25 August, 2017 by The TZ Newswire Staff Comments Off on Broadcom Expects Content Gains Next Quarter
Broadcom Expects Content Gains Next Quarter
Semiconductor supplier Broadcom (NASDAQ: AVGO) reported its fiscal third-quarter results after the market closed on Aug. 24. All segments reported growth, with wireless communications and enterprise storage standing out. While the third-quarter results were solid, the company expects robust content gains in its wireless business to drive an even stronger fourth quarter. Here’s what investors need to know about Broadcom’s third quarter.
Metric
Q3 2017
25 August, 2017 by The TZ Newswire Staff Comments Off on Big Lots tops Street 2Q forecasts
Big Lots tops Street 2Q forecasts
The Columbus, Ohio-based company said it had net income of 67 cents per share. The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was …
25 August, 2017 by The TZ Newswire Staff Comments Off on VMware Boosts Its Guidance After a Strong Quarter
VMware Boosts Its Guidance After a Strong Quarter
Virtualization solutions provider VMware (NYSE: VMW) reported its second-quarter results after the market closed on Aug. 24. License and services growth drove the top and bottom lines higher, growth businesses like NSX and vSAN produced impressive bookings growth, and the company boosted its guidance for the full year. Here’s what investors need to know about VMware’s second-quarter results.
Metric
Q2 2018
25 August, 2017 by The TZ Newswire Staff Comments Off on The First Craft Brewer Just Got Bought Out. Can the Industry Still Survive?
The First Craft Brewer Just Got Bought Out. Can the Industry Still Survive?
Is nothing sacred? America’s “first and oldest” craft brewer is no more. Anchor Brewing, which was founded in San Francisco in 1896, agreed to be bought out earlier this month by Japan’s Sapporo for $85 million.
25 August, 2017 by The TZ Newswire Staff Comments Off on Trump Pardons Sheriff Joe Arpaio
Trump Pardons Sheriff Joe Arpaio
After weeks of speculation whether Trump would pardon sheriff Joe Arpaio – who on July 31 was found guilty of defying a court order barring officers from stopping Latino drivers on suspicion they were in US illegally, bringing his tenure as a crusader against illegal immigration to an end – as he hinted at the recent Phoenix rally, or if he would, as the NYT claimed, not interfere in the legal process, moments ago – in what is now a record-setting Friday night for the sheer barrage
25 August, 2017 by The TZ Newswire Staff Comments Off on Will Momo Stock Sink or Swim?
Will Momo Stock Sink or Swim?
Chinese social media company Momo (NASDAQ: MOMO) recently posted impressive second-quarter earnings that crushed analyst estimates on the top and bottom lines. Yet the stock, which has already more than doubled this year, fell 20% following the report — presumably on concerns about its rising expenses, slowing growth, and rich valuation.
25 August, 2017 by The TZ Newswire Staff Comments Off on Mugabe Says Zimbabwe "Will Not Prosecute Killers Of White Farmers"
Mugabe Says Zimbabwe "Will Not Prosecute Killers Of White Farmers"
93-year-old Zimbabwe President Robert Mugabe made it clear in an address this week that people who murdered white farmers during a government-sanctioned purge in the 2000s will never be prosecuted.
