Business News
Why is AMD a better investment option after de-escalation of tariff war?
After ending the downtrend that lasted for several weeks, shares of Advanced Micro Devices (NASDAQ: AMD) finally bounced back a…
PNC Financial (PNC) Q3 earnings rise on higher interest income, beat Street view
PNC Financial Services Group (NYSE: PNC) reported a 4% increase in third-quarter earnings, aided by higher interest income. The results…
United Airlines (UAL) Q3 earnings rise 33%, beat Street view; lifts FY19 EPS outlook
Earnings and revenues of United Airlines (NASDAQ: UAL) increased in the third quarter, when the aviation firm carried a higher…
Can beer companies expect new fizz from their cannabis ventures?
The beer business is an area that usually remains unaffected by the general ups and downs of the market as…
Kroger might need to do more than cost-cutting to bounce back
After registering record e-commerce sales last year, grocery store chain Kroger (NYSE: KR) has been on a mission to transform…
Constellation Brands Q2 profit beats; stock dips on loss from Canopy investment
Beverage company Constellation Brands (NYSE: STZ) reported a decline in second-quarter earnings, despite a modest increase in sales aided by…
Retail space gets busy as firms see opportunity in healthcare
After witnessing a major transformation in recent years, the retail sector is probably entering a new phase with the leading…
Overstock CEO Patrick Byrne steps down; stock gains
Patrick Byrne, CEO of online retailer Overstock.com (NASDAQ: OTSK) who stirred controversy recently after commenting on his involvement in an…
Earnings preview: Hewlett Packard’s strained topline dims Q3 recovery hopes
Revenues of Hewlett Packard Enterprise (NYSE: HPE) has been witnessing significant volatility for some time. However, the ongoing shift to…
Earnings preview: Foot Locker set to deliver mixed Q2 results amid weak outlook
Foot Locker (NYSE: FL) disappointed investors when it reported weaker-than-expected results for the first quarter a few months ago, sending…
Lowe’s reports better than expected Q2 earnings on strong comp sales; stock climbs
Lowe’s Companies, Inc. (NYSE: LOW), a provider of home improvement services, Wednesday said its second-quarter earnings rose 4%, aided by…
Beyond Meat stock gets a boost after JP Morgan analyst finds it “appealing”
Several factors have worked in favor of alternative meat company Beyond Meat (NASDAQ: BYND) this year. The bullish sentiment was…
Toll Brothers Q3 earnings preview: Weak demand likely to weigh on sales
Toll Brothers (NYSE: TOL) disappointed investors in March when it issued weak guidance while reporting above-consensus results for the second…
After fraud allegation spurs selloff, General Electric (GE) stock rebounds as CEO pitches in
Shares of General Electric (NYSE: GE) on Thursday suffered their biggest intra-day loss in recent times and closed the session…
Earnings preview: Will Urban Outfitters emerge from the slump in Q2?
There has been a great deal of concern among investors about Urban Outfitters (NASDAQ: URBN) due to the lifestyle retailer’s…
Nvidia Q2 earnings, revenue drop but beat estimates; stock gains 6%
Semiconductor firm Nvidia Corporation (NASDAQ: NVDA) reported lower earnings and revenues for the second quarter. The results, however, topped the…
Earnings preview: Comps recovery in cards when Home Depot reports Q2 results
Home improvement retailer Home Depot (NYSE: HD) will be reporting second-quarter results on August 20 at 6:00 AM ET, after…