economy

Yelp Shares Jump on Better-than-expected Earnings

Yelp Shares Jump on Better-than-expected Earnings

Yelp Inc. (NYSE: YELP) shares rose more than 27 percent on Friday after the company announced quarterly earnings that beat analysts’ estimates and to sell its online food-ordering business Eat 24 to GrubHub.Yelp agreed to sell Eat24 to GrubHub..

Viacom Announced Strong Q3 Results

Viacom Announced Strong Q3 Results

Viacom, Inc (NASDAQ:VIAB) announced strong Q3 results for 2017, but slight tidbits have led to the stock crashing 11%. Though the company had reported an 8% revenue growth for the quarter, as well a 57% growth in net earnings as a result of the sale..

Molina Healthcare Reported Financial Results for the Second Quarter

Molina Healthcare Reported Financial Results for the Second Quarter

This week, Molina Healthcare, Inc. (NYSE: MOH) announced its Q2 financial results, with a net loss but revenue beating expectations.For the second quarter of 2017, the company reported a net loss of $4.10 per share, compared with analysts’ est..

Aetna beats Q2 estimates

Aetna beats Q2 estimates

Aetna Inc.’s (NYSE: AET) second quarter earnings report, revealing a 52 percent jump in profit, elevated the stock in early Thursday trading.The nation’s third largest insurer beat on earnings, as analysts had expected on average an EPS ..

Thomson Reuters beats Q2 estimates

Thomson Reuters beats Q2 estimates

Thomson Reuters (NYSE: TRI) reported its second quarter earnings Tuesday morning and reported higher earnings than estimated due to demands for market data.The company reported second-quarter net earnings of $206 million, or 27 cents per share, comp..

JP Morgan to Cut $200 Million off Chase Sapphire Reserve Cards

JP Morgan to Cut $200 Million off Chase Sapphire Reserve Cards

JP Morgan Chase & Co. (NYSE: JPM) aims to cut costs of about $200 million in the unit that oversees the Sapphire Reserve credit card due to high demand and the card’s generous rewards.Consumers are willing to pay the $450 annual fee for a ..

China’s Baidu Shares Soar as Profit Jumps

China’s Baidu Shares Soar as Profit Jumps

Baidu, Inc.(NASDAQ: BIDU), China’s internet search giant, on Thursday reported second quarter financial results that topped analysts’ estimates, sending its shares up more than 10 percent.Baidu said profit jumped 83 percent to 4.415 bill..