BP turns bearish on high break even oil price
Despite reporting better than anticipated fiscal 2017 second-quarter earnings and revenue, the stock of BP Plc (NYSE: BP) has lost about 6% so far to trade at $34 levels. So far this year, the stock...
View ArticleToyota beats Q1 2018 estimates, raises FY18 view
Toyota Motor Corp Ltd (NYSE: TM), which remains the world’s largest automobile manufacturer since the Tohoku earthquake in 2011, delivered a stupendous performance in the first-quarter of fiscal 2018....
View ArticleGoPro turns bullish on upward revision of Q3 2017 view
On the basis of Q2 2017 GAAP and non-GAAP net loss that narrowed from last year, the forecast predicted by many was an appreciation in the stock of wearable action camera manufacturer GoPro Inc...
View ArticleBayer turns bearish on concerns over Monsnato acquisition
Chemical and pesticide company Bayer AG (XETRA: BAYN.DE; OTC: BAYRY, BAYZF) reported fiscal 2017 second-quarter net income of €1.224 billion, or €1.40 per share, on revenues of €12.193 billion ($13.4...
View ArticlePepsico beats Q3 2017 EPS view, raises FY17 EPS outlook
Food and beverage maker Pepsico, Inc. (NYSE: PEP) reported a lower than anticipated fiscal 2017 third-quarter revenue last week. However, the company’s earnings surpassed analysts’ estimates. Pepsico...
View ArticleAMEX beats Q3 2017 analysts’ estimates, raises FY17 EPS view
Last week, credit card company American Express Company (NYSE: AXP) reported a 8.6% y-o-y increase in revenue and 19.3% y-o-y jump in earnings in the third-quarter of fiscal 2017. Further, AMEX also...
View ArticleGoogle Q3 beats earnings view, paid clicks up 47% YoY
On October 26, Alphabet Inc. (NASDAQ: GOOG), the parent company of Google, reported its fiscal 2017 third-quarter results that crushed analysts estimate. Following the results, the stock hit a new all...
View ArticleStarbucks turns weak on missing Q4 comp-sales growth
Premium coffee restaurant chain Starbucks Corporation (NASDAQ: SBUX) reported a mixed fiscal 2017 fourth-quarter results. While the earnings met analysts’ estimates, the revenues did not. Starbucks...
View ArticleBlockstream Launches Liquid Network
Blockstream recently announced that is expanding into new territories with the launch of the Liquid Network. This is a bitcoin sidechain that is intended to add additional functionality and make it...
View ArticleUS Congress Told Bitcoin Is The ‘Mother Of All Scams’
Bitcoin has received its fair share of criticism from different experts and analysts over the last few years but that hasn’t dimmed its popularity. Bitcoin once again took a beating to its reputation...
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