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Month: September 2020

Accenture (ACN) drops 7% after missing Q4 estimates and weak guidance

Business consulting services provider Accenture (NYSE: ACN) reported its fourth quarter and fiscal 2020 earnings last Thursday. Accenture’s failure to…

Major earnings conferences to watch for the week of Sept. 28

Stock markets shifted to recovery mode as the week came to a close, with the major indices closing higher after…

Will cost pressure prevent Costco (COST) from repeating Q4 success?

There were not many surprises when Costco Wholesale Corporation (NASDAQ: COST) released its latest financial report this week because the…

Harley-Davidson’s (HOG) Rewire strategy leads it away from India

Harley-Davidson Inc. (NYSE: HOG) has announced its exit from India as part of its restructuring efforts under its Rewire strategy.…

SPI Energy (SPI) plunges after skyrocketing more than 1200% on Wednesday

Renewable energy companies have been gaining attraction in the market due to the strong potential they have. Many countries are…

Costco (COST) Q4 earnings, revenue top expectations

Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the fourth quarter of 2020, reflecting a…

Can Cintas (CTAS) take forward virus-driven shift in sales trend?

The disruption caused by coronavirus has affected almost all sectors except business service providers like Cintas Corporation (NASDAQ: CTAS), which…

General Mills (GIS) focuses efforts on maximizing ‘stickiness’ of demand

Shares of General Mills (NYSE: GIS) were up 1.7% in afternoon hours on Thursday. The stock has gained over 9%…

Boomer Naturals: Hitting the bull’s eye during the pandemic

So far this year, we have witnessed how companies have adapted to the new normal of the pandemic lifestyle to…

Rite Aid’s (RAD) loss narrows in Q2 2021

Rite Aid Corporation (NYSE: RAD) reported a narrower loss in the second quarter of 2021. Net loss shrank to $0.25…