Market News
Retail stocks hit hard by dismal holiday sales
As investors continued to punish retail companies after the lackluster holiday season, most of the leading store operators witnessed stock…
Synnex stock rises on upbeat Q4 results, guidance
Synnex Corp. (SNX) reported a 24.3% jump in earnings for the fourth quarter helped by strong demand in Technology Solutions…
Ford announces major restructuring and job cuts in Europe
If it was GM last year, this year it is Ford. Ford Motor Company (F) is said to be planning…
BoA gives double upgrade as Twitter intensifies fight against spam
For the social media sector, 2018 was a year of great significance, and the most valuable takeaway from the recent…
Will Pier 1 Imports stock fall create an opportunity to buy?
Pier 1 Imports Inc. (PIR) stock has fallen over 82% in the past year and there are just a few…
Blizzard Entertainment renews China deal amid faltering user growth
When Activision Blizzard (ATVI) partnered with China-based NetEase (NTES) more than a decade ago, the main attraction was the growing…
Plug Power predicts preliminary 2018 revenue to jump 40% from a year ago
Plug Power on Wednesday announced preliminary revenue of $182-185 million for 2018, jumping 40% from last year. Plug Power also…
WD-40 reports in-line Q1 earnings and beats sales predictions
Specialty chemicals company WD-40 Company (WDFC) reported its first quarter earnings after the market closed today. The company reported earnings of $0.95…
Hold on to your Apple stock, this storm shall pass
Apple Inc. (AAPL) was said to have slashed its iPhone production target for the first quarter of 2019 by 10%,…
Rating upgrade breathes new life into Micron; stock rallies
Micron Technology (MU) got a big boost Wednesday after Bernstein Research upgraded the stock to outperform from market perform. The…