Tag Archives: bad-request

Cirrus Surges On Earnings, Other Chips Await Results

The chip designers industry group bounced back quickly from a rough session on Wednesday as Cirrus Logic (CRUS) in particular had a quick reversal of fortune. Hurt by disappointing iPhone sales numbers Wednesday, shares came back with a vengeance Thursday in response to Cirrus’ earnings report. The stock gapped up to as much as a 22% gain and retook its 50-day moving average. Fiscal Q1 results, which ended in June, showed earnings per share up 46%

Peacock Turns Mouse: Comcast Talks Film, Theme Parks

The Peacock is turning into a Mouse, judging by Comcast’s stellar Q2 results at its NBCUniversal’s film division and theme parks. Cable TV leader Comcast (CMCSA) — which audaciously tried to buy Walt Disney (DIS) in 2004 and was rebuffed, only to acquire NBCU from General Electric (GE) in 2011 — saw its diversification strategy pay off in its June-quarter results. Comcast revenue rose 11.3%, topping analyst views, as NBCUniversal sales popped 20%

3 Big-Cap Drugmakers Who Beat Q2 Earnings Estimates

Large-cap drugmakers Valeant Pharmaceuticals, Eli Lilly and Bristol-Myers Squibb all beat analysts’ Q2 estimates, but their stocks went in different directions, as their guidance was more mixed. Valeant (VRX) rose more than 6% after it said total revenue rose 34% to $2.73 billion, easily topping consensus views for $2.54 billion. The company’s organic growth, not including acquisitions, was 19% during the quarter. U.S. growth owed to Valeant’s