Month: July 2018
Audi to debut e-tron electric SUV in September
Luxury carmaker Audi has confirmed to debut the most-anticipated all-electric “e-tron quattro SUV” on September 17 this year in San…
Fallen Angels: A look at Facebook and Twitter stock declines
Social media platforms Facebook (FB) and Twitter (TWTR) would make a good pair now. Both reported their earnings this week,…
Economy gathers steam; Q2 GDP growth is quickest since 2014
The US economy expanded at the fastest pace in about four years, in line with expectations, as households and enterprises…
Qualcomm ends two-year struggle to acquire NXP
The speculations revolving Qualcomm – NXP Semiconductors takeover has finally been put to rest after the US chipmaker officially terminated…
Shareholders overwhelmingly approve Disney-Fox merger
Clearing the way for one of the largest corporate takeovers in recent times, shareholders of Disney (DIS) and 21st Century…
Colgate-Palmolive shares dip on Q2 revenue miss
Colgate-Palmolive (CL) stock declined more than 2% during the premarket trading, after the toothpaste maker’s second-quarter sales missed analysts’ expectations,…
Rockwell Collins earnings rise in Q3, but miss estimates
Rockwell Collins (COL), a leading supplier of communications and avionics equipment, said its earnings increased in the third quarter aided…
Chevron earnings rise on production spike, but miss street view
Strong production growth and the oil price boom lifted Chevron’s (CVX) profit in the second quarter. Earnings, however, missed analysts’…