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JD.com's second-quarter revenue soars 31.2%, but misses estimates

Qilai Shen | Bloomberg | Getty Images A woman stands next to signage incorporating the logo of JD.com, and the company’s mascot ‘Joy,’ at the company’s headquarters in Beijing, China. Shares in JD.com, China’s second largest e-commerce firm, slid on Thursday after the company’s revenues fell short of analysts’ estimates …

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Discovery profit misses on Scripps acquisition costs

David Paul Morris | Bloomberg | Getty Images David Zaslav, president and chief executive officer of Discovery Communications Inc. Discovery missed analyst estimates for quarterly profit on Tuesday, as the owner of Discovery Channel and Animal Planet took on more costs related to integration of the recently acquired Scripps network. …

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Drug distributor Cardinal's profit beats on pharma unit strength

Ty Wright | Bloomberg | Getty Images Signage is displayed outside of the Cardinal Health Inc. headquarters in Dublin, Ohio. U.S. drug distributor Cardinal Health beat analyst estimates for adjusted fourth-quarter profit on Monday, supported by higher sales in its pharmaceutical and medical devices businesses. The company has been plagued …

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Apple now has $243.7 billion in cash on hand

Getty Images A customer purchases the new iPhone X at an Apple store on November 3, 2017 in Palo Alto, California. Apple now has $243.7 billion in cash on hand, the company reported along with its third-quarter earnings Tuesday. That’s $23.5 billion down from the $267.2 billion it posted in …

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Sprint profit beats on strong wireless growth

Kevin Winter | Getty Images A woman talks on a mobile phone as she walks past a Sprint Corp. store in Palo Alto, California. Sprint on Wednesday topped analysts’ estimates for quarterly profit, helped by surprise growth in wireless subscribers in a competitive U.S. wireless market. The fourth-largest U.S. wireless …

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