X

Market News

Kellogg’s looking to buy Indian snack firm worth $3 billion

In order to beat the slowing sales of core serial products, Kellogg’s (K) has been on a global hunt for…

Upcoming earnings for the week Feb 25 to March 1

A slew of major companies are reporting earnings for the week February 25 to March 1. The world’s largest department…

Anadarko adds India’s Bharat Petroleum as co-venturer in Mozambique exploration

Anadarko Petroleum Corp (APC) announced the sale and purchase agreement for India’s Bharat Petroleum Corporation Ltd to be a co-venturer…

Apple’s stock falls as Berkshire Hathaway cuts stake

Apple Inc.’s (AAPL) stock is down 0.25% after it was revealed that Warren Buffet’s Berkshire Hathaway (BRK) lowered its stake…

Cognex Q4 results tops estimates despite weak macros, stock surges 4%

Cognex Corporation (NASDAQ: CGNX) reported stellar results for the fourth quarter despite weak macros. The company’s stock price jumped above…

Audi unveils Q4 e-tron concept, SUV deliveries delayed

Audi has taken the competition in the electric cars segment seriously as the luxury carmaker has shown off a series…

The US sees biggest retail sales drop since 2009

In a stark indication of a weak holiday season as well as a drop in spending, US retail sales for…

Canada Goose posts upbeat Q3 results, lifts outlook

Canada Goose Holdings Inc. (GOOS) reported a 64% jump in earnings for the third quarter helped by higher order values,…

YETI Holdings’ stock soars 10% as Q4 results beat estimates

YETI Holdings Inc. (YETI) reported better-than-expected revenue and earnings for the fourth quarter of 2018, sending the stock soaring over…

CenturyLink Q4 earnings beat estimates; stock falls on dividend cut

Earnings of CenturyLink (CTL) increased and topped expectations in the fourth quarter, despite a decline in revenues. Meanwhile, the company’s…