Cognex Earnings Show Broad-Based Strength

FAN Editor

On the face of it, the record third-quarter earnings report from machine vision company Cognex (NASDAQ: CGNX) was little short of sensational. A combination of nearly 80% revenue growth and an around 90% increase in net income from continuing operations would normally be enough to thrill investors, but Cognex’s management […]

Survey: US businesses added 235,000 jobs in October

FAN Editor

WASHINGTON –  U.S. businesses added a solid 235,000 jobs in October, according to a private survey, partly reflecting a rebound from the previous month when hiring was held back by several hurricanes. Continue Reading Below Payroll processor ADP said Wednesday that last month’s gain was the largest in seven months. […]

Molson Coors meets 3Q profit forecasts

FAN Editor

DENVER –  Molson Coors Brewing Co. (TAP) on Wednesday reported third-quarter earnings of $280 million. Continue Reading Below On a per-share basis, the Denver-based company said it had net income of $1.29. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $1.34 per share. More on this… […]

Allergan reports 3Q loss

FAN Editor

DUBLIN –  Allergan PLC (AGN) on Wednesday reported a third-quarter loss of $4.03 billion, after reporting a profit in the same period a year earlier. Continue Reading Below On a per-share basis, the Dublin-based company said it had a loss of $12.07. Earnings, adjusted for one-time gains and costs, came […]