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Discovery Second-Quarter Results Meet Expectations

Discovery (DISCA) on Tuesday reported second-quarter results that were in line with expectations as the company moves to more digital and direct-to-consumer programming. The Silver Spring, Md.-based company, which operates such cable TV networks as Discovery Channel and Animal Planet, earned $1.61 per adjusted share for the quarter ended June […]

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Apple Third-Quarter Results Beat Estimates

Apple unveiled fresh guidance as the company posted better-than-expected results for its fiscal third-quarter after markets closed on Tuesday, which were supported by double-digit growth in services. The Cupertino, Calif,-based technology major generated net sales of $53.81 billion in the three months ended June 29, up 1% from the corresponding […]

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Koninklijke Philips Second-Quarter Results Beat Forecasts

Dutch technology conglomerate Koninklijke Philips (PHG) reiterated its full-year guidance on Monday as it posted better-than-expected results for its second quarter, which were helped by double-digit comparable sales growth in image-guided therapy and high single-digit comparable growth in ultrasound. The Amsterdam-headquartered company, which manufactures medical devices and consumer hygiene products, […]

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Gold Prices End Lower

Gold futures finished lower on Monday, following a four-session streak of gains, pressured by uncertainty ahead of a meeting of the U.S. Federal Reserve that’s expected to offer hints on the central bank’s plan on interest rates, MarketWatch reported. International trade clashes and a concern over a weakening global economy, […]