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Month: October 2019

Strong pipeline and innovation make Novartis a sure bet, despite setbacks

The uncertainties surrounding drug development and intense competition are the primary challenges facing pharmaceutical companies, which also prompt investors to…

Online brokers sink for the second day amid commission-free trades

Shares of online brokers plunged for the second consecutive day after the end of commissions for trading by major brokerage…

Bed Bath & Beyond tops Q2 earnings views

Bed Bath & Beyond’s (NASDAQ: BBBY) Q2 earnings surpassed analysts’ estimates, while sales fell short of the expectations. The home…

Monster Beverage could get hurt by Coca-Cola’s energy drink

Shares of Monster Beverage Corp. (NASDAQ: MNST) stayed in negative territory during midday trade on Wednesday after Guggenheim downgraded the…

A long-term relationship with airline stocks may not end well. Here’s why

When it comes to investing, long-term relationships have many benefits. Higher holding periods tend to make stocks more balanced, with…

Paychex Q1 profit rises 8%, beats estimates

Paychex Inc. (NASDAQ: PAYX) reported an 8% increase in earnings for the first quarter of 2020 helped by client base…

Acuity Brands Q4 earnings rise but miss estimates; sales down 12%

Acuity Brands (NYSE: AYI), a leading provider of lighting solutions, reported an increase in its fourth-quarter adjusted earnings, despite a…

Lennar’s Q3 results beat expectations

Lennar Corporation (NYSE: LEN) beat revenue and earnings estimates for the third quarter of 2019, allowing shares to gain 3%…

What to expect from Costco Wholesale Q4 earnings

Costco Wholesale Corporation (NASDAQ: COST) is set to release its fourth-quarter earnings results on Thursday after the market closes. The…

Earnings: United Natural Foods stock tanks after Q4 results miss Street view

United Natural Foods (NYSE: UNFI) reported a sharp fall in its fourth-quarter earnings, despite strong revenue growth. The bottom line…