Month: February 2019
Palo Alto reports stellar Q2 results, unveils $1 billion share repurchase plan
Palo Alto Networks (NYSE: PANW) reported better-than-expected Q2 earnings continuing the strong momentum from the last quarter. The board also…
Earnings Preview: Global sales might save Budweiser maker AB InBev in Q4 from US slump
International beer giant Anheuser-Busch InBev SA (BUD), better known as AB InBev, is scheduled to post its fourth-quarter 2018 results…
Caterpillar stock sinks after double downgrade by UBS, citing construction slump
The current slowdown in building activity across major markets, amid softening economic growth, is taking a toll on the construction…
Cracker Barrel stock in red despite Q2 earnings beat
Shares of the Cracker Barrel Old Country Store (Nasdaq: CBRL) were down about 2% after the markets opened primarily due…
Aurora Cannabis to start production in Portugal
In line with its strategy to achieve an early-mover advantage in as many new markets as possible, Canadian marijuana giant…
Bank of Nova Scotia lifts dividend; Q1 earnings slip amid market volatility
Reflecting the volatile market conditions, Bank of Nova Scotia (BNS) Tuesday reported a decline in its first-quarter earnings which also…
Zynerba Pharmaceuticals stock soars on receiving US patent for its CBD gel to treat Fragile X syndrome
Cannabinoid therapeutics developer Zynerba Pharmaceuticals (ZYNE) received US patent named “Treatment of Fragile X Syndrome with Cannabidiol”. Shares of Zynerba soared…
Macy’s Q4 profit drops 45% but beats estimates
Department store giant Macy’s Inc (M) reported a 45% dip in earnings for the fourth quarter hurt by a lackluster…
J. M. Smucker Q3 profit dips 85% but beats estimates
J. M. Smucker Company (SJM) reported an 85% dip in earnings for the third quarter due to the inclusion of…