Month: March 2019
Under investor pressure, eBay commits to review of non-core businesses
Responding to the demand by activist investors to bring discipline to its operations, eBay (EBAY) has announced fresh initiatives under…
Major earnings to watch next week
A slew of major companies are reporting earnings for the week from March 4 till March 8. Cloud enterprise software…
RAM vehicles struggle to save falling Fiat Chrysler US sales in February
International automaker Fiat Chrysler is looking at another difficult time in the United States of America after all brands except…
Tesla’s stock hurt by Model 3 pricing and store closure revelations
Tesla Inc.’s (TSLA) shares were down over 5% in morning hours on Friday, a day after the company announced its…
Optimism at record high as Salesforce heads towards Q4 earnings
If there is one tech stock that has bucked industry-wide weaknesses and snubbed tightening competition, its undeniably Salesforce (CRM). On…
Portola Pharmaceuticals rises on strong Q4 earnings
Shares of Portola Pharmaceuticals (PTLA) gained 5.6% during pre-market trading on Friday, after the company posted a loss of $1.04…
Tribune Media Q4 profit dips 60% but beats estimates
Tribune Media Company (NYSE: TRCO) reported a 60% dip in earnings for the fourth quarter of 2018 due to an…
Foot Locker’s shares jump 13% after Q4 results top estimates
Foot Locker Inc. (FL) surpassed market estimates on both revenue and earnings for the fourth quarter of 2018, sending the…