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Hewlett Packard Enterprise stock gains after Q3 earnings beat
Hewlett Packard Enterprise (HPE) reported above-consensus earnings for the third quarter when higher demand in the non-US markets lifted revenues. The…
Huawei sold more phones than Apple in Q2: Report
Analyst firm Gartner Tuesday released its report on global smartphone sales in Q2, which showed that Chinese companies are increasingly…
Tilray reports its first-ever quarterly results
Medical marijuana company Tilray (TLRY) reported second quarter 2018 results, the company's first-ever quarterly results, after it went public in…
Box shares fall despite upbeat Q2 results
Cloud technology company Box, Inc. (BOX) reported a narrower net loss in the second quarter as marked customer base growth…
JetBlue hikes baggage fee amid fuel woes; others may follow suit
After embarking on a comprehensive restructuring program last month, marked by layoffs, JetBlue (JBLU) has been exploring other options to…
Toyota bets big on Uber, will invest $500 million
Reports on Toyota’s plans to invest in Uber have been doing rounds for quite some time. According to the Wall…
Berkshire Hathaway invests in Indian e-payment firm
Warren Buffet’s Berkshire Hathaway (BRK.A) is looking towards the east now, to India. The company has reportedly bought a stake…
Johnson & Johnson under the scanner in India over “faulty” hip replacement devices
An experts’ panel framed by India’s Ministry of Health has found that Johnson & Johnson (JNJ) suppressed facts relating to…
Tesla shares bleed as Musk abandons plan to take company private
Tesla (TSLA) shares in the Frankfort Stock Exchange saw a 5% dip as trading commenced on Monday following CEO Elon…
Microsoft faces corruption probe in Hungary
Microsoft Corp. (MSFT) stated its efforts to broaden its reach into emerging markets a couple of years ago. However, some…
Foot Locker Q2 results beat; stock falls on comparable sales miss
A revamped product-line and innovations in store operation pushed Foot Locker’s (FL) second-quarter sales and earnings beyond expectations. Reflecting the…
Intuit Q4 results beat; stock falls on CEO exit, weak guidance
Earnings of payroll solutions provider Intuit Inc. (INTU) increased in the fourth quarter and exceeded estimates. The company also provided…
Ford is recalling 50,000 electric and hybrid vehicles
Faulty charging cables that catch fire on overheating have forced Ford Motors (F) to recall over 50,000 of its electric…
Huawei, ZTE face 5G bans in Australia
Australia has banned Huawei Technologies Co. and ZTE Corp. from taking part in the country’s 5G wireless technology development efforts…
Saudi Aramco IPO: Canceled or not?
Ever since the end of last year, reports of Saudi Aramco canceling its decision to float shares have been taking…
Look out Tesla, Volkswagen gets a massive EV order
Opening up a battlefield in the EV space, Volkswagen just received a massive order of 1,600 all-electric trucks from Brazilian…
L Brands stock dips on weak profit outlook
L Brands (LB) reported a 29% dip in earnings for the second quarter due to higher costs and expenses. The…
Alibaba rises on Q1 revenue beat, despite China concerns
E-commerce giant Alibaba Group (BABA) wrapped the June quarter with broad-based revenue growth, sending the company’s stock higher in premarket…
Analog Devices stock falls on weak profit forecast
Analog Devices (ADI) said its earnings for the third quarter jumped six times, compared to last year when the bottom-line…
Target Q2 results top estimates amid record traffic growth; stock rallies
A record increase in store traffic pushed up the sales multi-brand retailer Target Corp. (TGT) in the second quarter, resulting…