eBay stock falls on weak guidance, despite Q2 earnings beat
Online marketplace eBay reported second-quarter results amidst its much-hyped summer sale that coincided with Amazon’s (AMZN) Prime Day event. Earnings...
ADVERTISEMENT
728×90 Ad
News
In-line outlook, cloud revenue push IBM shares up after Q2 results
Earnings of technology conglomerate IBM (IBM) rose 3% in the second quarter, as strong cloud revenue lifted the top line....
Kinder Morgan Q2 profit tops estimates
Kinder Morgan (KMI) reported its second-quarter results after the closing bell. The company’s earnings topped analyst estimates as profits jumped...
American Express misses on topline; Shares fall 3%
American Express Company (AXP) reported revenues of $10 billion for the second quarter of 2018, an increase of 9% from...
General Electric earnings preview: Investors are stoic!
For most investors, General Electric (GE) stock is money down the drain. Even the most optimistic GE bulls have started...
Earnings preview: Honeywell might prevail despite the tariff war
Honeywell International Inc. (HON) is set to report its second-quarter 2018 earnings this Friday. After reporting better-than-expected results and raising...
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...
BJ’s Restaurants stock dines to yearly high ahead of Q2 results
BJ’s Restaurants (BJRI) stock skyrocketed to reach a new 52-week high of $63.70 on Wednesday. Like Darden Restaurants (DRI) reported...
Housing starts hit 9-month low as construction slump deepens
The construction sector, which is currently going through a challenging phase, has been the main drag on the economy since...
Walmart plans launch of video streaming service to compete with Netflix
Walmart Inc. (WMT) is planning to launch its own video streaming service to compete with streaming giant Netflix Inc. (NFLX)...
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...
W.W. Grainger lifts forecast after upbeat Q2 results
W.W. Grainger (GWW) reported a 142% jump in earnings for the second quarter driven by higher sales, strong operating expense...
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....
EU regulators ask Google to pay $5-billion fine for Android abuse
The ongoing crackdown against technology firms by various regulatory agencies, amidst concerns of data security and monopolization, indicates the tech...
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...
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...
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....
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...
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...
Booking Holdings invests $500 million in Didi Chuxing
Didi Chuxing has quite a few plans going on. The Chinese ride-hailing firm secured an investment of $500 million from...