PepsiCo tops Q3 revenue and earnings estimates; updates outlook
PepsiCo Inc. (PEP) beat market estimates on revenue and earnings for the third quarter of 2018. Despite the positive results,…
Pfizer’s long-time CEO Ian Read to hand over reins to Albert Bourla
There were announcements from two giant companies in different sectors about the change in their CEOs Monday morning; pharma giant…
Facebook faces a fine of $1.63 billion for recent security breach
Facebook (FB) faces the possibility of a $1.63-billion fine in the European Union over its most recent security breach that…
Earnings Preview: Costco to see strength in Q4
Costco Wholesale Corporation (COST) is scheduled to report fourth-quarter 2018 results on October 4. Analysts expect the company to deliver…
John Flannery steps down as GE names new CEO and Chairman
General Electric (GE) appointed Lawrence Culp, Jr., the current board member of GE, as its new Chairman and CEO,…
Tesla soars amid SEC settlement and production optimism
Tesla Inc. (TSLA) seems to be recovering fast from its Friday fall after the settlement with the SEC and changes…
Earnings Preview: Can Pepsi beat the brew at Coca-Cola?
PepsiCo (PEP) has not been in the news recently, especially when you pit it against its main rival The Coca-Cola…
Companies reporting earnings this week: Oct 1-5
A few major companies are reporting earnings this week. HR and payroll services provider Paychex Inc. (PAYX) is set…
Musk finally concedes defeat, will step down as Tesla Chairman
Elon Musk has taken the U-turn and has given up his position as Chairman of Tesla (TSLA) after agreeing to…