Micron Technology, Inc. (NASDAQ:MU) dropped around 2% in previous trading session as it dismissed informal $23 billion suggestion, according to sources. Micron presumed US regulators would block accord – sources (Adds comment on Micron, industry context). China’s Tsinghua Hostings is still discussing a potential accord to buy U.S. chipmaker Micron […]

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, […]

Caterpillar Inc. (NYSE:CAT) stated it’s getting on top of the problem. Inventories held by Caterpillar and its accorders will fall in the second half by a similar amount to the last six months of 2014, when they dropped by about $2.1 billion, Vice President of Financial Services Michael Dewalt stated […]

Xerox Corporation (NYSE:XRX) stated second-quarter net income from continuing operations to firmof $107 million or $0.09 per share, compared to $255 million or $0.21 per share, a year ago. Adjusted earnings per share was $0.22, for the quarter. On average, ten analysts polled by Thomson Reuters predictable the firmto report […]

American Express Company (NYSE:AXP) stated second-quarter earnings fell 3.7% as the firmstated it is seeing lower spending growth on Costco Wholesale Corp. co-branded cards in the U.S. ahead of the end next year of its exclusive relationship with the warehouse club. AmEx stated its international operations were also hit by […]