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Month: November 2018

Earnings: Plug Power shrinks Q3 loss as revenue beats estimates

Hydrogen fuel cell maker Plug Power Inc (PLUG) posted its third-quarter earnings result before the opening bell on Thursday, November…

Johnson Controls Q4 revenue tops estimates; earnings in-line

Johnson Controls International plc (JCI) reported revenue that topped analysts’ expectations while earnings came in line with estimates for the…

Lenovo benefits from premium laptops as quarterly profit soars

Hong-Kong listed Chinese laptop maker Lenovo (HK:0992) saw second-quarter profit jump 21% to $168 million as premium PC sales lifted…

Take-Two Interactive rebounds in Q2 on stable demand; stock gains

Gaming company Take-Two Interactive (TTWO) turned to profit in the September quarter from a loss last year, aided by a…

Roku stock falls despite better-than-expected Q3 results

Shares of Roku Inc. (ROKU) fell sharply Wednesday despite the TV streaming platform reporting a narrower net loss and higher…

Coty shares tumble 24% on supply chain woes

Multinational beauty company Coty Inc (COTY) reported a bigger-than-expected decline in first-quarter sales, hurt by supply chain disruptions in Europe…

Activision Blizzard: Maybe Diablo Immortal is not that bad

Activision Blizzard (ATVI) has had a tough week. The company faced severe backlash from the gaming community after unveiling its…

SEC fines Citibank for mishandling American Depository Shares

The US Securities and Exchange Commission (SEC) finally caught up with the Citibank (C) and fined them $38 million for…

Mark Zuckerberg is busy tackling Russian hackers; declines to meet UK lawmakers

While Facebook (FB) chief Mark Zuckerberg has every right to think he has done his bit by plugging the social…

Who is David Einhorn and why is he aggressively shorting Tesla?

During the earnings conference call of Greenlight Capital Re Ltd (GLRE) on Tuesday, hedge fund manager and revered investor David…