Earnings preview: Snap shares likely to slide after Q2 results
It’s been an abysmal quarter for social media companies so far, with two industry giants – Facebook (FB) and Twitter...
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Earnings Preview: Bausch Health looks for cure in Q3
Valeant Pharmaceutical (VRX) that changed name and ticker in mid-July to Bausch Health Companies (BHC) is expected to report its...
Rite Aid narrows earnings outlooks ahead of Albertsons vote
Shares of the drug retailer Rite Aid Corp (RAD) tanked on Monday after the company narrowed its fiscal 2019 earnings...
Earnings Preview: Box office at center stage when Disney reports Q3 results
A lot has changed at Walt Disney (DIS) ever since it released the second-quarter results a few months ago, and...
First glance at Facebook Dating
Almost three months after Facebook (FB) announced its plans to launch a dating application at the F8 event, the company...
Didi Chuxing pumps in $1 billion into car services unit
The latest move by Chinese ride sharing platform Didi Chuxing indicates that the company has no plans of dumping its...
New Goldman CEO picks Jim Esposito as co-head of equity division
After reporting excellent earnings and revenue numbers for the second quarter, Goldman Sachs (GS) is taking forward the management reshuffle...
Tyson Foods Q3 profit tops estimates
Tyson Foods (TSN) reported a 21% jump in earnings for the third quarter as strong sales from Beef and Prepared...
Indra Nooyi steps down as PepsiCo CEO; Ramon Laguarta to succeed
PepsiCo’s (PEP) Indra Nooyi stepped down as the company’s CEO on Monday and the Board of Directors elected Ramon Laguarta...
Is McDonald’s stock an attractive long-term investment?
From cleaning fluid in latte to drug in soda, McDonald’s (MCD) has been making news for all the wrong reasons...
Tesla and BMW are not rivals, but role models to each other
During the second quarter earnings conference call on Wednesday, Tesla (TSLA) chief Elon Musk confronted a tricky question – whether...
Bonding with the dragon in times of trade war
As the trade standoff between the world’s largest economies keeps intensifying with every passing day, there are growing concerns about...
MoneyGram stock hits new yearly low after weak outlook
MoneyGram International (MGI) stock hit a new yearly low of $5.86 on Friday after showing signs of weakness in revenue...
5G smartphone is here, but 5G isn’t
Lenovo-owned Motorola has launched what it claims to be the first 5G smartphone. Moto Z3 along with the magnetic 5G...
GE employee steals confidential files, hides them in a picture of sunset
General Electric Company (GE) received a rude shock after one of its employees was arrested for stealing confidential information. Chinese-American...
Why $1 trillion is just a pit stop for Apple
When a decade ago PetroChina hit the magic number of $1 trillion, management and shareholders raved. However, the celebration was...
Job growth slows in July; Unemployment rate near historic low
A day after the Federal Reserve sounded caution on the rising inflationary pressure, there is some encouraging news from the...
Oil price: Uncertainties rife in the long-term
Oil prices saw an initial drop before steadying on Friday while long-term factors point to further pressures in the market....
Groupon shares fall as Q2 results miss analysts estimate
Shares of Groupon (GRPN) fell 7% during the pre-market trading after the company reported second-quarter results as it missed analysts...
Kraft Heinz stock jumps as Q2 results beat street view
An uptick in overseas sales pushed up Kraft Heinz’ (KHC) adjusted earnings in the second quarter, which also came in...
DISH Network reports solid Q2 earnings growth; beats estimates
DISH Network Corp. (DISH) beat analyst estimates on profit numbers for the second quarter of 2018. Revenues came in ahead...