Market News
Lime recalls electric scooters on fire and explosion fears
Electric-scooter maker Lime has recalled certain e-bikes due to a potential fire risk of its batteries. A manufacturing defect as…
AIG Q3 results miss estimates on catastrophe costs; net loss narrows
American International Group (AIG) Wednesday reported a net loss for the September quarter, contrary to expectations for positive earnings, hurt…
Qorvo stock ticks up after beating Q2 estimates
RF solutions provider Qorvo (QRVO) reported its second quarter 2019 financial results that beat consensus estimates. Non-GAAP EPS increased by…
Pepsi turns to nutrition as soda-based drinks lose their fizz
With more American dumping carbonated beverages and shifting to healthier alternatives, the cola giants are busy tweaking their product portfolios,…
General Motors (GM) smashes past Q3 projections, shares up 10%
General Motors (GM) Wednesday reported third-quarter earnings of $1.87 per share, much higher than $1.26 per share projected by analysts,…
Skincare sales boost Estee Lauder’s Q1 results; stock jumps 7%
Shares of Estee Lauder Companies (EL) rose sharply in the pre-market Wednesday after the cosmetics manufacturer reported double-digit growth in…
Unfazed by SEC action, Elon Musk deletes his titles from Tesla website
While several of Elon Musk’s whacky statements stirred up controversies in the past, the one about ‘Tesla (TSLA) turning profitable…
Strange dishes from Yum! Brands menu
Yum! Brands Inc. (YUM) is set to report third quarter 2018 earnings results on Wednesday, October 31. Wall Street expects…
Live Blog: Apple announces new MacBook Air, iPad Pro and Mac Mini at October event
Event ends. 11: 15 – The 10.5 inch iPad Pro starts at $649; 11-inch iPad Pro from $799; and 12.9 inch…
Cummins Q3 profit jumps 53%, beats estimates
Cummins Inc. (CMI) posted a 53% jump in earnings for the third quarter driven by higher demand in a number…