• Chesapeake Energy jumps after beating quarterly earnings estimates

    One year ago - By Business Insider

    Chesapeake Energy 's stock rose nearly 20% on Thursday after the company reported a strong earnings quarter.
    The company said that it would maintain its production levels from 2017 into 2018.
    Watch Chesapeake Energy's stock move in real time here.
    Shares of Chesapeake Energy climbed nearly 20% on Thursday morning after the petroleum and natural gas company reported fourth-quarter earnings that beat Wall Street's forecasts.
    Chesapeake reported an adjusted earnings of $0.30 per share, topping Wall Street's estimates of $0.24 per share. Its quarterly revenues were $2.59 billion, above...
    Read more ...


  • Why Apple's Tim Cook Is No Fan of the Quarterly Earnings Report

    Why Apple's Tim Cook Is No Fan of the Quarterly Earnings Report

    One year ago - By Fortune

    Tim Cook would gladly do away with the quarterly report system, the Apple chief has said in an interview. But not for Apple's sake, as such.
    Asked whether investment markets help or hinder innovation, Cook told Fast Company that Apple aapl
    , as an outlier, was not affected by the reporting system.
    However, he continued: “More generally, if you look at America, the 90-day is a negative. Why would you ever measure a business on 90 days when its investments are long term?”
    “If I were king for a day, that whole thing would change,” Cook added.
    The Apple CEO noted that the outside view of the...
    Read more ...