Month: November 2018
CVS-Aetna merger promises a new dawn for healthcare sector
The healthcare sector this week witnessed the coming together of two leading players, under a merger deal that stands out…
2018 was the year of healthcare IPOs. Here is why
There were quite a few blockbuster IPOs this year, mostly by tech firms, including Spotify (SPOT), Dropbox (DBX), Elastic (ESTC)…
Abercrombie & Fitch’s stock jumps 21% on Q3 results beat
Abercrombie & Fitch Co.’s (ANF) shares soared 21% in premarket trade on Thursday after the company surpassed market expectations on…
Dollar Tree third-quarter earnings beat estimates despite tariff concerns
Dollar Tree (DLTR) posted third-quarter results on Nov 29, Thursday, before the opening bell. For the period, revenue grew 4.2%…
Microsoft wins US Army contract to supply HoloLens
The U.S. Army on Wednesday announced Microsoft Corp (MSFT) won a $479.2 million contract for the supply of HoloLens. The…
Guess? stock dips on weak Q3 results, guidance
Guess? Inc. (GES) reported a wider loss in the third quarter due to charges related to the estimated European Commission…
Tilly’s Q3 earnings beat; stock falls on sales miss, weak guidance
Earnings of Tilly’s Inc. (TLYS) declined in the third quarter, hurt by a 4% drop in sales, but came in…
Box Inc (NYSE: BOX) beats Q3 estimates, lifts FY19 outlook
Box Inc’s (NYSE: BOX) third quarter 2019 results beat analysts’ views. The company posted a loss of 6 cents per…
Workday (Nasdaq: WDAY) likely to reflect the cloud stocks’ positive momentum in Q3
Enterprise cloud applications provider Workday (WDAY) is set to deliver its third quarter 2019 financial results after market close on…
GM faces multiple battles over its planned restructuring
General Motors Company (GM) announced on Monday that it was closing several of its facilities in North America and eliminating…