Month: January 2019
Shaw Communications stock jumps on upbeat Q1 earnings
Shaw Communications Inc. (SJR) reported a 68.5% jump in earnings for the first quarter helped by continued growth in Wireless,…
Aviation slowdown might catch up with United Airlines in fourth quarter results
United Airlines parent United Continental Holdings (UAL) has been having a good run so far, but the slowing trend in…
Citigroup Q4 revenue drops on weak bond trading; earnings beat
Citigroup (C) reported an increase in fourth-quarter earnings, which also exceeded market expectations, mainly reflecting the bank’s cost-cutting initiatives. Revenues,…
Earnings preview: JPMorgan will brave global headwinds in Q4
JPMorgan Chase (JPM) is scheduled to report fourth-quarter results on Tuesday, January 15, amidst high global economic tension and increasing…
Delta Air Lines stock might see further slide after posting fourth-quarter results
The past two months have been rough on Delta Air Lines (DAL) after shareholders punished the stock on dismal expectations…
Huawei remains in spotlight, but for all the wrong reasons
It seems there is no end in sight for the controversies surrounding Chinese tech company Huawei. While security agencies for…
Companies reporting earnings this week: Jan 14 – 18
A slew of major companies are reporting earnings this week. The third largest US bank, Citigroup (C) will announce fourth-quarter…
Apple is introducing three new iPhones but is that enough?
Apple Inc. (AAPL) is coming up with three new iPhones in 2019, and one of them will be an XR…
GM to take on Tesla in the EV market with Cadillac brand
Cadillac will be General Motors’ (GM) flagship brand for electric vehicles, the company announced in a press release on Friday.…
GM’s bullish view on restructuring, profitability sends stock soaring
In an indication that the ongoing restructuring program is progressing as planned, General Motors (GM) Friday released a bullish outlook…