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Video Streaming App YY Reports Huge Growth
Tuesday, November 12, 2019 - 10:45pm | 276Read More...China-based video streaming platform YY Inc (NASDAQ: YY) announced its third-quarter earnings after the markets closed on Tuesday. What Happened The social media company said it made $979.3 million in net revenues in the quarter that ended on Sept. 30. This is a 67.8% increase on a year-on-year...
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Canadian National Sees 17 Percent Adjusted Earnings Growth
Tuesday, April 30, 2019 - 12:45pm | 787Read More...Canadian National Railway Company (NYSE: CNI) reported adjusted earnings per share (EPS) of C$1.17 (a Canadian dollar is currently valued at $0.74) per share for the first quarter 2019, 17 percent better than the same period a year ago. This result excludes $0.09 per share in increased...
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Verizon's First Quarter 2019 Earning Surpass Expectations Due To Strong Wireless Growth
Tuesday, April 23, 2019 - 9:06am | 477Read More...Verizon Communications Inc. (NYSE: VZ) reported first quarter earnings per share (EPS) of $1.22 compared with $1.11 in the first quarter of 2018, and an adjusted EPS of $1.20 compared to $1.17 last year, defying analyst expectations. In the earnings report released April 23, the...
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Union Pacific's First Quarter Profit Climbs Nearly 8 Percent
Thursday, April 18, 2019 - 11:04am | 562Read More...Union Pacific's (NYSE: UNP) first quarter net profit rose nearly 8 percent despite lower revenue. First quarter 2019 net income increased 7.7 percent to $1.4 billion, or $1.93 per diluted share, compared with $1.3 billion, or $1.68 per diluted share in the first quarter of 2018. Meanwhile,...
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Truckload Carriers' First Quarter Results Don't Appear To Be In Jeopardy After The J.B. Hunt Report
Wednesday, April 17, 2019 - 10:16am | 907Read More...J.B. Hunt's (NASDAQ: JBHT) earnings report has some questioning if the truckload (TL) carriers are likely to miss earnings now and how will the stocks perform moving forward. FreightWaves believes that the concern may be a little overdone, as explained in a transportation earnings preview....
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Kansas City Southern's First-Quarter Net Profit Jumps 16 Percent
Wednesday, April 17, 2019 - 10:08am | 547Read More...Kansas City Southern (NYSE: KSU) said its first quarter 2019 net profits rose nearly 16 percent amid its ongoing transition to precision scheduled railroading (PSR). Adjusted net income for the first quarter of 2019 totaled $154.9 million, or $1.54 per share, compared with $133.8 million, or $1....
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Marten Transport Reports Best-Ever Net Increase Of More Than 30 Percent In First Quarter Of 2019
Wednesday, April 17, 2019 - 9:45am | 494Read More...Marten Transport, Ltd. (NASDAQ: MRTN) posted its best-ever first-quarter operating revenue, operating income and net income in the company's 74-year history in the first quarter of 2019, the company said in its April 16 earnings release. The Mondovi, Wisconsin-based truckload carrier...
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Hot, Fresh Earnings On The Menu As Netflix, Morgan Stanley Results In Focus
Wednesday, April 17, 2019 - 8:56am | 2307Read More...Wall Street took on a slightly green tint early Wednesday as investors sorted through another bag of hot, fresh earnings. Morgan Stanley’s (NYSE: MS) latest quarter got an early thumbs up from investors, but Netflix.com, Inc. (NASDAQ: NFLX) appeared to get a thumbs down. Morgan Stanley...
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Earnings Parade Rolls Along As Citigroup, Goldman Sachs Report And SPX Now Tops 2900
Monday, April 15, 2019 - 9:02am | 2357Read More...Everybody loves a good comeback story, as golf fans might tell you following Tiger Woods’ unexpected victory at the Masters over the weekend. The markets have also staged quite a comeback since the end of 2018, and there was more evidence of that Friday when the S&P 500 Index (SPX) closed...
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JPMorgan Chase, Wells Fargo Kick Off Earnings Season With Strong Q1 Results
Friday, April 12, 2019 - 8:56am | 2224Read More...Earnings season started with a bang early Friday as two major U.S. banks shared Q1 results and the market reacted positively. Big beats from JPMorgan Chase & Co (NYSE: JPM) and Wells Fargo & Co (NYSE: WFC) really help set a positive tone for earnings overall. JPMorgan Chase earned...
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With More Big Bank Reports Ahead, New Life Seen In Housing, IPO Areas
Friday, April 12, 2019 - 8:45am | 1389Read More...Until recently, two of the banking sector’s major revenue rainmakers—mortgages and initial public offerings (IPOs)—were suffering a drought. A slumping housing market that coincided with last fall’s higher mortgage rates had some analysts worried about big banks’ Q1....
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Market Digests Trade, Brexit News Ahead Of Bank Earnings Reports
Thursday, April 11, 2019 - 8:58am | 1620Read More...As investors appear to be awaiting the ramp-up of earnings season with bank quarterly reports tomorrow, they have some incremental geopolitical news to digest. Trade negotiations between the United States and China continue. U.S. Treasury Secretary Steven Mnuchin told CNBC that the U.S. and China...
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Info Tech Reporting Season Ahead: High Hopes Despite Signs Of Negative Q1 Earnings
Tuesday, April 9, 2019 - 9:41am | 1547Read More...The way Info Tech stocks outperformed the market over the last three months, investors might be expecting the sector’s Q1 earnings growth to be sky high. That won’t necessarily be the case, however, if analysts have things pegged right. Info Tech firms, on average, could see a slight-to...
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Jobs Growth Bounces Back In March After A Rough February, Easing Economic Concerns
Friday, April 5, 2019 - 8:46am | 1537Read More...That sound you’re hearing might be a sigh of relief from investors reacting to this morning’s monthly payrolls report. After a weak showing in February that raised fears of an economic slowdown, job creation bounced back in a big way with 196,000 jobs added by the U.S. economy in March...
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Starting Gun: Earnings Season To Start With Banks Amid Rate Worries
Tuesday, April 2, 2019 - 11:17am | 1761Read More...With Financial sector earnings season looming, a shot got fired across the bow last week when Tim Sloan, CEO of Wells Fargo & Co (NYSE: WFC) announced his retirement. This unexpected move created some drama in a sector where it’s mainly been an interest rate game for the last year....
