Amazon (NASDAQ:AMZN) reported earnings of 52 cents per share, missing expectations of 78 cents per share, on revenues of $32.7 billion. While the 28.9% sales growth is impressive, it only came in-line with analysts’ expectations. […]
Ruth Porat – CFO Alphabet, Inc. Our revenue of $22.5 billion in the third quarter underscores the terrific performance of our businesses globally. For the quarter, our consolidated revenue grew 23% in constant currency versus […]
Canadian aerospace and train manufacturer Bombardier (OTCQX:BDRAF, OTCQX:BDRBF) plans to deepen its job-cuts program, saying it will axe 7,500 positions, or 10% of its global workforce, over the next two years as it doubles down […]
Morgan Stanley (NYSE:MS) stands to collect $120M if Bayer (OTCPK:BAYRY) closes its $57B takeover of Monsanto (NYSE:MON), which would be the second-largest deal fee for a single bank on record. The payout is a bright […]
Ericsson’s shares were -4.7% premarket after the telecom-network provider reported a Q3 net loss of 233M kronor ($26M), more than double estimates of 112M kronor. Last year the company made a profit of 3.1B kronor. […]
Daimler’s Q3 net profit climbed 8.8% to €2.595B, boosted by strong sales of the German car company’s new Mercedes-Benz E-class models and sport-utility vehicles. Daimler’s (OTCPK:DDAIF) revenues grew 4% to €38.6B, pretty much as expected, […]
SAP’s Q3 adjusted operating profit rose 1% to €1.64B as revenue climbed 8% to €5.4B and topped forecasts of €5.3B. SAP (NYSE:SAP) obtained over 400 new customers for its flagship S/4 Hana cloud platform, with […]
Microsoft’s shares climbed 5.4% premarket and topped the stock’s all-time high of $59.56 after its FQ1 earnings exceeded expectations and sales of its cloud platform Azure more than doubled. EPS came in at $0.76 while […]
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