Market News

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…

Mastercard thrives on consumer spending; reports record Q3 results

Revenues of Mastercard (MA) rose sharply and hit a record high in the third quarter as cardholders spent more on…

Under Armour Q3 results top estimates on overseas sales; stock soars

Shares of Under Armour (UAA) rallied in the premarket Tuesday after third-quarter results topped Wall Street estimates as overseas sales…

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…