Month: December 2018
Vail Resorts posts wider loss in Q1
Vail Resorts Inc. (MTN) reported a wider loss in the first quarter due to the effect of acquisition and integration…
Big Lots’ shares tank 13% over bigger-than-expected Q3 loss and guidance cut
Big Lots Inc.’s (BIG) shares crashed over 13% during premarket hours on Friday after the company reported a wider-than-expected loss…
California professor uses AI to detect fake news
A professor at the University of California has developed an algorithm to detect fake news with 75% accuracy. In our…
Broadcom stock jumps after Q4 results crush estimates
A further strong growth in demand across all the main business segments lifted Broadcom’s (AVGO) fourth-quarter earnings and revenues. Shares…
American Outdoor Brands (AOBC) beats Q2 targets, stock surges
Smith & Wesson gunmaker American Outdoor Brands (Nasdaq: AOBC) reported second-quarter earnings results. For the three-month period, the gunmaker’s adjusted EPS jumped…
Lululemon Athletica Q3 profit jumps 60%, beats estimates
Athletic apparel retailer Lululemon Athletica (LULU) reported a 60% jump in earnings for its third quarter helped by an increase…
United Natural Foods’ stock dwindles on Q1 earnings miss
United Natural Foods (Nasdaq: UNFI) was down 4% in the after-market session after its Q1 earnings fail to beat analyst…
Disney+ already looking like a formidable rival to Netflix
Last month, Disney (DIS) CEO Bob Iger announced that its streaming service will be called Disney+ and that it will…
Fresh hope for Sears after chairman Eddie Lampert makes buyout offer
It surprised many when Eddie Lampert, chairman of embattled retailer Sears (SHLD), Thursday came up with a fresh offer to…