X

Market News

PepsiCo sues poor farmers in India for cultivating potatoes

In a stunning turn of events in the densely populated Indian subcontinent, global conglomerate PepsiCo (PEP) is reported to have…

AbbVie’s stock gains after Q1 results top expectations

AbbVie Inc. (NYSE: ABBV) surpassed market estimates on revenue and earnings for the first quarter of 2019, giving shares a…

Comcast Q1 profit jumps 14% beats estimates

Comcast Corporation (NASDAQ: CMCSA) reported a 14% growth in earnings for the first quarter of 2019 as increases in high-speed…

United Parcel Service stock drops on Q1 earnings miss; reaffirms FY19 EPS outlook

United Parcel Service (NYSE: UPS) reported a decline in earnings for the first quarter. The results also missed market expectations…

Altria shares edge down after Q1 earnings miss

Shares of Altria Group Inc. (NYSE: MO) fell 2.5% during pre-market trading on Thursday after the tobacco company reported an…

3M’s stock plummets 7% on weak Q1 results, lower guidance and job cuts

3M Company’s (NYSE: MMM) shares tumbled 7.4% in premarket hours on Thursday after the consumer products firm missed market estimates…

Southwest Airlines (LUV) manages in-line Q1 earnings despite impact from 737 MAX groundings

Southwest Airlines (NYSE: LUV) reported its earnings results for the first quarter of 2019 on Thursday before the opening bell.…

Citrix Systems Q1 earnings drop 24% but beats estimates

Citrix Systems (NASDAQ: CTXS) reported a 24% drop in earnings for the first quarter of 2019 due to higher costs…

PayPal (PYPL) Q1 profit jumps 31%, beats estimates

PayPal Holdings (NASDAQ: PYPL) reported a 31% jump in earnings for the first quarter of 2019 helped by strong growth in…

Lam Research betters Q3 expectations; stock surges

Lam Research (NASDAQ: LRCX) surpasses third quarter 2019 earnings and revenue estimates. Adjusted earnings of $3.70 and revenue of $2.44…