Month: November 2018
Starbucks stock surges after Q4 results make an impressive brew
Starbucks (SBUX), which exhibited weak sales in the US for last few quarters, posted consolidated net revenues of $6.3 billion,…
CBS Q3 profit falls 18% but beats estimates
CBS Corp (CBS) reported an 18% dip in earnings for the third quarter due to costs relating to corporate matters,…
GoPro’s stock sinks 7% despite Q3 results beat
GoPro’s (GPRO) shares tumbled over 7% in after-market hours on Thursday despite the company reporting better-than-expected results on revenue and…
Brexit could spur interest rate hikes after holding rates at 0.75%
The UK headline interest rate is maintained as expected at 0.75% by the Bank of England. The bank projected interest…
Starbucks keen on getting its brew right during holidays
After enticing customers with its Halloween-themed frappuccino, Starbucks (SBUX) is all set to make the holiday season special for coffee…
DowDuPont surges after Q3 earnings beat but revenues miss mark
DowDuPont’s (DWDP) shares gained over 6% in morning trade on Thursday after the company topped expectations on earnings for the…
Cigna stock rises on upbeat Q3 results
Cigna Corp. (CI) reported a 38% jump in earnings for the third quarter as continued strong business growth in its…
Earnings: Spotify swings to profit in Q3, but investors irked by topline miss
Spotify (SPOT) defied Wall Street expectations of a loss in Q3 by posting a profit of €0.23 ($0.26) per share.…
Higher costs drag Marathon Petroleum Q3 earnings; stock dips
Marathon Petroleum Corp. (MPC) reported a decline in third-quarter earnings hurt by higher operating costs, despite strong revenue growth. Following…
Teva’s shares soar on better-than-expected Q3 results and higher guidance
Teva Pharmaceutical Industries Ltd. (TEVA) saw its stock gain over 6.8% during premarket hours on Thursday after the company surpassed…