Market News
Kansas City Southern Q2 earnings tops estimates
Railroad operator Kansas City Southern (KSU) reported 16% jump in earnings, which topped analysts forecasts, aided by the strong performance…
Merck joins pharma giants in lowering drug prices
The latest pharma giant to bow to Trump’s pressure on drug price is Merck (MRK). The company announced on Thursday…
General Electric posts adjusted EPS of $0.19 for Q2; beats estimates
Industrial conglomerate General Electric (GE) reported its second-quarter earnings before the bell today. The company reported a beat on revenue…
Costco stock flies to yearly high on comps run
The shares of Costco Wholesale (COST) touched a new yearly high of $218.20 on Thursday, with few analysts touting the…
Skechers stock slips 23% on weak guidance
Shares of the footwear giant Skechers plummeted more than 20% in the extended hours of trading due to weak guidance.…
A rather ungracious exit for Papa John’s founder
It’s not easy to part ways with the company you founded. It’s even harder when you have to leave the…
LIVE BLOG: Microsoft Q4 2018 earnings call
During the after-market hours, Microsoft stock is up 3.3% at 7:30 PM ET The company sees accelerating enterprise deployment of…
Alibaba deepens offline presence by investing in Focus Media
Alibaba (BABA) is not happy with its dominance in China’s digital ad industry; it is now working to expand its…
Tesla dips on cautious stance on Model 3 production
Tesla (TSLA) stock opened its trading in the red zone on Thursday and remained grounded as investors remained cautious about…
Microsoft missive on new Xbox hardware keeps everyone guessing
It’s been a long time since Microsoft (MSFT) provided updates on the Xbox hardware. Already excited over the company’s impressive…