Market News
Blue Bird Q4 earnings miss amid high input costs; revenues beat
Blue Bird Corporation (BLBD), which designs and manufactures school buses, reported an increase in earnings for the fourth quarter when…
Deal Alert: Altria Group buys mammoth stake in Canadian cannabis giant Cronos Group
Phillip Morris-parent Altria Group, Inc. (MO) today announced a deal to invest CAD 2.4 billion (about $1.8 billion) in Toronto-based…
Magellan Health (Nasdaq: MGLN) announces fiscal 2019 earnings outlook
Fortune-500 company Magellan Health, Inc. (NASDAQ: MGLN) today announced its fiscal 2019 outlook. The healthcare giant now sees net revenue…
Vail Resorts posts wider loss in Q1
Vail Resorts Inc. (MTN) reported a wider loss in the first quarter due to the effect of acquisition and integration…
Big Lots’ shares tank 13% over bigger-than-expected Q3 loss and guidance cut
Big Lots Inc.’s (BIG) shares crashed over 13% during premarket hours on Friday after the company reported a wider-than-expected loss…
California professor uses AI to detect fake news
A professor at the University of California has developed an algorithm to detect fake news with 75% accuracy. In our…
United Natural Foods’ stock dwindles on Q1 earnings miss
United Natural Foods (Nasdaq: UNFI) was down 4% in the after-market session after its Q1 earnings fail to beat analyst…
Fresh hope for Sears after chairman Eddie Lampert makes buyout offer
It surprised many when Eddie Lampert, chairman of embattled retailer Sears (SHLD), Thursday came up with a fresh offer to…
Toro posts weak Q4 earnings, guidance
Landscaping, maintenance and irrigation equipment maker The Toro Co. (TTC) reported a 15% increase in earnings for the fourth quarter…
G-III Apparel’s stock plunges 13% despite Q3 earnings beat
G-III Apparel Group Ltd. (GIII) reported better-than-expected earnings for the third quarter of 2019 but revenues came in shy of…