Financial News

Roper Shares Gain After Agreeing to Acquire Cloud-Software Company iPipelines

Roper Shares Gain After Agreeing to Acquire Cloud-Software Company iPipelines

Roper Technologies (ROP) shares rose Thursday after agreeing to acquire cloud-based software company iPipeline, while a chief executive for the new unit was appointed. Exton, Pa.-based iPipeline, which announced the deal, provides cloud-software solutions to the insurance and financial-services industry. The company is owned by private-equity firm Thoma Bravo. Shares […]

Big Drop for Tech Stocks After Apple Threatened by Tarrifs

Big Drop for Tech Stocks After Apple Threatened by Tarrifs

Technology stocks plunged again during Monday trade, with the shares of tech stocks in the S&P 500 at last look dropping nearly 2.2% while the Philadelphia Semiconductor Index was falling just over 4.3%. Among technology stocks moving on news: (-) Enphase Energy (ENPH) retreated Monday, sinking just over 8%. The […]

BP Second-Quarter Sales, Earnings Beat Forecasts

BP Second-Quarter Sales, Earnings Beat Forecasts

Oil and gas production company BP (BP. BP.L) posted a decline in earnings which nevertheless beat analysts’ forecasts as oil prices declined and production advanced. Sales and other operating revenues fell to $72.68 billion during the three months that ended June 30 from $75.44 billion a year ago mainly on […]

Aston Martin Lagonda Shares Drop

Aston Martin Lagonda Shares Drop

Shares of Aston Martin Lagonda (AML.L) fell early on Wednesday as the British luxury carmaker lowered its guidance for full-year operating earnings margin, saying a “challenging” external environment and macro-economic uncertainties had “worsened.” The Gaydon, England-based firm, whose cars have featured in James Bond films, said in a trading update […]

Skechers USA Shares Jump

Skechers USA Shares Jump

Shares of Skechers USA (SKX), the third-largest athletic footwear brand in the US, rose in early trade on Friday after the firm said soaring international sales boosted group turnover to a record in the second quarter, setting the stage for a revenue and earnings beat as well as guidance ahead […]