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AZZ Inc. beats estimates on Q3 sales but misses on earnings
AZZ Inc. (AZZ) topped market estimates on revenue for the third quarter of 2019 but missed expectations on...
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Korea’s SK Telecom forms JV with US broadcaster Sinclair
Korea’s largest telecom operator SK Telecom (SKM) announced on Tuesday that it signed a joint venture agreement with...
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Activist investor wants changes at Dollar Tree, including sale of Family Dollar
Hedge fund Starboard Value LP has taken a 1.7% stake, valued at around $370 million, in Dollar Tree...
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Apple seeks to tide over iPhone rout through media tie-up with Samsung
It is true that in a rapidly evolving business world there are no permanent friends and enemies. After...
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Bed Bath and Beyond Earnings Preview: Costs to dent profits in Q3
Things don’t look promising for the home décor retailer Bed Bath and Beyond (BBBY) which is scheduled to...
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Axsome Therapeutics almost doubles on positive outcome from Alzheimer’s disease trial
Clinical stage biopharmaceutical company Axsome Therapeutics (AXSM) announces positive outcome for ADVANCE-1 trial associated with the treatment of Alzheimer’s disease....
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In a massive deal, Eli Lilly acquires Loxo Oncology
Eli Lilly and Company (LLY) on Monday announced that it would acquire a small biopharmaceutical startup that develops...
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Commercial Metals’ shares tank after Q1 earnings miss estimate
Commercial Metals Company (CMC) missed analysts’ expectations on earnings for the first quarter of 2019 while revenues came...
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Companies reporting earnings this week: Jan 7 – 11
A slew of major companies are reporting earnings this week. Electrical equipment maker AZZ Inc. (AZZ) will announce...
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Rite Aid is looking for a prescription to avoid delisting
Shares of drugstore chain Rite Aid Corp. (RAD) which stood at $1 a month ago are struggling to...
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Intel looks at a better year as rating upgrade fuels recovery
Shares of Intel (INTC) gained Friday after Bank of America Merrill Lynch raised its rating on the stock...
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Tesla fast-tracks China program with plans to start delivery in March
After making a noticeable impact on the American passenger vehicle market last year, Tesla (TSLA) seems to be...