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Month: May 2020

Skyworks Solutions (SWKS) upbeat on growth prospects, thanks to 5G adoption

Skyworks Solutions Inc. (NASDAQ: SWKS) this week brought cheer to the market with bullish outlook on demand conditions, after reporting…

A visual representation of Activision Blizzard’s Q1 2020 earnings results

Activision Blizzard Inc. (NASDAQ: ATVI) reported first quarter 2020 earnings results today. Net revenues amounted to $1.79 billion compared to…

Virgin Galactic Holdings (SPCE) posts wider loss in Q1 on higher costs

Virgin Galactic Holdings, Inc. (NYSE: SPCE) reported its financial results for the quarter ended March 31, 2020, on Tuesday after…

COVID-19 shifts Shake Shack’s (SHAK) focus to new strategy

Shake Shack Inc. (NYSE: SHAK) took a meaningful hit to its operations from the coronavirus outbreak. The company missed the…

Alexion (ALXN) to acquire Portola (PTLA) for $1.44 billion

Alexion Pharmaceuticals (NASDAQ: ALXN) announced today that it will be acquiring commercial-stage biopharmaceutical company Portola Pharmaceuticals (NASDAQ: PTLA) for an…

Alaska Air Group (ALK) Q1 2020 earnings Infographic

Days after Warren Buffett announced that he had ditched his holding in airline stocks, Alaska Air Group (NYSE: ALK) reported…

Sysco (SYY) slips to a loss in Q3, misses estimates

Sysco Corporation (NYSE: SYY) reported its financial results for the quarter ended March 31, 2020, on Tuesday before the market…

Infographic: Highlights of Marathon Petroleum Q1 Earnings Report

Marathon Petroleum Corp. (NYSE: MPC) reported a wider net loss for the first quarter of 2020, hurt by a sharp…

Regeneron Pharmaceuticals (REGN) Q1 profit jumps 36%, beats estimates

Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) reported a 36% jump in earnings for the first quarter of 2020 helped by higher…

After weak Q1, ExxonMobil (XOM) plans cost-reduction to beat demand woes

All the leading oil companies have slashed production after industry leading energy explorer ExxonMobil (NYSE: XOM) incurred a loss in…