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Tag Archives: earnings

GM earnings Q2 2019 beats expectations

General Motors shares rose 3% Thursday after second-quarter earnings topped analyst estimates as sales of more profitable pickup trucks and crossovers, offset weaker sales in China. Here's what GM reports against average analysts' estimates compiled by Refinitiv: Adjusted EPS: $ 1.64 vs. $ 1.44, estimated Revenues: $ 36.1 billion. $ 35.98 billion, estimated "Our full-year outlook is based on our …

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AMD Quarterly Earnings Report Q2 FY 2019

AMD Quarterly Report Q2 FY 2019 AMD announced its second-quarter earnings for the 2019 fiscal year and generated $ 1.53 billion in revenue for the quarter. This is a decrease of 13% compared to the same quarter last year. The gross margin improved from 37% in the previous year to 41%. Operating income was $ 59 million, compared to $ …

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The AMD share slips off the earnings as the revenue forecast is in sight

Advanced Micro Devices Inc. shares declined in the extended session on Tuesday after the chipmaker reported earnings that met expectations due to tariff restrictions, but unveiled a revenue outlook that was below Wall's consensus on weaker-than-expected console sales Street lay. AMD AMD, + 1.16% Stocks that dropped more than 5% in hours recently dropped 3%, down 1.2% to 33 in …

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Nasdaq, S & P 500 set records in earnings and GDP

The Nasdaq Composite and the S & P 500 posted record highs as strong gains and healthy growth in gross domestic product broadly boosted equities. Google's parent, alphabet Inc., Boosted the rise in benchmark stocks with a banner day after a leap in sales and a buyback in the last quarter. Market value rose by a sizeable $ 79 billion, …

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Wall Street dips at open as coporate earnings point to slowing growth By Reuters

© Reuters. Traders work on the floor at NYSE in New York By Amy Caren Daniel (Reuters) – U.S. European Central Bank President Mario Draghi said the bank's all-important inflation. European Central Bank's President Mario Draghi said the bank's all-important inflation Thursday, June 20, 2011 (Clearwisdom.net) on Thursday, October 30th, 2011 | "The market was really looking for a dovish …

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Snap maintains its upswing in the latest earnings report

Photo: Richard Drew (AP) Snap Inc. has been slowly reviving its ship lately, slowing its users' share prices and exodus. The Snapchat developer's earnings for the second quarter of 2019 suggest things are improving. Since the company's IPO in March 2017, Snap has had a hard time pinpointing it. As of April this year, more people used the Instagram feature …

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Coca-Cola raises revenue forecast after earnings beat, sending shares higher

Ramin Talaie | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that beat analysts' expectations, driven by sales of its namesake soda brand. Shares of the company jumped 1.5% in premarket trading. James Quincey said in a statement. Here's what the company said with regard to what Wall Street was expecting, based on a survey of analysts by …

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UBS earnings Q2 2019

UBS announced net income of $ 1.4 billion for the second quarter of 2019, compared to net income of $ 1.28 billion ($ 1.29 billion) in the second quarter of 2018. The Swiss lender announced this. This is the highest net profit in the second quarter since 2010. The increase in profits has been recorded, although there was a decline …

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