Month: January 2019
Commercial Metals’ shares tank after Q1 earnings miss estimate
Commercial Metals Company (CMC) missed analysts’ expectations on earnings for the first quarter of 2019 while revenues came in line…
Despite headwinds sin stocks look solid in 2019
There is no denying the fact that the sin industry – comprising cannabis, tobacco, alcohol and gambling sectors – is…
Companies reporting earnings this week: Jan 7 – 11
A slew of major companies are reporting earnings this week. Electrical equipment maker AZZ Inc. (AZZ) will announce third-quarter earnings…
Will this new year be a good one for Apple?
2019 did not start on a happy note for Apple Inc. (AAPL). On Wednesday the company lowered its revenue guidance…
Rite Aid is looking for a prescription to avoid delisting
Shares of drugstore chain Rite Aid Corp. (RAD) which stood at $1 a month ago are struggling to return to…
Intel looks at a better year as rating upgrade fuels recovery
Shares of Intel (INTC) gained Friday after Bank of America Merrill Lynch raised its rating on the stock to buy…
Tesla fast-tracks China program with plans to start delivery in March
After making a noticeable impact on the American passenger vehicle market last year, Tesla (TSLA) seems to be taking forward…
Lamb Weston Q2 profit jumps 55%, beats estimates
Frozen foods supplier Lamb Weston Holdings (LW) reported a 55% jump in earnings for the second quarter of fiscal 2019…
RPM International’s stock plunges 8% after Q2 results miss expectations
RPM International Inc. (RPM) missed market estimates on revenue and earnings for the second quarter of 2019, sending shares plummeting…
AngioDynamics second-quarter results beat market estimates
AngioDynamics posted second-quarter earnings on Friday, Jan. 4. before trading hours. Net sales for the period inched 5.5% to $91.5 million,…