Market News
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…
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…