JC Penney stock drops on weak quarterly performance and outlook
The department store chain J. C. Penney Company (JCP) reported a narrower loss in the first quarter helped by lower costs of goods sold and…
The department store chain J. C. Penney Company (JCP) reported a narrower loss in the first quarter helped by lower costs of goods sold and…
Walmart’s (WMT) efforts to revitalize its e-commerce business yielded the desired results in the first quarter when earnings rose sharply and surpassed estimates. The company…
Jack in the Box (JACK) second quarter results failed to meet Street estimates. The company reported its results Wednesday after the bell with both revenue…
Networking company Cisco (CSCO), which reported revenue growth for the first time in a couple of years last quarter, continued the same momentum, posting a…
Take-Two Interactive Software Inc. (TTWO) reported a drop in earnings for the fourth quarter as the company increased its spending on R&D as well as…
Telecommunications and media are probably the two sectors that benefitted the most from President Donald Trump’s new industrial policy. The diverse formulae being tried out…
Google, a unit of Alphabet (GOOGL), has been facing stiff opposition from thousands of its employees over its drone contract with the Department of Defense,…
Zoetis Inc. (ZTS), a former subsidiary of Pfizer (PFE), has agreed to acquire Abaxis Inc. (ABAX) for close to $2 billion as the former looks…
The 5G race is on as the wireless operators are battling for rights to be the first in the market. And in line with its…
With billions of users hooked on to Facebook (FB), it was often believed that Mark Zuckerberg and his team could never successfully police the massive…