Business News
Dollar Tree stock falls on Q2 earnings miss, weak guidance
Discount store operator Dollar Tree (DLTR) reported an increase in second-quarter profit, aided by higher sales. However, the company’s stock…
Tilly’s stock jumps on strong Q2 results, guidance
Shares of apparel and footwear retailer Tilly’s Inc. (TLYS) gained sharply Wednesday after it reported better-than-expected earnings and revenues for…
American Eagle Q2 results beat; stock falls on weak guidance
Specialty retailer American Eagle Outfitters (AEO) Wednesday reported strong earnings and sales for the second quarter, which came in above…
Hewlett Packard Enterprise stock gains after Q3 earnings beat
Hewlett Packard Enterprise (HPE) reported above-consensus earnings for the third quarter when higher demand in the non-US markets lifted revenues. The…
Thriving on e-commerce push, Costco stays composed ahead of earnings
Warehouse club operator Costco Wholesale Corp. (COST) is expected to report results for the fourth quarter on September 6. Analysts…
Tilray reports its first-ever quarterly results
Medical marijuana company Tilray (TLRY) reported second quarter 2018 results, the company's first-ever quarterly results, after it went public in…
JetBlue hikes baggage fee amid fuel woes; others may follow suit
After embarking on a comprehensive restructuring program last month, marked by layoffs, JetBlue (JBLU) has been exploring other options to…
It’s time for yet another blockbuster quarterly report from Salesforce
What makes Salesforce (CRM) distinctive in the tech industry is its rapidly growing revenue and stock price that consistently set…
Shareholder nod breathes life into Cigna-Express Scripts merger
The conditions that favored the consolidation wave across industries in recent years became more conducive last year when the government…
Tilray is a smoking hot stock you can’t ignore
The taboo associated with marijuana eased considerably in recent times, after researches confirmed its medicinal and recreational benefits. The cannabis…
Foot Locker Q2 results beat; stock falls on comparable sales miss
A revamped product-line and innovations in store operation pushed Foot Locker’s (FL) second-quarter sales and earnings beyond expectations. Reflecting the…
Intuit Q4 results beat; stock falls on CEO exit, weak guidance
Earnings of payroll solutions provider Intuit Inc. (INTU) increased in the fourth quarter and exceeded estimates. The company also provided…
Alibaba rises on Q1 revenue beat, despite China concerns
E-commerce giant Alibaba Group (BABA) wrapped the June quarter with broad-based revenue growth, sending the company’s stock higher in premarket…
Star Wars coming to smartphones through Zynga-Disney deal
There is hardly any other video game that matches the Star Wars in terms of popularity and the number of…
Earnings preview: Mixed market sentiment ahead of Foot Locker earnings
Of late, there have been indications that the sportswear industry is on a recovery path after several months of lackluster…
Target Q2 results top estimates amid record traffic growth; stock rallies
A record increase in store traffic pushed up the sales multi-brand retailer Target Corp. (TGT) in the second quarter, resulting…
S&P 500 reaches new peak amid bullish market sentiment
Continuing the epic bull-run, the S&P 500 index set a new intraday record Tuesday as companies keep on drawing inspiration…
Microsoft crackdown uncovers more Russian cyber-attacks
Microsoft (MSFT) has come out with a politically sensitive disclosure that could bring a new twist in the US-Russia relations,…
TJX Companies Q2 sales beat estimates; stock gains on strong guidance
Off-price apparel retailer TJX Companies (TJX) reported an increase in profit for the second quarter, when a sharp growth in…
Medtronic stock rallies after Q1 results top estimates
Medical technology company Medtronic plc (MDT) reported better than expected results for the first quarter of 2019. Encouraged by the…
Earnings preview: There’s more to Target Corp. than meets the eye
Target Corp. (TGT) has stayed ahead of its peers in certain aspects of the business so far this year, despite…