Skyworks Solutions stock down after fiscal Q4 earnings

Shares of Skyworks Solutions Inc. SWKS, +0.91% fell 4% in the extended session Thursday after the semiconductor company reported fiscal fourth-quarter per-share earnings that beat expectations but predicted a weaker fiscal first quarter. Skyworks earned $286 million, or $1.58 a share, in the quarter, compared with $281 million, or $1.51 a share, in the year-ago quarter. Adjusted for one-time items, […]

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CenturyLink stock falls 7% after earnings show declining sales, profit

CenturyLink Inc. CTL, -1.82% shares dropped more than 7% in after-hours trading following an earnings report that showed sales and profit declining faster than expected. The telecommunications firm reported third-quarter profit of $272 million, or 25 cents a share, on sales of $5.82 billion, down from $6 billion a year ago. After adjustments for the recent Level 3 acquisition and […]

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Forescout stock rallies 10% on surprise profit

Forescout Technologies Inc. FSCT, +0.46% shares surged in the extended session Thursday after the cybersecurity company reported a surprise adjusted profit. Forescout shares rallied nearly 10% after hours, following a 0.5% rise to close the regular session at $28.11. The company reported a third-quarter loss of $8.3 million, or 20 cents a share, compared with $1.3 million, or 21 cents […]

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Norwegian Cruise shares surge 4% after earnings top estimates

Norwegian Cruise Line Holdings Ltd.’s shares NCLH, +1.46% surged 4% in early trade Thursday, after the company reported stronger-than-expected earnings for the third quarter. The Miami, Fla-based cruise operator said it hd net income of $470.4 million, or $2.11 a share, in the quarter, up from $400.7 million, or $1.74 a share, in the year-earlier quarter. Adjusted per-share earnings came […]

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Anadarko Petroleum To Sell Substantially All Of Its Remaining Midstream Assets

Anadarko Petroleum Corp. (APC) announced a transaction to sell substantially all of its remaining midstream assets for $4.015 billion to Western Gas Partners, LP (WES), with $2.0075 billion cash proceeds, and the balance to be paid in new Western Gas equity. Concurrently Western Gas Partners announced it has entered into a merger agreement with Western Gas Equity Partners, LP (WGP), […]

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Continental profit hit by demand, emissions rules

Continental AG (CON.XE) said Thursday that third-quarter net profit slumped, hit by slowing demand in global auto markets and the effects from new emissions-testing rules. Net profit for the quarter fell 14% to 626.1 million euros ($717.3 million) from EUR729.1 million a year earlier. Revenue edged 0.9% higher to EUR10.79 billion. Earnings before interest and taxes dropped 18% to EUR851.6 […]

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Telstra’s Robyn Denholm to replace Elon Musk as new chairman

Tesla Inc. named Robyn Denholm as its new chairman, replacing Chief Executive Elon Musk as the head of the board with a relative outsider who will face the difficult task of overseeing the maverick billionaire. Denholm, the chief financial officer of Australian telecommunications firm Telstra Corp. TLS, -1.62% , has served on Tesla’s TSLA, +2.08% board since 2014 but has fewer […]

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Rheinmetall earnings up, adjusts 2018 guidance

Rheinmetall AG (RHM.XE) said Thursday that its earnings in the first nine months rose strongly, while it adjusted its full-year guidance. Earnings before interest and taxes at the German defense and automotive company jumped 32% to 273 million euros ($313 million) from EUR206 million a year earlier, while sales fell slightly to EUR4.16 billion. The company adjusted its guidance for […]

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