• Smokeless Segment Drives Growth For Altria In The First Quarter

    5 monthes ago - By Forbes

    Altria posted its first quarter earnings on April 26, wherein a 2% growth in revenues and a 30% growth in earnings per share was reported. The company managed to beat consensus estimates on both metrics, but despite this, the stock was down in the aftermath. This was probably due to...
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  • Amazon shares hit record on blockbuster earnings report

    5 monthes ago - By Reuters

    Shares of Amazon soared to a lifetime high Friday after the online giant announced a rate hike for its Prime service and blew through all earnings expectations, with profits more than doubling compared to the same period last year.
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  • Details of Philadelphia's cash offer to Amazon in HQ2 pitch ordered to be shared

    5 monthes ago - By Philly

    This week's decision by the Open Records Office represents the latest challenge to efforts by local and state officials to keep their offers to the Seattle company under wraps to avoid tipping off other competitors for the campus in the United States and Canada.
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  • Moody's Earned $2.02 per Share

    5 monthes ago - By Crossing Wall Street

    Moody's Corporation today announced results for the first quarter of 2018, as well as provided its current outlook for full year 2018.
    “Moody's record first quarter revenue reflects a strong contribution from Bureau van Dijk and solid organic growth from Moody's Analytics, as well as strength in rated structured finance volumes in Moody's Investors Service,” said Raymond McDaniel, President and Chief Executive Officer of Moody's. “Our business remains well-positioned to benefit from continued global economic expansion in 2018, and as such we are affirming our full year 2018 guidance of...
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  • Amazon poses a 'significant risk' to one of Microsoft's most important businesses

    Amazon poses a 'significant risk' to one of Microsoft's most important businesses

    5 monthes ago - By Business Insider

    Microsoft beat earnings estimates Thursday, and the stock is gaining Friday.
    Microsoft Azure was its fastest growing business for the reporting period.
    Investors are overlooking one key risk to Azure, Jefferies analyst John DiFucci said.
    Watch Microsoft trade in real time here.
    Microsoft 's Azure wowed investors as the company's third-quarter earnings topped Wall Street estimates Thursday, but Jefferies analyst John DiFucci, who is one of Wall Street's biggest bears on the company, warns the business faces one potent threat: Amazon's AWS.
    Azure's revenue soared 93% year-over-year in the...
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  • Amazon shares hit record on blockbuster earnings report

    5 monthes ago - By Reuters

    Shares of Amazon soared to a lifetime high Friday as the online giant blew through all earnings expectations, with profits more doubling compared to the same period last year.
    Read more ...