Market News
Tesla fast-tracks China program with plans to start delivery in March
After making a noticeable impact on the American passenger vehicle market last year, Tesla (TSLA) seems to be taking forward…
RPM International’s stock plunges 8% after Q2 results miss expectations
RPM International Inc. (RPM) missed market estimates on revenue and earnings for the second quarter of 2019, sending shares plummeting…
Delta stock falls sharply after disappointing revenue outlook
The unimpressive revenue guidance issued by Delta Air Lines (DAL) Thursday and the negative market reaction to the report reflect…
Landec posts wider-than-expected loss in Q2
Landec Corporation (LNDC) slipped to a loss in the second quarter from a profit last year, due to acquisition-related expenses,…
Johnson & Johnson dips on revenue decline in India
Johnson & Johnson (JNJ) shares fell 1% on Thursday after the company reported a 3% sales dip in India in…
Competition and trade war may shatter Starbucks’ China dream
Starbucks’ (SBUX) reputation as the undisputed leader in the caffeinated beverage market was challenged in recent years due to the…
General Motors shares tumble on Q4 sales decline
Shares of General Motors (GM) fell over 2% on Thursday after the automaker said its sales fell 2.7% in the…
UniFirst Q1 profit jumps 12%, beats estimates
UniFirst Corporation (UNF) reported a 12% jump in earnings for the first quarter of fiscal 2019 helped by higher revenues…
Bristol-Myers Squibb swallows Celgene for $74-bln; Celgene stock surges
Bristol-Myers Squibb (NYSE: BMY) acquired its peer Celgene (NASDAQ: CELG) in a $74-billion cash-and-stock deal. Under the agreement terms, Celgene…
2018 sees a new global leader in electric vehicle consumption
Despite their constant push, neither the US nor China could outbid the western European countries as a leader in the…