Wall Street waits with bated breath for Apple’s earnings. After all, a $1 trillion market cap implies hefty expectations for the tech giant. Amid a general downdraft in technology companies, investors fret about slowing growth, about interest rates, about the state of the mighty U.S. consumer...
Smartwatches and repeat customers helped Fitbit beat analyst revenue expectations in the third quarter of 2018 — and those two factors could become even more important in the months to come. Enterprise healthcare, too, could provide more fuel for future growth, company executives said. Get the...
Yum! Brands beat Wall Street’s expectations when its earnings were released Wednesday, as an assortment of new menu offerings were successful in drawing more foot traffic into its Taco Bell and KFC locations this quarter. According to reports, pickle-fried chicken and nacho fries were big draws....
Samsung Electronics smartphone sales will increase in the holiday shopping season, with the general trend lasting into 2019, the company said when announcing its Q3 results. But competition and marketing expenses will cut into profits, and mobile revenue declined about 12 percent year over year....
It was unlikely that the Facebook’s Q3 earnings release could ever touch Q2 for drama — the social media site hemorrhaged 20 percent of its share price overnight. Those kinds of earnings fireworks are rare events. Get the Full Story Complete the form to unlock...
More than a month ago, eBay started managing payments on its U.S. marketplace platform, and on Tuesday (Oct. 30), the first results of that effort were in. The eCommerce operator, which released its third quarter 2018 results, said it has intermediated $38 million of gross...
GE, in conjunction with reporting a third-quarter loss of $2.63 a share, revealed that it is slashing its quarterly dividend, is reorganizing its Power unit and is the subject of a Department of Justice inquiry into accounting at the conglomerate. Get the Full Story Complete the...
Investors have their anxious eyes on Facebook this Tuesday (October 30), as the social media operator plans to report third-quarter 2018 results after the market close. The company suffered its biggest one-day market value loss in July on warnings of slow growth for the rest...
Payments processing firm First Data had headline results that sent the stock tumbling on revised guidance tied to FX headwinds — but underlying business trends show traction across key segments such as ISV channels and through POS offering Clover, which saw processing volumes up 45...
