Business News
Grubhub stock rallies after Amazon exits food delivery business
Whenever Amazon (Nasdaq: AMZN) forays into a new business, the traditional players turn cautious and look for ways to protect…
Earnings preview: Broadcom poised to maintain strength in Q2
Broadcom, Inc. (Nasdaq: AVGO), a leading manufacturer of semiconductor devices, is estimated to have retained its positive momentum in the…
These deals set a new paradigm for healthcare industry
After a busy 2018, the scale of merger and acquisition activity in the healthcare industry is expected to be high…
Earnings: Ciena stock gets a boost after Q2 results top expectations
Network technology provider Ciena Corp. (NYSE: CIEN) reported a sharp increase in second-quarter revenues and earnings, aided by the diversification…
Earnings Preview: Ciena to cash in on global growth, diversification in Q2
After starting the year on an upbeat note, network technology provider Ciena Corp. (NYSE: CIEN) is set to publish its…
Tiffany stock falls after Q1 sales miss estimates; earnings beat
Jewelry store operator Tiffany & Co. (NYSE: TIF) Tuesday reported lower sales and earnings for the first quarter of 2019.…
Nascar set to take over International Speedway in $2-billion deal
Picture Courtesy: Tim Trad (Unsplash) Racetrack operator International Speedway Corp. (Nasdaq: ISCA) Wednesday said it has agreed to be acquired…
Earnings Preview: Intuit to unveil upbeat Q3 results after busy tax season
Payroll solutions provider Intuit Inc. (INTU) will update the market this week about its performance during the tax season, typically…
Earnings: Urban Outfitters Q1 results beat Street view amid strong online sales
Benefitting from a double-digit increase in online sales, revenues of Urban Outfitters (Nasdaq: URBN) increased in the first quarter and…
Earnings Preview: Keep an eye on outlook when L Brands reports Q1 results
Fashion retailer L Brands (NYSE: LB) is expected to publish first-quarter results Wednesday after the closing bell. The event will…
Crisis looms: Falling demand, high costs bring Tesla to a crossroads
There has been growing apprehension among the stakeholders of Tesla (Nasdaq: TSLA) about its future, despite Elon Musk repeatedly promising…
Earnings Preview: Lowe’s marketing, merchandising efforts to pay off in Q1
When Lowe's Companies (Nasdaq: LOW) reports March-quarter results early Wednesday morning, it is expected to demonstrate improved operational efficiency aided…