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AT&T to Sell 30% of DirecTV to TPG Capital

AT&T to Sell 30% of DirecTV to TPG Capital

AT&T Inc. (NYSE: T) and TPG Capital have reported the signing of a definitive agreement where AT&T will sell a minority stake of its satellite TV unit DirecTV to TPG Capital in a deal that values that business at USD 16.25 Billion.  Dir..

AIH: New growth is on the way after the outbreak of COVID-19

AIH: New growth is on the way after the outbreak of COVID-19

On June 26, Aesthetic Medical International Holdings Group (ticker: AIH), a leading provider of aesthetic medical services in China, released its unaudited financial results for FY2020 Q1. Total revenue went down 49.7% year-on-year to RMB91.0 millio..

Tesla Rises After Surprises With First Quarter Profit

Tesla Rises After Surprises With First Quarter Profit

Tesla, Inc. (NASDAQ: TSLA) stock jumped more than 6 percent Thursday, after the electric car manufacturer reported financial for the first quarter 2020. According to the report, Q1 2020 was the first time in Tesla’s history it has achieved a p..

Microsoft Reports Third Quarter Earnings

Microsoft Reports Third Quarter Earnings

Microsoft Corp. (NASDAQ: MSFT) announced financial results for the third quarter.  Revenue amounted to USD 35 Billion, a 15% increase compared to the same period last year.  Operating income was USD 13 Billion, a 25% increase compared..

Starbucks Reports Earnings Amidst COVID-19 Pandemic

Starbucks Reports Earnings Amidst COVID-19 Pandemic

Starbucks Corporation (NASDAQ: SBUX) reported financial results for its 13-week fiscal second quarter ended March 29, 2020. The retailer of specialty coffee worldwide reported global comparable store sales declined 10%, driven by a 13% decrease in c..

Alphabet (Google) Shares Up After Strong Earnings

Alphabet (Google) Shares Up After Strong Earnings

Alphabet Inc. (NASDAQ: GOOGL) announced financial results Tuesday after market closed, for the quarter ended March 31, 2020. Shares of the company spiked more than 9 percent on revenue increase, despite a significant slowdown in ad sales. Revenue af..

Abbott Receives Health Canada Authorization to Use FreeStyle® Libre System During Pandemic

Abbott Receives Health Canada Authorization to Use FreeStyle® Libre System During Pandemic

Abbott Laboratories (NYSE: ABT) announced Monday that Health Canada authorized use of FreeStyle Libre system, a sensor-based glucose monitoring technology, in hospital setting during the COVID-19 pandemic. Monitoring devices are useful in that ..