Shopify stock drops despite upbeat results
E-commerce technology provider Shopify Inc. (SHOP) reported upbeat first-quarter results, helped by an increase in the number of merchants joining...
Earnings
Shares fall as Pfizer misses revenue expectations
Drug giant Pfizer Inc. (PFE) posted a 1% improvement in revenues of $12.9 billion for the first quarter of 2018....
Transocean posts bigger than expected Q1 loss; revenue down 10%
Transocean Ltd (RIG) continued its losing streak that began nearly a year ago and posted a wider than expected loss...
Cognex reports muted first quarter results due to increased expenses
Cognex (CGNX) reported a 22% jump in revenues of $169.5 million in the first quarter, in line with the guidance...
Marathon agrees to buy Andeavor for $23.3 billion
The M&A scenario seems to have picked up in the US with the proposed merger between T-Mobile (TMUS) and Sprint...
T-Mobile, Sprint to create the third great pillar of US telecom
On Friday, we had reported that the T-Mobile-Sprint merger may happen this week, and it’s finally taking off. T-Mobile US...
Marriott Vacations buys ILG to create timeshare giant
Taking cue from the renewed uptrend in the hospitality industry, which witnessed frequent turbulence in the latter part of last...
Loews beats earnings estimate in 1Q 2018
First quarter earnings of the commercial property and casualty insurance company Loews Corp. (L) topped analysts’ estimates. Despite net income falling slightly...
Lovin’ It: McDonald’s stock soars on upbeat first quarter
The burger giant McDonald’s Corp. (MCD) reported better-than-expected first-quarter results, helped by an increase in sales-driven franchised margin dollars and...
Botox, Juvederm sales lift Allergan in first quarter
Allergan plc (AGN) reported a 3% improvement in revenues to $3.7 billion for the first quarter of 2018 compared to...
Starbucks earnings fail to impress investors; Stock remains in red
Coffee chain operator Starbucks (SBUX) reported an increase in its second-quarter profit, in line with expectations. However, the company’s shares...
Rockwell Collins reports higher earnings and sales in Q2
Avionics and aircraft parts maker Rockwell Collins (COL) beat profit and sales expectations in the second quarter 2018, bolstered by strong...
Phillips 66 reports first quarter 2018 results
Energy company Phillips 66 (PSX) reported net earnings of $524 million, or $1.07 per share, for the first quarter of...
Square acquires website maker Weebly for $365 million
The small payments company Square Inc. (SQ), developed by Twitter co-founder Jack Dorsey, has been aggressively diversifying itself into new business...
T-Mobile and Sprint merger may happen next week
T-Mobile US Inc. (TMUS) and Sprint Corp. (S) appear to be making progress in their talks for a merger and...
Colgate-Palmolive shares fall on Q1 revenue miss
Consumer products company Colgate-Palmolive Co. (CL) witnessed a 3% decline in its shares during the premarket trading, after the company...
Higher volume, prices fuel Chevron’s earnings beat; Stock gains in early trading
Chevron Corp. (CVX) Friday reported robust earnings growth for the first quarter even as crude oil prices continue to spike....
Charter Communications stock rises after upbeat Q1
Cable services provider Charter Communications (CHTR) reported a rise in first-quarter earnings helped by higher adjusted EBITDA and lower severance-related...
ExxonMobil reports 16% hike in Q1 earnings
Exxon Mobil Corporation (XOM) reported total revenues and other income of $68.2 billion for the first quarter of 2018, up...
Marketing spend hurt Expedia Group results
Travel company Expedia Group (EXPE) reported a wider loss in the first quarter of 2018, primarily due to higher costs...
Data-centric businesses lift Intel’s first quarter results
Chipmaker Intel (INTC) reported its first-quarter results after the closing bell, with earnings and sales topping analyst estimates. The company...