Market News
Actuant crashes as outlook misses expectations despite results beat
Actuant Corporation (ATU) topped market estimates on sales and earnings for the fourth quarter of 2018. However, the earnings outlook…
Worthington Industries Q1 profit jumps 21%
Worthington Industries (WOR) reported a 21% jump in earnings for the first quarter helped by favorable pricing spread in Steel…
Omnova stock sinks as asset write-downs drag down Q3 earnings
Specialty chemicals firm Omnova Solutions (OMN) reported unimpressive results for the third quarter when revenues were impacted by the devaluation…
BMW cuts 2018 guidance on trade war concerns
BMW’s pricing and production are apparently getting hit by the escalating global trade war, and now, the German carmaker is…
Neogen Q1 profit climbs 28%, beats estimates
Neogen Corp. (NEOG) reported a 28% jump in earnings for the first quarter helped by tax benefits from employee stock…
Jabil Circuit Q4 earnings top estimates; stock gains
Jabil Circuit Inc. (JBL) reported a moderate increase in earnings for the fourth quarter when revenues gained sharply helped by…
Data alliance of tech giants sets the tone for new cloud culture
It may sound contradicting that enterprises across the world are moving their sensitive business data to cloud, at the same…
Danaos stock dips on weak Q2 results
Danaos Corp. (DAC) reported a 71% dip in earnings for the second quarter due to an increase in refinancing-related professional…
Ascena Q4 results crush street view; stock surges
Benefiting from strong demand growth across the board, especially for the LOFT brand, Ascena Retail (ASNA) turned to profit in…
General Electric loses power to hot 9-year low
General Electric (GE) stock opened lower on Monday and went on to touch a new yearly low of $11.60, which…