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...
Other Industries
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...
Humira lifts AbbVie’s first-quarter results
AbbVie’s first quarter results topped analyst consensus both on earnings and sales front, driven by double-digit sales growth from Humira,...
Shares dip even as lower taxes lift General Dynamics’ profit
Defense contractor General Dynamics Corp. (GD) posted upbeat first-quarter earnings as an increase in revenue from defense businesses offset a...
Toys R Us seeks approval to sell its Canadian arm to Fairfax
Shuttering of U.S. stores of the debt-laden retailer Toys “R” Us often raised questions about the uncertain future of its...
Caterpillar lifts estimates after upbeat first quarter
Earth-moving giant Caterpillar Inc. (CAT) posted better than expected first quarter results driven by a combination of strength in many...
Lockheed Martin flies higher as results top estimates
Earnings of Lockheed Martin (LMT), the biggest defense contractor in the country, increased sharply in the first quarter supported by...
Pfizer’s cancer drug hits FDA roadblock
With the loss of patent protection for its flagship drugs – Lipitor and Viagra – drugmaker Pfizer (PFE) has been struggling...
April 23: Top 52-week highs and lows of the day
Eleven Biotherapeutics Inc. (EBIO), a biologic oncology company, touched a new yearly high of $2.12 on Monday. According to a...
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...
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...
Qualcomm opts for mass layoffs as part of cost-cutting plan
Chipmaker Qualcomm (QCOM), which is trapped in the middle of the trade war between China and the US, is slashing...
General Electric finds itself at the center of the Southwest Airlines fatality
Wednesday’s Southwest Airlines (LUV) incident is arguably the first mid-air miracle since the one on the Hudson. However, the first...
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...
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...
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,...
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,...
New products drive sales at Abbott in Q1
Healthcare company Abbott Laboratories (ABT) reported worldwide sales of $7.4 billion for the first quarter of 2018, an increase of...
Amazon finds the healthcare space a hard nut to crack
Rumors surrounding Amazon’s (AMZN) foray into the trillion-dollar healthcare market had not only grabbed widespread media attention; it had also...
Cancer drugs lift Johnson & Johnson’s sales in Q1
Pharmaceutical giant Johnson & Johnson (JNJ) reported a 12.6% increase in sales to $20 billion for the first quarter of...