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Verizon: Profit Misses, Vows No Mass Discounts

Verizon Communications Inc announced it would try to avoid what its rivals have done of winning new customers through offering discounts, as the business’s profit for the quarter missed expectations on Wall Street. While competitors of Verizon have offered huge and aggressive discounts, the wireless carrier has remained more conservative with its cuts in prices […]

Qualcomm: Quarterly Revenue Growth Drops

Qualcomm posted its quarterly earnings this week. The earnings included its smallest revenue increase for a quarter since 2010. This comes while the company wrestles with the smartphone market that is beginning to lose steam and shifting towards China. With the smartphone industry expansion moving out of wealthy markets like the United States and into […]

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Apple Share Split Could Mean Joining Dow

The maker of the iPhone has risen above a majority of other corporations for a number of years, yet they still are not considered a blue-chip stock. This is because the Dow looks at its 30 components by price. Apple’s $500 stock very well could overwhelm the market. But a seven for one stock split […]

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Ronald McDonald Gets a New Look

Almost everyone immediately recognizes the red haired McDonald’s clown that the restaurant hosts as their ambassador. Starting on Wednesday, he has a new look. The fast food restaurant unveiled the brand new look for the iconic Ronald McDonald. The yellow jumpsuit has been replaced with yellow cargo pants and a rugby shirt that features red […]

Boeing: Adjusted-Profit Higher, Lifts Forecast for Rest of Year

Boeing Co was helped by an increase in jet production during the first quarter. The aircraft maker posted a 14% rise in its adjusted net profit for the first quarter, which beat estimates. At the same time, the company upped its forecast for the full year. On a basis that is non-adjusted, however profit at […]

AT&T and Chernin Looking into Streaming Video

On Tuesday, AT&T said it entered into a venture with Peter Chernin the former president of News Corporation for video services described as over the top. No specifics were released as of yet, but the two are interested in streaming video with an investment in the range of $500 million. That is the amount of […]

Harley-Davidson: Roars to Higher First Quarter Earnings

Shares of motorcycle maker Harley-Davidson jumped by nearly 7% in trading before the market opened on Tuesday after the company announced its earnings for the first quarter that were 18.7% higher than the same period one year ago. The company, based in Milwaukee, Wisconsin, said sales for motorcycles were up by 5.8% across the globe […]

Eli Lilly Acquiring Animal-Health Unit from Novartis

Eli Lilly, the drug maker, is betting on an increase globally in demand for animal vaccines and drugs. The U.S. based company has agreed to acquire the animal health unit of Novartis AG for an estimated $5.4 billion. Lilly announced the acquisition would make Elanco, its animal-health company, the second largest of its type in […]