Month: November 2018
Logitech drops plans to acquire Plantronics
Logitech International SA (LOGI) dropped its plans to acquire Plantronics Inc. (PLT) over price issues, according to a report by…
Goldman Sachs sees good time for commodities post G20 summit
According to Goldman Sachs, oil, gas and base commodities will position themselves as attractive investments as it forecasted a 17%…
Diana Shipping stock rises on upbeat Q3 earnings
Greek bulk carrier Diana Shipping Inc. (DSX) turned last year’s deficit into a profit in the third quarter as higher…
JinkoSolar Q3 2018 earnings fall short of market expectations
Chinese solar giant JinkoSolar (JKS) saw third-quarter revenue grow 4.3% to $974.8 million, pushing net profit to $27.5 million or…
Earnings Preview: Salesforce to stay high in Q3 on cloud power
A research report recently revealed that Salesforce (CRM) has been consistently outperforming its peers in the cloud business, and has found…
Snap needs to win back users fast for its own sake
Snap Inc. (SNAP) reported its third quarter 2018 results almost a month ago, in which the company managed to narrow…
Companies reporting earnings this week: Nov 26 – 30
A slew of major companies are reporting earnings this week. Cloud computing company Salesforce.com (CRM) will announce third-quarter earnings on…
Earnings preview: Weak outlook makes Dick’s Sporting a risky bet ahead of Q3 report
Dick’s Sporting Goods (DKS) is probably heading for a weak holiday season, with sales being dragged by softening demand for…
Thanksgiving turned out quite busy at Tesla
It appears that quite a lot happened at Tesla (TSLA) during the holiday week. The company decided to slash the…
Mastercard, Visa slip after decision to cut controversial fees in EU
Every year, retail merchants witness a sharp increase in the number of electronic transactions during holiday shopping, a trend that…