Consumer
Kenon sells half of its stake in Qoros Automobile Co
Israeli businessman Idan Ofer owned Kenon Holdings (KEN) announced that half of its remaining stake in Qoros Automobile Co for…
Helen of Troy delivers an earnings surprise In Q3
Helen of Troy (HELE) on Tuesday reported third-quarter earnings that surpassed analysts’ expectations. The maker of consumer products said its…
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 earnings. The…
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 Inc. (DLTR)…
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 fighting a…
GE’s stock gets a lift on reports of Apollo’s interest in GECAS
General Electric’s (GE) stock got a good boost today after Bloomberg reported that private equity group Apollo Global Management is…
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 report its…
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 return to…
RPM International’s stock plunges 8% after Q2 results miss expectations
RPM International Inc. (RPM) missed market estimates on revenue and earnings for the second quarter of 2019, sending shares plummeting…
Earnings: Cal-Maine Foods swings to profit in Q2
Egg producer Cal-Maine Foods (CALM) swung to a profit of 45 cents per share in the second quarter of 2019,…
Delta stock falls sharply after disappointing revenue outlook
The unimpressive revenue guidance issued by Delta Air Lines (DAL) Thursday and the negative market reaction to the report reflect…
Landec posts wider-than-expected loss in Q2
Landec Corporation (LNDC) slipped to a loss in the second quarter from a profit last year, due to acquisition-related expenses,…
Resources Connection stock gains sharply after Q2 earnings beat
Shares of Resources Connection (RECN), a provider of diversified consulting services, gained significantly Thursday after the company reported stronger than…
Johnson & Johnson dips on revenue decline in India
Johnson & Johnson (JNJ) shares fell 1% on Thursday after the company reported a 3% sales dip in India in…
Fiat Chrysler sees best US retail sales in 17 years, with Jeep and Dodge breaking sales records
FCA US LLC, the US wing of Fiat Chrysler Automobiles N.V., on Thursday posted retail sales of 2018 — the…
Competition and trade war may shatter Starbucks’ China dream
Starbucks’ (SBUX) reputation as the undisputed leader in the caffeinated beverage market was challenged in recent years due to the…
General Motors shares tumble on Q4 sales decline
Shares of General Motors (GM) fell over 2% on Thursday after the automaker said its sales fell 2.7% in the…
UniFirst Q1 profit jumps 12%, beats estimates
UniFirst Corporation (UNF) reported a 12% jump in earnings for the first quarter of fiscal 2019 helped by higher revenues…
Simply Good Foods Q1 earnings jump on strong sales growth
The Simply Good Foods Company (SMPL) Thursday reported an increase in net profit for the first quarter of 2019 when…
2018 sees a new global leader in electric vehicle consumption
Despite their constant push, neither the US nor China could outbid the western European countries as a leader in the…
Roku stock rises as it adds premium subscriptions to The Roku Channel
Streaming service company Roku Inc. (ROKU) announced that it is adding premium subscriptions to The Roku Channel. Roku customers will…