U.S. Markets News
Adobe’s stock gains from solid quarterly results
Adobe Inc.’s (NASDAQ: ADBE) stock was up 4.5% in afternoon trade on Friday after the company reported solid fourth-quarter 2019…
Lululemon’s stock still in red zone despite a strong quarter
Lululemon Athletica’s (NASDAQ: LULU) stock was down 4.5% in afternoon hours on Thursday despite the company reporting strong third-quarter 2019…
GameStop’s stock stays in the doldrums after disappointing quarter
GameStop Corp.’s (NYSE: GME) shares were down over 18% in afternoon trade on Wednesday after the company reported another weak…
Home Depot’s stock sees a dip after providing preliminary FY2020 guidance
Shares of The Home Depot (NYSE: HD) remained down 1.8% in morning hours on Wednesday after the company provided a…
Five high-profile CEO departures in the past one month
2019 seems to be a record year in terms of CEO exits. The departures of these CEOs have been due…
General Electric to freeze pension plans to cut down debt
General Electric (NYSE: GE) has announced three key strategic decisions related to its US retirement benefits in order to reduce…
HSBC to cut 10,000 jobs to reduce expenses
HSBC (NYSE: HSBC) is undertaking cost-cutting initiatives that could result in the reduction of up to 10,000 jobs. According to…
Companies that announced major restructurings in 2019
A slew of companies have announced major corporate restructurings to streamline operations and cut costs. Restructurings are often accompanied by…
Monster Beverage could get hurt by Coca-Cola’s energy drink
Shares of Monster Beverage Corp. (NASDAQ: MNST) stayed in negative territory during midday trade on Wednesday after Guggenheim downgraded the…
A long-term relationship with airline stocks may not end well. Here’s why
When it comes to investing, long-term relationships have many benefits. Higher holding periods tend to make stocks more balanced, with…