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Market News

The Children’s Place posts mixed Q3 results, slashes full-year earnings outlook

Specialty retailer of kids’ apparel, The Children’s Place (PLCE), reported third-quarter earnings of $3.07 per share, narrowly missing the Street…

Synopsys swings to Q4 profit on tax benefit

Synopsys Inc. (SNPS) swung to a profit in the fourth quarter from a loss last year, helped by a benefit…

Okta surpasses top and bottom line estimates for Q3

Okta (OKTA) reported its Q3 2019 earnings results on Wednesday evening. The company’s top and bottom line results beat analysts’…

Cloudera posts narrower-than-expected Q3 loss

Cloudera Inc. (CLDR) reported a narrower loss for the third quarter helped by a jump in subscription revenue. The results…

Five Below Q3 results beat street view; lifts FY18 outlook

A marked uptick in comparable store sales and new store openings pushed up earnings of discount store operator Five Below…

Boeing stock remains volatile as fallout from Lion Air crash deepens

Shares of Boeing Company (BA), which contributed significantly to the Dow Jones’ sharp gains at the beginning of the week…

Huawei excluded from BT’s 5G plans

British telecom company BT Group has dropped Huawei Technologies from the development of its core 5G network that it plans…

Takeda Pharmaceutical, Shire get shareholders’ nod for $62-billion deal

Takeda Pharmaceutical and Shire Plc announced that their shareholders have approved the $62 billion merger transaction. Takeda said that at…

ATVI, EA, TTWO fall as Fortnite battles royale-style

There were three strong players as the game started – Activision Blizzard (ATVI), Electronic Arts (EA) and Take-Two Interactive (TTWO).…

Volkswagen: Ford partnership and future plans

Volkswagen AG (VOW3) hinted that it might use Ford Motor Company’s (F) factories to build cars and that it is…