Tech sector in spotlight once again as Palantir plans mega IPO
It seems the IPO fever is taking the tech sector by storm, with every other Silicon Valley start-up seeking to go public. Initial reports indicate…
It seems the IPO fever is taking the tech sector by storm, with every other Silicon Valley start-up seeking to go public. Initial reports indicate…
Danaher Corp. (DHR) reported a 16% increase in earnings for the third quarter driven by core revenue growth, solid operating margin expansion, as well as…
Nucor Corporation (NUE) beat market estimates on revenue and earnings for the third quarter of 2018, but the stock was down 2% in morning trade…
BB&T Corp (BBT) posted Q3 adjusted profit per share of $1.01 and revenue of $2.95 billion, which beat consensus views. Analysts had predicted the banking…
Novartis AG (NVS) reported a 22% dip in earnings for the third quarter due to charges from the voluntary withdrawal of CyPass, higher restructuring, and…
The persistent uptrend in the stock market in recent months pushed up Blackstone Group’s (BX) third-quarter results, which also topped analysts’ forecast. Economic net income,…
Tools and equipment manufacturer Snap-On (SNA) on Thursday reported 25% increase in third-quarter net income to $2.85 per share, despite net sales edging down 0.6%…
Textron Inc. (TXT) missed analysts’ expectations on both revenues and earnings for the third quarter of 2018 and narrowed its full-year 2018 adjusted EPS guidance,…
Kinder Morgan Inc. (KMI) posted third-quarter 2018 earnings that came in line with expectations but missed the mark on revenues. Total revenues increased to $3.52…
Brent crude prices are hovering around $80 per barrel. In early October, it eclipsed $86 mark, recording a four-year high for the crude oil. With…