Volkswagen to kill Beetle next year
The American unit of German carmaker Volkswagen has decided to stop the global production of its iconic Beetle in July…
Adobe Systems stock falls despite upbeat Q3 results
Adobe Systems (ADBE) reported a 59% jump in earnings for the third quarter as the fast-paced subscription growth, specifically Digital…
A bumpy ride for GM as steering malfunction triggers more recalls
General Motors (GM) is probably paying the price for not learning from past mistakes; what else could explain the recurring…
Google pushes Inbox app into the archives
Google (GOOGL) Inbox app is counting its days with the doomsday set for March 31, 2019. The tech giant is…
Facebook: A look at life after the F8 conference
Back in May, Facebook (FB) announced several plans at its F8 Facebook Developers conference. The company said it would bring…
Walmart gives Jet.com a new look to woo the urban youth
When Walmart (WMT) embarked on the transition to a full-fledged e-commerce retailer, apparently in response to the aggressive strategies of…
Fred’s Inc. misses Q2 revenue estimates; delivers net loss
Fred’s Inc. (FRED) missed market expectations on revenues for the second quarter of 2018. Net sales dropped 4.3% to $419.7…
Powered by cloud, Adobe is set for a repeat performance
Adobe Systems (ADBE) has a history of delivering positive earnings surprises, and the recent quarters were no exception. When the…
Kroger stock declines 9% on Q2 revenue miss
The Kroger Co. (KR) topped analysts’ expectations for Q2 earnings but slightly missed the mark on revenues. Identical-store sales, excluding…