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Market News

CVS-Aetna merger promises a new dawn for healthcare sector

The healthcare sector this week witnessed the coming together of two leading players, under a merger deal that stands out…

Defying tech selloff, Microsoft races ahead of Apple in market cap

A few months ago, Apple (AAPL) achieved an enviable milestone when its market value crossed the $1-trillion mark. However, the…

Royal Bank of Canada Q4 earnings beat as higher interest rate lifts margins

Supported by double-digit income growth in key business segments, Royal Bank of Canada (RY) Wednesday reported stronger than expected fourth-quarter…

Chico’s FAS stock dips on weak Q3 earnings

Women’s specialty retailer Chico’s FAS Inc. (CHS) reported a 61% dip in earnings for the third quarter due to lower…

Burlington Stores’ stock soars 7% after Q3 results beat

Burlington Stores Inc. (BURL) beat market estimates on revenue and earnings for the third quarter of 2018 and raised its…

Sina Corp Q3 earnings surpass estimates by 22 cents, shares up 3%

Chinese technology company Sina Corporation (SINA) reported better-than-expected third quarter earnings driven by strong growth in its Weibo advertising. Q3…

GW Pharma Q4 results fails to impress the street

GW Pharmaceuticals plc (Nasdaq: GWPH) stock was down about 4% in the extended hours of trading after the company missed…

Earnings Preview: GameStop to report Q3 2018 results in high hopes after recent ratings upgrade

Video game retailer GameStop Corp (GME) is expected to post third-quarter earnings after trading closes on Thursday, Nov. 29. The…

United Technologies decides to split into three companies

United Technologies Corp. (UTX) completed its acquisition of Rockwell Collins, and the conglomerate now plans to split into three different…

Cyber Monday extends record-breaking retail sales streak

Following record-breaking sales during Thanksgiving Day and Black Friday, Cyber Monday was welcomed with an equally enthusiastic response. According to…