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Month: February 2019

Johnson & Johnson buys Auris Health to boost medical devices business

Establishing its foray into robotic health products, pharmaceutical giant Johnson & Johnson (JNJ) on Wednesday announced it was acquiring California-based…

Despite Q4 loss, Diebold Nixdorf surges on upbeat sales and outlook

After plunging to a yearly low ($2.41) in December end, Diebold Nixdorf (DBD) stock jumped today on reporting upbeat Q4…

Earnings preview: Duke Energy to benefit from higher electricity rates in Q4

After a challenging season marked by weather-related disruptions, Duke Energy (DUK) will be publishing its fourth-quarter results Thursday before the…

Chipotle Mexican Grill stock soars to 3-year high

Chipotle Mexican Grill Inc. (NYSE: CMG) stock soared to a 39-month high of $612.60 on Tuesday. Investors turned methodical on…

Forty countries back UN draft regulation on braking systems

The UN Economic Commission for Europe (UNECE) on Tuesday announced that 40 countries — including The European Union and Japan…

Exelixis tops bottom and topline targets for Q4, stock rises

Exelixis (EXEL) reported Q4 earnings of 37 cents per share and revenue of $228.6 million that beat analysts’ views. Analysts…

Akamai Technologies stock gains after Q4 results top expectations

Shares of Akamai Technologies (AKAM) gained about 2% Tuesday after the cloud services provider reported stronger than expected earnings and…

Groupon’s stock tumbles 11% after Q4 earnings miss estimates

Groupon Inc.’s (GRPN) shares fell 11% in aftermarket hours on Tuesday after the company missed earnings estimates for the fourth…

Activision Blizzard swings to profit in Q4, but misses estimates

Activision Blizzard (ATVI) swung to a profit in the fourth quarter from a loss last year, helped by lower costs…

Twilio stock in red on weak earnings guidance despite Q4 top line beat

Twilio (NYSE: TWLO) fourth-quarter earnings came in line with estimates while revenue surpassed street estimates comfortably. Yesterday, Twilio’s stock hit…