Finance

CSX Company (CSX) trades lower on Friday after beating estimates for fourth-quarter 2020 revenue and net income, posting earnings of $1.04 per share on a 2.1% drop in revenue to 2.83 billions of dollars. Coal was hit hard in 2020, weighing on shipping volume already reduced by the COVID-19 pandemic. The Florida-based railroad operates 20,000 miles of route in 23 …

International Business Machines Corporation (IBM) is trading down more than 9% in Friday’s premarket after beating Q4 2020 earnings estimates while running out of revenue. The struggling tech icon earned $2.07 per share in the quarter, $0.19 better than expectations, while revenue fell 6.5% year over year. other to reach $20.37 billion, missing consensus estimates of $250 million. Total cloud …

Key points to remember Adjusted EPS was $0.52 versus $0.47 expected by analysts. Revenue beat analysts’ expectations amid strong demand for PC, gaming and data center products due to the pandemic. Gross margin remained stable year-on-year, as expected. What happened AMD reported an impressive Q4 2020, with Adjusted EPS growing around 63% YoY and revenue up around 53% YoY. Both …

Key points to remember EPS was $2.03 versus analysts’ expectation of $1.63. Revenue exceeded analysts’ expectations. Azure cloud revenue grew faster than analysts had estimated. Intelligent Cloud, led by Azure, drove revenue growth. What happened Microsoft reported EPS for the second quarter of fiscal 2021 that beat analysts’ estimates. Revenue also beat expectations, growing at a healthy pace from the …

Key points to remember Adjusted EPS was $0.08 versus analysts’ expectation of $0.09. Revenues met analysts’ expectations. Revenues from renewables were below the level estimated by analysts. GE has secured the first order for its Haliade-X offshore wind turbine. What happened GE reported adjusted EPS for the fourth quarter of fiscal 2020 that beat analysts’ expectations and was down from …

Key points to remember EPS was $2.03 versus analysts’ expectation of $1.63. Revenue exceeded analysts’ expectations. Azure cloud revenue grew faster than analysts had estimated. Intelligent Cloud, led by Azure, drove revenue growth. What happened Microsoft reported EPS for the second quarter of fiscal 2021 that beat analysts’ estimates. Revenue also beat expectations, growing at a healthy pace from the …

Key points to remember Adjusted EPS was $0.08 versus analysts’ expectation of $0.09. Revenues met analysts’ expectations. Revenues from renewables were below the level estimated by analysts. GE has secured the first order for its Haliade-X offshore wind turbine. What happened GE reported adjusted EPS for the fourth quarter of fiscal 2020 that beat analysts’ expectations and was down from …

The coronavirus pandemic has impacted everyone, infecting millions of people all over the world, leaving millions of people dead. Even though it is good that there is a vaccine available for people in many parts of the world, this medical crisis has also left an economic one in its wake, leaving many people looking for answers. In addition to small …

The coronavirus pandemic has impacted everyone, infecting millions of people all over the world, leaving millions of people dead. Even though it is good that there is a vaccine available for people in many parts of the world, this medical crisis has also left an economic one in its wake, leaving many people looking for answers. In addition to small …

Disability insurance is an integral component of financial planning, offering income protection should illness or injury prevent you from working. Knowing the differences between long-term and short-term disability policies will allow you to select one best suited to your needs; this guide provides comprehensive analysis on each form. What Is Short-term Disability Insurance (STDI)? Short-term disability (STD) insurance provides financial …