Month: November 2018
Companies reporting earnings this week: Nov 5-9
A slew of major companies are reporting earnings this week. Generic drugmaker Mylan Inc. (MYL) will announce third-quarter earnings on…
Q1 2019 Earnings Preview: What will happen to Twenty-First Century Fox under Disney?
Twenty-First Century Fox, Inc. (FOXA) has ushered in quite an era of news and entertainment in the US. However, on…
Earnings Preview: All eyes on Qualcomm to take on Apple’s chip
Chipmaker Qualcomm (QCOM), with its robust streak of beating earnings estimates, will report quarterly results on Nov 7, Wednesday after…
European banks clear stress test, but Barclays shocks
On Friday, the European Banking Authority (EBA) published the results of the 2018 stress tests, which showed that all the…
Symantec Q2 results beat amid strong demand for cybersecurity tools
Bouncing back after its dismal performance in the recent quarters, cybersecurity firm Symantec Corp. (SYMC) posted stronger-than-expected results for the…
Eight importers get respite from the US to resume Iran oil trade
The United States of America on Friday announced that it would temporarily allow eight importers to resume buying Iranian oil…
European competition threatens AbbVie’s run of top-selling Humira
US pharma giant AbbVie Inc (ABBV) cut its overseas sales forecast on Friday for its offering Humira, on expected pricing…
Key management comments from Apple Q4 2018 earnings conference call
Apple (AAPL) shares plunged 7% on Thursday during after-market trading after the company reported fourth quarter results. Even though it…
Earnings Preview: Strength in offerings will drive growth for CVS Health
CVS Health Corporation (CVS) is scheduled to report earnings results for the third quarter of 2018 on Tuesday, November 6,…
Earnings preview: Mixed sentiment ahead of US Foods Holding’s Q3 report
Foodservice distributor US Foods Holding (USFD) is all set to announce results for the most recent quarter, after reporting downbeat…