Market News
Companies reporting earnings this week: Jan 22 – 25
A slew of major companies are reporting earnings this week. Healthcare giant Johnson & Johnson (JNJ) will announce fourth-quarter earnings…
Eli Lilly’s oncology push suffers a blow after sarcoma drug fails study
The ambitious cancer therapy program of Eli Lilly and Company (LLY) suffered a setback Friday after a formulation developed by…
Chinese tourist spending slump pulls down Tiffany holiday sales
US luxury jeweler Tiffany & Co (TIF) cut its yearly profit forecast on Jan. 18 on weaker holiday sales, after…
Walmart, CVS settle pharmacy pricing dispute; ink fresh partnership
In a deal that marks the reunion of two of the world’s largest store operators, Walmart (WMT) and CVS Health…
Strong Q3 earnings put VF Corp stock in the north phase
Apparel and footwear company VF Corp (VFC) saw its shares jump as much as 10% during pre-market trading on Wednesday…
Tesla’s stock plummets on news of job cuts and lower Q4 profits
Tesla Inc. (TSLA) saw its shares plunge over 7.9% in premarket hours on Friday after the company announced that it…
China cries foul after global move against ZTE, Huawei
Beijing on Thursday said that the proposed actions of the US government against ZTE, Huawei and other telecom equipment firms…
Legal charges drag JB Hunt’s Q4 earnings
Trucking and logistics provider J.B. Hunt Transport Services (NASDAQ: JBHT) reported its fourth-quarter results after the bell. The firm reported…
Facebook acts tough as Russia-linked groups pose perennial challenge
After a tumultuous year marked by a series of scandals and allegations, Facebook (FB) is leaving no stone unturned to…