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Exxon Mobil’s quarterly profit jumps 50 percent
In the third quarter 2017 Exxon Mobil posted net income of $3.97 billion, 93 cents per share. Production rose about 2 percent. Exxon Mobil Corp,...
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IBM achieved double-digit growth in third-quarter 2017
IBM announced third-quarter 2017 earnings results. Double-digit growth, revenue up 11 percent. IBM (NYSE: IBM) today announced third-quarter earnings results. “In the third quarter we...
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Ford sales up 8.7 percent in September
Ford Motor Company’s U.S. sales increased 8.7 percent in September. Retail sales up 4.4 percent compared to a year ago. Ford Motor Company’s U.S. sales...
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Intel declares quarterly cash dividend
The dividend will be payable on Dec. 1, 2017, to stockholders of record on Nov. 7, 2017. Intel Corporation’s board of directors has declared a...
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ExxonMobil: India renegotiates the 20-year LNG contract
If ExxonMobil had not agreed to renegotiate, Petronet might have scrapped the agreement. According to Fitch Ratings the renegotiation of a 20-year liquefied natural gas...
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DA Davidson initiated coverage on Amazon’s stock
Amazon.com (AMZN) stock coverage was started with a Buy rating and a 12–18-month $1,300 price target at DA Davidson. Equities researchers at DA Davidson initiated...
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Gilead Sciences to acquire Kite Pharma
Gilead Sciences will acquire Kite for $180.00 per share in cash. The transaction is anticipated to close in the fourth quarter of 2017. Gilead Sciences,...
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Apple reports the third consecutive quarter of accelerating growth
In the third quarter 2017 Apple revenue increased of 7 percent and EPS of 17 Percent. Services revenue hits All-Time quarterly record. Apple announced financial...
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A good second quarter and first half of the year for Facebook
Facebook reports second quarter 2017 results. Daily active users increase of 17%, Mobile advertising revenue increase of 84%. Facebook, Inc. (NASDAQ: FB) reported financial results...
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AMD: second quarter 2017, double digit revenue growth
AMD reported second quarter 2017 financial results. Revenue increased 19 percent Year-over-Year, improved financial performance. AMD (NASDAQ:AMD) today announced revenue for the second quarter of...
