Month: January 2019
Delta stock falls sharply after disappointing revenue outlook
The unimpressive revenue guidance issued by Delta Air Lines (DAL) Thursday and the negative market reaction to the report reflect…
Landec posts wider-than-expected loss in Q2
Landec Corporation (LNDC) slipped to a loss in the second quarter from a profit last year, due to acquisition-related expenses,…
Flexion Therapeutics plunges after reporting preliminary Q4 financial results
Flexion Therapeutics (Nasdaq: FLXN) reported its preliminary fourth quarter earnings results after the bell today. The biopharmaceutical company’s Q4 revenue is expected…
Resources Connection stock gains sharply after Q2 earnings beat
Shares of Resources Connection (RECN), a provider of diversified consulting services, gained significantly Thursday after the company reported stronger than…
Johnson & Johnson dips on revenue decline in India
Johnson & Johnson (JNJ) shares fell 1% on Thursday after the company reported a 3% sales dip in India in…
Fiat Chrysler sees best US retail sales in 17 years, with Jeep and Dodge breaking sales records
FCA US LLC, the US wing of Fiat Chrysler Automobiles N.V., on Thursday posted retail sales of 2018 — the…
Competition and trade war may shatter Starbucks’ China dream
Starbucks’ (SBUX) reputation as the undisputed leader in the caffeinated beverage market was challenged in recent years due to the…
General Motors shares tumble on Q4 sales decline
Shares of General Motors (GM) fell over 2% on Thursday after the automaker said its sales fell 2.7% in the…
MGM Resorts announce restructuring plan to cut costs
MGM Resorts International (NYSE: MGM) on Thursday announced its plan to reduce costs, with it becoming imperative for the S&P500…
2019 might be good for derivatives after a record-breaking 2018 for CME Group
Derivatives marketplace CME Group (CME) on Thursday posted an 18% hike in 2018 average daily volume as it hit a…