X

Market News

JPMorgan Chase reports record Q1 revenue and higher net interest income

Financial giant JPMorgan Chase (JPM) kicked off bank earnings on Friday with its first-quarter 2019 results. Net income jumped 5%…

Infosys Q4 profit rises 2%, guides FY20 revenue above consensus

Infosys (NYSE: INFY) reported a 2% increase in earnings for the fourth quarter of 2019 helped by higher revenues as…

The Walt Disney Co announces launch of Netflix rival streaming service Disney+

From a small cartoon company founded in 1923 by Roy and Walt Disney to a media conglomerate in 2019, the…

Campbell Soup (CPB) close to selling Bolthouse Farms as debt mounts

As part of the initiatives to streamline operations and achieve financial stability, Campbell Soup (NYSE: CPB) continues to dump its…

Canadian National Railway to invest in Minnesota rail network

Canadian National Railway or CN (NYSE: CNI) on Thursday outlined its plans to invest about $80 million in Minnesota in…

Earnings preview: Weak trading, investment banking to hit Goldman Sachs’ (GS) Q1 results

Goldman Sachs (Nasdaq: GS) will be reporting its first-quarter results Monday before the openings bell. The investment banking giant is estimated…

PagerDuty stock opens up more than 50% from its IPO price on debut day

Shares of San Francisco-based tech firm PagerDuty (NYSE: PD) opened at $36.75, up 53% from its IPO price of $24…

Tesla (TSLA) puts brake on Gigafactory expansion; stock slips

Shares of Tesla (Nasdaq: TSLA) dropped 4% early Thursday after the electric car maker suspended the expansion initiatives at its…

Fastenal posts jump in Q1 earnings on higher signings

Industrial supplies giant Fastenal (FAST) posted its first-quarter 2019 earnings before the market opened on Thursday, April 11. Net sales…

Rite Aid posts narrower-than-expected Q4 loss

Drugstore chain Rite Aid Corporation (NYSE: RAD) reported a narrower loss from continuing operations in the fourth quarter as it…