Month: October 2018
Colgate-Palmolive sinks after revenues miss estimates
Colgate-Palmolive Company’s (CL) shares dropped over 5.7% during pre-market hours on Friday after the company, despite meeting earnings expectations, missed…
Snap Q3 loss narrows on higher revenue; stock falls on user slump
A further dip in user count weighed down on Snap’s (SNAP) stock after the company reported a narrower net for…
Intel Q3 profit jumps 42%, beats estimates
Semiconductor giant Intel (INTC) reported a 42% jump in earnings for the third quarter as strength across businesses and strong…
Alphabet shares fall after earnings beat estimates but revenues miss mark
Alphabet Inc. (GOOG, GOOGL) topped market estimates on earnings for the third quarter of 2018 but revenues came in a…
Affordability takes a beating as home prices, mortgage rate zoom
A key area of the economy that remained subdued this year is the housing sector, even while overall growth gathered…
Facebook ‘slapped on the wrist’ for Cambridge Analytica in the UK
Facebook Inc. (FB) was handed a fine of $645,000 by the Information Commissioner’s Office (ICO) in the UK over the…
Merck Q3 profit beats estimates
Pharma giant Merck (MRK) swung to a profit in the third quarter from a loss last year, driven by lower…
Tesla Q3 earnings call: Key comments from Elon Musk, other executives
Tesla (TSLA) stock on Wednesday soared over 12% during after-market hours, after the company achieved profitability during the third quarter,…
Celgene plunges to new 52-week low despite beating Q3 estimates
Celgene Corp. (CELG) reported better-than-expected profit and revenue numbers for the third quarter of 2018 on strong product sales. Revenue…