Business News
Bank of Nova Scotia lifts dividend; Q1 earnings slip amid market volatility
Reflecting the volatile market conditions, Bank of Nova Scotia (BNS) Tuesday reported a decline in its first-quarter earnings which also…
Shake Shack Q4 results beat estimates; stock falls on weak 2019 outlook
Burger chain Shake Shack (SHAK) reported stronger than expected earnings and revenues for the December quarter, reflecting its initiatives to…
Warren Buffett hints at buying Apple shares when they get cheaper
Weeks after reducing the stake of his company Berkshire Hathaway (BRK) in Apple (AAPL), Warren Buffett said he would have…
Earnings preview: Rising cost pressures could drag L Brands’ Q4 results
There are mixed expectations ahead of the fourth-quarter report of L Brands (LB), which will be published Wednesday after the…
Earnings preview: Cost escalation a major concern for JM Smucker in Q3
From brand building to partnerships, The J.M. Smucker Company (SJM) has been pursuing multiple options to tackle the challenges facing…
Earnings preview: AutoZone’s expansion initiatives to pay off in Q2
AutoZone, Inc. (AZO), which operates as a retailer of automotive replacement parts, is expected to report earnings of $9.97 per…
Stamps.com free fall continues after breakup with USPS; stock down 57%
The market value of Stamps.com Inc. (STMP) more than halved after the online stamp vendor discontinued its partnership with the…
Bj’s Restaurants stock falls after mixed Q4 results
Fast food chain BJ’s Restaurants (BJRI) reported mixed results for the fourth quarter, with earnings falling and missing expectations despite…
Hewlett Packard stock climbs on Q1 earnings beat, guidance upgrade
Hewlett Packard Enterprise (HPE) reported stronger than expected earnings for the first quarter of 2019, despite a decline in revenues.…
Coca-Cola stock gains on dividend hike, new share buyback program
More than a week after reporting mixed results for the fourth quarter, Coca-Cola (KO) has brought some good news for…
Earnings preview: Home Depot’s interconnected retail strategy to pay off in Q4
The Home Depot (HD) has been thriving on its prudent growth strategies including the seamless integration of online and offline…
Domino’s Pizza stock slips as Q4 earnings, revenue miss estimates
Fast-food chain Domino’s Pizza (DPZ) posted its fourth-quarter 2018 earnings before the opening bell on Thursday, Feb. 21. Revenues soared 21.4%…
Jack in the Box stock gains after Q4 results beat estimates
Earnings of restaurant chain Jack in the Box (JACK) increased in the first quarter, despite a modest decline in revenues.…
Workiva Q4 revenues rise 18%, beat estimates
Enterprise software company Workiva (WK) Wednesday reported stronger than expected revenues for the fourth quarter. Consequently, the bottom line improved…
Tesla’s general counsel who handled recent SEC case quits
Though Tesla (TESLA) has made significant progress in enhancing its production capacity and financial strength in recent months, the electric…
Rating downgrade adds to woes of Southwest Airlines; stock falls
Southwest Airlines (LUV) suffered a double whammy this week when a rating downgrade by Goldman Sachs deepened the setback caused…
Earnings preview: Challenges galore as Baidu braces for a weak Q4
The Chinese tech industry is probably on the threshold of a paradigm shift, with new equations emerging amid growing competition.…
Earnings preview: A mediocre Q1 awaits Analog Devices amid consumer segment slump
Semiconductor firm Analog Devices (ADI) has always been an investors’ favorite for its relatively stable market cap and strong fundamentals.…
Downgrade of General Dynamics reflects weakness in defense sector
The performance of two key segments of General Dynamics (GD) - combat systems and mission systems - was essentially flat…
CBS stock falls as Q4 results miss amid softness in entertainment biz
CBS Corp. (CBS) Thursday said its fourth-quarter earnings and revenues increased from last year to record highs. However, the stock…
Duke Energy stock slips after Q4 earnings miss estimates
Duke Energy (DUK) reported weaker than expected earnings for the fourth quarter. Following the announcement, the company’s stock dropped about…