4 August, 2017 by The TZ Newswire Staff Comments Off on Universal Display Easily Beats Expectations, Raises Guidance (Again)
Universal Display Easily Beats Expectations, Raises Guidance (Again)
Universal Display Corporation (NASDAQ: OLED) announced strong second-quarter 2017 results on Thursday after the market closed, highlighting the company’s best-ever quarter in terms of revenue and earnings thanks to the continued proliferation of its flagship technology.
Let’s take a closer look at how the organic light-emitting diode (OLED) specialist capped the first half, as well as what investors can expect going forward.
IMAGE SOURCE: UNIVERSAL DISPLAY.
4 August, 2017 by The TZ Newswire Staff Comments Off on Federal Court Tosses Murder Conviction Of Ex-Blackwater Guard In 2007 Iraq Massacre
Federal Court Tosses Murder Conviction Of Ex-Blackwater Guard In 2007 Iraq Massacre
In a highly unusual decision sure to open old wounds among Iraqis and further prolong an already protracted legal saga, a US appeals court has thrown out the murder conviction of an ex-Blackwater security guard and ordered three co-defendants to be resentenced for their roles in the deadliest incident involving the controversial private security firm to date.
4 August, 2017 by The TZ Newswire Staff Comments Off on Better Buy: Twitter, Inc. vs. Netflix, Inc.
Better Buy: Twitter, Inc. vs. Netflix, Inc.
Netflix (NASDAQ: NFLX) built a DVD-mailing empire, then abandoned it to fulfill a much grander digital-video-streaming vision. Twitter (NYSE: TWTR) turned SMS-powered microblogging into a social networking phenomenon. Both companies boast millions of users around the world, and both are popular investments.
But which one is a better fit for your portfolio? Let’s find out.
Image source: Isabella Bylund.
4 August, 2017 by The TZ Newswire Staff Comments Off on Berkshire Hathaway: Insurance Losses Drag Down Second-Quarter Operating Earnings
Berkshire Hathaway: Insurance Losses Drag Down Second-Quarter Operating Earnings
Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) reported that operating earnings, a figure which excludes volatile investment gains and derivative fluctuations, declined 11% to $4.1 billion in the second quarter compared to the year-ago period. Net income, which includes investment gains, fell 15% to $4.3 billion. A drop in insurance underwriting profit led the decline in operating earnings and net income.
4 August, 2017 by The TZ Newswire Staff Comments Off on Activision Blizzard Inc. Earnings Point to More Record Growth Ahead
Activision Blizzard Inc. Earnings Point to More Record Growth Ahead
Activision Blizzard (NASDAQ: ATVI) has a habit of under promising and over delivering. The video game developer this week announced second-quarter results, and — for the sixth consecutive time — the headline numbers came in ahead of management’s guidance.
The owner of hit franchises like Call of Duty and World of Warcraft set new second-quarter records on the top and bottom lines while raising its outlook for the full year.
More on that brightening outlook in a moment. First, let’s look at the latest operating trends.
4 August, 2017 by The TZ Newswire Staff Comments Off on Unfavorable Weather Dents Cedar Fair’s Second-Quarter Results
Unfavorable Weather Dents Cedar Fair’s Second-Quarter Results
Cedar Fair (NYSE: FUN) reported second-quarter results on Aug. 2.
The amusement park master limited partnership saw it’s early season attendance figures hampered by poor weather, but management remains hopeful that a strong second-half performance will put Cedar Fair back on track.
Bad weather poured on Cedar Fair’s Q2 results. Image Source: Getty Images.
4 August, 2017 by The TZ Newswire Staff Comments Off on Why Hertz Global Holdings, Inc. Stock Jumped on Friday
Why Hertz Global Holdings, Inc. Stock Jumped on Friday
Shares of rental-car company Hertz Global (NYSE: HTZ) jumped on Friday. The stock gained as much as 11.2%, but closed the trading day up 10.3%. The stock’s rise followed an optimistic report on the rental vehicle market from J.P. Morgan analyst Samik Chatterjee.