Month: July 2019
Lindsay Q3 profit dips 72%, misses estimates
Lindsay Corporation (NYSE: LNN) reported a 72% dip in earnings for the third quarter of fiscal 2019 due to lower…
PepsiCo edges past market estimates in Q2
Beverage giant PepsiCo (NASDAQ: PEP) on Tuesday reported second-quarter earnings and revenues that topped earnings estimates. Revenues grew 2.2% to…
Why Costco Wholesale stock soared to a record high
Costco Wholesale Corporation (NASDAQ: COST) stock soared to a record high of $269.69 on Monday as market analysts believe its…
Renewing turnaround hopes, HSBC ropes in Citi veteran Michael Roberts as US head
HSBC Bank (NYES: HSBC) has been revamping its US business for a long time, to come out of the overall…
Has Roku run out of its firepower? Not necessarily
With over 190% growth so far this year, streaming company Roku (NASDAQ: ROKU) has been one of the best-performing stocks…
Cisco-rival Dynatrace files IPO prospectus, to list on NYSE
Software company Dynatrace Holdings LLC looks to go public by raising $300 million in an initial public offering. The company…
Apple’s stock drops on analyst downgrade and bleak iPhone outlook
Apple Inc.’s (NYSE: AAPL) shares were down by 2.1% in midday trade on Monday after Rosenblatt Securities downgraded the stock…
Verizon slips after Citi downgrades stock citing wireless pricing headwinds
Shares of Verizon (NYSE: VZ), the second largest telecom company in the US, declined early Monday after Citi downgraded the…
What to expect from PriceSmart Q3 2019 earnings?
PriceSmart Inc. (NASDAQ: PSMT) is scheduled to report its earnings results for the third quarter of 2019 on Wednesday after…