Market News
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…
Google will buy smartwatch technology from Fossil for $40 million
Alphabet Inc.’s (GOOGL) subsidiary Google is buying smartwatch technology worth $40 million from Fossil Group (FOSL). The sale involves technology…
Tailored Brands stock drops to 17-month low
Tailored Brands (TLRD) stock fell to a 17-month low of $11.37 on Thursday as the specialty apparel retailer lowered its…
Chip stocks slip after Apple supplier predicts weaker smartphone demand
Adding to the concerns that the smartphone boom is finally leveling off, component suppliers are witnessing a marked decline in…
China growth to slow down in 2019 on slumping domestic demand, tariff concerns
A Reuters poll suggests that China’s economy might slow to 6.3% in 2019 due to weakening domestic demand. The US…
Commerce Bancshares beats earnings consensus by a cent in Q4
Commerce Bancshares, Inc. (NASDAQ: CBSH) reported fourth-quarter results that surpassed street estimates, thanks to a favorable credit environment. Net income…
Alcoa Q4 earnings beat estimates amidst tough macro factors
Alcoa’s (NYSE: AA) fourth quarter earnings beat analyst consensus despite tough macro trends due to ongoing trade wars and lower…