Market News
Earnings: Red Robin Q2 profit more than doubles despite lower revenues
Fast-food chain Red Robin Gourmet Burgers (NASDAQ: RRGB) reported a marked increase in its second-quarter adjusted earnings, despite a decline…
Hibbett Sports posts narrower-than-expected loss in Q2
Hibbett Sports (NASDAQ: HIBB) reported a wider loss in the second quarter of 2020 due to higher costs and expenses…
Gap Q2 sales miss estimates, cuts earnings outlook
Gap Inc. (NYSE: GPS) continued its disappointing performance from the Q1 period. For the Q2 period, adjusted earnings topped estimates,…
Overstock CEO Patrick Byrne steps down; stock gains
Patrick Byrne, CEO of online retailer Overstock.com (NASDAQ: OTSK) who stirred controversy recently after commenting on his involvement in an…
Splunk beats Q2 earnings estimate by 18 cents
Software company Splunk (NASDAQ: SPLK) on Wednesday said its revenues rose 33% in the second quarter to $517 million, driven…
Existing home sales rise to 5-month high in July, backed by low interest rates
Existing home sales rebounded in July after declining in the previous month as buyers sought to take advantage of the…