Text size Brendan Smialowski / AFP via Getty Images Honeywell’s earnings, reported Friday morning, beat Wall Street estimates for the pandemic-hit second quarter. That’s good news for Honeywell, but the company is a huge and distant industrial conglomerate. Your earnings are a useful read for many companies in many industries. …
Read More »Verizon posts second-quarter earnings outpaced by stable user growth
Verizon (VZ) – Get report It posted better-than-expected Q2 earnings and sales on Friday as stability in its subscriber base linked to people’s need to stay connected through the pandemic helped offset a drop in demand for new hardware. . The New York-based company said it earned $ 1.18 per …
Read More »Intel Stock falls as production woes overshadow earnings
Text size Alexander Koerner / Getty Images Intel shares fell sharply on Thursday after the company said it is experiencing substantial delays in its development of cutting-edge 7-nanometer production technology. That news outshone financial results better than expected. The delays raise troubling new questions about the company’s ongoing problems in …
Read More »Intel shares fall as next generation of chips lags, raising AMD shares
Intel Corp. shares the shares of Paloma and rival of Advanced Micro Devices Inc. gained in after-hours operations on Thursday, when Intel reported that its next generation of semiconductor technology will be delayed. Intel INTC, -1.06% Along with second-quarter earnings, he reported that the introduction of his 7-nanometer chips would …
Read More »Intel (INTC) earnings Q2 2020
Intel shares fell as much as 9% on Thursday after the company reported better-than-expected second-quarter earnings and said next-generation chips would come out later than expected. This is how the company did it: Profits: Adjusted $ 1.23 per share, versus $ 1.11 per share as expected by analysts, according to …
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