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SeaWorld Entertainment Reports Mixed Second Quarter

SeaWorld Entertainment Reports Mixed Second Quarter

Theme park operator SeaWorld Entertainment (SEAS) reported mixed results for its second quarter, as attendance was up slightly but in-park spending climbed 6.4% year-on-year. The Orlando, Fla.-based company said revenue rose 3.6% to $406 million in the three months ended June 30, while the consensus on Capital IQ was for […]

Electronic Arts First-Quarter Operating Results Beat Guidance, Sales Jump

Electronic Arts First-Quarter Operating Results Beat Guidance, Sales Jump

Electronic Arts (EA), the second-largest gaming company in the Americas and Europe by revenue, reported late on Tuesday a jump in first-quarter sales and earnings, with operating results above internal expectations. Total net revenue increased to $1.21 billion during the three months that ended June 30, from $1.14 billion a […]

Abcam Chief Financial Officer Steps Down

Abcam Chief Financial Officer Steps Down

Shares of Abcam (ABC.L), a supplier of life science research tools, slumped early on Monday after the group set out plans for a program of internally funded investments to further grow the business while disclosing the departure of its chief financial offer. The Cambridge, UK-based company, which ended the fifth […]

Health Care Stocks Trading Down

Health Care Stocks Trading Down

Health care stocks were moderately lower in recent trading, including a more than 0.1% decline for the NYSE Health Care Index while shares of health care companies in the S&P 500 also were down more than 0.5% as a group. The Nasdaq Biotechnology index was falling about 1.8% Monday afternoon. […]

Health Care Stocks Advancing

Health Care Stocks Advancing

Health care stocks were rising, including a nearly 0.3% gain for the NYSE Health Care Index in recent trade while shares of health care companies in the S&P 500 also were up almost 0.4% as a group. The Nasdaq Biotechnology index was climbing 3%. Among health care stocks moving on […]

Uber to Hire Several Dozen Engineers

Uber to Hire Several Dozen Engineers

Uber (UBER) is looking to hire several dozen engineers and product managers this year as the company pushes to accelerate its financial services efforts, CNBC reported Monday, citing people with knowledge of the plan. According to the sources, the ride hailing company is hiring for a new fintech outpost in […]

Lockheed Martin Lands Pentagon Contract

Lockheed Martin Lands Pentagon Contract

Aerospace and defense company Lockheed Martin (LMT) secured a $1.81 billion contract for design and development related to the modernization of F-35 combat aircraft, a statement issued by the Department of Defense said. The contract is for design maturation and development of capabilities in support of the F-35 Lightning II […]