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Month: September 2019

Despite short-term concerns, Starbucks stock offers high returns

The coffee culture that permeates across America is becoming popular in other parts of the world also. To take the…

Will Zynerba Zygel trial be extended amid safety warning?

Zynerba Pharmaceuticals (NASDAQ: ZYNE) stock retreated on Wednesday after serious adverse events in phase 2 clinical trial of transdermal cannabidiol…

Beyond the ongoing strike, General Motors faces some serious headwinds

Even as the strike called by United Auto Workers union and participated by around 50,000 workers against General Motors (NYSE:…

Shopify could be the next Amazon – here’s why

Last month, the shares of e-commerce firm Shopify (NYSE: SHOP) reached a new peak at the New York Stock Exchange,…

General Mills tops estimates in Q1 but FY20 outlook falls short of consensus

General Mills (NYSE: GIS) reported a 33% jump in earnings for the first quarter helped by lower costs and expenses…

Will AMD stock continue to rally amid competition worries?

Advanced Micro Devices (NASDAQ: AMD) stock has risen over 73% in the year so far as the demands for chips…

Chewy beats Q2 revenue estimates but earnings miss expectations

Chewy Inc. (NYSE: CHWY) reported better-than-expected revenue for the second quarter of 2019 but missed earnings forecasts, causing the shares…

Adobe Q3 earnings beat on record revenues; stock dips on weak guidance

Revenues of Adobe, Inc. (NASDAQ: ADBE) increased sharply in the third quarter of 2019, benefiting from the stable demand for…

FedEx stock falls on Q1 earnings miss and lowered 2020 guidance

Logistics giant FedEx (NYSE: FDX) reported its first quarter 2020 earnings results that missed analysts’ views. The company also lowered…

Three companies that are haunted by multiple lawsuits

Several companies have battled lawsuits from time to time for various reasons. However, sometimes companies face thousands of lawsuits for…