Uber: A global ride-hailing service on paper
Uber is the most widely expanded ride-hailing service in the world. And yet, despite its omnipresence, the company seems to…
Why it pays to put your money in digital payment stocks
The shares of Mastercard (MA) and Visa (V) have witnessed an almost similar trading pattern over the years, all along…
Earnings Preview: Red Hat poised to deliver earnings growth for Q2
Red Hat Inc. (RHT) is scheduled to report second quarter 2019 earnings on September 19 after the market hours. The…
Earnings Preview: Will Darden’s Q1 à la carte please investors?
Darden Restaurants Inc. (DRI) is just two days shy of releasing its first-quarter results before the market opens. Analysts expect…
General Mills Q1 earnings beat; stock falls on sales miss
Earnings of consumer food company General Mills (GIS) declined in the first quarter, but to a lower extent than predicted…
AutoZone stock dives after sales miss estimates
AutoZone Inc. (AZO) beat analysts’ expectations on earnings for the fourth quarter of 2018 but sales missed market consensus causing…
What is happening in the IPO market?
The IPO market is abuzz as usual, with many companies inching closer to public listing, while a few have backtracked…
FedEx misses Q1 profit estimates, stock slides
FedEx (FDX) reported a 40% jump in earnings for the first quarter helped by higher volumes, increased yields and a…
Coca-Cola may soon roll out marijuana-based drinks
It seems cannabis is taking the beverages industry by storm, with more alcohol and soft drink companies shifting their focus…
Hurricane Florence might not dent insurance industry as expected
While Hurricane Florence continues to batter the East Coast, latest updates suggest it might not hurt insurance firms as expected.…