Month: December 2018
Despite uncertainties, cannabis firms emerge as top takeover targets
In all probability, 2019 will be the year of cannabis as far as Wall Street is concerned. After the beverages…
Earnings preview: Expenses likely to drown H&R Block to loss in Q2
Tax preparation company H&R Block (HRB) is set to release its earnings for the second quarter of fiscal 2019 on…
Smartsheet exceeds Q3 estimates, stock surges
Cloud-based solutions provider Smartsheet (SMAR) came out Q3 loss of 9 cents per share and revenue of $47 million, beating…
American Eagle set to ride high on brand power, comps in Q3
Supported by the strength of its popular apparel brands and stable comparable store sales, American Eagle Outfitters (AEO) is well-positioned…
Uber might acquire Bird or Lime
Uber Technologies is said to be considering an acquisition of either Bird or Lime, according to a report by The…
Broadcom Q4 2018 Earnings Preview: All eyes on tariffs
Chipmaking giant Broadcom Inc (AVGO) is scheduled to post its fourth-quarter earnings after market on Dec 6. The Street expects…
Earnings preview: Movado high on optimism in Q3
During the second quarter, Movado (MOV) had reported mixed results, with net sales improving 12% to beat estimates, even as…
Nexstar agrees to buy Tribune for $4.1 billion
Nexstar Media Group Inc. (NXST) agreed to acquire Tribune Media Group Inc. (TRCO) for $4.1 billion. The all-cash deal values…
Earnings Preview: Lululemon Athletica likely to post upbeat results for Q3
Athletic apparel retailer Lululemon Athletica (LULU) is set to report its earnings for the third quarter on Thursday after the…
Unfazed by trade war, Hewlett Packard Enterprise looks at a better Q4
Palo Alto, California-based Hewlett Packard Enterprise (HPE) is scheduled to post its fourth-quarter earnings after market on Dec 4. The…