Business News
SurveyMonkey jumps about 60% after upsized market debut
Survey software maker SurveyMonkey had a dream debut at Wall Street Wednesday when it opened about 60% higher than the…
Omnova stock sinks as asset write-downs drag down Q3 earnings
Specialty chemicals firm Omnova Solutions (OMN) reported unimpressive results for the third quarter when revenues were impacted by the devaluation…
Nike stock falls on cost concerns, despite Q1 earnings beat
Nike’s (NKE) North America recovery gathered steam in the first quarter when the company’s earnings jumped on strong revenue growth.…
Nothing very refreshing about Bed Bath and Beyond ahead of Q2 results
For a long time now, investors have been waiting for the good news from Bed Bath and Beyond (BBBY). Of…
Jabil Circuit Q4 earnings top estimates; stock gains
Jabil Circuit Inc. (JBL) reported a moderate increase in earnings for the fourth quarter when revenues gained sharply helped by…
Ascena Q4 results crush street view; stock surges
Benefiting from strong demand growth across the board, especially for the LOFT brand, Ascena Retail (ASNA) turned to profit in…
Takeover battle for Sky to be resolved at weekend showdown
The long-drawn battle between American media giants Comcast (CMCSA) and 21st Century Fox (FOXA) to acquire British Pay-TV firm Sky…
Tesla may be moving to a one-man show, literally
The talent drain at Tesla (TSLA) worsened in recent weeks even as the company struggled to put up a good…
Micron Q4 results crush estimates amid strong demand growth
Shares of Micron (MU) made strong gains Thursday after the chipmaker reported record high revenues for the fourth quarter, sending…
Under Armour revs up restructuring program with 3% job cut
Athletic apparel company Under Armour (UA) is revising its business strategy amidst continuing squeeze on profitability from margin pressures. The…
Red Hat stock falls as Q2 revenue disappoints; earnings top estimates
Shares of Red Hat (RHT) fell sharply in the extended trading session Wednesday after the company posted below-consensus revenues for…
Earnings preview: What to expect from Micron’s Q4 earnings report
The announcement of Micron’s (MU) fourth-quarter earnings will be a closely-watched event. In the run-up to the report, which is…
Why it pays to put your money in digital payment stocks
The shares of Mastercard (MA) and Visa (V) have witnessed an almost similar trading pattern over the years, all along…
General Mills Q1 earnings beat; stock falls on sales miss
Earnings of consumer food company General Mills (GIS) declined in the first quarter, but to a lower extent than predicted…
Coca-Cola may soon roll out marijuana-based drinks
It seems cannabis is taking the beverages industry by storm, with more alcohol and soft drink companies shifting their focus…
Oracle stock falls on weak cloud business; earnings top estimates
Oracle’s (ORCL) strong earnings growth in the first quarter failed to amuse investors Monday when the company's below-consensus cloud revenues…
What to expect from Oracle’s Q1 earnings report
The ongoing transition of enterprise software provider Oracle (ORCL) into a full-fledged cloud service company is being closely watched by…
PC market bracing for a season without Intel ‘inside’
The functioning of the technology companies, especially in the consumer electronics sector, is so closely interlinked that each of them…
Elon Musk’s lunar dream spreads wings with first passenger sign-up
Taking a break from the controversies surrounding the operations of Tesla (TSLA), CEO Elon Musk has come up with some…
A bumpy ride for GM as steering malfunction triggers more recalls
General Motors (GM) is probably paying the price for not learning from past mistakes; what else could explain the recurring…
Walmart gives Jet.com a new look to woo the urban youth
When Walmart (WMT) embarked on the transition to a full-fledged e-commerce retailer, apparently in response to the aggressive strategies of…