Verizon Q3 Profit Tops Estimates, Operating Revenue Down 4.1%; Raises Guidance

Verizon Communications Inc. (VZ) said the company delivered strong third quarter results with an increased cash flow, wireless service revenue growth, and the most Fios Internet net adds since fourth 2014. The company said its performance was highlighted by increases … Read more…

General Mills Q1 Profit Tops Estimates, Organic Net Sales Up 10%; Raises Dividend

General Mills (GIS) reported first quarter adjusted earnings per share of $ 1.00, up 27 percent in constant currency, primarily driven by higher adjusted operating profit and higher after-tax earnings from joint ventures, partially offset by a higher adjusted effective … Read more…

Target Shares Surge On Record Q2 Results; Lowe’s Q2 Profit Beats View

Minneapolis-based Target Corp. (TGT), on Wednesday, reported second-quarter results that surpassed analysts’ projections. The company’s comparable sales growth was the strongest it has ever reported. Consequently, shares of Target were up 8% in pre-market trade. RTT – Earnings BEST DEAL … Read more…

Spirax-Sarco H1 Pre-tax Profit Down 2%, Affirms FY Adj. Operating Profit Outlook

Industrial engineering group, Spirax-Sarco Engineering plc (SPX.L) reported Wednesday that its first-half profit before taxation declined 2 percent to 106.3 million pounds from last year’s 108.1 million pounds. However, basic earnings per share rose 2 percent to 104.2 pence from … Read more…