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Month: June 2019

Nike stock drops after Q4 earnings miss estimates; revenue up 4%

Sneaker giant Nike, Inc. (NYSE: NKE) reported weaker-than-expected earnings for the fourth quarter, hurt mainly by higher expenses and tax…

Smart Global stock plunges further post Q3 results

Smart Global Holdings (NASDAQ: SGH) reported an 81% dip in adjusted earnings to 34 cents per share for the third…

Chinese mobile internet firm Cheetah Mobile dips to record low

Cheetah Mobile (NYSE: CMCM) stock plunged to a record low of $3.43 on Thursday as investors remained concerned about the…

Ford announces restructuring in Europe with job cuts and factory closures

Ford Motor Company (NYSE: F) has announced a new restructuring plan in Europe in order to improve efficiency and profitability,…

Boeing stock falls after regulators detect new software glitch in 737 Max

The fallout of the 737 Max debacle is creating more problems for Boeing (NYSE: BA) even as efforts are being…

Conagra Q4 profit jumps 82% but misses estimates, cuts FY20 profit view

Conagra Brands (NYSE: CAG) reported an 82% surge in earnings for the fourth quarter of 2019 helped by lower expenses…

Walgreens’ Q3 results beat estimates

Walgreens Boots Alliance Inc. (NASDAQ: WBA) topped analysts’ forecasts on both revenue and earnings for the third quarter of 2019.…

Accenture beats the market in Q3, raises guidance

Accenture (NYSE: ACN) reported a 4% increase in revenues in the third quarter of 2019 to $11.1 billion, surpassing the Wall Street…

comScore stock plunges to a record low

comScore Inc. (NASDAQ: SCOR) stock plunged to a record low of $5.30 on Wednesday after securing a big private placement…

Pier 1 Imports posts wider-than-expected Q1 2020 loss

Pier 1 Imports Inc. (NYSE: PIR) reported a wider loss in the first quarter of 2020 due to the recently…