JnJ beats Q2 2017 EPS estimates, raises FY17 outlook
Aided by a 4.4% increase in global sales, the medical devices & pharmaceutical company Johnson & Johnson (NYSE: JNJ) reported a better than anticipated fiscal 2017 second-quarter earnings. However, the revenue came below the Wall Street estimates. Thus, the stock
Read MoreInfosys beats Q1 estimates, raises FY18 growth view
On the last day of June, India’s second largest software technology company Infosys Ltd (NYSE: INFY) reported its results for the first-quarter ended June. At a time when Gartner has cautioned a decline in software spending across the globe, Infy
Read MoreWalmart turns weak as Amazon enters grocery business
The world’s largest retailer by revenue, Wal-Mart Stores (NYSE: WMT), saw its stock fall by 4.65% to $75.24 last Friday. The acquisition of organic food retailer Whole Foods Market (NASDAQ: WFM) by Amazon (NASDAQ: AMZN) paved way for the decline
Read MoreVivendi’s Q1 2017 adj. income up 57.2%, acquires Havas
Last month, media, content provider Vivendi SA (OTC: VIVHY) reported a 88.3% decline in the fiscal 2017 first-quarter earnings, compared with the corresponding quarter of 2016. Still, the stock price has so far managed to rally about 10% to close
Read MoreVolvo posts strong Q1 2017 earnings, order intake up 11% YoY
The stock of Swedish automaker Volvo (OTC: VLVLY) hit a new 12-month high of $17.036 last Friday. One of the main reasons for the appreciation in the share price is the 20% increase in operating margin in the fiscal 2017
Read MoreNovartis beats Street’s EPS view, Cosentyx sales up 136%
Despite posting a 17% y-o-y decline in the fiscal 2017 first-quarter net income, the stock of Swiss pharmaceutical giant Novartis Ag (NYSE: NVS) has appreciated by about 5% to $81 in the past one month. The company also reported 1%
Read MoreBoeing beats Q1 2017 EPS estimates, raises FY17 view
In the final week of April, the world’s biggest aircraft manufacturer Boeing Co (NYSE: BA) reported better than anticipated fiscal 2017 first-quarter earnings and revenue. However, profit booking took a toll on the share price, which fell from a 12-month high
Read MoreDisney turns weak on missing Q2 2017 rev. estimate
The stock of diversified media and entertainment company Walt Disney (NYSE: DIS) plunged about 6% to $109.05 last week, after the company reported fiscal 2017 second-quarter revenue that missed analysts’ estimates. The earnings, however, beat the Wall Street expectations by
Read MoreAIG UP on Q1 2017 earnings beat, additional share buyback
The stock of multi-national insurance company American International Group Inc. (NYSE: AIG) had appreciated by nearly 8% to about $63 in the past ten days. Expectations of good performance in the March quarter had pushed the price upwards and the
Read MoreBarclays signal downtrend on Q1 2017 decline in net profit
The British lender Barclays Plc (NYSE: BCS) reported better than anticipated fiscal 2017 first-quarter profit after tax, compared to last year. Following the announcement of results, the stock rallied around 7% to record a high of about $11.80. However, profit
Read More
