As increased sales to defense, aerospace and industrial clients resulted in Xilinx, Inc (XLNX.O) shares to be lifted up 5 percent in extended trading, the company has reported better-t=han-expected quarterly revenue and earnings. The company stated that sales to defense, aerospace and industrial customers, these included companies and entities such as the U.S. Air Force, […]
After Third Quarter Profit Warning, Is Urban Outfitters Shares Falling?
Shares of Urban Outfitters Inc (URBN.O) have fallen down nearly 15 percent after the company stated that low sales will potentially hurt its third quarter earnings. Large shareholders such as Goldman Sachs, Morgan Stanley and Janney Capital Market lowered their ratings as well as their price targets on shares of the apparel company, thereafter 12 […]
How Did Netflix Stock Plunge Blindside Analysts?
With the video streaming company losing its value by a fifth on Thursday, analysts cut down their price targets apparently blindsided by an unexpected decrease in new subscribers to Netflix Inc (NFLX.O). At least 20 brokerages, BTIG Research is not being a least of them, which also notably two days prior Netflix posted the third […]
How Did KKR Beat Third-Quarter Earnings Expectation?
With its holdings growing to more than what many analysts foresaw, KKR & Co LP (KKR.N), a firm for equities that are private, posted a year to year decline percentage of 27, in profit for the third quarter, which was lower-than-expected on Thursday however it made more money by going out of its investments. The […]
Why Is Hyundai Motor Third Quarter Profit Falling?
As it took the brunt of the effects of declining growth of sales and a local currency growing in strength, a 29 percent decrease in its net profit for the third quarter was posted by Hyundai Motor, a South Korean automaker According to a poll by Reuters composed of 12 analysts, the world’s fifth largest […]
How Did Google Revenue Still Fall Short Despite Curbing Price Declines?
As growth in Internet advertising is grinding down in the most current quarter, Google Inc’s revenue did not live up to expectations of Wall street as its effects were to offset a slight improvement in the pricing of ads, pulling down by 3 percent its shares. The summed number of paid clicks or ads only […]
Is Air Travel Growth and Industry Backlogs Causing a Feeding Frenzy for Aviation Suppliers?
With the U.S. corporate results on Friday, it emphasizes that although the global economy is shaky, there is a massive demand from the aviation industry specifically the aviation suppliers. It is even more shown as a sudden demand for commercial jet manufacturers is driving a great increase in supplier’s profits. With investors worried about the […]
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