Hasbro’s Jenga tower gets toppled by Toys R Us, shares fall
Hasbro Inc. (HAS) reported a 16% decline in revenues to $716.3 million for the first quarter of 2018, due to…
Kimberly-Clark shares shine on strong Q1 earnings
Earnings of consumer goods manufacturer Kimberly-Clark (KMB) rose in the first quarter on higher sales, in line with expectations. Meanwhile,…
Crude oil slips after Trump blasts OPEC of higher prices
Crude oil tumbled on Friday after President Donald Trump blasted the OPEC on Twitter, accusing the consortium of artificially boosting…
Comcast shifts to expansion mode; joins hands with Charter
Days after setting off a bidding war, telecommunication conglomerate Comcast (CMCSA) joined hands with Charter Communications (CHTR) to spruce up…
Nothing’s looking ‘fine’ for Wells Fargo
Wells Fargo & Co. (WFC) was handed a fine of $1 billion in a case relating to malpractices in its…
Home Depot goes on a hiring spree to survive in the Amazon era
As Amazon (AMZN) continues its diversification spree – from grocery delivery to pharma – one area that remained relatively unharmed…
Schlumberger profits jump 88% in first quarter
Companies in the energy sector have started rolling out their earnings. And one of the big oilfield service providers Schlumberger…
After much reckoning, Apple may nix iPhone X by mid-year
The general response to iPhone X, which was launched with much fanfare last year, indicates the latest version of Apple’s…