First Horizon's (FHN) Q2 net income declines year over year on account of elevated expenses. However, net interest margin expands.
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Novartis' (NVS) breast cancer drug, Kisqali, gets FDA approval as first-line treatment for pre-, peri- or post-menopausal women with HR+/HER2- advanced breast cancer.
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Stericycle (SRCL) looks promising on the back of its strategic acquisitions in both domestic and international markets.
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Baker Hughes (BHGE) agrees to sell Natural Gas Solutions Business to two firms, namely First Reserve and Pietro Fiorentini, for $375 million.
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Illinois Tool's (ITW) Q2 earnings might benefit from robust revenues and ongoing enterprise initiatives. However, input cost inflation and rising freight charges remain drags.
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Here's why investors shrugged off the $5 billion fine the EU slapped on Google.
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Roche's (RHHBY) late-stage lung cancer study on immuno-oncology drug, Tecentriq, meets its co-primary endpoint of progression-free survival (PFS).
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Duke Energy's (DUK) plan to pass tax savings to customers is in sync with its commitment to help them manage electricity costs through lower bills and energy-efficiency programs.
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Cohen & Steers' (CNS) Q2 earnings increase year over year on higher revenues. However, mounting expenses and declining AUM remain concerns.
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Nucor (NUE) witnessed strong performance in its steel mills unit in Q2, but its results missed expectations.
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Dover's (DOV) 2018 performance will benefit from cost-reduction initiatives and focus on product digitization, e-commerce and new product development.
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Union Pacific Corporation's (UNP) second-quarter results benefit from increased freight revenues. However, deterioration in operating ratio remains a concern.
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FuelCell Energy (FCEL) to augment its annual production by 120% to 55MW for meeting the surge in demand for clean energy.
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Alliance Data's (ADS) second quarter reflects improved performance across all its three segments.
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Neogen (NEOG) sticks to its four-pronged growth strategy for steady progress. Also, the company's accretive buyouts and its broader international base are a boon.
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Nokia (NOK) joins forces with Philippines' Globe Telecom to help the latter deliver cloud-native business services, allowing enterprises to move seamlessly to the cloud.
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CTI BioPharma (CTIC) conducts Type B meeting with the FDA to discuss a regulatory pathway for its lead pipeline candidate Pacritinib, currently under study for the treatment of myelofibrosis.
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Centene's (CNC) Q2 earnings is likely to gain from higher membership and revenues from Government business.
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GE's operating segment, GE Aviation enters into a deal with Teradata (TDC) to serve as the sole provider of Teradata products and services for commercial aviation markets.
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Although Travelers' (TRV) Q2 results suffer a year-over-year bottom-line deterioration, higher premiums as well as investment income drive the company's top line.
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Increase in prices charged to customers, tax benefits, positive impact of acquisitions are likely to drive Waste Connections' (WCN) second-quarter 2018 results.
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Tale of the Tape
Nucor's (NUE) adjusted earnings were $2.13 per share for second-quarter 2018, which beat the Zacks Consensus Estimate of $2.10.
Las Vegas Sands' (LVS) The Venetian Macao and Sands Cotai Central segments perform impressively, which in turn is likely to boost the company's second-quarter results.
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Devon (DVN) completes the divestiture of its ownership interests in the midstream assets, and will utilize the proceeds to strengthen operation, and increase the value of its shareholders.
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The Barkawi Management Consultants acquisition is part of Genpact's (G) ongoing efforts to expand global supply chain management transformation expertise.
WEX PAYX G IQV
Netflix (NFLX) announces partnership with SiriusXM to launch its comedy focused channel.
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Companies in the news are:
ASML, MTG, GWW and NOK
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J. Jill, Tupperware, Suncor, IBM, eBay and American Express highlighted as Zacks Bull and Bear of the Day
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Total earnings for the 48 index members that have reported Q2 results are up +23%.
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