Shares were not yet active in premarket trade, but are up 10.6% in the year so far, while the S&P 500 has gained 2.2%. On a per-share basis, earnings rose to 83 cents from 73 cents.
Experts believed that the wreckage came from the Boeing 777, arguing that the code “657 BB” appearing in the debris picture corresponds to a manual code in the aircraft.
The recall came after cybersecurity experts Charlie Miller and Chris Valasek remotely commandeered a Jeep Cherokee to demonstrate the vulnerability of the vehicles’ electronic systems.
Adjusted financials that exclude a $20.9 million pre-tax charge connected with a restructuring plan from early in the year put the net loss at $11.6 million, or -13 cents a share.
“We hope RBI announces rate cut of at least 25 basis points in its next policy meeting, would somewhat help the sector in clearing its unsold inventory”, said Samir Jasuja, CEO and founder at PropEquity, a real estate data, analytics and research firm.
Technical experts, including from US aerospace giant Boeing, are due to begin today examining the debris in France to determine conclusively whether it belonged to the flight and new evidence could help Australia’s Joint Agency Coordination Centre (JACC) narrow down the...
Canadian Prime Minister Stephen Harper dissolved Parliament on Sunday and called an election for October 19, kicking off a marathon 11-week campaign, Reuters reported. The move appeared designed to give the Conservative Party an edge in campaign spending.
Netflix, the on-demand streaming service provider has announced to expand its services to Japan starting this September. In addition to the Twitter account, a Netflix Japan page is available on Facebook, and the company launched its netflix.jp website. September 2 is the...
As Detroit-Three-UAW contract talks kick into high gear, General Motors announced Tuesday it would invest $877 million in its Flint, Mich., pickup truck assembly plant.
Dallas city officials are wanting answers from the popular ride-sharing service Uber after the CBS 11 I-Team discovered an Uber driver, accused of raping a passenger, used a fake Dallas city permit.
The company did not make any share repurchases during the second quarter under its $750 million share repurchase authorization ending February 2017. The company has a market cap of $18,532 million and the number of outstanding shares have been calculated to be 726,186,000 shares....