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GE to get rid of consumer lighting business as cash crunch escalates

Engineering giant General Electric (GE) has been on a divestiture spree, in an effort to revitalize its balance sheet. On…

Elon Musk’s SpaceX looks to a $750-million leveraged loan

Tesla (TSLA) sibling and Elon Musk's space exploration company, SpaceX, is planning to seek a leveraged loan of $750 million,…

Eli Lilly tops market estimates; revises guidance

Eli Lilly and Company (LLY) reported better-than-expected results on revenue and earnings for the third quarter of 2018 and revised…

Allstate stock drops as Q3 profit misses estimates

The Allstate Corp. (ALL) reported a 31% jump in earnings for the third quarter helped by higher premiums earned, lower…

Express Scripts Q3 profit jumps 27%, meets estimates

Express Scripts Holding Co. (ESRX) reported a 27% jump in earnings for the third quarter helped by strong client retention…

Chesapeake soars 9% after delivering strong Q3 results

Chesapeake Energy Corporation’s (CHK) stock soared over 9% in morning trade today after the company topped estimates on revenues and…

Anthem surpasses Q3 results expectations and raises guidance

Anthem Inc. (ANTM) topped market estimates on revenue and earnings for the third quarter of 2018 and raised its outlook…

Skincare sales boost Estee Lauder’s Q1 results; stock jumps 7%

Shares of Estee Lauder Companies (EL) rose sharply in the pre-market Wednesday after the cosmetics manufacturer reported double-digit growth in…

Amgen’s stock down despite Q3 results beat

Amgen (AMGN) reported better-than-expected results on revenue and earnings for the third quarter of 2018. After gaining briefly following the…

Allergan posts upbeat Q3 results

Allergan (AGN) reported better-than-expected results for the third quarter driven by double-digit growth from many of its key promoted brands,…