Surge in crude oil prices may spark a recession
A strong demand has been driving crude oil prices higher since last August, and many economists fear this could spark an economic recession in near…
A strong demand has been driving crude oil prices higher since last August, and many economists fear this could spark an economic recession in near…
Target Corporation (TGT) posted a 3.4% rise in total revenues to $16.8 billion for the first quarter of 2018 helped by a 3.5% sales growth.…
Lowe’s (LOW) today reported lower-than-expected Q1 earnings, sending its shares down as much as 8% during the pre-market trading. The Mooresville, North Carolina-based company reported…
Intuit (INTU) reported better-than-expected results for the third quarter, beating analyst estimates on both revenue and earnings front. Revenues climbed by 15% to almost $2.93…
Urban Outfitters (URBN), which had a dream run over the past year, reported another quarter of earnings and sales numbers surpassing consensus estimates. Revenue came…
Information technology company Hewlett Packard Enterprise (HPE) turned to profit in the second quarter of 2018 from a loss last year. The company’s adjusted earnings…
Troubled department store chain JC Penney (JCP) suffered yet another setback after Chairman and CEO Marvin Ellison stepped down amidst mounting losses and debt. It…
Car parts retailer Advance Auto Parts (AAP) shares dipped 3% during the morning session after the company’s revenue failed to meet analysts’ expectations. Revenues came…
The U.S. and China are said to be nearing a deal that could see the removal of the restrictions imposed on Chinese firm ZTE Corp.…
In a deal that augments its fast-growing entertainment portfolio, Sony Corp. (SNE) has added to its fold an array of popular labels including songs by…