Mother sinks as son gains: Today’s bittersweet stock saga
The stock markets often spring up some intriguing storylines. And as markets opened on Wednesday, investors were treated with a bittersweet one. Shares of the…
The stock markets often spring up some intriguing storylines. And as markets opened on Wednesday, investors were treated with a bittersweet one. Shares of the…
Acuity Brands Inc. (AYI) reported better-than-expected sales and earnings for the first quarter of 2019, sending the stock up over 3.3% during morning trade on…
Constellation Brands Inc. (STZ) reported a 38% dip in earnings for the third quarter due to a loss from unconsolidated investments. The results exceeded analysts’…
Oklahoma City-based Chesapeake Energy Corp (CHK) on Wednesday announced some preliminary results of its fourth quarter of 2018. The energy explorer estimates 2018 fourth quarter…
Helped by a 9% increase in the average sales price of homes, Lennar Corp (LEN) reported fourth-quarter earnings that surpassed analysts’ estimate. The company reported…
With oil and natural gas prices slumping, Antero Resources Corp (AR) cut its 2019 drilling and completion budget. On a standalone basis, it now sees…
The uncertainty over the fate of embattled retailer Sears Holdings (SHLD) eased slightly Tuesday after a bankruptcy judge allowed hedge fund ESL Investments, owned by…
Smart Global Holdings (SGH) reported a 48% jump in earnings for the first quarter helped by the strength in its Specialty Memory business. The top…
Amazon.com Inc. (AMZN) took Microsoft’s (MSFT) place as the most valuable public company in the US on Monday. Amazon, with a market value of $790…
Facebook (FB) got a new lease of life this week after JPMorgn came up with an exceptionally bullish outlook on the company. Defying the negative…