Month: August 2018
Earnings Preview: CVS Health could turn active in Q2
CVS Health (CVS) is expected to post earnings for the second quarter on Wednesday before the market opens. Analysts expect…
Tesla fast-tracks China launch, starts hiring
A week after CEO Elon Musk reaffirmed that Tesla (TSLA) would turn profitable by the next quarter, the electric car…
Office Depot posts Q2 earnings of 5 cents vs expectation of 3 cents
Office Depot (ODP) Tuesday reported second-quarter results that surpassed analysts’ estimate on both the top and bottom lines. During the…
Peace: Cisco, Arista settle patent infringement lawsuit
The patent infringement dispute between network technology companies Cisco Systems (CSCO) and Arista Networks (ANET) took a turn for the…
Twilio stock surges on Q2 earnings beat, strong guidance
Cloud communications platform Twilio Inc. (TWLO) turned to profit in the second quarter from a loss last year helped by…
All eyes on the next Apple iPhone, but delay on the cards
Apple (AAPL) is widely expected to release three iPhone models this year, including an update to the iPhone X, a…
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…
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…