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Ross Stores stock falls on weak Q2 outlook
Ross Stores (ROST) reported a 0.7% rise in earnings for the first quarter of 2019 helped by higher...
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Autodesk’s shares tank after Q1 results miss expectations
Autodesk Inc. (NASDAQ: ADSK) missed market estimates on both revenue and earnings for the first quarter of 2020,...
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Hewlett Packard Enterprise raises outlook, triggers a stock gain
Information technology giant Hewlett Packard Enterprise (NYSE: HPE) reported second-quarter revenues that missed the street consensus, even as the bottom-line...
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HP Inc. stock climbs on Q2 earnings beat, strong guidance
PC maker HP Inc. (NYSE: HPQ) reported an increase in second-quarter adjusted earnings, which also topped expectations. Revenues,...
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Most light-duty vehicles in the US to have embedded connectivity by 2023
A recent study has predicted that 90% of the light-duty vehicles and trucks in the US will have...
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Chipotle stock plunges after rating downgrade over cost escalation
Shares of Chipotle Mexican Grill (NYSE: CMG) were down 6% Thursday afternoon after BMO Capital Markets downgraded them...
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Avon’s stock rallies on Natura deal
Shares of Avon Products Inc. (NYSE: AVP) are continuing their rally from a day ago when the company...
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Fate of T-Mobile-Sprint merger hangs in balance amid rigorous regulatory review
Ever since two of America’s biggest telecom firms – T-Mobile (Nasdaq: TMUS) and Sprint (NYSE: S) – announced...
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Best Buy tops Q1 earnings and revenue estimates; confirms FY20 outlook
Best Buy (NYSE: BBY) beats first quarter 2020 earnings and revenue targets. For the quarter ended May 4,...
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Earnings: Sina Corp. Q1 adjusted profit declines; stock falls
Sina Corp. (Nasdaq: SINA) reported a decline in adjusted earnings for the first quarter when revenues of the...
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Medtronic tops expectations on Q4 results
Medtronic plc (NYSE: MDT) reported revenue and earnings for the fourth quarter of 2019 that topped market expectations....
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Hormel Foods Q2 profit beats estimates but cuts FY19 outlook
Hormel Foods Corporation (NYSE: HRL) reported a 19% jump in earnings for the second quarter of 2019 helped...