Company Results

Morgan Stanley Reported Second Quarter Earnings that Beat Analysts’ Estimate

Morgan Stanley Reported Second Quarter Earnings that Beat Analysts’ Estimate

Owing to an increase in the brokerage and trading fee, Morgan Stanley in the Second Quarter reported profit surpassing the expectation of the analysts'. It was the largest increase in revenue when compared to the other five of the biggest U. S banks.

Google’s Q2 Sales and Profits Beat Analysts’ Estimates Stocks Reach New High as CFO Signals at Spending Caps

Google’s Q2 Sales and Profits Beat Analysts’ Estimates Stocks Reach New High as

On Thursday Google, the Internet search giant reported its sales and profits for the second quarter. The results surpassed the analysts' estimates aiding to lift the stocks of the company to an all time high.

Ruth Porat, the new CFO of Google who joined the company after being the Morgan Stanley from Morgan Stanley hinted at further cost cutting.

With Additional 3.3 Million Customers Netflix’s Second Quarter Performance Lift Shares

With Additional 3.3 Million Customers Netflix’s Second Quarter Performance Lift

With a continued subscriber growth, Netflix reported a strong performance in the second quarter.

Twitter Shares Jump due to False Report about a Takeover Deal

Twitter Shares Jump due to False Report about a Takeover Deal

A fake report which the world thought was from Bloomberg made the shares of Twitter jump by many folds on Tuesday. The news related to a likely takeover bid for Twitter at USD 31 billion. The shares of the social media network climbed five percent as the news appeared on the internet but soon dropped to where it had started from.

Second Quarter Profit of JPMorgan Beats Analysts Estimate Rises Four Percent

Second Quarter Profit of JPMorgan Beats Analysts Estimate Rises Four Percent

The biggest bank in the U.S by asset, JPMorgan Chase & Co, reported a second quarterly profit of 5.2 percent due to a drop in expenses.

On Tuesday, the bank's second-quarter earnings kicked off with a greater than expected increase in profit which was also lifted by a slide in the legal and restructuring expenses along with a lesser tax bill.

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