Month: October 2018
Honeywell beats earnings estimates; revises guidance
Honeywell International (HON) reported third-quarter 2018 sales that came in line with analysts’ expectations and earnings that topped estimates. After…
Skechers Q3 earnings beat on record high sales; stock jumps
Sportswear firm Skechers (SKX) Thursday said its revenues rose to a record high in the third quarter. Earnings declined modestly,…
PayPal posts Q3 EPS of $0.58, beats estimates
PayPal (PYPL) posted Q3 non-GAAP EPS of $0.58, beating analysts’ estimates of $0.54. GAAP EPS increased 17% to $0.36, while…
Activision sinks 8% as new Call of Duty misses some early shots
Continuing the rapid growth seen in recent years, gaming is probably on the fast-track to outperforming the mighty film industry…
American Express posts upbeat Q3 results
Credit card operator American Express (AXP) reported a 22% jump in earnings for the third quarter as broad-based increases in…
Microsoft’s latest update gives more power to users on app selection
Microsoft (MSFT) has offered to kill more of its own bloatware with an upcoming Windows 10 update that is dubbed…
Proteostasis Therapeutics stock skyrockets on positive trial results
Clinical stage biopharma company Proteostasis Therapeutics (PTI) announced positive preliminary results from a Phase 1 study for the treatment of…
Marijuana is the new Tesla. Here is why
The last time marijuana and Tesla (TSLA) made an appearance in the same sentence, the automaker’s stock plunged 9%. That…
Phillip Morris Q3 results beat estimates; maintains outlook
Phillip Morris International (PM) reported better-than-expected results for the third quarter sending the stock up 5% at 10:35 AM ET…
BNY Mellon tops Q3 earnings estimates; misses on revenues
The Bank of New York Mellon Corporation (BK) topped market estimates on earnings for the third quarter of 2018 but…