Chipmaker ARM Holdings Plc. (ARM.L, ARMH) Tuesday said profit for the second quarter increased significantly from last year, as sales improved with increase in demand for the company's technology in smart mobile devices, consumer electronics and embedded computing chips.
French advertising and communications firm Publicis Groupe SA Tuesday reported a decline in the first-half profit, amid higher expenses and flat revenues. However, the firm expects a much better improvement in the second half of the year.
Norwegian aluminium producer Norsk Hydro ASA reported Tuesday a profit in its second quarter, compared to last year's loss, reflecting gains, significantly lower foreign exchange loss as well as improved revenues. CEO Svein Richard Brandtzæg said, "Aluminium demand continues to exceed production resulting in a tight market, and we see the all-in metal prices at their highest levels since 2012."
The FDA is warning consumers to avoid powdered pure caffeine sold over the internet as it is potentially dangerous and can result in death. Caffeine is one of the most commonly used stimulants in the U.S.
European stocks may follow their Asian peers higher on Tuesday, as investors set aside geopolitical concerns for the time being to focus on earnings and signs of improvement in the world's largest economy.
U.S. stocks closed well off their intraday lows overnight and Ukraine's pro-Russian rebels...
Swiss lender Credit Suisse Group (CS) Tuesday reported a loss for the second quarter, compared to a profit last year, hit by a hefty charge related to assistance given to certain U.S. taxpayers.
Shares of TG Therapeutics Inc. rose over 5 percent to $10.11 in extended trading on Monday, following promising results from a phase I study of its combination of investigational drugs - TG-1101 and TGR-1202 - in patients with advanced chronic lymphocytic leukemia and non-Hodgkin's lymphoma.
Chipotle Mexican Grill Inc. (CMG) Monday reported a near 26 percent increase in profit for the second quarter, as revenues surged on new restaurant openings and strong same-restaurant sales. Earnings and revenues for the quarter came in ahead of analysts estimates. Shares surged 10 percent in after hours...
Netflix reported an increase in quarterly profit as the online video service provider added more subscribers. However, earnings missed Wall Street estimates, reflecting costs incurred on content, while revenues surpassed expectations. Netflix provided weak earnings outlook for the third quarter, even as it indicated subscriber growth, mainly at its international segment.
Texas Instruments Inc., the world's largest maker of analog chips, said Monday after the markets closed that its second quarter profit rose 3% from last year, as revenue increased 8%. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave an upbeat outlook for the third quarter.
After coming under pressure in early trading on Monday, stocks regained some ground over the course of the trading session but still closed modestly lower. The pullback on the day partly offset the strength that was seen last week.
U.S. crude oil ended sharply higher on Monday, as lingering concerns over supply disruption persisted with investors focused on escalating tensions in eastern Ukraine following a Malaysian Airlines passenger jet crash and developments in Gaza.
Investors continued with their focus on geopolitical conflicts...
Gold futures ended moderately higher Monday, on its safe haven appeal with investors shunning riskier assets amid mounting worries over developments in Ukraine, Israel and the Middle East.
Investor focus remained on the developments in eastern Ukraine and Gaza, with little or no major U.S. economic...
With his second term becoming increasingly dominated by turmoil overseas, President Barack Obama addressed both the conflict in Gaza and the Malaysia Airlines crash in Ukraine in remarks on Monday.
While conflicts overseas have recently attracted a lot of attention, the results of a new Politico poll found that battleground voters oppose U.S. involvement in Ukraine, Afghanistan, Iraq and Syria by large margins.