Business News
Earnings preview: High costs to take fizz out of Constellation Brands’ Q4 results
Constellation Brands (STZ), the brewer of popular beer brand Corona, is slated to publish its fourth-quarter results on April 4…
Micron stock spikes even as semiconductor recovery gathers steam
The steady improvement in the performance of Micron (MU) shares since the beginning of the year, after staying in the…
Celgene stock jumps after advisory firm backs merger with Bristol-Myers Squibb
The planned acquisition of Celgene (CELG) by rival drugmaker Bristol-Myers Squibb (BMY) got a new lease of life this week…
New Age Beverages stock gains after Q4 revenues top Street view
Shares of New Age Beverages Corp. (NBEV) gained about 8% early Friday after the company reported a double-digit increase in…
Qiwi Q4 results top Street view on solid payments growth; stock gains
Reflecting the rapid adoption of digital payment services, Qiwi plc (NASDAQ: QIWI) (MOEX: QIWI) reported strong earnings and revenue growth…
Lululemon stock rallies on Q4 earnings beat; strong guidance
Athletic apparel retailer Lululemon Athletica (LULU) on Wednesday reported higher earnings and revenues for the fourth quarter, which also topped…
Ford exits Russian car market as pressure mounts on profitability
After much deliberation, the Russian joint-venture partner of Ford Motor Company (F) has decided to close its passenger car division…
Earnings preview: Walgreens to benefit from solid prescription volumes in Q2
When Walgreens Boots Alliance (WBA) reports its second-quarter results on April 2 before the opening bell, the market will be…
CarMax Q4 earnings preview: Store expansion will offset impact of demand slump
CarMax (KMX) is slated to unveil its fourth-quarter financial results Friday before the opening bell. If the used-car retailer maintains…
Carnival Corp stock falls on weak guidance; Q1 results top expectations
Shares of Carnival Corporation (CCL) fell sharply in early trading Tuesday after the company lowered its full-year 2019 guidance to…
Cesca Therapeutics reports wider net loss for FY18 as sales fall
Cesca Therapeutics (KOOL) Monday reported a wider net loss for fiscal 2018 when revenues of the biotechnology firm declined sharply.…
New setback for Boeing as Airbus wins massive Chinese order
Days after Chinese aviation firms grounded Boeing (BA) planes following the deadly crash, rival aircraft maker Airbus this week won…
Earnings preview: What to expect when Paychex reports Q3 results
Business services provider Paychex (PAYX) will be reporting financial results for the third quarter of fiscal 2019 on Wednesday before…
Cintas stock drops on Q3 revenue miss; earnings beat Street view
Shares of Cintas Corp. (CTAS) declined Thursday during the extended trading session after its third-quarter revenues missed analysts’ estimate. Meanwhile,…
Ford names Amazon veteran Tim Stone as finance chief, to succeed Bob Shanks
Ford Motor Company (F) announced Thursday that chief financial officer Bob Shanks will be retiring later this year. He will…
Earnings preview: Pending deal with IBM puts spotlight on Red Hat’s Q4 report
Red Hat (RHT) has been drawing the attention of Wall Street ahead of its fourth-quarter report, due to the uncertainty…
Herman Miller Q3 profit beats on solid organic growth; stock jumps
Furniture maker Herman Miller (MHLR) reported a marked growth in third-quarter sales, aided by robust order growth across all business…
Tencent Music Entertainment stock plunges after in-line Q4 earnings
The adjusted earnings of Tencent Music Entertainment Group (TME) came in line with analysts’ estimates in the fourth quarter. The company's…
AMD stock rallies on tie-up with Google to build game streaming platform
For investors of Advanced Micro Devices (AMD), there seems to be a lot to cheer about this week. A day…
Earnings preview: Tiffany could take a beating from holiday slump, high costs in Q4
Tiffany & Co. (TIF), a leading manufacturer and retailer of designer jewelry, is scheduled to report the fourth-quarter 2018 results…