Microsoft Corp. (NASDAQ: MSFT) is known throughout the world as one of the original tech giants. Founded by Bill Gates and Paul Allen in 1975, Microsoft has grown into one of the world’s largest companies, with a market capitalization of more than $732.15 billion as of April 26, 2018. What started as a venture to develop … Read more
Southwest Airlines Co. (LUV) has become a staple of travel for consumers within the United States. While many other airlines boast more accommodating features and more lavish upgrades, Southwest Airlines has stuck to a business model of shorter, cheaper flights that cater to consumers looking for quick and painless flight plans. While Southwest Airlines has … Read more
Xcel Energy Inc. (XEL – Free Report) recorded first-quarter 2018 operating earnings of 57 cents per share, beating the Zacks Consensus Estimate of 51 cents by 11.8%. Also, the bottom line was 21.3% lower than the year-ago quarter. The year-over-year increase in earnings was due to improvement in electric and natural gas margins, thanks to … Read more
Integra LifeSciences Holdings Corporation (IART – Free Report) reported adjusted earnings per share (EPS) of 58 cents in the first quarter of 2018, up 48.7% from the year-ago figure. Adjusted EPS surpassed the Zacks Consensus Estimate by 18.4%. Revenue Discussion Total revenues in the reported quarter increased 38.1% year over year to $357.1 million, which surpassed … Read more
Helmerich & Payne Inc. (HP – Free Report) recently reported second-quarter fiscal 2018 adjusted operating loss of 5 cents per share, in line with the Zacks Consensus Estimate. However, the bottom line compared favorably with the year-ago adjusted loss of 47 cents. The outperformance was primarily driven by higher drilling activity at its biggest segment — U.S. … Read more
EQT Corporation (EQT – Free Report) reported first-quarter 2018 adjusted earnings of $1.01 per share, which lagged the Zacks Consensus Estimate of $1.05 and improved from the prior-year quarter’s level of 44 cents. The downside was caused by increased operating expenses and lower realized prices. Total operating revenues jumped 60.3% year over year to $1,433.6 … Read more
Amazon.com Inc. (NASDAQ: AMZN) is one of the biggest retail and technology companies in the country with a market capitalization that exceeds $667 billion. Last year, the company also announced plans for a second headquarters in the United States, which it said will create 50,000 jobs and billions of dollars in construction investments in the new location. … Read more
Print Friendly U.S. stocks are rising Thursday as Facebook leads a big rally for technology companies. The social media platform jumped after its recent data privacy scandal didn’t appear to affect business in the first quarter. Other big technology companies also moved higher, as did retailers. Chipotle Mexican Grill, Ford and Visa also rose after … Read more
What is ‘Basic Balance’ Basic balance is an economic measure for the balance of payments that combines the current account and capital account balances. The current account shows the net amount of a country’s income if it is in surplus, or spending if it is in deficit. The capital account records the net change in ownership of foreign assets. The basic … Read more
Praxair Inc. (PX – Free Report) kept its earnings streak alive in the first quarter of 2018, pulling off a positive earnings surprise of 5.8%. This industrial gas producer and supplier’s adjusted earnings in the quarter were $1.65 per share, surpassing the Zacks Consensus Estimate of $1.56. Also, the bottom-line result surpassed the year-ago tally … Read more