Month: October 2018
Twilio to purchase bulk email sender SendGrid for $2 billion
Twilio (TWLO) will acquire mass email sender SendGrid (SEND) in an all-stock transaction that is valued roughly at $2 billion.…
IBM falls 4% as revenue recovery falters in Q3; earnings beat
The persistent softness in the IBM’s (IBM) top-line performance worsened in the third quarter when revenues dropped and missed analysts’…
Google works on censored China search engine
Google (GOOGL) is in the early development stage on the censored China search engine as confirmed by executive chief Sundar…
Earnings Preview: P&G to walk a tightrope in Q1
Procter & Gamble (PG) is scheduled to announce first-quarter results on October 19 before the opening bell, amidst losing market share…
JB Hunt delivers revenue and earnings growth in Q3
J.B. Hunt Transport Services Inc. (JBHT) beat market estimates on revenue and earnings for the third quarter of 2018. After…
Walmart feels the pinch of Flipkart deal, sees softer earnings growth next year
Store operator Walmart (WMT) had encountered multiple challenges before making a full-fledged entry into the Indian market earlier this year.…
Strong earnings help Wall Street tide over Octoberphobia declines
October is one month that terrifies investors, thanks to its notorious past. Historically, this month has been the most volatile…
UnitedHealth Group boosted by solid Q3 results and updated outlook
UnitedHealth Group (UNH) reported better-than-expected results for the third quarter of 2018 and raised its earnings guidance for the full…
Infosys posts in line Q2 profit
Software services company Infosys (INFY) reported a marginal rise in earnings for the second quarter helped by higher revenue and…
BlackRock stock falls on weak Q3 revenue
Asset manager BlackRock (BLK) reported a 29% jump in earnings for the third quarter helped by higher non-operating income and…