PG&E says it ‘strongly disagrees’ delayed maintenance played role in Camp Fire
PG&E Corp said in court papers on Wednesday that it “strongly disagrees” with a suggestion in a Wall Street Journal article that the company knowingly...
Whiting Petroleum posts surprise quarterly loss, cuts 33% workforce
Whiting Petroleum said on Wednesday it has cut its workforce by 33% after reporting a second-quarter surprise loss, hit by a drop in crude and...
Qualcomm shares fall 6% on dour current-quarter forecast
Qualcomm Inc missed quarterly revenue estimates and forecast current-quarter revenue and profit below analysts’ expectations on Wednesday, sending its shares down nearly 6% in extended...
Whiting Petroleum cuts 254 jobs
Whiting Petroleum said on Wednesday it has reduced its workforce by 33%, or 254 jobs, as the oil and gas producer looks to cut costs....
Qualcomm forecasts current-quarter revenue below estimates
Qualcomm Inc missed quarterly revenue estimates and forecast current-quarter revenue below analysts’ expectations on Wednesday, sending its shares down 5% in extended trading....
Fitbit lowers 2019 revenue forecast, shares sink 16%
Wearable device maker Fitbit Inc forecast third-quarter revenue below analysts’ estimates and lowered its 2019 sales outlook as the company expects weak smartwatch sales and...
Qualcomm forecast current-quarter revenue below estimates
Qualcomm Inc forecast current-quarter revenue below analysts’ expectations on Wednesday, sending its shares down 4% in extended trading....
Fitbit forecasts third-quarter revenue below estimates
Wearable device maker Fitbit Inc forecast third-quarter revenue below estimates on Wednesday, sending its shares down 13% in extended trading....
Carlyle to give shareholders a vote in switch to corporation
Carlyle Group LP emulated its peers on Wednesday with plans to convert from a publicly traded partnership into a corporation, and went one step further...
U.S. markets gyrate after Fed cuts rates, stocks fall
Wall Street turned negative after Federal Reserve Chairman Jerome Powell in a press conference after the Fed announced its first rate cut since 2008 characterized...