Edition:
United Kingdom

Shariq Khan

Neuberger urges Verint investors to back its board nominees

14 May 2019

Asset manager Neuberger Berman on Monday urged shareholders of Verint Systems to vote for its three director nominees and asked the data analytics company to detail its cloud strategy.

UPDATE 1-Neuberger urges Verint investors to back its board nominees

14 May 2019

May 13 Asset manager Neuberger Berman on Monday urged shareholders of Verint Systems to vote for its three director nominees and asked the data analytics company to detail its cloud strategy.

GoDaddy quarterly profit falls short of estimates as costs still weigh

02 May 2019

Web hosting company GoDaddy Inc reported first-quarter profit below Wall Street expectations on Thursday, weighed down by persistent rising costs and slower customer growth, sending its shares 6 percent lower in after-hours trading.

AMD results beat estimates on data center, server growth; shares climb

01 May 2019

U.S. chipmaker Advanced Micro Devices Inc beat Wall Street estimates for quarterly revenue and profit on Tuesday, selling more chips used in data centers and servers, and sending its shares up 6 percent in after-market trading.

Texas Instruments says slowdown in chip demand may continue; shares fall

23 Apr 2019

Chipmaker Texas Instruments said on Tuesday a slowdown in demand for microchips that started late last year may last a few more quarters.

Knowles hires JPMorgan for activist defense: source

04 Apr 2019

Audio components maker Knowles Corp has hired JPMorgan investment bankers to advise it on its defense against demands by shareholders Caligan Partners LP and Falcon Edge Capital LP to seek a review of its Precision Devices unit, according to a source familiar with discussions between the parties.

GrubHub results, forecast miss estimates, shares tank

07 Feb 2019

GrubHub Inc reported lower-than-expected quarterly results on Thursday and forecast adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for the full year below Wall Street estimates, sending its shares down 21 percent to a two-year low.

Qualcomm shares rise as outlook eases China fears

30 Jan 2019

Qualcomm Inc reported quarterly earnings that handily beat Wall Street views on Wednesday and said it had negotiated a new and slightly better interim patent contract with Huawei Technologies as it forecast current-quarter revenues in line with analyst estimates.

CORRECTED-UPDATE 2-Qualcomm earns beat views, sales outlook meets views; shares rise

30 Jan 2019

Jan 30 Qualcomm Inc reported quarterly earnings that handily beat Wall Street views on Wednesday and said it had negotiated a new and slightly better interim patent contract with Huawei Technologies as it forecast current-quarter revenues in line with analyst estimates.

World News

India's Modi stuns opposition with huge election win

Indian Prime Minister Narendra Modi scored a dramatic election victory on Thursday, putting his Hindu nationalist party on course to increase its majority on a mandate of business-friendly policies and a tough stand on national security.