Month: February 2019
Amazon invests in self-driving startup Aurora amid efforts to cut delivery cost
Amazon (AMZN) has been deepening its presence in the transportation sector, after launching its own logistics service last year in a…
Expedia Group Q4 profit dips 69% but beats estimates
Expedia Group (EXPE) reported a 69% dip in earnings for the fourth quarter due to an increase in costs and…
Skechers stock jumps 13% after beating Q4 earnings estimate by 8 cents
Shoemaker Skechers (SKX) Thursday reported fourth-quarter revenue of $1.08 billion, up 11.4% year-over-year, helped by an 18.4% increase in the international…
Will the BB&T-SunTrust merger pave the way for more deals?
BB&T Corporation (BBT) and SunTrust Banks Inc. (STI) have agreed to join together in an all-stock merger of equals valued…
ImmunoGen Q4 Earnings Preview: All eyes on FORWARD trial update
ImmunoGen (NASDAQ: IMGN) is slated to report its fourth quarter 2018 results tomorrow before the bell. The most anticipated update…
Marathon Petroleum Q4 profit dips 53% but beats estimates
Marathon Petroleum Corp. (MPC) reported a 53% dip in earnings for the fourth quarter hurt by costs from the purchase…
Fiat Chrysler Q4 profit jumps; stock falls on disappointing guidance
Fiat Chrysler Automobiles (FCAU) Thursday reported higher earnings and revenues for the fourth quarter, reflecting the stable demand for its…
GrubHub slips to loss in Q4, misses estimates
GrubHub Inc. (GRUB) slipped to a loss in the fourth quarter from a profit last year, due to higher costs…
Tyson Foods reports mixed Q1 results, stock falls
Tyson Foods (TSN) reported mixed results for the first quarter of 2019 in which earnings surpassed estimates, while revenue failed…
Kellogg’s stock drops 4% despite Q4 earnings beat
Kellogg Company (K) beat market expectations on earnings for the fourth quarter of 2018 while revenue came in line with…