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Month: March 2019

Marvell’s stock slips due to weak outlook

Shares of the chipmaker Marvell Technology Group (NASDAQ: MRVL) were down 5% in the extended hours of trading after the…

Gun-maker American Outdoor Brands decimates estimates with Q3 earnings

Smith & Wesson gunmaker American Outdoor Brands (AOBC) posted its third-quarter 2019 results on Mar 7, post the closing bell. Quarterly…

International Game Technology shares tumble as Q4 earnings disappoint

International Game Technology (IGT) on Thursday saw its shares slide over 7% after reporting fourth-quarter earnings of 24 cents per…

Burlington Stores Q4 earnings beat; stock falls on revenue miss, guidance

Burlington Stores (BURL) reported a decline in fourth-quarter earnings, mainly owing to higher taxes, despite an increase in revenues. Earnings…

Kroger stock plunges on missing Q4 earnings and revenue estimates

The Kroger Co. (KR) reported Q4 earnings and revenues that missed analysts’ expectations. Earnings for the quarter dropped 11% year-over-year…

Trade war: Huawei launches offensive, suing the US government for ban

Global telecom hardware maker Huawei announced that it is suing the US Government, after it filed a lawsuit to challenge…

Plug Power reports earnings miss in Q4

Hydrogen fuel-cell maker Plug Power (PLUG) reported a 92% jump in fourth-quarter revenue to $59.8 billion, narrowly beating average analysts’…

American Eagle Outfitters stock drops after reporting mixed Q4 results

American Eagle Outfitters (AEO) bottom line surpassed analysts estimates for the fourth quarter, while revenue failed to meet the Street’s…

What are GE’s priorities for 2019?

General Electric’s (GE) shares were down 7.5% in mid-day trade on Wednesday, a day after J.P. Morgan analyst Stephen Tusa…

Tilray rides on successful cannabis harvest in Europe

Tilray’s (TLRY) stock made strong gains early Wednesday after the Canadian marijuana giant said its European arm had a very…