Airline start-up led by JetBlue founder Neeleman orders 60 Airbus jets
Indicating the entry of one more airline company into the American aviation industry, European aircraft maker Airbus received a massive...
Earnings
United Airlines Q2 results top estimates amidst rising fuel costs
United Airlines parent United Continental Holdings (UAL) reported its quarterly results after the closing bell. Thanks to strong travel demand,...
CSX Corp posts upbeat Q2 2018 results
CSX Corp (CSX) on Tuesday posted earnings of $1.01 per share on revenue of $3.10 billion, beating estimates. 25 analysts...
Microsoft earnings preview: Expect thunderstorms out of the cloud
Microsoft (MSFT) is set to report its fourth quarter and full-year 2018 results on Thursday after the closing bell. The...
Motorola bags 5-year US Army contract capped at $495 million
The US Army awarded Motorola Solutions (MSI) a five-year IDIQ contract capped at $495 million to upgrade its global mission-critical...
Deal Alert: Walmart, Microsoft find a common enemy in Amazon
Less than a week after striking a crucial deal with data-warehousing start-up Snowflake Computing to offer the latter’s service on...
FCC raises concerns over Sinclair-Tribune transaction
The ambitious merger between the most diversified local TV station operators, Sinclair (SBGI) and Tribune Media (TRCO) is in jeopardy...
Earnings Preview: Low valuation makes eBay stock a safe investment
For most e-commerce companies, business growth depends a lot on their ability to fight against Amazon (AMZN) effectively, and eBay...
Goldman Sachs tops estimates; profit jumps 44%
Multinational investment banking titan Goldman Sachs (GS), which named its operating chief David Solomon as successor to executive chief Lloyd...
Strong pharma business aids in Johnson & Johnson’s Q2 beat
Healthcare giant Johnson & Johnson (JNJ) reported a beat on both the top and bottom line expectations as it posted...
UnitedHealth Group reports Q2 earnings above estimates
UnitedHealth Group (UNH) reported revenues of $56.1 billion for the second quarter of 2018, a 12% increase year-over-year. Net earnings...
Earnings Preview: What to expect from United Airlines Q2 2018 results?
United Airlines parent firm United Continental (UAL) is scheduled to report its second quarter earnings tomorrow after the closing bell....
Netflix stock slides on disappointing subscriber growth in Q2
Shares of Netflix (NFLX) fell sharply on Monday after the streaming giant reported lower than expected subscriber growth for the...
Bank of America posts EPS of 63 cents in Q2
Bank of America (BAC) reported second-quarter earnings of $6.8 billion, or $0.63 per share in Q2, topping market consensus as...
BlackRock tops Q2 earnings expectation
Asset manager BlackRock (BLK) topped analysts’ earnings estimate during Q2 2018, even as revenue growth came in line with the...
Bank stocks JPMorgan and Citi fail to impress on earnings day
JPMorgan Chase & Co (JPM) on Friday posted an upbeat profit on revenue in line with analyst consensus. However, this...
DOJ unwilling to let go, plans appeal against AT&T-Time Warner deal
The US Department of Justice will appeal against the approval of AT&T’s (T) acquisition of Time Warner (TWX). Following a...
Infosys misses Q1 earnings estimates; maintains FY19 outlook
Software services company Infosys (INFY) reported a marginal decline in its earnings for the first quarter of 2019, missing the...
Wells Fargo slides after missing Q2 earnings
Banking giant Wells Fargo (WFC) reported downbeat results both on earnings and revenue front amid the pressure from the federal...
Citigroup earnings beat view; stock dips on revenue miss
Investment banking firm Citigroup (C) Friday came out with mixed results for the second quarter, when earnings rose sharply and...
PNC tops Q2 earnings estimate on higher NII
PNC Financial Services (PNC) reported strong Q2 2018 results. The company smashed past consensus estimates on both the top and...