Consumer
A bumpy ride ahead as Ford embarks on full-scale reorganization
Realizing the need to adapt to the changing market conditions, American automakers are busy revising their strategies. Following in the…
AutoZone beats earnings estimates in Q1
AutoZone (AZO), a retailer of automotive parts, reported first-quarter earnings of $13.47 per share, which surpassed analysts’ expectation of $12.21…
Dollar General (NYSE: DG) Q3 2018 earnings: discount store cuts outlook on disaster impact
Discount-store chain Dollar General (DG) saw third-quarter earnings jump 35.5% to $1.26 per share in line with analyst estimates. Net…
Movado Group beats Q3 estimates
Movado Group Inc. (MOV) reported better-than-expected revenue and earnings for the third quarter of 2019. Net sales rose 9.6% to…
Earnings preview: Expenses likely to drown H&R Block to loss in Q2
Tax preparation company H&R Block (HRB) is set to release its earnings for the second quarter of fiscal 2019 on…
American Eagle set to ride high on brand power, comps in Q3
Supported by the strength of its popular apparel brands and stable comparable store sales, American Eagle Outfitters (AEO) is well-positioned…
Uber might acquire Bird or Lime
Uber Technologies is said to be considering an acquisition of either Bird or Lime, according to a report by The…
Earnings preview: Movado high on optimism in Q3
During the second quarter, Movado (MOV) had reported mixed results, with net sales improving 12% to beat estimates, even as…
Nexstar agrees to buy Tribune for $4.1 billion
Nexstar Media Group Inc. (NXST) agreed to acquire Tribune Media Group Inc. (TRCO) for $4.1 billion. The all-cash deal values…
Earnings Preview: Lululemon Athletica likely to post upbeat results for Q3
Athletic apparel retailer Lululemon Athletica (LULU) is set to report its earnings for the third quarter on Thursday after the…
New Age Beverages stock jumps after its announcement of $85-mln Morinda acquisition
New Age Beverages Corp. (Nasdaq: NBEV) acquires Tahitian Noni Juice maker Morinda Holdings for $85 million. The combined company would…
Earnings Preview: AutoZone poised to beat Q1 estimates, defying cost pressure
AutoZone Inc. (AZO) is expected to announce its first-quarter results on December 4 before the market opens. Analysts predict that…
McDonald’s turnaround on track; stock hits new peak after upgrade
After making a dismal start to the year, often underperforming the market, McDonald’s (MCD) has made a noticeable recovery in…
Tiffany & Co third-quarter sales inch up, but fails to meet Market estimates
Before the market opened on Nov. 28, jeweler Tiffany & Co (TIF) posted a 4% rise in worldwide net sales…
Chinese state paper names Alibaba founder Jack Ma as Communist Party member
China's richest man, Jack Ma, is a Communist Party member, according to the party's official newspaper The People’s Daily. The…
Cracker Barrel Old Country Store Q1 profit beats estimates
Cracker Barrel Old Country Store Inc. (CBRL) reported a 2% rise in earnings for the first quarter as an increase…
Hibbett Sports stock plummets on Q3 earnings miss, weak guidance
Shares of Hibbett Sports (HIBB) fell sharply after it reported lower-than-expected earnings and net sales for the third quarter, hurt…
Guess Earnings Preview: International to drive Q3 results
Guess? Inc. (GES) is expected to be benefited from the strength of its Europe and Asia businesses as third-quarter earnings…
Earnings Preview: After two bad quarters, J.M. Smucker needs to deliver
It is difficult for an established company to hold investor confidence without delivering on the quarterly results, and J.M. Smucker…
Paychex boosts HR outsourcing profile through Oasis buyout
Paychex (PAYX) is better equipped than most other Wall Street firms when it comes to initiating expansion programs, thanks to…
Diana Shipping stock rises on upbeat Q3 earnings
Greek bulk carrier Diana Shipping Inc. (DSX) turned last year's deficit into a profit in the third quarter as higher…