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Adobe Q3 earnings beat on record revenues; stock dips on weak guidance

Revenues of Adobe, Inc. (NASDAQ: ADBE) increased sharply in the third quarter of 2019, benefiting from the stable demand for…

FedEx stock falls on Q1 earnings miss and lowered 2020 guidance

Logistics giant FedEx (NYSE: FDX) reported its first quarter 2020 earnings results that missed analysts’ views. The company also lowered…

WeWork IPO delay: Causes and impact

WeWork, which got rebranded as The We Company in 2019, has postponed its much-anticipated initial public offering with the completion…

Cracker Barrel ends fiscal 2019 with strong growth

Restaurant chain Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) on Tuesday reported a 2.9% decline in fourth-quarter sales to…

7 headwinds that could hamper Nio growth

China-based electric carmaker Nio Inc. (NYSE: NIO) stock has fallen over 68% in the past year due to softness in…

Lundbeck to acquire Alder BioPharmaceuticals for $1.95 billion; Alder stock hits new 52-week high

Denmark-based biopharma company Lundbeck announced today that it will acquire Alder BioPharmaceuticals (NASDAQ: ALDR) for $1.95 billion. Alder stock, which…

iPhone’s market share in China falls below 20%

For the past three months, iPhone sales have steadily fallen in China, and Apple (NASDAQ: AAPL) currently accounts for only…

Is Francesca’s Holdings heading towards bankruptcy?

Francesca’s Holdings Corporation (NASDAQ: FRAN) stock has soared over 360% in the past month and over 82% in the year…

SemGroup’s stock jumps on deal with Energy Transfer

SemGroup Corporation’s (NYSE: SEMG) shares were up 62% in midday trade on Monday after the company announced that it will…

Darden earnings preview: Olive Garden to drive growth in Q1

Darden Restaurants Inc. (NYSE: DRI) is scheduled to report first quarter 2020 earnings results on Thursday, September 19, before the…