall Street tide over Octoberphobia declines

October is one month that terrifies investors, thanks to its notorious past. Historically, this month has been the most volatile…

Pharmaceuticals unit lifts Johnson & Johnson results in Q3

Medical devices giant Johnson & Johnson (JNJ) reported higher revenue and income in Q3, driven by strong sales of pharmaceuticals…

Morgan Stanley Q3 2018 earnings: Stock surges as results beat estimates

It was a good earnings day for Morgan Stanley (MS) as the stock surged as the financial giant posted results…

Cancer takes Seahawks owner and Microsoft co-founder Paul G. Allen

Microsoft co-founder Paul G. Allen passed away at 65. He had non-Hodgkin lymphoma. Apart from co-founding the tech giant, Allen…

Earnings Preview: Mixed bag for Morgan Stanley this Q3

Muted trading could really affect Morgan Stanley (MS) earnings that is scheduled to release Tuesday. With slowing trading activities, revenue…

U.S. Bancorp is mixed-to-bullish ahead of Q3 earnings

U.S. Bancorp (USB), the seventh-largest US bank by assets, will report third-quarter earnings on Wednesday, October 17. The company, which…

Earnings Preview: It’s a new age for Goldman Sachs under David Solomon

This week's earnings announcement for Goldman Sachs (GS) is indeed special. It's the first time in 12 years that the…

Earnings Preview: Is Netflix still a safe bet?

The king of streaming is in a high place now. But it is not where you can't reach. While many…

A decade since 2008 financial crisis, most Americans haven’t recovered

September 15, 2018, marked a decade since the fall of Lehman Brothers, triggering a nightmare that lasted over two years.…

Citigroup posts mixed results in Q3, shares up 2%

The third largest US bank, Citigroup (C) reported third-quarter earnings that surpassed Wall Street estimates. The company reported earnings of…

The S&P 500 slide: Is it time to run to the hills?

On Wednesday, the effect of many things converged to a scary day of falls with the biggest stock selloff since…

It’s probably the best time to buy General Motors stock

Every serious investor will have a story of lost opportunity that they continue to lament over. Of course, opportunities don’t…

Three pharma stocks to buy and hold this quarter

Healthcare and pharma companies hold a lot of promise in the present landscape, where most countries have high aging demographics.…

With rising yield rates, investors might pick more equity shares

Since our coverage on the treasury yields a few days ago, the Fed has raised the 10-year yield rate to…