Market News
HP Inc. stock climbs on Q2 earnings beat, strong guidance
PC maker HP Inc. (NYSE: HPQ) reported an increase in second-quarter adjusted earnings, which also topped expectations. Revenues, meanwhile, remained…
Most light-duty vehicles in the US to have embedded connectivity by 2023
A recent study has predicted that 90% of the light-duty vehicles and trucks in the US will have embedded connectivity…
Chipotle stock plunges after rating downgrade over cost escalation
Shares of Chipotle Mexican Grill (NYSE: CMG) were down 6% Thursday afternoon after BMO Capital Markets downgraded them to underperform…
Avon’s stock rallies on Natura deal
Shares of Avon Products Inc. (NYSE: AVP) are continuing their rally from a day ago when the company announced its…
Fate of T-Mobile-Sprint merger hangs in balance amid rigorous regulatory review
Ever since two of America’s biggest telecom firms – T-Mobile (Nasdaq: TMUS) and Sprint (NYSE: S) – announced their merger…
Best Buy tops Q1 earnings and revenue estimates; confirms FY20 outlook
Best Buy (NYSE: BBY) beats first quarter 2020 earnings and revenue targets. For the quarter ended May 4, 2019, adjusted…
Hormel Foods Q2 profit beats estimates but cuts FY19 outlook
Hormel Foods Corporation (NYSE: HRL) reported a 19% jump in earnings for the second quarter of 2019 helped by lower…