Business News
STMicroelectronics stock tanks on weak outlook, despite Q3 beat
Shares of semiconductor firm STMicroelectronics (STM) plunged more than 10% Wednesday after its fourth-quarter guidance fell short of estimates, despite…
Northrop Grumman Q3 earnings surge, beat street view
Northrop Grumman (NOC) reported strong revenue and earnings growth for the third quarter, which also topped the Wall Street estimates.…
General Dynamics dips on Q3 sales miss, despite upbeat earnings
Revenues of General Dynamics Corp. (GD) increased at a slower than expected pace in the third quarter. The company’s stock…
Boston Scientific Q3 earnings beat; stock slips on sales miss, weak guidance
Boston Scientific’s (BSX) stock suffered a loss early Wednesday after the company reported weak sales numbers for the third quarter…
Juniper stock gains after Q3 earnings beat street view
Juniper Networks (JNPR) reported a modest decline in adjusted earnings for the third-quarter when revenues were affected by a broad-based…
Harley-Davidson sinks on lower Q3 sales; confirms shipment outlook
Benefitting from the stable demand for high-end bikes in overseas markets and lower expenses, earnings of superbike maker Harley-Davidson (HOG)…
McDonald’s stock jumps as Q3 comps gain on favorable pricing
Fast food chain McDonald’s (MCD) reported impressive same-store sales for the third quarter, aided by an uptick in the demand…
Verizon shines on wireless growth in Q3; stock gains
Telecom giant Verizon (VZ) recorded a further strong growth in its wireless services in the third quarter. Reporting the first…
Earnings preview: For Google it’s time to look beyond search
Alphabet (GOOGL, GOOG) will be reporting results for the most recent quarter on October 25 after the closing bell. According…
Earnings preview: streaming venture in spotlight ahead of AT&T’s Q3 report
Business diversifications of such scale as AT&T performed recently happen rarely, for the simple reason that the scope of the…
Halliburton tides over demand crunch in Q3; results beat street view
Energy exploration firm Halliburton (HAL) reported higher revenues and earnings for the third quarter supported by improved production and completion…
Earning preview: Q3 will be a test of Twitter’s turnaround strategy
The recovery kicked off by Twitter (TWTR) in the fourth quarter, ending a protracted losing streak, has gathered significant momentum…
Earnings preview: Verizon thrives on subscription, 5G rollout ahead of Q3 report
Verizon’s (VZ) wireless network witnessed numerous innovations before emerging as the preferred network of American households, and the efforts are…
Robust beauty sales boost P&G earnings in Q1; stock gains 5%
Consumer goods giant Procter & Gamble (PG) reported higher organic sales and earnings for the first quarter when strong demand…
Skechers Q3 earnings beat on record high sales; stock jumps
Sportswear firm Skechers (SKX) Thursday said its revenues rose to a record high in the third quarter. Earnings declined modestly,…
Activision sinks 8% as new Call of Duty misses some early shots
Continuing the rapid growth seen in recent years, gaming is probably on the fast-track to outperforming the mighty film industry…
Tech sector in spotlight once again as Palantir plans mega IPO
It seems the IPO fever is taking the tech sector by storm, with every other Silicon Valley start-up seeking to…
Blackstone thrives on equity growth; Q3 results beat estimates
The persistent uptrend in the stock market in recent months pushed up Blackstone Group’s (BX) third-quarter results, which also topped…
Elon Musk to buy more shares as his grip on Tesla continues to loosen
It must have been a very unpleasant experience for Elon Musk to step down as chairman of Tesla (TSLA) after he…
Fresh hope for GE Power after Trump lobbies for major deal with Iraq
Despite the deteriorating financial health and operational challenges, General Electrical (GE) has remained buoyant about its turnaround strategy and issued…