Month: September 2018
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…
CarMax gets a lift after Q2 results top expectations
CarMax Inc. (KMX) beat analysts’ expectations on sales and earnings numbers for the second quarter of 2019, lifting the stock…
KB Home stock jumps on upbeat Q3 profit
Homebuilder KB Home (KBH) reported a 74% jump in earnings for the third quarter helped by continued growth in its…
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.…
Insta duo exit: Is the Facebook ship being run too tight?
Facebook (FB) acquired Instagram and WhatsApp from their founders and turned them into its biggest money-spinners. While both platforms have…
BMW cuts 2018 guidance on trade war concerns
BMW’s pricing and production are apparently getting hit by the escalating global trade war, and now, the German carmaker is…
Analyst sees a potential addition to FANG stocks
Payment services firms hardly see sudden optimism. But bucking this trend, rating firm Nomura Instine Tuesday raised its price target…
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…
Earnings Preview: Higher costs might drive CarMax profits down
CarMax Inc. (KMX) is scheduled to report second-quarter 2019 earnings on September 26. Wall Street estimates revenues will grow 7%…
Neogen Q1 profit climbs 28%, beats estimates
Neogen Corp. (NEOG) reported a 28% jump in earnings for the first quarter helped by tax benefits from employee stock…