Snap-On delivers 25% jump in Q3 net income
Tools and equipment manufacturer Snap-On (SNA) on Thursday reported 25% increase in third-quarter net income to $2.85 per share, despite...
Textron crashes after missing Q3 estimates and narrowing guidance
Textron Inc. (TXT) missed analysts’ expectations on both revenues and earnings for the third quarter of 2018 and narrowed its...
Kinder Morgan meets expectations on Q3 earnings but misses on revenues
Kinder Morgan Inc. (KMI) posted third-quarter 2018 earnings that came in line with expectations but missed the mark on revenues....
Earnings Preview: What to expect from Schlumberger’s Q3 results
Brent crude prices are hovering around $80 per barrel. In early October, it eclipsed $86 mark, recording a four-year high...
Alcoa rises on upbeat Q3 results, tightens 2018 EBITDA outlook
Aluminum giant Alcoa Corp. (AA) surpassed analysts views for third quarter revenue and earnings figures, sending the stock in the...
Crown Castle Q3 profit jumps 43%, beats estimates
Wireless communications towers operator Crown Castle International Corp. (CCI) reported a 43% jump in earnings during the third quarter as...
United Rentals stock gets battered despite Q3 earnings beat
The biggest equipment rental company, United Rentals (URI), on Wednesday beat estimates for earnings and revenue estimates for the third...
Marijuana stocks slip after legalization in Canada
After Uruguay signed a legislation to approve the sale of recreational cannabis in December 2013, Canada became the second country...
Elon Musk to buy more shares as his grip on Tesla continues to loosen
It must have been a very unpleasant experience for Elon Musk to step down as chairman of Tesla (TSLA) after he...
Netflix now leads download traffic, beats torrents and PlayStation downloads
Video takes up 58% of the total downstream volume of the internet today. And the slice of Netflix (NFLX) in...
Top Facebook investors ask for Mark Zuckerberg’s removal as chairman
Facebook’s (FB) major investors are asking for the removal of CEO Mark Zuckerberg as chairman of the board. The group...
Audi agrees to pay $926 million fine in dieselgate scandal
Three years after the emission cheating scandal rocked the auto industry, Volkswagen subsidiary Audi has now agreed to settle a...
Video Viewing – Here’s one more to the Facebook lawsuit list
Social media giant Facebook Inc. (FB) is marred litigations this year. Let’s take a look at some of the lawsuits...
Fresh hope for GE Power after Trump lobbies for major deal with Iraq
Despite the deteriorating financial health and operational challenges, General Electrical (GE) has remained buoyant about its turnaround strategy and issued...
All key comments from Netflix Q3 earnings conference call
Netflix (NFLX) on Tuesday posted yet another blowout quarterly figures, sending its stock up 10% during aftermarket trading. The streaming...
Here’s what American youngsters want in their smartphones
Smartphones have now become part of us. From an accessory, it has morphed to a necessity for some, and a...
Northern Trust stock falls on weak Q3 results
Northern Trust Corporation (NTRS) reported a 26% jump in earnings for the third quarter helped by higher net interest income,...
Abbott posts strong Q3 results, narrows full year outlook
Pharmaceutical giant Abbott Laboratories (ABT) delivered a 12% increase in third-quarter revenue to $7.7 billion, helped by a 43% increase...
Winnebago stock jumps 8% after strong Q4 results
Recreational vehicles maker Winnebago (WGO) reported strong earnings and revenue growth for the fourth quarter, supported by higher demand for...
US Bancorp stock ticks up after Q3 results beat estimates
US Bancorp (USB) beat market estimates on revenue and earnings for the third quarter of 2018, giving the stock a...
Lam Research stock rises on Q1 earnings beat
Lam Research’s (LRCX) stock increased about 4% during the extended hours of trading as the company’s first quarter results beat...