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Apple supplier Foxconn posts 14.5 percent drop in first-quarter profit

May 14, 2018 admin 0

Taiwan’s Foxconn, the world’s largest contract electronics maker and supplier to Apple, posted a 14.5 percent fall in first-quarter net profit on Monday, lagging estimates despite a strong quarter for the U.S. iPhone maker. Net […]

Earnings

ArcelorMittal gives bullish outlook after earnings beat

May 12, 2018 admin 0

The world’s largest steelmaker ArcelorMittal said the outlook for 2018 had improved after a sharp pick-up in steel prices and increased iron ore shipments helped it deliver higher-than-expected first-quarter earnings on Friday. The group did […]

Earnings

Chipmaker Nvidia sees fewer crypto miners, more gamers in future

May 12, 2018 admin 0

Chief Financial Officer Colette Kress said that the company expects cryptocurrency-related revenue to fall 65 percent to about $100 million in the next quarter. Retail prices for Nvidia’s gaming chips surged earlier this year as […]

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  • Columbia Sportswear and Hanesbrands are under the radar retail stocks to buy
  • Here are the winners and losers from the first quarter of 2019
  • 5 places to retire where you can feel rich, yet live on a budget
  • Fed’s Quarles says rate hikes could be ahead ‘at some point’
  • Farm Belt faces an expensive cleanup after already-costly record flooding
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