KeyCorp beats in Q2 helped by loan growth
Regional bank KeyCorp (KEY) posted earnings of $0.44 a share in the second quarter, topping analysts’ estimate of $0.42 a...
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Another Chinese e-commerce firm readies for US listing
Alibaba’s (BABA) dominance in the e-commerce space in China has lately been rattled by numerous domestic rivals, primarily Pinduoduo. While...
U.S. Bancorp tops Q2 earnings estimate
Minneapolis-based U.S. Bancorp (USB) reported Q2 profit that beat analysts estimate. Revenue, however, didn’t meet the consensus estimate. During the...
Abbott posts 17% sales growth for Q2; beats estimates
Healthcare giant Abbott Laboratories (ABT) reported its quarterly results for its second quarter of 2018 today before the opening bell....
Morgan Stanley shares surge after Q2 earnings beat
Shares of Morgan Stanley (MS) rose in the pre-market hours Wednesday after the company smashed past analysts expectations during Q2...
Texas Instruments CEO Brian Crutcher quits over violation of code of conduct
Texas Instruments (TXN) reported that its CEO Brian Crutcher has resigned on the grounds of violating company’s code of conduct....
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...
Meet the new Goldman Sachs chief: DJ D-Sol
Along with its quarterly earnings report, banking giant Goldman Sachs (GS) today announced the appointment of its new CEO David...
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...
Elon Musk needs to invent something to keep his own mouth shut
Elon Musk seems to have a problem with everything. Be it the American media or the Thai rescue mission, the...
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...
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...
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...
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...
JPMorgan reports solid results for Q2 2018; beats analyst expectations
JPMorgan Chase & Co. (JPM) reported revenues of $27.8 billion for the second quarter of 2018, in line with analyst...
Tesla’s ambitious plans for Model 3 and Gigafactory 3
Tesla (TSLA) achieved its production goal of 5,000 units a week for its Model 3 cars by the end of...
Broadcom turns to software with odd $19-billion deal
Raising many an eyebrow, Broadcom (AVGO) announced that it would buy CA Technologies (CA) for $18.9 billion in cash. This...
Delta overcomes fuel woes; Q2 results beat street view
Benefitting from a record increase in revenues aided by broad-based traffic growth, aviation firm Delta Airlines (DAL) reported better-than-expected earnings...
American Airlines’ downbeat outlook leaves airline sector in the red
American Airlines (AAL), which carried above 198 million passengers in 2017 and holds “the largest airlines of the US” title...