Halliburton (NYSE: HAL) reported second-quarter 2021 financial results before the regular market hours on Tuesday. The drilling equipment mammoth reported Q2 revenue of $3.7 billion, up 16% year-over-year, but short of the Wall Street projection. Meanwhile, net income of $0.26 per share was above the target that analysts had anticipated.
HAL shares were trading flat immediately following the announcement. The stock has gained 28% since the beginning of this year.
Software giant Microsoft Corp. (NASDAQ: MSFT) on Tuesday reported higher revenues and earnings for the second quarter of 2022. The results also topped expectations. At $51.7 billion, second-quarter revenues were
When online platforms thrived on the unusually strong traffic growth during the shutdown, as home-bound people turned to video-streaming and gaming sites, there was speculation that the trend might reverse
Production disruption and logistics issues continue to have a crippling effect on the industrial sector but the performance of companies, in general, has been mixed so far. Fastenal Company (NASDAQ: