Business News
Five Below Q3 results beat street view; lifts FY18 outlook
A marked uptick in comparable store sales and new store openings pushed up earnings of discount store operator Five Below…
Boeing stock remains volatile as fallout from Lion Air crash deepens
Shares of Boeing Company (BA), which contributed significantly to the Dow Jones’ sharp gains at the beginning of the week…
Beverage industry stays on growth path as cola giants tweak product line
A recent survey showed that the value of the American soft drink industry is set to cross $350 billion by…
Toll Brothers stock falls on weak orders and outlook, despite Q4 beat
Shares of luxury homes builder Toll Brothers (TOL) fell sharply after the company reported a marked decline in new orders…
Logistics giants face turbulence as Amazon Air spreads wings
Amazon’s (AMZN) evolution into a diversified conglomerate has been marked by several surprises, and the rapid growth of Amazon Air…
American Outdoor Brands (AOBC) Q2 2019 Earnings Preview: What to expect from the gunmaker
Smith & Wesson gunmaker American Outdoor Brands (AOBC) is expected to announce second-quarter earnings results on Thursday, Dec. 6. For…
A bumpy ride ahead as Ford embarks on full-scale reorganization
Realizing the need to adapt to the changing market conditions, American automakers are busy revising their strategies. Following in the…
Dollar General (NYSE: DG) Q3 2018 earnings: discount store cuts outlook on disaster impact
Discount-store chain Dollar General (DG) saw third-quarter earnings jump 35.5% to $1.26 per share in line with analyst estimates. Net…
American Eagle set to ride high on brand power, comps in Q3
Supported by the strength of its popular apparel brands and stable comparable store sales, American Eagle Outfitters (AEO) is well-positioned…
Unfazed by trade war, Hewlett Packard Enterprise looks at a better Q4
Palo Alto, California-based Hewlett Packard Enterprise (HPE) is scheduled to post its fourth-quarter earnings after market on Dec 4. The…
GSK reorganization gains steam with Tesaro buyout, sale of Asia unit
The recent spate of cancer drugs securing FDA approval indicates that research and development in the area are progressing rapidly. So,…
Earnings Preview: AutoZone poised to beat Q1 estimates, defying cost pressure
AutoZone Inc. (AZO) is expected to announce its first-quarter results on December 4 before the market opens. Analysts predict that…
Honeywell ditches New Jersey for North Carolina, to attract top talent
More and more Wall Street firms are realizing the importance of having their headquarters in areas where it is easy…
Marriott stock retreat deepens after data breach affects 500 mln guests
After digital media, the industry that depends so much on customers’ personal information might be the hospitality sector. While the safety…
GameStop stock falls 12% on weak guidance; Q3 results beat street view
Shares of video game retailer GameStop Corp. (GME) fell sharply Thursday after the company released weaker than expected guidance for…
McDonald’s turnaround on track; stock hits new peak after upgrade
After making a dismal start to the year, often underperforming the market, McDonald’s (MCD) has made a noticeable recovery in…
CVS-Aetna merger promises a new dawn for healthcare sector
The healthcare sector this week witnessed the coming together of two leading players, under a merger deal that stands out…
Tilly’s Q3 earnings beat; stock falls on sales miss, weak guidance
Earnings of Tilly's Inc. (TLYS) declined in the third quarter, hurt by a 4% drop in sales, but came in…
Defying tech selloff, Microsoft races ahead of Apple in market cap
A few months ago, Apple (AAPL) achieved an enviable milestone when its market value crossed the $1-trillion mark. However, the…
Royal Bank of Canada Q4 earnings beat as higher interest rate lifts margins
Supported by double-digit income growth in key business segments, Royal Bank of Canada (RY) Wednesday reported stronger than expected fourth-quarter…
Market on alert after Trump’s tariff threat adds to Apple rout
Analysts’ outlook on Apple (AAPL) has never been as dismal as it is now, and the sentiment is turning from…