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Jabil Circuit Q4 earnings top estimates; stock gains

Jabil Circuit Inc. (JBL) reported a moderate increase in earnings for the fourth quarter when revenues gained sharply helped by…

FactSet slips after Q4 results miss estimates

FactSet (FDS) reported fourth quarter 2018 results which, despite seeing growth, missed market expectations sending the stock down 5% during…

Data alliance of tech giants sets the tone for new cloud culture

It may sound contradicting that enterprises across the world are moving their sensitive business data to cloud, at the same…

Danaos stock dips on weak Q2 results

Danaos Corp. (DAC) reported a 71% dip in earnings for the second quarter due to an increase in refinancing-related professional…

Ascena Q4 results crush street view; stock surges

Benefiting from strong demand growth across the board, especially for the LOFT brand, Ascena Retail (ASNA) turned to profit in…

General Electric loses power to hot 9-year low

General Electric (GE) stock opened lower on Monday and went on to touch a new yearly low of $11.60, which…

Preview: Nike to report first earnings since Kaepernick backlash

Only about a month ago, on Labor Day, Nike (NKE) launched an ad campaign featuring controversial quarterback Colin Kaepernick, as…

Michael Kors to continue shopping spree with Versace, after Jimmy Choo

Luxury handbag retailer Michael Kors (KORS) is reportedly looking to acquire Italian luxury brand Versace for around $2 billion. There…

Amarin shares pump up on positive results from cardiovascular study

Amarin Corporation (AMRN) announced positive results from a clinical study in which Vascepa, an EPA drug, was used to treat…

Comcast gets ready to welcome Sky into the family

Bringing a long-drawn saga almost to an end, Comcast Corp. (CMCSA) outbid 21st Century Fox (FOXA) for the ownership of…