21 July, 2015 by The TZ Newswire Staff Comments Off on Verizon profit beats estimates as more subscribers sign up
Verizon profit beats estimates as more subscribers sign up
Customer defections, also known as churn in the telecommunications industry, for Verizon’s wireless postpaid business dipped to 0.90 percent versus the 0.99 percent estimated by FactSet. Revenue from Verizon’s FiOS high-speed Internet, TV and phone service rose 10 percent to $3.4 billion, while tablet sign-ups totaled 852,000 in the quarter. Verizon is gearing up to launch its online video service to unlock new revenue streams as competition in the wireless industry from smaller players such as T-Mobile US Inc and Sprint Corp heats up.
21 July, 2015 by The TZ Newswire Staff Comments Off on Novavax rises on promising Ebola vaccine trial
Novavax rises on promising Ebola vaccine trial
Novavax shares rose at Tuesday’s market open after the firm said its Ebola vaccine showed promising early results.
21 July, 2015 by The TZ Newswire Staff Comments Off on Watsco Earnings Stay Hot, but Some Fear Cooler Times Ahead
Watsco Earnings Stay Hot, but Some Fear Cooler Times Ahead
The HVAC specialist set new records but left some questions about its growth rate.
21 July, 2015 by The TZ Newswire Staff Comments Off on Warren Buffett just lost $700M on this
Warren Buffett just lost $700M on this
Warren Buffett doesn’t have many bad days, but he really ought to consider going on vacation whenever IBM reports earnings.
21 July, 2015 by The TZ Newswire Staff Comments Off on Could Las Vegas Sands Earnings Be Even Worse Than Investors Fear?
Could Las Vegas Sands Earnings Be Even Worse Than Investors Fear?
Despite their expectations for sizable declines in sales and earnings, Las Vegas Sands investors could still be too optimistic.
21 July, 2015 by The TZ Newswire Staff Comments Off on 3 key things to watch from Apple earnings: Munster
3 key things to watch from Apple earnings: Munster
Apple reports quarterly results after the bell. Here’s what Piper Jaffray’s Gene Munster says you should look for.
21 July, 2015 by The TZ Newswire Staff Comments Off on Why Freeport-McMoRan Earnings Could Take a Double Hit
Why Freeport-McMoRan Earnings Could Take a Double Hit
The mining and energy company has seen poor conditions in both of its key markets.