Goldman Sachs cut its rating on TrueCar, Inc. (NASDAQ:TRUE) to “neutral” from “buy” and removed the online car pricing service from its “Americas Buy List” on Friday. The analyst company lowered its price target on TrueCar stock to $8 from $17. Goldman Sachs also lowered its 2015 EARNINGS PER SHARE […]

Skyworks Solutions Inc. (NASDAQ:SWKS) swings sharply after it recently stated third fiscal quarter results for the period ending July 3, 2015. Income for the third fiscal quarter was $810.0 million, up 38 percent year-over-year and exceeding the Firm’s guidance of $800 million. “As the world becomes more interconnected, we are […]

Hewlett-Packard Company (NYSE:HPQ) reported that Judge Charles Breyer, Senior District Judge of the United States District Court for the Northern District of California, has approved the final settlement of the U.S. HP Autonomy shareholder derivative litigation. The lawsuit is related to HP’s troubled $11.1 billion takeover of British software company […]

Telecoms giant, AT&T, Inc. (NYSE:T) declared it has completed its acquisition of pay TV provider DIRECTV. Under the deal, DIRECTV shareholders received 1.892 shares of AT&T common stock, in addition to $28.50 in cash, per share of DIRECTV. AT&T now is the largest pay TV provider in the U.S. and […]

Comcast Corporation (NASDAQ:CMCSA), declared that its second-quarter earnings in line with analysts’ estimates, helped by box-office hits like “Jurassic World.” Profit not including some items was 84 cents a share, Philadelphia-based Comcast stated in a statement. That matched the average of predictions compiled by Bloomberg. Incomerose 11 percent to $18.7 […]

E-commerce firm, Amazon.com Inc. (NASDAQ:AMZN) stated an 19.9 percent rise in quarterly revenue, helped by higher sales in North America, its biggest market, and continued growth in its Amazon Web Services unit. The firmstated a profit of $92 million, or 19 cents per share, for the Q2 ended June 30, […]