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E3 2018: Microsoft announces Xbox upgrade, game-streaming service

Though primarily a show-off gala for game developers, this year’s Electronic Entertainment Expo (E3 2018) witnessed some interesting updates from…

Broadcom reports revenue jump of 20% at $5.01 billion in Q2

Semiconductor device supplier Broadcom (AVGO), reported a year-over-year jump of 20% in its revenue to $5.01 billion topping analyst estimates,…

Delta Air Lines cuts profit outlook for the quarter

Thanks to the rising jet fuel expenses, Delta Air Lines (DAL) anticipates lower earnings in the current quarter than what…

JM Smucker stock tanks on Q4 earnings, sales miss

Shares of food and beverages company JM Smucker (SJM) dropped sharply Thursday after its fourth-quarter results missed Wall Street estimates.…

Calendar shift and Forex gains lift Signet Jewelers in first quarter

Signet Jewelers Limited (SIG) reported net sales of $1.5 billion for the first quarter of the fiscal year 2019, an…

Apple could pit traditional toymakers against Activision and Electronic Arts

The gaming industry has never enjoyed a better a time, thanks to an impressive line up from companies including Activision…

Retail Bankruptcy: Is it going to be Sears today and JCPenney tomorrow?

With a healthy economy, restructuring attempts, and new technologies, few retail companies have managed to survive in the new online…

General Electric needs a well-engineered solution to get back into shape

A freefalling stock and progressively shrinking dividend are something investors dread the most, and things turn really depressing when it…

Here’s a look at the upbeat US jobs report for May, with graphs!

May was a good month for the US job market, with the unemployment rate declining 0.5 percentage points to 3.8%.…

Abercrombie & Fitch beats estimates, stock up 5%

Casual wear retailer Abercrombie & Fitch (ANF) reported a beat on its earnings and revenue estimates for the first quarter…