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Business News

Online pet supply firm Chewy.com set to go public

Chewy.com, the e-commerce arm of pet supply retailer PetSmart, on Money filed for an initial public offering. However, The management…

Earnings preview: Settlement with Apple in focus ahead of Qualcomm’s Q2 report

When Qualcomm (Nasdaq: QCOM) reports second-quarter results Wednesday, the spotlight will be on the chipmaker’s settlement of patent lawsuits with…

Sogou slips to loss in Q1; stock gains on revenue beat, guidance

China-based tech firm Sogou, Inc. (NYSE: SOGO) reported a net loss for the first quarter of 2019, compared to profit…

For General Motors, strong pricing might ease the impact of sales slump in Q1

Investor sentiment has been sluggish ever since General Motors (NYSE: GM) recently reported that US deliveries dropped sharply in the…

Earnings preview: High raw material costs a concern for AK Steel in Q1

When steel manufacturer AK Steel Holding Corp. (Nasdaq: AKS) reports results for the first quarter of 2019 on Monday after the…

Earnings: Chevron’s Q1 profit plunges as lower oil prices drag margins

Shares of Chevron Corp. (NYSE: CVX) dropped modestly Friday after the energy exploration company reported a sharp decline in first-quarter…

Earnings preview: Chevron headed for a weak Q1 amid low oil prices

After ending 2018 on a positive note, energy exploration company Chevron (NYSE: CVX) will be reporting first-quarter earnings Friday before…

United Parcel Service stock drops on Q1 earnings miss; reaffirms FY19 EPS outlook

United Parcel Service (NYSE: UPS) reported a decline in earnings for the first quarter. The results also missed market expectations…

Earnings: Tesla reports net loss for Q1; revenues miss estimates

Tesla, Inc. (Nasdaq: TSLA) reported a wider-than-expected net loss for the first quarter of 2019 as the demand for electric…

Earnings preview: What to expect when Intel reports Q1 results

Intel’s (Nasdaq: INTC) upcoming quarterly report, the first under new CEO Robert Swan, will be followed closely by investors considering…

Northrop Grumman stock slips on Q1 revenue miss; earnings beat

Northrop Grumman (NYSE: NOC) Wednesday said its first-quarter sales increased from last year, aided by stable demand for aerospace products.…

Earnings: Caterpillar Q1 results beat Street view amid stable demand; stock gains

Caterpillar, Inc. (NYSE: CAT) reported broad-based sales growth and higher earnings for the first quarter of 2019, beating analysts’ predictions, helped…

Earnings: TD Ameritrade posts weak Q2 revenues amid muted investor sentiment

TD Ameritrade (Nasdaq: AMTD) reported weaker than expected revenues for the second quarter of 2019 when earnings rose sharply and…

Strong loan growth lifts Fifth Third Bancorp’s Q1 earnings; stock gains

Supported by a marked increase in loans, earnings of Fifth Third Bancorp (Nasdaq: FITB) increased and exceeded the market’s prediction…

Twitter stock surges on Q1 earnings beat; CEO vows to curb abuse on platform

Twitter (NYSE: TWTR) reported solid earnings and revenue growth for the first quarter of 2019 amid stable growth in daily…

Whirlpool stock gains on Q1 earnings beat; confirms FY19 guidance

Earnings of home appliance maker Whirlpool Corp. (NYSE: WHR) increased in the first quarter and topped expectations, aided by lower restructuring costs…

Earnings preview: AT&T to beat user exodus in Q1 on strength of wireless biz

Last week, AT&T (NYSE: T) sold its stake in on-demand video provider Hulu to the majority shareholders, leaving the market…

Earnings preview: Boeing braces for a bleak Q1 as 737 crisis deepens

The Boeing Company (NYSE: BA) is preparing for one the most challenging quarterly earnings in its history, with the credibility…

Earnings preview: For Twitter, new revenue streams hold the key to Q1 growth

After improving its revenue performance in recent quarters, with a revamped product portfolio and expansion strategy, Twitter (NYSE: TWTR) is…

Earnings preview: Verizon bets on wireless prowess to tackle challenges in Q1

Telecom giant Verizon Communications (NYSE: VZ) will be reporting its first-quarter results Tuesday before the market opens. Wall Street’s consensus…

Earnings preview: Baidu’s (BIDU) steady growth, rising costs point to a mixed Q1

Internet search platform Baidu Inc. (Nasdaq: BIDU), which is often referred to as China’s Google, has been striving to strike…