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Earnings preview: Jabil needs to undo the declines

Electronics manufacturing company Jabil Inc (JBL) is scheduled to report first-quarter earnings on Tuesday, December 18, after the closing bell.…

Earnings preview: Dining to pay-off for Darden in Q2

Darden Restaurants Inc. (DRI) is set to report its earnings for the second quarter on Tuesday before the market opens.…

A look at sales trends and forecasts in the US automobile industry

A report by the National Automobile Dealers Association (NADA) has forecasted that the sales of new cars and light trucks…

Companies reporting earnings this week: Dec 17 – 21

A slew of major companies are reporting earnings this week. Open-source software company Red Hat (RHT) will announce third-quarter earnings…

Goldman downgrade is a call for Walgreens to revisit biz strategy

Shares of pharmacy store chain Walgreens Boots Alliance Inc. (WBA) dropped sharply Friday after they were downgraded by Goldman Sachs,…

Earnings preview: Weak cloud to hurt Oracle Q2 results

Oracle (ORCL) is scheduled to release its earnings for the second quarter on Monday after the bell. The top line…

Earnings Preview: IBM deal in focus as Red Hat gears up for Q3 report

The upcoming earnings announcement of Red Hat (RHT) will be one of the most closely-watched events, with investors looking for…

Johnson & Johnson: Key points on the asbestos report and stock slide

Johnson & Johnson’s (JNJ) stock fell over 8% in intraday trade on Friday after Reuters published a report stating that…

Merck strengthens animal health division with $2.4-bln Antelliq buyout

Taking a cue from the growing demand for animal care products, healthcare service providers and pharma companies are enhancing their…

Starbucks lays out growth plans for key markets

Starbucks (SBUX) laid out a number of growth strategies for two of its key markets, US and China, at its…