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Market News

A bumpy ride ahead as Ford embarks on full-scale reorganization

Realizing the need to adapt to the changing market conditions, American automakers are busy revising their strategies. Following in the…

Aphria stock continues to bleed for the second day in a row

Aphria Inc. (NYSE: APHA), which nosedived 23.42% to $6.05 at the end of Monday’s trading session, continued to be in…

Donaldson beats Q1 revenue estimates but misses on earnings

Donaldson Company Inc. (DCI) beat market expectations on revenue for the first quarter of 2019 but earnings missed estimates. Net…

Bank of Montreal Q4 profit jumps 38%, beats estimates

Bank of Montreal, along with its subsidiaries is known as BMO Financial Group, (BMO) reported a 38% jump in earnings…

AutoZone beats earnings estimates in Q1

AutoZone (AZO), a retailer of automotive parts, reported first-quarter earnings of  $13.47 per share, which surpassed analysts’ expectation of $12.21…

Movado Group beats Q3 estimates

Movado Group Inc. (MOV) reported better-than-expected revenue and earnings for the third quarter of 2019. Net sales rose 9.6% to…

Despite uncertainties, cannabis firms emerge as top takeover targets

In all probability, 2019 will be the year of cannabis as far as Wall Street is concerned. After the beverages…

Earnings preview: Expenses likely to drown H&R Block to loss in Q2

Tax preparation company H&R Block (HRB) is set to release its earnings for the second quarter of fiscal 2019 on…

Smartsheet exceeds Q3 estimates, stock surges

Cloud-based solutions provider Smartsheet (SMAR) came out Q3 loss of 9 cents per share and revenue of $47 million, beating…

American Eagle set to ride high on brand power, comps in Q3

Supported by the strength of its popular apparel brands and stable comparable store sales, American Eagle Outfitters (AEO) is well-positioned…