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New home sales take a beating from high mortgage rates, bad weather

Ripples of the lackluster activity witnessed in the housing sector during the final weeks of last year are yet to…

Macy’s Inc: Q4 2017 Earnings Snapshot

Retailer Macy’s reported strong results for the final quarter of 2017, thanks to the strong holiday sales. Macy’s shares surged…

Market: US stocks to open lower; all eyes on Powell

US futures are pointing to a lower open in the stock market today after ending higher on Monday. Investors are…

General Electric restates earnings for 2016 and 2017

General Electric, the worst performing Dow component last year, just dropped another bombshell indicating that the worst is yet not…

Fitbit steps up to a better position but fails to impress the market

Fitbit, back to grab the wearable crown from the likes of Apple and Samsung, was in very good shape last…

Fitbit Inc: Q4 2017 Earnings Snapshot

Leading wearables maker Fitbit (FIT) reported flat fourth quarter revenues of $571 million vs. prior year period. On a GAAP…

Qualcomm softens stance on merger bid by Broadcom ahead of board meeting

Broadcom’s unsolicited bid to buy rival Qualcomm has been plagued with uncertainties ever since the proposal was made. The deal…

Netflix customers will stay loyal despite price hike, finds survey

Gone are those days when people used to bicker over price hikes of products and services, at pubs or gatherings.…

No playtime for Toys R Us, shuts 200 more stores

What used to be your favorite childhood haunt is going through some slippery time. Toys R Us, a name synonymous…

$190 refund for Citi credit card customers

Attention Citibank credit card holders – some of you lucky ones are going to get around $190 refunded! The New…