Market News
Coty shares tumble 24% on supply chain woes
Multinational beauty company Coty Inc (COTY) reported a bigger-than-expected decline in first-quarter sales, hurt by supply chain disruptions in Europe…
Mark Zuckerberg is busy tackling Russian hackers; declines to meet UK lawmakers
While Facebook (FB) chief Mark Zuckerberg has every right to think he has done his bit by plugging the social…
Dean Foods stock dips on weak Q3 earnings, guidance cut
Dean Foods (DF) reported a wider loss from continuing operations for the third quarter as the dairy, food and beverages…
Pelosi in the lead for Speaker job as tech, healthcare stocks jump on midterm results
It was a bull run in the US market on Wednesday with the results of US midterm elections meeting expectations.…
Sempra Energy’s stock gains after Q3 results beat expectations
Sempra Energy (SRE) topped market expectations on revenues and earnings for the third quarter of 2018. Shares gained 2.4% in…
The ‘midterm’ shot sends cannabis stocks to a new high
The midterm election has brought cheer to companies doing marijuana-related businesses in the US, despite the uncertainties surrounding regulation of…
AMD stock gains 8% on partnership with Amazon
Semiconductor giant Advanced Micro Devices, Inc (AMD) on Tuesday announced at its Next Horizon event being held in San Francisco…
GE to get rid of consumer lighting business as cash crunch escalates
Engineering giant General Electric (GE) has been on a divestiture spree, in an effort to revitalize its balance sheet. On…
Elon Musk’s SpaceX looks to a $750-million leveraged loan
Tesla (TSLA) sibling and Elon Musk’s space exploration company, SpaceX, is planning to seek a leveraged loan of $750 million,…
Earnings Preview: Will Marvel and ESPN+ add to Disney’s might in Q4?
Media and entertainment conglomerate The Walt Disney Company (DIS) will report its fourth-quarter fiscal 2018 results on Thursday, Nov 8.…