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Market News

Cisco Systems stock soars to 18-year high

Cisco Systems (CSCO) stock soared to an 18-year high of $51.49 on Wednesday and analysts expect it to exceed $54…

Weight Watchers’ stock continues to get battered post-earnings

Weight Watchers International Inc.’s (WTW) shares are still down by 33% in mid-day trade on Wednesday after crashing on a…

Spotify follows Netflix and Amazon Prime, launches app in India

On Feb. 26, Tuesday, music streaming giant Spotify (SPOT) announced it launched the app in the population-dense market of India.…

Dean Foods’ stock gains despite wider loss in Q4

Dean Foods Company (DF) reported a higher-than-expected net loss for the fourth quarter of 2018 but revenues came in ahead…

Amarin’s stock gains after Q4 revenues beat expectations

Amarin Corporation (AMRN) surpassed analysts’ expectations on revenues for the fourth quarter of 2018 while net loss came in higher-than-expected.…

GW Pharma stock rises after reporting earnings results for the quarter ended Dec. 31, 2018

As GW Pharmaceuticals (GWPH) moved its fiscal year beginning to January 1, 2019, the company reported financial results for the quarter…

Splunk soars to all-time high ahead of Q4 earnings

Splunk Inc. (SPLK) stock soared to an all-time of $137.07 on Tuesday ahead of its fourth-quarter earnings on Thursday after…

Palo Alto reports stellar Q2 results, unveils $1 billion share repurchase plan

Palo Alto Networks (NYSE: PANW) reported better-than-expected Q2 earnings continuing the strong momentum from the last quarter. The board also…

Earnings Preview: Global sales might save Budweiser maker AB InBev in Q4 from US slump

International beer giant Anheuser-Busch InBev SA (BUD), better known as AB InBev, is scheduled to post its fourth-quarter 2018 results…

Caterpillar stock sinks after double downgrade by UBS, citing construction slump

The current slowdown in building activity across major markets, amid softening economic growth, is taking a toll on the construction…