X

Month: August 2018

Apple chief Tim Cook has a tough job but it comes with perks too!

Apple (AAPL) CEO Tim Cook took charge of the tech giant in 2011 and he is about to get amply…

Ford is recalling 50,000 electric and hybrid vehicles

Faulty charging cables that catch fire on overheating have forced Ford Motors (F) to recall over 50,000 of its electric…

Huawei, ZTE face 5G bans in Australia

Australia has banned Huawei Technologies Co. and ZTE Corp. from taking part in the country’s 5G wireless technology development efforts…

Twitter brings cheer to esports fans with Overwatch deal

After tapping the potential of live streaming service successfully, Twitter (TWTR) is currently busy giving a new perspective to creative…

Saudi Aramco IPO: Canceled or not?

Ever since the end of last year, reports of Saudi Aramco canceling its decision to float shares have been taking…

The Children’s Place gains on upbeat Q2 results, strong outlook

The Children’s Place’s (PLCE) second-quarter earnings dropped 48% from the previous year quarter when it got an income tax benefit.…

Hormel’s stock tumbles after Q3 revenues miss expectations

Hormel Foods Corporation (HRL) missed analyst expectations on revenues for the third quarter of 2018 but posted EPS in line…

Look out Tesla, Volkswagen gets a massive EV order

Opening up a battlefield in the EV space, Volkswagen just received a massive order of 1,600 all-electric trucks from Brazilian…

L Brands stock dips on weak profit outlook

L Brands (LB) reported a 29% dip in earnings for the second quarter due to higher costs and expenses. The…

Alibaba rises on Q1 revenue beat, despite China concerns

E-commerce giant Alibaba Group (BABA) wrapped the June quarter with broad-based revenue growth, sending the company’s stock higher in premarket…