Blackstone thrives on equity growth; Q3 results beat estimates
The persistent uptrend in the stock market in recent months pushed up Blackstone Group’s (BX) third-quarter results, which also topped…
Snap-On delivers 25% jump in Q3 net income
Tools and equipment manufacturer Snap-On (SNA) on Thursday reported 25% increase in third-quarter net income to $2.85 per share, despite…
Textron crashes after missing Q3 estimates and narrowing guidance
Textron Inc. (TXT) missed analysts’ expectations on both revenues and earnings for the third quarter of 2018 and narrowed its…
Earnings Preview: What to expect from Schlumberger’s Q3 results
Brent crude prices are hovering around $80 per barrel. In early October, it eclipsed $86 mark, recording a four-year high…
Alcoa rises on upbeat Q3 results, tightens 2018 EBITDA outlook
Aluminum giant Alcoa Corp. (AA) surpassed analysts views for third quarter revenue and earnings figures, sending the stock in the…
Crown Castle Q3 profit jumps 43%, beats estimates
Wireless communications towers operator Crown Castle International Corp. (CCI) reported a 43% jump in earnings during the third quarter as…
United Rentals stock gets battered despite Q3 earnings beat
The biggest equipment rental company, United Rentals (URI), on Wednesday beat estimates for earnings and revenue estimates for the third…
Marijuana stocks slip after legalization in Canada
After Uruguay signed a legislation to approve the sale of recreational cannabis in December 2013, Canada became the second country…
Elon Musk to buy more shares as his grip on Tesla continues to loosen
It must have been a very unpleasant experience for Elon Musk to step down as chairman of Tesla (TSLA) after he…