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Lockheed Martin flies higher as results top estimates
Earnings of Lockheed Martin (LMT), the biggest defense contractor in the country, increased sharply in the first quarter supported by…
Alphabet earnings soar on strong ad revenues, top estimates
Google parent Alphabet (GOOG, GOOGL) reported better than expected earnings and revenues in the first quarter, helped by a strong…
Kimberly-Clark shares shine on strong Q1 earnings
Earnings of consumer goods manufacturer Kimberly-Clark (KMB) rose in the first quarter on higher sales, in line with expectations. Meanwhile,…
Barclays CEO gets to keep job after whistle-blower scandal
Barclays’ CEO James E. Staley has been awarded a fine for his attempts to find the identity of a whistle-blower,…
More heads roll as Nike revisits workplace culture
More than a decade ago, operations management at Nike (NKE) was thrown into turmoil when the company tweaked its supply…
Earnings jump 40% for KeyCorp as stock rallies to level losses
Bank holding company KeyCorp (KEY) reported an increase in first-quarter earnings, aided by the higher interest rates and benefits from…
Alibaba rides high on driverless car program
A renewed craving for self-reliance is evident in China’s corporate sector, at a time when international trade is facing major…
Here is why Tesla suspended Model 3 production
The temporary shutdown of Tesla’s Model 3 sedan production at Fremont raised some questions on the company’s plan of action.…
IBM shares plunge on downbeat outlook
Earnings of technology conglomerate IBM (IBM) declined in the first quarter, despite strong cloud revenue lifting the top line. However,…
Boring Company gets more funding, but hurdles galore
Elon Musk seems to have taken the conventional route this time to raise money for Boring Company. The tunnel-digging firm…
With record subscriptions, Netflix earnings trigger stock rally
Continuing its aggressive market share expansion, video-on-demand service provider Netflix (NFLX) Monday reported better than expected subscriber growth and earnings…
Oliver Schusser appointed Vice President of Apple Music
Apple Inc. (AAPL) appointed Oliver Schusser as Vice President of Apple Music and international content. He will be in charge…
Kroger on hiring spree with 11,000 new jobs
In the recent times, some of the most prominent retailers have been shuttering stores. While the entire sector is struggling…
Merck sets the bar high for rivals with positive Keytruda trial results
Merck (MRK) shares rose as much as 7% after the company stated that one of its key drugs successfully met…