Month: November 2018
Applied Materials Q4 earnings in line with estimates, stock drops on weaker outlook
Applied Materials (AMAT) reported fourth quarter 2018 earnings after the market closed today. The company posted EPS of $0.97, meeting…
A look at Ford versus GM in the world of autonomous vehicles
Autonomous vehicles are the rage and almost all the major car companies are investing in it. This group includes Ford…
FDA adds restrictions on sale of e-cigarettes
The US Food and Drug Administration (FDA) is bringing new restrictions to the sale of e-cigarettes to put an end…
Arena Pharmaceuticals soars on the $1.2 billion deal with United Therapeutics
Arena Pharmaceuticals (ARNA) inked a deal with United Therapeutics (UTHR) to sell and develop its Phase 3 investigational drug candidate…
NetEase Q3 profit dips 39% but beats estimates
China’s internet and online game services provider NetEase Inc. (NTES) reported a 39% dip in earnings for the third quarter…
Haunted by wildfire lawsuits, PG&E faces fresh trouble after California fire
Rarely do businesses get so severely rattled by accidents as Pacific Gas and Electric Company (PCG) did after the California…
‘Model 3 killers’ coming from all sides, yet the Tesla EV may emerge unscathed
Tesla (TSLA) had reported stellar earnings in the third quarter, with average Model 3 production roughly 4,300 units per week.…
Manchester United surprises with Q1 profit
The highest valued soccer club in the world, Manchester United (MANU), Thursday surprised investors by posting first-quarter adjusted earnings of…
J.C. Penney stock dips after weak Q3 results
J.C. Penney Company Inc. (JCP) reported a wider loss in the third quarter due to lower sales and a 5.4%…
Walmart tops Q3 earnings estimates; revises guidance
Walmart Inc. (WMT) surpassed market expectations on earnings for the third quarter of 2019 but revenues came in shy. The…