Nearly 80% of consumers would buy more online if e-commerce firms offered free shipping, a new survey by Morgan Stanley shows. Consumers value free shipping and delivery above all other e-commerce service offerings. Morgan Stanley’s Q1 global survey found that 62% considered free shipping the most important service that e-tailers could offer, up from 61% in Q4 2014. It beat lower prices and strong online security among considerations. “The
Edwards Lifesciences (EW) late Tuesday beat second-quarter earnings estimates, keeping alive a streak that has lasted more than two years. The heart-valve maker said second-quarter earnings per share minus items rose 28% from the year-earlier quarter to $1.13. Edwards has beaten estimates from analysts polled by Thomson Reuters each quarter going back to at least 2013. For the second quarter, analysts on average had forecast earnings of just $1.05
Vasco Data Security International (VDSI) late Tuesday reported higher profit and sales, but maintained its full-year sales guidance that falls short of Wall Street’s estimate. The cybersecurity company’s Q2 earnings more than doubled to 35 cents a share minus one-time items, beating estimates for 28 cents. Revenue grew 37% to $65.4 million, just above views for $64.7 million. Vasco Data continues to see full-year revenue of $230 million-$240