Alaska Air Group reports 5% hike in revenue
Alaska Air Group (ALK) reported a 5% increase in total operating revenue to $1.8 billion in the first quarter of...
Earnings
Comcast shifts to expansion mode; joins hands with Charter
Days after setting off a bidding war, telecommunication conglomerate Comcast (CMCSA) joined hands with Charter Communications (CHTR) to spruce up...
Nothing’s looking ‘fine’ for Wells Fargo
Wells Fargo & Co. (WFC) was handed a fine of $1 billion in a case relating to malpractices in its...
Schlumberger profits jump 88% in first quarter
Companies in the energy sector have started rolling out their earnings. And one of the big oilfield service providers Schlumberger...
Kansas City Southern reports strong first quarter 2018 results
Kansas City Southern (KSU) reported a 5% jump in revenues for the first quarter of 2018 to $639 million compared...
Barclays CEO gets to keep job after whistle-blower scandal
Barclays’ CEO James E. Staley has been awarded a fine for his attempts to find the identity of a whistle-blower,...
General Electric Q1 earnings beat expectations, triggers stock rally
Engineering behemoth General Electric (GE) reported an increase in first quarter profit, helped mainly by improved performance by the aviation...
Honeywell lifts 2018 outlook after upbeat Q1
Industrial conglomerate Honeywell International Inc. (HON) reported better-than-expected first-quarter results, backed by exceptional sales performance across its segments. The company...
Skechers Q1 earnings up 25%; shares plummet on downbeat outlook
Footwear maker Skechers USA (SKX) Thursday said its first-quarter profit jumped sharply helped by record revenue growth. The company, however,...
New day, new bankruptcy: Bon-Ton bids goodbye
The state of the retail sector and the increasing bankruptcies of popular retailers have been discussed at length in every...
Shire rejects Takeda’s $60-billion takeover offer
Irish drugmaker Shire (SHPG) has been in the limelight ever since the Japanese giant Takeda made an acquisition offer. The...
Expenses weigh on Procter & Gamble earnings in Q3
Consumer goods company Procter & Gamble Co. (PG) reported a 1% decline in third-quarter earnings due to increase in costs...
Earnings jump 40% for KeyCorp as stock rallies to level losses
Bank holding company KeyCorp (KEY) reported an increase in first-quarter earnings, aided by the higher interest rates and benefits from...
Strong product demand boosts Grainger’s first quarter results
Grainger (GWW) reported better-than-expected first quarter results, primarily due to strong demand and better volumes in its US business. The...
P&G ditches Pfizer, picks Merck’s consumer health business
After weeks of offers and speculations, a deal has finally been struck in the consumer health space, though not really...
Quest Diagnostics reports Q1 revenue of $1.88 billion, up 3.7%.
Quest Diagnostics (DGX) reported positive top and bottom line results for its first quarter, with revenue increasing to $1.88 billion,...
Danaher reports strong first quarter 2018 results
Danaher Corporation (DHR) posted strong performance for the first quarter of 2018, which was broad-based across most of its platforms,...
Quarterly profit climbs 21% for Kinder Morgan
Kinder Morgan (KMI), which controls North America’s largest network of natural gas pipelines, reported a 20.9% jump in first-quarter earnings...
United Rentals profit surges on rental revenue
Equipment rental operator United Rentals (URI) reported better than expected first quarter earnings backed by higher rental revenue. The company,...
Amex stock sees sharp gains on Q1 earnings beat
Credit card company American Express (AXP) reported better than expected earnings for the first quarter as a marked increase in...
Toys R Us rejects offer from Bratz toymaker
Toys R Us rejected an $890-million offer from Isaac Larian, founder of MGA Entertainment Inc., to buy more than 300...