Trading in the U.S. index futures suggests that Wall Street stocks may seek to rebound on Thursday after the FOMC statement roiled the markets yesterday. Earnings released yesterday after the market close yesterday were largely mixed and the markets gear up to receive earnings reports from companies...
Boeing 747-8 will serve as the next US presidential aircraft, commonly known as Air Force One. Air Force News Service reported that Air Force Secretary Deborah Lee James, in coordination with Under Secretary of Defense for acquisition, technology and logistics Frank Kendall, selected Boeing 747-8 ahead of Airbus A380, the only two companies that manufacture four-engine, wide-body platforms that c
European stocks fell on Thursday, tracking weakness on Wall Street overnight, after the U.S. Federal Reserve's first policy statement of 2015 indicated that officials are on track to raise short-term interest rates later this year.
The Fed reiterated its pledge to remain patient in beginning to normalize...
British beverages giant Diageo Plc reported Thursday lower profit in its first half even as sales were benefited by strong volume growth mainly with continued strong performance of reserve brands. Chief Executive Ivan Menezes said, "We have already taken action to improve the performance of those brands and markets that have not performed as well as we would expect."
Here is a list of interesting earnings for Jan 29
1.Semiconductor company Cirrus Logic Inc (CRUS) on Wednesday reported third-quarter net earnings of $22.7 million or $0.35 per share compared with $41.5 million or $0.63 per share last year.
Excluding items, adjusted earnings for the quarter were...
Shares of Infineon Technologies AG were gaining around 4 percent in the morning trading in Germany after the chip maker reported Thursday significant growth in the first-quarter profit, benefited by higher revenues and margin. Looking ahead, the company projects sales growth in its second quarter and fiscal 2015, amid challenging market conditions.
German lender Deutsche Bank AG Thursday reported a profit in its fourth quarter, compared to prior year's loss, mainly reflecting lower expenses and provision for credit losses, as well as higher revenues in Corporate Banking & Securities segment.
Telecom-gear maker Nokia Corp. (NOK) Thursday reported a profit for the fourth quarter, compared to a loss last year, supported by a 9 percent growth in sales with significant increase in North America. Further, the company lifted its non-IFRS operating margin outlook for the HERE division for 2015.
European stocks look set to open on a subdued note Thursday after the U.S. Federal Reserve's policy statement turned out to be less dovish than expected. While reiterating its previous pledge to remain patient in raising interest rates, the Fed's policy-making committee struck an upbeat tone on the U.S....
The promise of green tea as a potential chemopreventive agent of mouth cancers in high-risk patient population has been known for quite some time now, and it has been credited to epigallocatechin-3-gallate, or EGCG, a compound found in green tea.
South Korean conglomerate Samsung Electronics Co. Ltd. reported Thursday a profit for the fourth quarter that declined 27 percent from last year, despite an uptick in memory demand, reflecting lower operating margins and soft sales growth of smartphones amid intensifying competition. Sales and operating profit for the quarter came in just above Samsung's guidance released earlier in the month.
Qualcomm reported a five percent increase in first-quarter profit, driven by demand for chips used in mobile phones and other devices, with results topping Wall Street estimates. The company cut its guidance for the full year, citing competition in China, sales to a key customer and revised expectations related to OEM mix. Qualcomm shares slid 8%, following the announcement.
Casino operator Las Vegas Sands Corp (LVS), Wednesday reported an increase in profit for the fourth quarter, as lower operating costs helped offset a revenue drop of 7 percent. Earnings for the quarter trumped Wall Street estimates, but revenues fell short of expectations hurt by weak Macau operations.
Social networking giant Facebook, Inc. said Wednesday after the markets closed that its fourth quarter profit rose 34% from last year, as revenue surged amid strong growth in mobile advertising. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue.
After failing to sustain an initial upward move, stocks showed a substantial downturn over the course of the trading day on Wednesday. The losses on the day extended the sell-off seen in the previous session, with the Dow falling to its lowest closing level in over a month.