Month: April 2019
Under Armour (UAA) stock drops after survey warns of weakening shoe sales
The continuing slowdown in sales in the local market seems to be taking a toll on Under Armour (NYSE: UAA),…
Levi Strauss swings to profit in Q1
Denim firm Levi Strauss (NYSE: LEVI) swung to profit in the first quarter of fiscal 2019 from a loss last…
Disney (DIS) stock gains after analyst turns bullish on streaming service, Star Wars
Thriving on the positive sentiment that followed the acquisition of Fox’s (Nasdaq: FOXA) assets recently, Walt Disney Company (NYSE: DIS)…
Marijuana vs US: Will Aurora Cannabis survive in the banned market?
In the US, marijuana has been slowly turning to be legal in certain states but it still remained banned at…
Novartis (NVS) stock falls after Alcon spin-off; predicts stable growth ahead
Nearly a year after laying out its transformation strategy, with focus on demerging underperforming business units, Novartis (NYSE: NVS) Tuesday…
Earnings Preview: JPMorgan to report Q1 results amidst tough macros
Banking giant JPMorgan Chase (JPM) would kick start the earnings season for the first quarter this Friday. In addition, the…
Earnings preview: Rite Aid stock drops ahead of Q4 earnings
April quarter’s earnings season will start this week with quarterly reporting of Levi Strauss (LEVI) on Tuesday, Bed Bath &…
Viveve Medical stock plunges to 9-year low
Viveve Medical Inc. (NASDAQ: VIVE) stock plunged to a 9-year low of $0.58 on Monday. Investors were concerned about the…
Pinterest sets IPO price below recent valuation
Joining the new wave of tech startups seeking to enter the stock market, social media company Pinterest on Monday moved…
Costco Wholesale stock likely to be steady gainer, hits 33-year high
Costco Wholesale Corporation (NASDAQ: COST) stock soared to a 33-year high of $247.09 on Friday. In recent years, the stock…