Market News
Tencent Music files for IPO today as trade war put on hold at G20 Summit
The music-streaming arm of Chinese conglomerate, Tencent, has been mulling public listing for some time, but the plans were getting delayed…
Companies reporting earnings this week: Dec 3 – 7
A slew of major companies are reporting earnings this week. Discount store chain Dollar General (DG) will announce third-quarter earnings…
Earnings Preview: AutoZone poised to beat Q1 estimates, defying cost pressure
AutoZone Inc. (AZO) is expected to announce its first-quarter results on December 4 before the market opens. Analysts predict that…
Smartsheet Q3 earnings preview: Customer growth rate likely to play a major role
Cloud-based solutions provider Smartsheet (SMAR) is slated to report its third quarter ending October 31 earnings results on Monday, December…
Honeywell ditches New Jersey for North Carolina, to attract top talent
More and more Wall Street firms are realizing the importance of having their headquarters in areas where it is easy…
Trump effect and trade war: Tariffs imposed by the United States on the world in 2018
The Donald Trump regime brought in a climate of uncertainty to international trade. While hopes are high that many concerns…
Marriott stock retreat deepens after data breach affects 500 mln guests
After digital media, the industry that depends so much on customers’ personal information might be the hospitality sector. While the safety…
Five Below Q3 2018 Earnings Preview: Will tariffs affect results?
Five Below (FIVE) is expected to post third-quarter results in after-hours trading coming Wednesday, Dec. 4. The discount store chain…
PVH tops Q3 earnings estimates and misses on revenue, raises outlook
PVH Corp’s (PVH) earnings in the third quarter surpassed both the consensus and the company’s estimates. However, revenue missed Street’s…
Amazon Web Services is becoming a force to reckon with
Amazon.com Inc.’s (AMZN) Amazon Web Services (AWS) division is growing at a rapid pace and is on its way to…