Another Chinese e-commerce firm readies for US listing
Alibaba’s (BABA) dominance in the e-commerce space in China has lately been rattled by numerous domestic rivals, primarily Pinduoduo. While…
BJ’s Restaurants stock dines to yearly high ahead of Q2 results
BJ’s Restaurants (BJRI) stock skyrocketed to reach a new 52-week high of $63.70 on Wednesday. Like Darden Restaurants (DRI) reported…
Housing starts hit 9-month low as construction slump deepens
The construction sector, which is currently going through a challenging phase, has been the main drag on the economy since…
Walmart plans launch of video streaming service to compete with Netflix
Walmart Inc. (WMT) is planning to launch its own video streaming service to compete with streaming giant Netflix Inc. (NFLX)…
W.W. Grainger lifts forecast after upbeat Q2 results
W.W. Grainger (GWW) reported a 142% jump in earnings for the second quarter driven by higher sales, strong operating expense…
Abbott posts 17% sales growth for Q2; beats estimates
Healthcare giant Abbott Laboratories (ABT) reported its quarterly results for its second quarter of 2018 today before the opening bell.…
EU regulators ask Google to pay $5-billion fine for Android abuse
The ongoing crackdown against technology firms by various regulatory agencies, amidst concerns of data security and monopolization, indicates the tech…
Airline start-up led by JetBlue founder Neeleman orders 60 Airbus jets
Indicating the entry of one more airline company into the American aviation industry, European aircraft maker Airbus received a massive…