Month: July 2018
Kansas City Southern Q2 earnings tops estimates
Railroad operator Kansas City Southern (KSU) reported 16% jump in earnings, which topped analysts forecasts, aided by the strong performance…
OPINION: See the full picture before bashing Elon Musk
Tesla chief and eccentric billionaire Elon Musk has been in the news recently for all the wrong reasons. His involvement…
Merck joins pharma giants in lowering drug prices
The latest pharma giant to bow to Trump’s pressure on drug price is Merck (MRK). The company announced on Thursday…
North America upswing lifts Schlumberger’s Q2 profit
The oilfield service sector continues to benefit from the rising crude prices, which has been encouraging petroleum companies to ramp…
General Electric posts adjusted EPS of $0.19 for Q2; beats estimates
Industrial conglomerate General Electric (GE) reported its second-quarter earnings before the bell today. The company reported a beat on revenue…
Unshaken by Android fines, Alphabet stands tall ahead of earnings
Though Google parent Alphabet (GOOG, GOOGL) has long been ramping up its non-core businesses, programmatic advertising and mobile search continue…
Costco stock flies to yearly high on comps run
The shares of Costco Wholesale (COST) touched a new yearly high of $218.20 on Thursday, with few analysts touting the…
Skechers stock slips 23% on weak guidance
Shares of the footwear giant Skechers plummeted more than 20% in the extended hours of trading due to weak guidance.…