Market News
Market: US futures point to lower open on shutdown concerns
US futures are pointing to a lower open in the stock market today after ending on a negative note on…
Apple rout deepens after Qualcomm wins partial ban on iPhone sales in Germany
The ongoing patent infringement litigation between Apple (AAPL) and Qualcomm (QCOM) took a new turn this week after the latter…
CalAmp stock falls on weak Q4 guidance
CalAmp (CAMP) slipped to a loss in the third quarter from a profit last year, due to a restructuring charge…
Cintas tops Q2 estimates, stock surges
Cintas (CTAS) reported its second quarter 2019 earnings results, which surpassed analysts’ estimates. The business service provider’s EPS excluding certain items…
Altria announces minority stake in JUUL and cost reduction plans
Altria Group Inc. (MO) acquired a 35% stake in e-cigarette company JUUL Labs Inc. (JUUL) through a $12.8 billion investment…
Budweiser-parent mulls pot-based drinks, inks JV with Tilray
The world’s largest brewery and the parent company of Budweiser, AB InBev (BUD), has given potheads more reasons to cheer…
Neogen stock drops on Q2 revenue miss; earnings decline
Neogen Corp. (NEOG) Thursday reported a decline in its second-quarter earnings, despite a 6% increase in revenues. While the overall…
Actuant slips to loss in Q1 but beats estimates
Industrial products and systems manufacturer Actuant Corporation (ATU) slipped to a loss in the first quarter from a profit last…
Pier 1 Imports stock drops 14% after Q3 results miss estimates
Shares of Pier 1 Imports (PIR) fell sharply Wednesday after the home decor company slipped to a net loss in…
Allergan stock plunges to 5-year low after product recall in Europe
Allergan (AGN) suffered a major setback Wednesday after European regulators asked the company to stop the sale of its textured…