Market News
Ascena Retail Q1 profit dips 10.6% but beats estimates
Ascena Retail Group (ASNA), which owns brands such as Dressbarn, Maurices, and Justice, reported a 10.6% decline in earnings for…
Avid Bioservices Q2 loss narrows despite lower revenues; reaffirms outlook
Avid Bioservices (CDMO) reported a narrower net loss for the second quarter of 2019, helped by a sharp decline in…
Earnings preview: Costs to weigh on Dave & Buster’s Q3 results
Dave & Buster’s Entertainment (PLAY) is scheduled to post earnings results for the third quarter on Tuesday after the bell.…
Roadblock ahead as automakers bank on SUV boom to stay afloat
Sales of passenger cars dropped sharply in the US market last month, while shipments of SUVs and pickup trucks increased.…
US weapon makers top in the world; Defense stocks jump
Weapon sales at the top 100 arms producers in the world rose 2.5% in 2017 to $398.2 billion, according to…
SoftBank raises $23.5 billion in record IPO
SoftBank Group Corp. is looking to raise $23.5 billion from the initial public offering of its Japanese mobile unit, marking…
Verizon’s 10,400 employees leave the company as part of voluntary separation program
Telecom giant Verizon Communications (VZ) announced that about 10,400 employees had accepted to leave the company as part of its voluntary…
Earnings preview: Integrated circuits demand to drive Photronics Q4 results
Photronics (PLAB) is set to release its earnings for the fourth quarter on Wednesday before the bell. The electronics imaging…
Tivity Health set to redefine fitness market with Nutrisystem acquisition
The fitness industry has witnessed a lot of innovation in recent times as companies strive to cash in on the…
Aurora Cannabis eyes 130-mn market through Mexican firm acquisition
Shares of Aurora Cannabis (ACB) jumped 2% on Monday at the Toronto Stock Exchange after the Canadian pot company announced…