Mastercard stock climbs on upbeat Q1
Payment network Mastercard (MA) reported upbeat first-quarter results as more consumers bought items using credit and debit cards. In a...
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Goldman Sachs fined $110 million in Forex probe
Goldman Sachs Group Inc. (GS) has been fined $110 million over illegal information sharing by its Forex traders regarding client...
Robust iPhone sales drive Apple’s Q2 revenues past expectations
Apple’s (AAPL) revenues increased sharply in the second quarter supported by strong performance by iPhone, amidst increasing concerns over the...
Ford bids adieu to sedans in US
On the first day of October, 1908, Henry Ford unveiled the first Model T car from Piquette Avenue plant in...
Shopify stock drops despite upbeat results
E-commerce technology provider Shopify Inc. (SHOP) reported upbeat first-quarter results, helped by an increase in the number of merchants joining...
Shares fall as Pfizer misses revenue expectations
Drug giant Pfizer Inc. (PFE) posted a 1% improvement in revenues of $12.9 billion for the first quarter of 2018....
Southwest sued by a passenger post the engine debacle
A couple of weeks back, Southwest Airlines 1380 flight, which was flying to Dallas from New York, was forced to...
Marriott Vacations buys ILG to create timeshare giant
Taking cue from the renewed uptrend in the hospitality industry, which witnessed frequent turbulence in the latter part of last...
Botox, Juvederm sales lift Allergan in first quarter
Allergan plc (AGN) reported a 3% improvement in revenues to $3.7 billion for the first quarter of 2018 compared to...
Phillips 66 reports first quarter 2018 results
Energy company Phillips 66 (PSX) reported net earnings of $524 million, or $1.07 per share, for the first quarter of...
Amazon stock gains 7% after Q1 results crush street view
Amazon (AMZN) today said its first-quarter profit more-than-doubled as revenues rose sharply, supported by the cloud division, surpassing market expectations....
Nasdaq’s bullish gesture brings cheer to crypto investors
When the concept of digital currency first manifested in the form of Bitcoin nearly a decade ago, what made investors...
American Airlines’ quarterly profit crashes on fuel concerns
The world’s biggest airline American Airlines Group Inc. (AAL) reported a 45% plunge in first-quarter earnings due to higher fuel...
Restructuring costs drag GM earnings in Q1; Results beat estimates
General Motors (GM), the largest automobile manufacturer in the US, reported a decline in first quarter earnings, hurt by one-time...
PepsiCo beats market estimates with refreshing first-quarter results
Food and beverage company PepsiCo (PEP) reported first-quarter 2018 results, with earnings and revenue beating analysts expectation. The company reported...
Facebook’s first quarter earnings beat triggers stock rally
Social media firm Facebook (FB), which is embroiled in a protracted data breach scandal, posted a marked growth in first-quarter...
Yahoo slapped with $35 million fine over 2014 data breach
Yahoo (YHOO) has been slapped with a $35 million fine by the US regulators for keeping the largest data breach of...
NBCUniversal boosts Comcast’s first quarter results
Cable giant Comcast (CMCSA) today reported first quarter 2018 earnings that topped Wall Street expectations, helped by the strong performance in...
Rising prices, mortgage rates put home buyers in a tough spot
The housing sector is witnessing a mixed sentiment amidst persisting volatility in prices and interest rates. Though the positive job...
Biogen’s quarterly profit jumps but stock falls
American biotech firm Biogen (BIIB), whose shares fell nearly 16.5% this year, saw it further dip 2.4% to $259.30 in pre-market...
Verizon reports strong first quarter 2018 results
Verizon Communications Inc. (VZ) reported a 6.6% growth in consolidated operating revenues to $31.8 billion for the first quarter of...