Month: December 2018
Ascena Retail Q1 profit dips 10.6% but beats estimates
Ascena Retail Group (ASNA), which owns brands such as Dressbarn, Maurices, and Justice, reported a 10.6% decline in earnings for…
Avid Bioservices Q2 loss narrows despite lower revenues; reaffirms outlook
Avid Bioservices (CDMO) reported a narrower net loss for the second quarter of 2019, helped by a sharp decline in…
Earnings preview: Costs to weigh on Dave & Buster’s Q3 results
Dave & Buster’s Entertainment (PLAY) is scheduled to post earnings results for the third quarter on Tuesday after the bell.…
Roadblock ahead as automakers bank on SUV boom to stay afloat
Sales of passenger cars dropped sharply in the US market last month, while shipments of SUVs and pickup trucks increased.…
Stitch Fix (SFIX) beats Q1 estimates, stock falls on weak guidance
Stitch Fix (SFIX) reported its first quarter 2019 results. Earnings of 10 cents per share and revenue of $366 million exceeded…
Earnings Preview: Comp sales could hurt Fred’s Q3 results
Fred’s Inc. (FRED) is scheduled to report earnings results for the third quarter of 2018 on Thursday, December 13. The…
US weapon makers top in the world; Defense stocks jump
Weapon sales at the top 100 arms producers in the world rose 2.5% in 2017 to $398.2 billion, according to…
SoftBank raises $23.5 billion in record IPO
SoftBank Group Corp. is looking to raise $23.5 billion from the initial public offering of its Japanese mobile unit, marking…
Verizon’s 10,400 employees leave the company as part of voluntary separation program
Telecom giant Verizon Communications (VZ) announced that about 10,400 employees had accepted to leave the company as part of its voluntary…
Earnings preview: Integrated circuits demand to drive Photronics Q4 results
Photronics (PLAB) is set to release its earnings for the fourth quarter on Wednesday before the bell. The electronics imaging…