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Swiss specialty chemicals company Sika AG (SXYAY.PK, SKFOF.PK) reported that its profit after tax for the first nine months of the year increased to 566.8 million Swiss francs from last year's 527.7 million francs. Operating profit or EBIT improved 10.6 percent to 805.9 million francs from prior year's...

E-commerce giant Amazon (AMZN) announced Thursday three new renewable energy projects in the US and UK. Once complete, the three new Amazon renewable energy wind and solar projects will provide 265 MW of additional renewable capacity. They are expected to begin producing energy in 2021. These would...

Dialog Semiconductor Plc (DLGNF.PK) announced Thursday that it expects to report higher than anticipated revenue and profitability for the third quarter. For the quarter ended September 27, the company now expects revenue of approximately $409 million, 2 percent above the high end of previous outlook...

Ford Motor Company (F) lowered its guidance for full-year company adjusted EBIT to between $6.5 billion and $7.0 billion, compared with $7.0 billion in 2018. Full-year adjusted earnings per share is now anticipated to be $1.20 to $1.32, versus $1.30 in 2018. The company said the fourth-quarter headwinds...

HNI Corp. (HNI) said its estimate of full year non-GAAP earnings per diluted share has narrowed and is expected to be in the range of $2.50 to $2.60 versus the previous guidance range of $2.50 to $2.70. The company expects full year organic sales to be up approximately 1 percent. This compares to the...

Xilinx, Inc. (XLNX) said its Board of Directors approved a new authorization for the company to repurchase up to $1.0 billion of its common stock. The company noted that the timing of share repurchases and exact number of common shares to be purchased will depend upon prevailing market conditions and...

Edwards Lifesciences Corp. (EW) said, for 2019, the company now expects total sales around the top of its previous $4.0 billion to $4.3 billion range. The company raised its full year 2019 adjusted earnings per share guidance to $5.50 to $5.65 from $5.20 to $5.40. Analysts polled by Thomson Reuters expect...

eBay Inc. (EBAY) reported that its third-quarter earnings per share increased 19 percent to $0.67 from $0.56, prior year. On average, 32 analysts polled by Thomson Reuters expected the company to report profit per share of $0.64, for the quarter. Analysts' estimates typically exclude special items. In...

Software giant Microsoft Corp. (MSFT), Wednesday reported a profit and revenue for the first quarter that beat Wall Street analysts' estimates driven by growth in cloud business. Redmond, Washington-based Microsoft reported first-quarter profit of $10.68 billion or $1.38 per share, up from last year's...

PayPal Holdings, Inc. (PYPL) reported that its third-quarter non-GAAP earnings per share increased 5 percent year-on-year to $0.61, which includes net unrealized loss of $0.15 per share from strategic investments. Excluding the impact of unrealized losses, non-GAAP earnings per share was $0.76, up 31...

Microsoft Corp. (MSFT) reported first-quarter earnings per share of $1.38, an increase of 21 percent from a year ago. On average, 29 analysts polled by Thomson Reuters expected the company to report profit per share of $1.24, for the quarter. Analysts' estimates typically exclude special items. First-quarter...

Lockheed Martin (LMT) Wednesday said it has agreed to sell its Distributed Energy Solutions Group to TRC Companies. The sale is part of Lockheed Martin Energy's strategy to focus on products and technology for the energy marketplace and the Department of Defense. Distributed Energy Solutions is...

The U.S. Food and Drug Administration has for the first time allowed a tobacco company to advertise products as less riskier than smoking cigarettes. FDA has approved Swedish Match USA, Inc. to market eight of its snus smokeless tobacco products with claim that they "puts you at a lower risk of mouth...

Biogen Inc. (BIIB) reportedly are "reasonably confident" that the U.S. Food and Drug Administration will approve its experimental Alzheimer's drug. According to CNBC, Biogen CEO Michel Vounatsos told that he is "reasonably confident" of receiving approval from FDA for aducanumab, its experimental...

spotify-oct23.jpg Spotify is offering free Google Home Mini speakers to all new and existing Spotify Premium users in the U.S. The music streaming service said Tuesday that the Google Home Mini offer is for all eligible Premium Individual and Premium Family master account users in the U.S. The offer is available through November 15, or until supplies last.

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