Business News
Semiconductor rally over; stocks sink after Goldman warns of more trouble
When the semiconductor industry came under pressure last year after the weakness in demand deepened, there was widespread speculation the…
Earnings preview: Overseas markets key to Under Armour’s Q4 performance
Under Armour (UAA) is slated to release financial results for the fourth quarter Tuesday before the opening bell. Over the…
ImmunoGen reports Q4 loss; stock gains as results beat estimates
Biotechnology firm ImmunoGen Inc. (IMGN) reported a wider net loss for the fourth quarter, hurt by a sharp fall in…
Amazon invests in self-driving startup Aurora amid efforts to cut delivery cost
Amazon (AMZN) has been deepening its presence in the transportation sector, after launching its own logistics service last year in a…
Fiat Chrysler Q4 profit jumps; stock falls on disappointing guidance
Fiat Chrysler Automobiles (FCAU) Thursday reported higher earnings and revenues for the fourth quarter, reflecting the stable demand for its…
Record customer additions drive T-Mobile’s Q4 growth; stock gains
T-Mobile US (TMUS) on Thursday reported stronger than expected revenues and earnings for the fourth quarter as the company continued…
FireEye crushes Q4 estimates; stock falls on weak guidance
Extending the ongoing recovery, cybersecurity firm FireEye (FEYE) Wednesday reported a higher profit for the fourth quarter when revenues climbed…
Boston Scientific Q4 earnings beat on strong sales growth; stock moves up
Broad-based sales growth, marked by a double-digit increase in emerging markets, lifted Boston Scientific’s (BSX) fourth-quarter earnings, which surpassed the…
Cognizant Q4 results top expectations; names Brian Humphries as CEO
Earnings of Cognizant Technology Solutions (CTSH) rose sharply in the fourth quarter and surpassed the Wall Street forecast, supported by…
Microchip Technology Q3 results top expectations; issues mixed Q4 outlook
Earnings of semiconductor firm Microchip Technology (MCHP) rose sharply and topped estimates in the third quarter, helped mainly by the…
Earnings preview: Yum! Brands bets on refranchising to lift Q4 profit
After launching a comprehensive transformation program last year, Yum! Brands (YUM) is fast emerging as a high-growth company while also…
Papa John’s surges as recovery hopes brighten amid deal with Starboard
It’s been a period of extreme volatility at pizza chain Papa John’s (PZZA) since its founder John Schnatter was forced…
Earnings preview: Medicare Advantage to drive Humana’s Q4 growth
The quarterly performance of healthcare companies will be closely watched this season, considering the hectic M&A activity the sector has…
Alexion Pharma stock jumps after Q4 results top expectations
Benefitting from the continued sales growth across all markets, led by cancer drug Soliris, Alexion Pharma (ALXN) Monday reported a…
Earnings preview: User slump main concern as Snap gears up for Q4 report
Still haunted by the redesign debacle that drew some harsh reactions from the market, Snap (SNAP) is probably hoping for…
Disney Q1 Earnings Preview: Will the media giant snap like Thanos?
Possibly the owner of every '90s memorabilia property except DC Comics and other Warner Bros. things, The Walt Disney Co…
Earnings: Johnson Controls Q1 profit beats on higher sales
Making a positive start to the fiscal year, diversified technology company Johnson Controls (JCI) reported higher first-quarter earnings, which also…
Chevron Q4 earnings beat amid strong production growth; stock gains
Shares of Chevron Corp. (CVX) gained Friday after the energy exploration company reported double-digit growth in its fourth-quarter earnings, supported…
Tesla starts taking in orders for new cheap Model 3 variant in China
Elon Musk has his eyes on the Chinese market. His latest move for a cheaper Tesla car for the Asian…
Symantec stock jumps after Q3 earnings, revenue beat estimates
Shares of security software maker Symantec Corp. (SYMC), which is currently facing an extensive probe into accounting practices, gained sharply…
Northrop Grumman Q4 results beat; stock slips on weak guidance
During the quarter, adjusted net profit jumped to $851 million or $4.93 per share from $266 million or $1.52 per…