Month: June 2019
FedEx slips to a loss in Q4 but beats estimates
FedEx Corporation (NYSE: FDX) slipped to a loss in the fourth quarter of 2019 from a profit last year, due…
Micron Q3 earnings fall but beat estimates; stock gains
Chipmaker Micron Technology (Nasdaq: MU) reported a sharp fall in revenues and profit for the third quarter, reflecting the continuing…
What the future holds for generic drug industry
The size of the generic drug market in the US is so large that about 90% of all prescription medicines…
Look out Tesla, BMW unveils electric motorcycle, car concept
BMW Group takes the EV competition seriously as the company unveiled an electric motorcycle concept and its Vision M Next…
Earnings preview: Walgreens unlikely to perform any miracle in Q3
Walgreens Boots Alliance (NASDAQ: WBA) is set to release its earnings results for the third quarter of 2019 on Thursday…
Earnings preview: Weed biz in focus as Constellation Brands gears up for Q1 report
The lackluster financial performance of Constellation Brands (NYSE: STZ) in the recent quarters has raised speculations about the investment made…
M&A alert: AbbVie agrees to acquire Allergan for $63 billion
Confirming reports published by Wall Street Journal earlier today, pharmaceutical giant Abbvie (NYSE: ABBV) said it would acquire Irish competitor…
Earnings preview: Pier 1 Imports unlikely to post strong Q1 2020 results
Pier 1 Imports Inc. (NYSE: PIR) is scheduled to report its earnings results for the first quarter of fiscal 2020…