Market News
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…
Splunk stock rises on upbeat Q3 results, guidance
Machine data specialist Splunk Inc. (SPLK) reported a wider loss in the third quarter due to higher costs and expenses.…
Tonix Pharmaceuticals skyrockets on additional details of a Phase 3 trial
Tonix Pharmaceuticals (Nasdaq: TNXP) stock skyrocketed during Thursday’s trading session after the pharma company announced additional details of its Phase…
McDonald’s turnaround on track; stock hits new peak after upgrade
After making a dismal start to the year, often underperforming the market, McDonald’s (MCD) has made a noticeable recovery in…
Bayer looks at global lay-offs and divestments post Monsanto acquisition
German drugmaker Bayer (Frankfurt:BAYGn) on Thursday announced the divestment of many businesses, about 12,000 layoffs and $3.8 billion in impairments.…
Unilever announces CEO retirement
Unilever Plc (UL) announced that its CEO Paul Polman was planning to retire, effective January 1, and that Alan Jope,…