Mining giant, BHP Billiton Limited (NYSE:BHP) declared that it predicts to recognize an impairment charge of around US$2B post-tax or regarding US$2.8B pre-tax against the carrying worth of its Onshore US assets as an outstanding item in the 2015 financial year results. The company noted that the gas focused Hawkville […]

Macy’s, Inc. (NYSE:M) swings after it activist investor Starboard Value purchased a stake, declaring the department-store chain’s stock would be worth $125 if it better capitalized on its real estate. Macy’s could separate its properties from operations, unlocking value for investors, Starboard Chief Executive Officer Jeff Smith said on Wednesday […]

HCA Holdings, Inc. (NYSE:HCA) declared on Wednesday that its preliminary results for the second quarter, with both earnings and revenues to surges and trump Wall Street anticipates. HCA expects earnings to be about $1.18 per share, an increase from $1.07 per reported last year. The company expects second-quarter results to […]

Bank of America Corporation (NYSE:BAC) reported that its Q2 net income applicable to common shareholders of $4.99B or $0.45 per share, as compared to $2.04 billion or $0.19 per share in the comparable quarter last year. In the premarket trade, the shares are trading up 2.75 percent. On average, 29 […]

Micron Technology, Inc. (NASDAQ:MU) might be a cheap date these days, other than even the troubled memory-chip maker can afford to have standards. The Republican Senator John McCain raised concerns regarding the possible national security implications of a proposed bid by a China’s Tsinghua Unigroup Ltd’s to acquire U.S. chip […]

Netflix, Inc. (NASDAQ:NFLX) released that its Q2 net earnings of $26.3M or $0.06 a share as compared with $71M or $0.16 a share previous year. The revenues for the quarter were $1.64B as compared by means of $1.34B in the previous year. Analysts polled by Thomson Reuters anticipated earnings of […]