Category: Retail & Consumer Goods

What to Expect in Chesapeake’s Q3 Earnings

Chesapeake Energy Corporation (NYSE: CHK) is scheduled to report its financial results for the third quarter of fiscal year 2016 during the pre-market hours on November 3. In this …

GoPro May Not Hit Original Revenue Estimates

GoPro Inc. (NASDAQ: GPRO) is expected to fall behind its previous revenue estimates, due to the temporary shutdown of shipments to Amazon.com Inc (NASDAQ: AMZN). According to Ms. Erinn …

General Electric Acquires LM Wind Power

General Electric Company (NYSE: GE) recently announced that it is considering to acquire LM Wind Power for around $1.65 billion. Because of this, RBC Capital reaffirmed a rating of …

Partners IBM, Box Introduces Box Relay

The tech giant IBM and online storage firm Box unveiled the Box Relay, which is the first of the new products that Box will launch this week during the …

Microsoft Acquires AI Startup

Microsoft Corporation (NASDAQ: MSFT) recently stated that it has agreed to purchase artificial intelligence app Genee, which is an application that serves as a digital personal assistant that can …

Why Alibaba is Rallying

The stock of Alibaba Group Holding Ltd. (NYSE: BABA) has been on an upward trend since the opening bell on Wednesday—a day before the Chinese ecommerce giant is scheduled …

Exelon Beats Q2 Earnings Estimates

Exelon Corporation (NYSE: EXC) reported its second quarter financial results for the current fiscal year on August 9. The energy company announced adjusted earnings per share of $0.65, topping …

Why Micron Stock is Trading in the Green

The stock of Micron Technology Inc. (NASDAQ: MU) has been trading higher since the early morning on Thursday. As of the time of writing, the stock of Micron is …

Apple Gets Go Signal to Sell Solar Power

Apple Inc. (NASDAQ: AAPL), which invested $850 million during the previous year for the 130-megawatt solar farm close to  San Francisco, can start selling solar energy into wholesale markets.On …

Verizon to Buy Fleetmatics for $2.4B

Verizon Communications Inc. (NYSE: VZ) and Fleetmatics Group PLC recently announced that they have entered into a definitive deal, wherein the telecommunications company will purchase Fleetmatics for $60.00 per …

Apple Revenues Could Drop 20% in China

The revenues of Apple Inc. (NASDAQ: AAPL) in China could slump by 20 percent in China in its earnings report for the quarter, based on a research by Baidu—the …

Intel Reports Mixed Results for Q2

The multinational chip manufacturer Intel Corporation (NASDAQ: INTC) has recently reported its earnings results for the second quarter and the figures are mixed. The tech giant posted $13.5 billion …

Microsoft Updates Microsoft Wallet App

Microsoft Corp. (NASDAQ: MSFT) stated that mobile phone users utilizing the Microsoft Wallet application can now pay at traditional retail stores by tapping their mobile handsets on terminals located …

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