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Earnings Preview: Higher rental rates to give United Rentals a lift in Q3
United Rentals Inc. (URI) is scheduled to report third quarter 2018 earnings results on Wednesday, October 17. Analysts expect the…
Bank of America tops Q3 estimates with solid results
Bank of America (BAC) topped market expectations on revenues and earnings for the third quarter of 2018. The financial services…
Strategic Imperatives unit could lift IBM earnings in Q3
International Business Machines Corporation (IBM) is scheduled to report its third-quarter results on October 16 before the opening bell. The…
Facebook and Google: Profit-making at the cost of accountability?
Two companies have been making news this year on the sensitive issue of privacy. Leading technology firms Facebook (FB) and…
Citigroup posts mixed results in Q3, shares up 2%
The third largest US bank, Citigroup (C) reported third-quarter earnings that surpassed Wall Street estimates. The company reported earnings of…
Apple invests $600 million in UK-based Dialog Semiconductor
Apple (AAPL) strengthens its in-house making capabilities of iPhones and iPads by investing $600 million in buying UK-based firm Dialog…
Post-selloff, stock futures stabilize as consumer price growth cools
It is natural that investors look for solace in economic indicators whenever there is a stock crash, like the mid-week…
The S&P 500 slide: Is it time to run to the hills?
On Wednesday, the effect of many things converged to a scary day of falls with the biggest stock selloff since…
Sarah Friar to bid adieu as Square CFO
Square Inc.'s (SQ) CFO Sarah Friar will exit from her position at the end of this year and is set…
TransDigm inks $4-billion deal to acquire Esterline Technologies
Aerospace component supplier TransDigm Group (TDG) has agreed to acquire its rival Esterline Technologies (ESL) in a deal worth $4…
Taxi race turns to Wall Street as Lyft, Uber shift to IPO mode
If everything goes as planned, some long-awaited IPOs from the ride-hailing sector will become a reality by next year. Though…
Consumer banking in focus as Citi gears up for Q3 earnings
Citigroup (C) is currently in the midst of a comprehensive reorganization, mainly involving realignment of the investment banking division and…
Regulators on Google’s tail after alleged privacy breach
According to a new report, at least two EU member nations and two US states are investigating a Google breach,…
Sears stock plunges 25% as it nears possible bankruptcy
Shares of Sears Holdings (SHLD) plummeted on Wednesday on reports that the struggling retailer is expected to file for Chapter…
Fastenal sees a dip despite beating Q3 estimates
Fastenal Company (FAST) topped market expectations on sales and profits for the third quarter of 2018 but shares still dropped…
Trian Fund pondering Papa John’s takeover
Activist hedge fund Trian Fund Management is reportedly considering a takeover of Papa John’s International Inc. (PZZA), according to a…
Shaken by the tariff wind, Dollar Tree is facing a social issue
The unique business model followed by dollar stores has been quite successful over the years. Most of them have remained…
Microsoft makes a strategic investment in Grab; becomes the cloud partner
Microsoft (MSFT) and Southeast Asia’s online platform Grab enters into a strategic partnership in which the former will invest an…