font size Walmart has gained market share in the grocery segment in the past year. Scott Olson/Getty Images Walmart Exceeding earnings expectations and raising fiscal year guidance. The stock rose slightly in pre-market trading. Wal-Mart Inc. (Stock ticker: WMT) reported adjusted earnings of $1.84 per share on revenue of $161.6 billion, an increase of 5.7%….
font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they may have to continue raising…
font size JD.com reported strong results for the second quarter, but the overall picture is weighing on investors. Kevin Fryer/Getty Images JD.com It smashed earnings expectations, but the e-commerce giant’s stock was falling on Wednesday, in a reflection of gloom in Chinese markets amid fears of a slowdown in the world’s second-largest economy. JD.com (Stock…
font size Patrick Gelsinger, CEO of Intel, has made contract chip manufacturing an essential part of his strategy. Ting Xin/Bloomberg Intel has dropped its planned $5.4 billion acquisition of Israel Semiconductor tower . It’s a setback for Intel’s plans to expand its chipmaking business. Intel (ticker: INTC) said on Wednesday that the deal, originally agreed…
font size Warren Buffett, CEO of Berkshire Hathaway, loves the homebuilding industry. Drew Angerer/Getty Images Berkshire Hathaway He took new positions in the field of housing construction, in particular the leader in this field Dr. Horton And while reducing its share general motors and eliminate sticking Makison And according to 13-F regulatory filing was issued…
Consolidation may be coming to the US steel industry. Ina Fassbender/AFP via Getty Images font size Investors should prepare for volatile trading in steel stocks to start a new week. Steel company built by Andrew Carnegie JPMorgan You may not be independent for much longer. Sunday, United States Steel (Stock ticker: X), the steelmaker founded…
