Month: December 2018
Goldman downgrade is a call for Walgreens to revisit biz strategy
Shares of pharmacy store chain Walgreens Boots Alliance Inc. (WBA) dropped sharply Friday after they were downgraded by Goldman Sachs,…
Earnings preview: Weak cloud to hurt Oracle Q2 results
Oracle (ORCL) is scheduled to release its earnings for the second quarter on Monday after the bell. The top line…
Earnings Preview: IBM deal in focus as Red Hat gears up for Q3 report
The upcoming earnings announcement of Red Hat (RHT) will be one of the most closely-watched events, with investors looking for…
Johnson & Johnson: Key points on the asbestos report and stock slide
Johnson & Johnson’s (JNJ) stock fell over 8% in intraday trade on Friday after Reuters published a report stating that…
Merck strengthens animal health division with $2.4-bln Antelliq buyout
Taking a cue from the growing demand for animal care products, healthcare service providers and pharma companies are enhancing their…
Starbucks lays out growth plans for key markets
Starbucks (SBUX) laid out a number of growth strategies for two of its key markets, US and China, at its…
Adobe stock drops on Q4 earnings miss and weak guidance; revenues beat
Shares of Adobe Systems (ADBE) slipped Thursday after the software solutions provider reported weaker than expected earnings for the fourth quarter,…
Costco Q1 profit jumps 20% but misses estimates
Costco Wholesale Corporation (COST) reported a 20% jump in earnings for the first quarter helped by higher sales from stores…
Delta Air Lines stock falls despite 2019 initial guidance
Delta Air Lines (DAL) stock fell over 4% just an hour of market close on Thursday as investors were unsatisfied…
A look at some of SoftBank’s major investments
SoftBank Group Corp. is renowned for its lucrative portfolio of investments. Here are some of the major stakes picked up…