Month: December 2018
Beverage industry stays on growth path as cola giants tweak product line
A recent survey showed that the value of the American soft drink industry is set to cross $350 billion by…
Qualcomm unveils first 5G smartphone prototype at Snapdragon summit
“We are months away from launching 5G.” Addressing a crowd of experts and journalists at the Snapdragon Technology Summit, Qualcomm…
Xcel Energy rolls out most ambitious plan to-date
Xcel Energy (XEL) announced its goal to deliver 100% carbon-free electricity to its customers in the eight states that it…
December so far: A quick look at the stock market on a non-trading day
Since the stock market trading has been suspended for the day, here’s a recap of December so far. A flattening…
Toll Brothers stock falls on weak orders and outlook, despite Q4 beat
Shares of luxury homes builder Toll Brothers (TOL) fell sharply after the company reported a marked decline in new orders…
MongoDB stock rises on upbeat Q3 results, guidance
MongoDB Inc. (MDB) reported a wider loss in the third quarter as higher costs and operating expenses overshadowed the 57%…
Hewlett Packard Enterprise tops Q4 estimates, maintains FY19 outlook
Hewlett Packard Enterprise (HPE) reported its fourth quarter of 2018 earnings after the bell. The company posted earnings of $0.45…
Logistics giants face turbulence as Amazon Air spreads wings
Amazon’s (AMZN) evolution into a diversified conglomerate has been marked by several surprises, and the rapid growth of Amazon Air…
The winners of US-China trade war resolution
Markets, both in the US and China, warmly welcomed the temporary hold on new tariffs after President Donald Trump and…
Five major companies that were hit by data breaches in 2018
Data breaches tend to affect a company’s finances, reputation and stock. Here are five leading companies which were impacted by…