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Shares are up about 3.5% and crossed $197, making a new all-time high at 6:05 PM ET Conference call ends Tim
Shares are up about 3.5% and crossed $197, making a new all-time high at 6:05 PM ET Conference call ends Tim Cook says a lot of people that buy Apple products buy for the whole ecosystem, even though they
In its slowest cyclical quarter for iPhone sales, Apple reported earnings of $2.34 per share, riding on a revenue hike of 17% to $53.3 billion. Earnings for the third quarter improved 40%, surpassing analysts’ expectation of $2.18 per share. Revenue
After losing several million dollars in a stock selloff that followed CEO Elon Musk’s controversial earnings call nearly three months ago, Tesla will be reporting its second-quarter results Wednesday after the market closes. While the electric car maker is expected
The Procter & Gamble Company (PG) beat analyst expectations on earnings but missed out on revenue for its final quarter of 2018. Shares dropped 2% in pre-market trading. The company reported a 3% increase in net sales to $16.5 billion
E-commerce technology company Shopify (SHOP) made a modest recovery in the second quarter after staying in the negative territory for a long time. The improvement, which defied analysts’ forecast for a loss, was driven by a sharp increase in revenues.
Pfizer Inc. (PFE) reported a rise in earnings for the second quarter, helped by the strength of its anchor brands, primarily Ibrance, Eliquis, and Xeljanz. The top and bottom lines came in above analysts’ expectations. However, shares fell 1.17% in
Cable provider Charter Communications (CHTR) topped analysts' estimate on both the top and bottom lines in its second-quarter result, that caused a 2.76% rise in the stock price during the pre-market trading. The company reported earnings of $1.15 a share,
Transocean Ltd (RIG) continued its losing streak that began more than a year ago and posted a narrower than expected loss in the second quarter helped by strong revenue efficiency, exceeding 97%, and higher activity as the quarter marked the
Insurance firm Loews Corp. (L) saw its stock trade 1% down Monday after it posted second-quarter earnings that missed analysts estimates. Net income was flat at $230 million, mainly hurt by lower earnings at Diamond Offshore Drilling, Inc. and CNA
Caterpillar (CAT) beat estimates for the second quarter and raised its outlook for the year sending the stock upward by more than 3% in the pre-market trading session. The company reported a 24% increase in sales and revenues to $14
Phillips 66 (PSX) reported revenues of $29.7 billion for the second quarter of 2018, up 23% from the same period last year. Net earnings totaled $1.33 billion or $2.84 per diluted share compared to $524 million or $1.07 per diluted
Colgate-Palmolive (CL) stock declined more than 2% during the premarket trading, after the toothpaste maker's second-quarter sales missed analysts' expectations, primarily due to lower unit volume in emerging markets and flat pricing worldwide. Adjusted earnings, however, came in line with
Rockwell Collins (COL), a leading supplier of communications and avionics equipment, said its earnings increased in the third quarter aided by broad-based revenue growth. The results, however, missed analysts’ forecast. Earnings moved up to $275 million or $1.66 per share
On Thursday, Under Armour (UA, UAA) witnessed a surge in its share price after the company beat top-line estimates during its second-quarter. During the quarter, the company reported a net loss of $96 million, or $0.21 loss a share. Excluding
Strong production growth and the oil price boom lifted Chevron’s (CVX) profit in the second quarter. Earnings, however, missed analysts’ forecast and the stock fell sharply after the announcement. The company also announced plans to repurchase $3 billion of its
Oil and gas company Exxon Mobil (XOM) witnessed a 3% drop in its share price after it missed analysts' earnings estimate in the second quarter. The company reported earnings of $4 billion, or $0.92 a share, that missed analysts' estimate
Twitter Inc. (TWTR) reported a 24% increase in total revenues to $711 million for the second quarter of 2018 compared to the same period last year. Topline growth was 27% when excluding revenues recorded last quarter from the erstwhile TellApart
Coffee-shop chain Starbucks posted third-quarter earnings on Thursday, with net revenue jumping 11% to a record $6.3 billion. Profit was up 13% y-o-y at $0.62 per share meeting market consensus. Comparable store sales were up 1% both globally and in
Shares of Comcast (CMCSA) rose 4% after it reported a stronger-than-expected earnings growth in its second quarter, boosted by the rapid growth in its broadband business. Earnings during the quarter soared 33% to $0.69 a share. Excluding items, the company’s
Earnings of video game publisher Electronic Arts (EA) declined in the first quarter of 2019 when a sharp fall in product sales more than offset higher digital revenues. Despite the results beating analysts’ estimates, the stock dropped sharply after the
Troubled pharma company Celgene (CELG) posted Q2 results beating analysts’ view and also lifted its earnings outlook for 2018. Shares of Celgene rose about 2% before the bell and continued the positive momentum when the market opened today. Celgene’s total
