The world's biggest chipmaker Intel Corp. (INTC) is due to release its third-quarter results after the market close on Tuesday, October 13, 2015, with analysts polled by Thomson Reuters expect earnings of $0.59 per share and revenues of $14.24 billion.
A proposed tentative four-year agreement between automaker Fiat Chrysler Automobiles NV and the United Auto Workers union will eliminate a much-hated two-tier pay structure and also enable new workers to receive wages at par with their senior colleagues within eight years, reports said.
Import prices in the U.S. saw a modest decrease in the month of September, according to a report released by the Labor Department on Friday, with a drop in non-fuel prices offsetting a rebound in fuel prices.
Following the rally seen late in the previous session, stocks may see some further upside in early trading on Friday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 52 points.
Railroad operator CSX Corp. (CSX) will chug along a bumpy track with its third-quarter financial results after the market close on Tuesday, October 13, 2015.
Tunisian National Dialogue Quartet has won Nobel Peace Prize for 2015, beating famous contenders, including Pope Francis and German Chancellor Angela Merkel. Announcing the award, the Norwegian Nobel Committee said the Quartet was chosen for its decisive contribution to the building of a pluralistic democracy in the country, in the wake of the Jasmine Revolution of 2011.
Early indications suggest that Wall Street stocks may open Friday's session little changed. However, the commodity rally underway gives hope that it will pull the equity markets along with it. Asian stocks closed higher earlier in the global trading day, while the European markets are also advancing...
Congenital blindness is terrible but even worse is the condition of going blind after enjoying sight for part of one's life. Myopia, or short-sightedness, is one of the leading causes of blindness. With a large number of people progressing to high levels of myopia, the number of people at risk of blindness could touch 1 billion by 2050, say researchers at the Brien Holden Vision Institute.
The world faces the alarmingly increasing incidents of drones flying near sensitive areas. Its going to be a no-issue soon as three British companies have created a device to deter drones and freeze them in mid-flight. The Anti-UAV Defense System or Auds works by covertly jamming a drone's signal, making it unresponsive.
This could be heart warming for those Internet surfers in most Western states. Comcast is out to woo them with an irresistible offering. The cable television company announced late Thursday that subscribers to many popular XFINITY bundles can have their download speed augmented to 75 Mbps or 150 Mbps depending on Performance Pro or Blast! Pro, the two speed tiers it is offering.
Here is a quick summary of the earnings reported after the bell on October 8.
Q1 GAAP net loss was $0.8 million, or $0.02 per share, compared to net income of $0.5 million, or $0.01 per share a year ago.
Q1 adjusted net income was $4 million, or $0.11 per share, compared...
Singapore Post Thursday said it successfully tested a last mile mail and packet delivery via drone. This is the first time in the world that a postal service has successfully used a drone for point-to-point recipient-authenticated mail delivery, it added.
The European markets are seen opening higher on Friday amid bets major central banks will keep their ultra-loose monetary policies in place for as long as it takes to push inflation up and revive growth in the face of recent turbulence in emerging markets.
U.S. stocks rose overnight, with the S&P...
Verastem Inc. is reducing its workforce by approximately 50% to 20 full time employees. The company suffered a blow on September 28, 2015, with the stock losing 67% of its value, following an enrollment halt to a phase II study of its lead drug candidate VS-6063 for patients with mesothelioma due to futility.
Gap (GPS) revealed lower sales for September, a month the clothing retailer described as "challenging." A negative impact from foreign currency exchange and weakness in its Banana Republic division weighed on results. Gap said its net sales for the 5-week period ending October 3 dropped 1 percent from last year.