Month: January 2019
Roku stock gains sharply, buoyed by robust user growth in Q4
Shares of TV-streaming service Roku, Inc. (ROKU) rose sharply Monday after the management released its bullish estimate for the fourth…
Earnings preview: Constellation Brands to outperform in Q3
Constellation Brands Inc. (STZ) is scheduled to report earnings results for the third quarter on Wednesday before the bell. Investors…
Activist investor wants changes at Dollar Tree, including sale of Family Dollar
Hedge fund Starboard Value LP has taken a 1.7% stake, valued at around $370 million, in Dollar Tree Inc. (DLTR)…
Apple seeks to tide over iPhone rout through media tie-up with Samsung
It is true that in a rapidly evolving business world there are no permanent friends and enemies. After fighting a…
GE’s stock gets a lift on reports of Apollo’s interest in GECAS
General Electric’s (GE) stock got a good boost today after Bloomberg reported that private equity group Apollo Global Management is…
Pricing, cost reduction crucial for Plug Power to maintain uptrend in Q4
Plug Power Inc. (PLUG) will be holding a conference call on Wednesday to discuss preliminary results for the fourth quarter…
Bucking the bearish beverage trends – Dirty Lemon
Once in a while there comes a company that successfully blurs the boundary between two industries. Be it Tesla (TSLA)…
Bed Bath and Beyond Earnings Preview: Costs to dent profits in Q3
Things don’t look promising for the home décor retailer Bed Bath and Beyond (BBBY) which is scheduled to report its…
Axsome Therapeutics almost doubles on positive outcome from Alzheimer’s disease trial
Clinical stage biopharmaceutical company Axsome Therapeutics (AXSM) announces positive outcome for ADVANCE-1 trial associated with the treatment of Alzheimer’s disease. Shares of…
In a massive deal, Eli Lilly acquires Loxo Oncology
Eli Lilly and Company (LLY) on Monday announced that it would acquire a small biopharmaceutical startup that develops cancer treatment,…