The stock hit new 52-week and all-time highs, although its 4% after-hours gain will have to hold up until Wednesday’s session to officially count. Adobe (NASDAQ:ADBE) beat on earnings per share estimates and marginally topped […]
Mubadala Development Co., the Abu Dhabi sovereign fund merging with International Petroleum Investment Co., posted a 4.43 billion-dirham ($1.2 billion) loss in the first half because of lower commodities prices and smaller gains from financial […]
With net profits down slightly in the second quarter from the first three months of the year, South Korea’s 54 securities companies ended the first half of 2016 with a decline in profit of more […]
Uber (Private:UBER) has reportedly generated losses of almost $1.3 billion in the first half of the year. The company has been valued at more than $60 billion, and even as high as $69 billion, according […]
Uber reportedly lost more than $750 million in the most recent quarter, including $100 million domestically after a first-quarter profit in the US. Driver subsidies accounted for most of Uber’s losses, according to the company, […]
While the gains seem to be boosting the stock a little late, keep in mind shares are up more than 30% on the year now. It’s been a trend higher, as investors are cheering its […]
The world’s biggest manufacturer of personal computers, China’s Lenovo Group, reported that profit shot up 64%, to $173 million, for the quarter ended in June, outstripping the $130.1 million average of forecasts by analysts Reuters […]
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