profit

Alibaba Shares Fall on Q3 Revenue Miss

Alibaba Shares Fall on Q3 Revenue Miss

Alibaba (NYSE: BABA), the Chinese e-commerce giant continues to grow fast. The company reported second-quarter revenue of USD 12,398 Million on Friday and earnings per share of USD 1.11. This beats analysts expectations of USD 1.08 a share. It&rsquo..

Exxon Mobil Reported Third Quarter Earnings

Exxon Mobil Reported Third Quarter Earnings

Exxon Mobil Corp. (NYSE: XOM) on Friday reported third-quarter earnings and revenue that beat analysts’ expectations on higher prices received for its oil and natural gas and improved performance in its drilling operations and fuel refining se..

Baidu Shares Rise on Better-than-Expected Earnings

Baidu Shares Rise on Better-than-Expected Earnings

Chinese internet giant Baidu, Inc. (NASDAQ: BIDU) on Tuesday announced third quarter earnings that beat analysts’ estimates, sending the shares up 3.6%.Chinese search company said total revenue rose 27% to RMB 28.2 Billion (USD 4.11 Billion) i..

Tesla Faces Another Criminal Probe Over Model 3 Production Numbers

Tesla Faces Another Criminal Probe Over Model 3 Production Numbers

The FBI is reviewing Tesla Inc.’s (NASDAQ: TSLA) Model 3 production numbers as part of an ongoing criminal probe into whether the Company misled investors.On Wednesday, Tesla reported record quarterly profit as increased output of its Model 3s..

Caterpillar Tumbles on Disappointing 2018 Guidance

Caterpillar Tumbles on Disappointing 2018 Guidance

Caterpillar Inc. (NYSE: CAT) shares tumbled nearly 7% on Tuesday after the industrial company provides 2018 earnings guidance that fell short of analysts’ estimate.Caterpillar said sales and revenue rose 18% to USD 13.5 Billion in the thi..

iRobot Reported Q3 2018 Financial Results

iRobot Reported Q3 2018 Financial Results

iRobot Corp. (NASDAQ: IRBT) announced its financial results for the third quarter ended September 29, 2018.  Third quarter revenue was $264.5 million compared to $205.4 million a year ago.  Operating income in the third quarter was $37.3 m..

Blackstone Third-Quarter Profits Top Estimates

Blackstone Third-Quarter Profits Top Estimates

Blackstone Group LP (NYSE: BX), the world’s largest manager of alternative assets, reported Thursday an increase in third-quarter profit that exceeded analyst expectations as continuing market strength boosted the value of its investments.Net ..