Month: October 2018
With rising yield rates, investors might pick more equity shares
Since our coverage on the treasury yields a few days ago, the Fed has raised the 10-year yield rate to…
Consumer banking in focus as Citi gears up for Q3 earnings
Citigroup (C) is currently in the midst of a comprehensive reorganization, mainly involving realignment of the investment banking division and…
Regulators on Google’s tail after alleged privacy breach
According to a new report, at least two EU member nations and two US states are investigating a Google breach,…
Sears stock plunges 25% as it nears possible bankruptcy
Shares of Sears Holdings (SHLD) plummeted on Wednesday on reports that the struggling retailer is expected to file for Chapter…
Fastenal sees a dip despite beating Q3 estimates
Fastenal Company (FAST) topped market expectations on sales and profits for the third quarter of 2018 but shares still dropped…
Earnings Preview: Fastenal likely to beat Q3 results on strong demand
Fastenal Company (FAST) is scheduled to report its quarterly earnings results for the third quarter ended September 30, 2018, on…
Trian Fund pondering Papa John’s takeover
Activist hedge fund Trian Fund Management is reportedly considering a takeover of Papa John’s International Inc. (PZZA), according to a…
Shaken by the tariff wind, Dollar Tree is facing a social issue
The unique business model followed by dollar stores has been quite successful over the years. Most of them have remained…
Pharmacy growth might aid Walgreens to deliver upbeat Q4 results
Walgreens Boots Alliance (WBA) sales from its pharmacy stores are likely on the upward growth for the recently completed fourth-quarter…
eBay leads S&P 500 index on Tuesday
By around 11 AM ET on Tuesday, eBay (EBAY) shares were trading up as much as 6.2%, leading the S&P…