News
MasterCard faces $18 billion lawsuit in UK
The share price of electronic payment service provider MasterCard Inc. (NYSE: MA) has started to retreat once again after hitting the $100 mark. The stock made numerous valiant attempts to break the $100 barrier in the past six months. However,
Read MoreUK Trade Secretary Calls British Businesses Too Lazy To Boost Exports
UK International Trade Secretary Liam Fox has stirred up a storm after saying that British corporate executives are too lazy to work hard and improve the country’s export capabilities. The controversial comments were made by Fox at a social function
Read MoreBroadcom Q3 results beat estimates, issues strong Q4 view
The share price of the semiconductor chip manufacturer Broadcom (NASDAQ: AVGO) declined by about $6 in the past one week after the company reported a swing to a loss in the fiscal 2016 third-quarter. The Q3 revenue and earnings, however,
Read MoreMedtronic’s Q1 EPS beat estimates, confirms FY17 EPS view
Medical technology and services company Medtronic Plc (NYSE: MDT) reported a 1% y-o- y decline in the fiscal 2017 first-quarter revenue. However, the revenue was in line with the analysts’ estimates. The Q1 earnings also topped the Street views. Considering
Read MoreDeere’s Q3 revenue miss estimates, trims FY16 review
Last Friday, the world’s largest farm equipment manufacturer Deere & Company ‘John Deere‘ (NYSE: DE) reported fiscal 2016 third-quarter earnings that beat the analysts’ estimates. The astounding Q3 earnings and the raise in the fiscal 2016 EPS guidance have propelled
Read MoreMicrochip’s Q1 EPS beat estimates, issues strong Q2 view
Microchip Technology Incorporated (NASDAQ: MCHP), the manufacturer of micro-controller and analog computers, posted a better than expected fiscal 2017 first-quarter earnings. However, the revenue missed the Wall Street estimates. Considering the y-o-y growth in revenue and appreciable second-quarter revenue and
Read MoreAmetek misses Q2 rev. estimates, issues weak Q3 EPS view
Last week, Ametek, Inc (NYSE: AME), the manufacturer of electronic instruments and electromechanical devices reported a decline in the fiscal 2016 second-revenue, compared to the corresponding period last year. The revenue also missed the analysts estimate. The earnings were in
Read MoreBank of Hawaii’s Q2 results tops estimates
Yet another bank in the US has posted better than anticipated fiscal 2016 second-quarter results. Having pleased with the quarterly earnings of the Bank of Hawaii Corp (BOH), the traders at NYSE took little time to propel the stock price
Read MoreCogeco swings to Q3 loss on impairment charges
The shares of Cogeco Communications Inc. (CCA.TO) fell about 9% last week, following the announcement of fiscal 2016 third-quarter loss, compared to net profit in the similar period last year. The 11 th largest hybrid fiber coaxial cable operator in
Read MoreIHS tops Q2 estimates, reiterates FY16 guidance
Last week, the fiscal 2016 second-quarter results reported by the business research provider IHS Inc. (IHS) propelled its share price from a low of $107.85 to a high of $117.36. The earnings and revenue also exceeded the analysts’ estimates. Still,
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