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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…

Foot Locker’s Q2 results miss expectations

Foot Locker Inc. (NYSE: FL) missed revenue and earnings estimates for the second quarter of 2019, sending shares tumbling over…

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…

VMware beats Q2 FY20 estimates; to acquire Pivotal Software and Carbon Black

VMware (NYSE: VMW) second quarter 2020 earnings and revenue surpassed both analysts estimates and the company’s projection for the quarter.…

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,…

Bilibili likely to report weak Q2 earnings on Aug 26

Bilibili Inc. (NASDAQ: BILI) is set to report its second-quarter earnings results on Monday, August 26 after the market closes.…

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…

Pure Storage stock plunges on weak outlook

Pure Storage (NYSE: PSTG) stock dwindled above 2% after the bell as the sales outlook for the Q3 and full-year…

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…