Market News

Nike stock drops after beating Q3 earnings estimates, meets revenue targets

Nike Inc (NKE) beat Q3 earnings, while it met revenue targets. The sneaker maker reported earnings of 68 cents on…

Biogen ends Alzheimer’s Phase 3 trials, stock plunges above 28%

Shares of the biopharma firms Biogen (NASDAQ: BIIB) and Eisai Co. Ltd (ESALY) plummeted above 28% and 34% respectively at…

Actuant reports Q2 earnings beat amidst ongoing restructuring efforts

Actuant Corporation (NYSE: ATU) today announced it has closed the sale of Precision-Hayes International and Cortland Fibron as part of…

Ford names Amazon veteran Tim Stone as finance chief, to succeed Bob Shanks

Ford Motor Company (F) announced Thursday that chief financial officer Bob Shanks will be retiring later this year. He will…

Canopy Growth accelerates US expansion plans with AgriNextUSA acquisition

The world’s largest cannabis company by market cap, Canopy Growth Corporation (CGC), on Thursday said it was acquiring US-based hemp…

G-III Apparel stock rallies on stronger-than-expected Q4 earnings

G-III Apparel stock rallies on stronger-than-expected Q4 earnings

Shares of G-III Apparel Group (GIII) rallied in pre-market trading Thursday after its fourth-quarter earnings more than doubled and topped…

Covia Holdings misses Q4 estimates

Covia Holdings Corporation (CVIA) Thursday reported fourth-quarter 2018 results that missed analysts’ expectations, hurt by market headwinds. Net loss for…

What to expect from JinkoSolar Q4 results?

Shares of the Chinese-based solar manufacturer JinkoSolar (NYSE: JKS) has surged above 100% this year as the demand for solar…

Herman Miller Q3 profit beats on solid organic growth; stock jumps

Furniture maker Herman Miller (MHLR) reported a marked growth in third-quarter sales, aided by robust order growth across all business…

Ingredion Inc declares quarterly dividend less that a month after Western Polymer takeover

Ingredion Inc (NYSE: INGR) on Wednesday announced that its board declared a quarterly dividend of $0.625 per share on the…