Business News
Earnings: Qualcomm Q2 results exceed forecast; stock falls on weak guidance
Qualcomm (QCOM) Wednesday reported a decline in second-quarter earnings and revenues, reflecting the ongoing slump in the semiconductor market. The results,…
Comcast acquires WiFi service provider Deep Blue Communications
Days after reporting strong financial results for the first quarter, cable communications firm Comcast (Nasdaq: CMCSA) Wednesday said it closed…
Earnings preview: New product launches in focus as Teva gets ready for Q1 report
Teva Pharmaceutical (NYSE: TEVA) has long endued uncertainties in business even as the generic drug maker continued its efforts to…
Earnings: Humana Q1 profit climbs on strength of Medicare biz; lifts FY19 guidance
Healthcare service provider Humana, Inc. (NYSE: HUM) Wednesday reported better than expected earnings and revenues for the first quarter, helped…
Earnings: Groupon stock climbs after Q1 results top expectations
Groupon (Nasdaq: GRPN) said its adjusted earnings remained unchanged from last year in the first quarter even as revenues declined. However,…
Amgen Q1 earnings beat Street view; lifts full-year earnings guidance
Biotechnology firm Amgen (Nasdaq: AMGN) reported first-quarter earnings that increased from last year and exceeded estimates, while revenues remained unchanged. Meanwhile,…
Pfizer Q1 profit tops expectations; raises FY19 earnings outlook
Pharma giant Pfizer (NYSE: PFE) Tuesday reported stronger than expected earnings and revenues for the first quarter of 2019. The…
Earnings preview: Settlement with Apple in focus ahead of Qualcomm’s Q2 report
When Qualcomm (Nasdaq: QCOM) reports second-quarter results Wednesday, the spotlight will be on the chipmaker’s settlement of patent lawsuits with…
For General Motors, strong pricing might ease the impact of sales slump in Q1
Investor sentiment has been sluggish ever since General Motors (NYSE: GM) recently reported that US deliveries dropped sharply in the…
Earnings preview: Chevron headed for a weak Q1 amid low oil prices
After ending 2018 on a positive note, energy exploration company Chevron (NYSE: CVX) will be reporting first-quarter earnings Friday before…
United Parcel Service stock drops on Q1 earnings miss; reaffirms FY19 EPS outlook
United Parcel Service (NYSE: UPS) reported a decline in earnings for the first quarter. The results also missed market expectations…
Earnings: Tesla reports net loss for Q1; revenues miss estimates
Tesla, Inc. (Nasdaq: TSLA) reported a wider-than-expected net loss for the first quarter of 2019 as the demand for electric…
Earnings preview: What to expect when Intel reports Q1 results
Intel’s (Nasdaq: INTC) upcoming quarterly report, the first under new CEO Robert Swan, will be followed closely by investors considering…
Earnings: Caterpillar Q1 results beat Street view amid stable demand; stock gains
Caterpillar, Inc. (NYSE: CAT) reported broad-based sales growth and higher earnings for the first quarter of 2019, beating analysts’ predictions, helped…