The firm reported earnings per share of $1.73 on revenue of $2.33B. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $2.31B. That compared to EPS of $1.89 on revenue of $2.27B in the same period a year earlier. The company had reported EPS of $2 on revenue of $2.33B in the previous quarter.
“Having dinner tonight with Tim Cook of Apple. They will be spending vast sums of money in the U.S. Great!” Trump, who is on a working vacation at his golf club in Bedminster, New Jersey, said in a Twitter message.
SINGAPORE/WASHINGTON (Reuters) – The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.
Judge Dennis Montali of the U.S. Bankruptcy Court in San Francisco turned down requests from two groups of creditors wanting to propose a Chapter 11 exit plan for PG&E, which is facing huge liabilities from California wildfires.
The company’s response comes after the Telegraph newspaper reported earlier that the British supermarket chain was preparing internally for a succession plan.
WASHINGTON (Reuters) – A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen AG (DE:VOWG_p) to resolve a civil suit stemming from its Dieselgate emissions scandal.