Business News
Under Armour (UAA) stock drops after survey warns of weakening shoe sales
The continuing slowdown in sales in the local market seems to be taking a toll on Under Armour (NYSE: UAA),…
Disney (DIS) stock gains after analyst turns bullish on streaming service, Star Wars
Thriving on the positive sentiment that followed the acquisition of Fox’s (Nasdaq: FOXA) assets recently, Walt Disney Company (NYSE: DIS)…
Novartis (NVS) stock falls after Alcon spin-off; predicts stable growth ahead
Nearly a year after laying out its transformation strategy, with focus on demerging underperforming business units, Novartis (NYSE: NVS) Tuesday…
Pinterest sets IPO price below recent valuation
Joining the new wave of tech startups seeking to enter the stock market, social media company Pinterest on Monday moved…
Earnings: ReneSola slips to loss in Q4 on lower revenues, higher costs
ReneSola (SOL) reported a net loss for the fourth quarter compared to profit a year earlier as revenues of the…
Lyft stock finally regains footing, rises above IPO price
Ridesharing platform Lyft (LYFT) recovered from the recent volatility and lifted the spirits of the market Friday, a week after its…
Intel slips after downgrade by Wells Fargo citing competition, low demand
Semiconductor giant Intel Corp. (Nasdaq: INTC) suffered a jolt Friday morning after Wells Fargo (WFC) lowered its rating on the…
Aurora Cannabis on a high after securing production approval in Germany
Aurora Cannabis Inc. (NYSE: ACB) got a shot in the arm this week after the German authorities granted it approval…
Amazon to launch hundreds of satellites to offer internet from space
While the fate of Google parent Alphabet’s (Nasdaq: GOOG) ambitious broadband balloon project is still hanging in the balance, Amazon…
Earnings: Duluth Holdings stock plunges after Q4 results miss estimates
Duluth Holdings (DLTH), a leading provider of clothing and apparels, Thursday reported higher sales and earnings for the fourth quarter.…
Earnings: Resources Connection stock tanks after Q3 results miss estimates
Business consulting firm Resources Connection (RECN) Wednesday reported higher profit and revenues for the third quarter. However, the results missed…
AMD stock climbs after analyst’s bullish remarks on profitability
Advanced Micro Devices (AMD) surged around 10% early Wednesday after Nomura Instinet issued a bullish statement on the semiconductor giant’s…
Earnings preview: Softening fuel cost, high demand to lift Delta Air Lines in Q1
Shares of Delta Air Lines (DAL) gained sharply this week after the aviation firm raised the first-quarter earnings guidance and…
Dave & Buster’s Entertainment stock rallies after Q4 earnings beat
Dave & Buster’s Entertainment (PLAY), an operator of entertainment and dining venues, reported stronger than expected revenues and earnings for…
General Motors (GM) stock dips after US deliveries drop 7% in Q1
The ongoing slump in the demand for passenger vehicles weighed on the performance of General Motors (GM) in the first…
Bitcoin rally brings new vigor to cryptocurrency market
Proving the skeptics in the investment world wrong, crypto giant Bitcoin bounced back from the recent lows and crossed the…
Apple slashes iPhone prices in China to tackle faltering sales
Days after announcing a premium video streaming service, apparently in reaction to the impact of the continuing slowdown in sales…