Market News
Robust beauty sales boost P&G earnings in Q1; stock gains 5%
Consumer goods giant Procter & Gamble (PG) reported higher organic sales and earnings for the first quarter when strong demand…
Skechers Q3 earnings beat on record high sales; stock jumps
Sportswear firm Skechers (SKX) Thursday said its revenues rose to a record high in the third quarter. Earnings declined modestly,…
Activision sinks 8% as new Call of Duty misses some early shots
Continuing the rapid growth seen in recent years, gaming is probably on the fast-track to outperforming the mighty film industry…
Microsoft’s latest update gives more power to users on app selection
Microsoft (MSFT) has offered to kill more of its own bloatware with an upcoming Windows 10 update that is dubbed…
Proteostasis Therapeutics stock skyrockets on positive trial results
Clinical stage biopharma company Proteostasis Therapeutics (PTI) announced positive preliminary results from a Phase 1 study for the treatment of…
Phillip Morris Q3 results beat estimates; maintains outlook
Phillip Morris International (PM) reported better-than-expected results for the third quarter sending the stock up 5% at 10:35 AM ET…
Tech sector in spotlight once again as Palantir plans mega IPO
It seems the IPO fever is taking the tech sector by storm, with every other Silicon Valley start-up seeking to…
Blackstone thrives on equity growth; Q3 results beat estimates
The persistent uptrend in the stock market in recent months pushed up Blackstone Group’s (BX) third-quarter results, which also topped…
Snap-On delivers 25% jump in Q3 net income
Tools and equipment manufacturer Snap-On (SNA) on Thursday reported 25% increase in third-quarter net income to $2.85 per share, despite…