Earnings
Wal-Mart shares surge to all-time high after earnings crush expectations
Wal-Mart shares surged to an all-time high, jumping more than 8 percent Thursday after the world's largest retailer showed it can…
Facebook’s advertising revenue soars above $10bn, boosting profit
Facebook's quarterly profit jumped as the tech giant revealed larger than expected advertising growth amid controversy over Russia-linked content that…
Samsung makes record profit of $109m a day as chip demand soars
Electronics giant makes $10bn profit in just three months on the back of strong sales and relaunch of Galaxy smartphones…
Alibaba-backed Best Inc cuts expected price range for U.S. IPO
Alibaba Group-backed Chinese logistics firm Best Inc on Tuesday slashed the expected price range of its U.S. initial public offering,…
Citigroup sees q3 trading revenue declining 15% due to subdued volatility
Citigroup Inc.’s trading revenue is on pace to drop 15 percent in the third quarter from a year earlier as…
Lenovo posts surprise loss as PC sales crater, costs climb
Lenovo Group Ltd. posted a surprise quarterly loss after losing its grip on the global personal computer market, while its…
