Market News
Transocean turns to profit in Q3 on strong revenue growth
Ending a long-drawn losing streak, offshore drilling company Transocean (RIG) Monday reported a profit for the third quarter, defying expectations…
Catastrophe losses to dampen American International Group Q3 results
American International Group (AIG) is set to post its third-quarter results on Wednesday after the market close. The insurer is…
Cloud security business lifts Akamai’s Q3 earnings
Akamai Technologies’ (AKAM) shares were up above 7% during the post-market trading hours as the company reported strong results for…
Boeing stock sinks after crash involving 737 MAX 8
Investor sentiment took a beating Monday after a 737 MAX 8 aircraft carrying 188 passengers, operated by Indonesian low-cost airline…
Walmart planning a cashierless Sam’s Club store in Texas
It’s no secret that Walmart Inc. (WMT) is giving tough competition to Amazon.com Inc. (AMZN). Now Walmart’s retail warehouse chain…
Earnings preview: Fitbit likely to continue its dismal performance in Q3
When Fitbit (FIT) reports its third-quarter results on October 31 after the market closes, analysts expect the company to post…
T-Mobile deal to take center stage as Sprint reports Q2 results
Telecom carrier Sprint Corp. (S) is set to report its second-quarter results on Wednesday before the bell. Analysts expect the…
IBM’s cloud push gets a boost from $34-billion Red Hat buyout
Hurt by the ongoing slump in the PC market and overdependence on the low-margin core business, IBM (IBM) is expanding…
Weatherford posts narrower-than-expected Q3 loss
Weatherford International plc (WFT) reported a narrower loss in the third quarter helped by improved efficiencies and reduced expenses as…
Earnings Preview: Analysts wait for Electronic Arts Q2 2019 result
Electronic Arts (EA) is scheduled to report its Q2 2019 results on Tuesday, Oct 30. The gaming giant now expects…