Month: May 2018
Will your investment in gun stocks survive this bullet?
The NRA is in a weird fix now. With its supporters clinching power at the helm of the most powerful…
Ciena stock dips on weak Q2 earnings
Ciena Corporation (CIEN) stock dropped more than 5% in the premarket session after second-quarter adjusted earnings missed Street’s expectations. The…
GM shares surge after SoftBank offers $2.3 bln for self-driving car program
General Motors’ (GM) autonomous car program got a major boost after Japan-based SoftBank Vision Fund agreed to invest $2.25 billion…
Warren Buffett’s offer to buy Uber’s stake didn’t take off further
It’s quite interesting that Berkshire Hathaway (BRK.A, BRK.B) which recently added its stake in Apple (AAPL) by buying an additional…
PVH earnings climb on Tommy Hilfiger and Calvin Klein businesses’ strength
PVH Corp (PVH) reported a 155% jump in earnings for the first quarter helped by broad-based strength across its businesses…
Guess shares tumble despite strong 1Q results
Guess? (GES) reported that its first quarter revenue grew 15% to $521 million aided by the strong performance from its…
Fresh trouble for Musk as Tesla in Autopilot mode hits police van
In yet another indication that Tesla’s (TSLA) autonomous vehicle program is unlikely to live up to the hype, a car…