Consumer
Rumors Roundup: Will Tesla’s Elon Musk unveil new car?
Tesla (TSLA) chief executive Elon Musk has changed his Twitter handle name to Elon Tusk along with an elephant emoji…
Weight Watchers’ stock continues to get battered post-earnings
Weight Watchers International Inc.’s (WTW) shares are still down by 33% in mid-day trade on Wednesday after crashing on a…
Papa John’s slips to loss in Q4, misses estimates
Papa John's International Inc. (PZZA) slipped to a loss in the fourth quarter from a profit last year, due to…
Shake Shack Q4 results beat estimates; stock falls on weak 2019 outlook
Burger chain Shake Shack (SHAK) reported stronger than expected earnings and revenues for the December quarter, reflecting its initiatives to…
Earnings preview: Comps to drive Cracker Barrel Q2 results
Cracker Barrel Old Country Store Inc. (CBRL) is scheduled to release its earnings results for the second quarter of 2019…
Coca-Cola stock gains on dividend hike, new share buyback program
More than a week after reporting mixed results for the fourth quarter, Coca-Cola (KO) has brought some good news for…
Earnings preview: Refranchise to hurt Jack in the Box Q1 revenue
Jack in the Box (JACK) is set to report its first quarter 2019 operating results on Wednesday after market close.…
Sysco Q2 profit drops 5.9% but beats estimates
Sysco Corp. (SYY) reported a 5.9% drop in earnings for the second quarter due to higher costs and expenses. The…
Altria’s shares gain after Q4 results match expectations
Altria Group Inc. (MO) reported revenue and earnings in line with consensus estimates for the fourth quarter of 2018. Shares…
Ferrari’s stock jumps 10% after Q4 earnings top expectations
Ferrari NV’s (RACE) shares soared 10.2% in morning trade on Thursday after the company beat estimates on earnings for the…
United Parcel Service (UPS) stock rises despite sliding Q4 earnings
United Parcel Service (UPS) posted a 4.6% hike in total revenue of $19.85 billion in the fourth quarter of 2018…
GameStop plunges 22% after abandoning plans to sell itself
GameStop (GME) on Tuesday said it was abandoning its plans to sell the company, "due to the lack of available…
Harley-Davidson announces dismal Q4 with almost nil earnings
Cruise-bike maker Harley-Davidson (HOG) posted its fourth-quarter 2018 earnings before trading hours on Tuesday, Jan. 29. Shares quickly fell after the…
Earnings preview: Customer base to drive PayPal Q4 results
PayPal Holdings (PYPL) is set to report its earnings for the fourth quarter on Wednesday after the market closes. The…
What to expect from Alibaba’s Q3 earnings results?
Chinese e-commerce giant Alibaba Group (NYSE: BABA) is slated to reports its Q3 results before the bell on January 30.…
Q4 Earnings Preview: Will eBay spill the beans on non-core business sale?
With hardly a week after activist investor Elliott Management revealed that it had bought a 4% stake for $1.4 billion…
Companies reporting earnings in the week: Jan 28 – Feb 1
A slew of major companies are reporting earnings in the week from January 28 till February 1. Telecom giant Verizon…
Hyundai plans to cut jobs in China due to economic slowdown
In the latest of China trade woes, Hyundai Motor announced that its Chinese JV will accept voluntary retirements following a…
Starbucks Q1 profit dips 66% but beats estimates
Starbucks (SBUX) reported a 66.2% dip in earnings for the first quarter due to higher operating expenses as well as…