Month: March 2019
United Natural Foods Q2 earnings and sales tops estimates
United Natural Foods (UNFI) second quarter 2019 earnings and sales figures beat analysts’ estimates sending the stock in the north…
Earnings preview: Weak holiday sales might weigh on Big Lots’ Q4 results
Big Lots (BIG) will be reporting its fourth-quarter results Friday before the opening bell. It is widely expected that the…
Investor asks L Brands to consider Victoria’s Secret spin-off or Bath & Body Works IPO
L Brands Inc. (LB) is facing pressure from one of its investors to overhaul its business and make changes to…
Aurora Cannabis dethrones Canopy Growth as Cowen’s top pot stock
Research firm Cowen on Tuesday named Aurora Cannabis (ACB) its top stock pick for the marijuana industry, replacing Canopy Growth…
HUD data revision points to weaker housing sector in the US
The US Department of Housing and Urban Development announced preliminary December home sales data on Tuesday, after being delayed by…
Papa John’s is in recovery mode after truce with estranged founder
Ending months of uncertainty, Papa John’s (PZZA) is finally coming out of the worst phase in its history, when the controversy…
Sina Q4 profit drops 64% but beats estimates
Chinese technology company Sina Corporation (SINA) reported a 64% plunge in earnings for the fourth quarter due to higher operating…
Hertz Global stock tumbles 13% as Carl Icahn cuts holding
Florida-based rental company Hertz Global (HTZ) saw its shares plunge 13% on Tuesday after it emerged that one of its primary…
Ciena’s stock surges on Q1 earnings beat
Ciena Corporation (NYSE: CIEN) reported solid results for the first quarter as the company’s diversification strategy continues to broaden its…