Business News
IBM falls 4% as revenue recovery falters in Q3; earnings beat
The persistent softness in the IBM’s (IBM) top-line performance worsened in the third quarter when revenues dropped and missed analysts’…
Walmart feels the pinch of Flipkart deal, sees softer earnings growth next year
Store operator Walmart (WMT) had encountered multiple challenges before making a full-fledged entry into the Indian market earlier this year.…
PayPal upbeat ahead of Q3 earnings as buyouts continue to pay off
Not many Wall Street companies have managed to scale up their operations with such efficiency as PayPal (PYPL) did in…
Mixed Q3 results in the offing for American Express shareholders
Credit card operator American Express (AXP) is preparing for its third-quarter earnings report at a time when the financial services…
Thriving on strong traffic, United Continental to defy fuel woes in Q3
The airline industry has managed to come out unscathed from the rising fuel costs so far, thanks to the stable…
Bank of America to benefit from lower expenses, trading recovery in Q3
The banking sector is currently going through a challenging phase, marked by rising interest rates and tariff-related headwinds. When Bank…
Automakers on alert as China’s car market hits a bumpy road
The growth of China’s automobile industry has been in tandem with the country’s booming economy, outperforming its global peers to…
Post-selloff, stock futures stabilize as consumer price growth cools
It is natural that investors look for solace in economic indicators whenever there is a stock crash, like the mid-week…
Walgreens Q4 earnings beat; stock tanks on sales miss
Benefitting from strong pharmacy sales in the US, earnings of drugstore chain Walgreens Boots (WBA) rose sharply and topped Wall…
Get ready for movies-on-demand, HBO shows and much more from AT&T
For telecom giant AT&T (T), the acquisition of entertainment network HBO and its parent Time Warner earlier this year came…
Consumer banking in focus as Citi gears up for Q3 earnings
Citigroup (C) is currently in the midst of a comprehensive reorganization, mainly involving realignment of the investment banking division and…
Shaken by the tariff wind, Dollar Tree is facing a social issue
The unique business model followed by dollar stores has been quite successful over the years. Most of them have remained…
Record traffic growth may help Delta fly past fuel woes in Q3
Delta’s (DAL) persistent efforts to enhance operational efficiency paid off well in the recent quarters when the airline recorded strong…
Made by Google hardware event: Time to welcome new Pixel 3, Chrome-equipped Pixel Slate tablet and Home Hub
Live updates from the Google hardware event on October 09, 2018. Coverage began at 11:00 AM ET 12:10 PM -…
With new finance chief on board, Starbucks restructuring heats up
While the brand name Starbucks (SBUX) continues to be synonymous with ready-to-drink coffee in most parts of the world, the…
It’s time to look at cryptos from a different perspective
There is no doubt Bitcoin and the many cryptos that mushroomed after its success enjoyed the patronage of some serious…
Streaming partnership with MGM kicks off a new era for Walmart
Walmart (WMT) might not have ever considered diversifying its business to video-on-demand service unless arch-rival Amazon (AMZN) had successfully proved…
Search firm Elastic joins IPO spree; stock doubles on debut day
Open source search engine Elastic is the latest to debut in the American stock markets, joining the many tech firms…
Ford needs extra power to tread the rocky road to recovery
We’ve not been hearing much from Ford Motors (F) in recent times on the innovation front, especially at a time…