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Spotify filed for its IPO today after completing almost ten years of launching its music streaming service. The company plans to trade
Spotify filed for its IPO today after completing almost ten years of launching its music streaming service. The company plans to trade its ordinary shares on the NYSE under the ticker symbol "SPOT". The IPO pricing has been not yet determined.
Launching a competitor to the ever-so-popular Instagram could be called suicidal. Even more shocking is when the app actually makes it to the top spot on Apple’s App Store! Looks like Vero is here to make some major changes to
Energy services holding company Sempra Energy reported a marginal spike in its revenue for fourth quarter 2017 of 3.2% to $2.96 billion from $2.87 billion a year ago. The company reported a loss of $501 million or $1.99 per share
Department store chain Macy’s has finally woken up from a sales stupor, posting a gain in sales for its fourth quarter of 2017, after a period of three years. Let’s face it. It was not a great time for the
Bookings Holdings (formerly known as The Priceline Group Inc. NASDAQ: PCLN), which changed its name a week ago and started trading under the new ticker symbol (NASDAQ: BKNG) from today, reported results for the fourth quarter of 2017. The online
Luxury homebuilder Toll Brothers (TOL) reported profits of $132.1 million or $0.83 per share in the first quarter. This includes a one-time benefit of $31.2 million due to the recent tax reforms. The company's revenues spiked 28% to $1.18 billion.
Retailer Macy's reported strong results for the final quarter of 2017, thanks to the strong holiday sales. Macy's shares surged 10% in the pre-market session. Profit more-than-doubled to $1.33 billion or $4.31 per share, compared to $475 million or $1.54
Dairy, food and beverages company Dean Foods reported a 47.7% jump in its profit from continuing operations for the fourth quarter of 2017 to $49.5 million or $0.54 per share. However on an adjusted basis, EPS plunged 34.2% to $0.25 per
The global wearables market continues to climb the ladder with upbeat consumer demand on both fronts: from basic wristbands like the Xiaomi Mi Band and Fitbit Charge to smartwatches like the Apple Watch Series 3 and Samsung Gear S3. According
Diversified energy company Public Service Enterprise announced that its profits spiked to $956 million in the fourth quarter of 2017, primarily due to $646 million in income tax benefit. Excluding one-time benefits, earnings improved 5.6% to $0.57 per share vs
Entergy Corp. trimmed its loss on a GAAP basis, and on an adjusted basis, profit more than doubled in the fourth quarter of 2017. GAAP loss was $479.1 million or $2.66 per share compared to a loss of $1.769 billion
From a humble wrist watch for surfers to the king of action cameras, GoPro has come a long way. However, the action-cam giant has recently hit some heavy turbulence. GoPro has had its good and bad patches from the time
Printer and PC maker HP Inc. (HPQ) posted strong results in the first quarter of 2018 with a jump in its profit, boosted by a $1 billion benefit from the recent U.S. tax reform. On a GAAP basis, earnings more
Hewlett Packard Enterprise (HPE) reported its first quarter 2018 results today. Revenue improved 11% to $7.7 billion mainly due to broad-based growth across all segments. Tax reform benefits came in at $0.58 per share. Excluding tax reforms and other items,
Newmont reported its fourth-quarter results as higher yellow metal sales and improved prices pushed sales 8% higher to $1.94 billion from a year ago. The company's board declared $0.14 per share as the dividend for the quarter. On a GAAP
Oklahoma-based petroleum and natural gas company Chesapeake Energy today reported that its fourth quarter bottom line increased to $309 million or $0.33 per share, resulting from debt reduction efforts that it had implemented through 2017, as well as increased cash
Content streaming services provider Roku Inc. (ROKU) beat analyst expectations in its fourth quarter 2017 results. The company posted revenues of $188.3 million, an increase of 28% year-over-year, driven by platform growth. Net income in the quarter amounted to $6.9
Satellite TV provider Dish Network, which once maintained its dominance in the TV households, is now battling a tough competition from video streaming services like Netflix and Hulu, despite a strong contribution from its over-the-top internet television service Sling TV.
Millennials often get a bad rap when it comes to investing in the stock market. However, several surveys conducted on this selfie-obsessed generation reveals, not just that they are astute investors, but also that they prefer investing in companies or
Garmin today reported its fourth quarter 2017 results. The Swiss-based firm saw its sales increase 3% to $888 million vs the same quarter of 2016. Adjusted earnings came in at $0.79 per share, which is an improvement of 8% year-over-year.
Direct-broadcast satellite service provider DISH Network today reported a revenue decline of 7.2% for its fourth quarter to $3.48 billion. Earnings were hurt by a fall in subscriber-related revenue, which was driven by continuing decline in its DISH TV subscriber
