The other technology deals include the acquisition of India-based robotic process automation company Intellibot by ServiceNow and the buyout of Austin-based Hook Bang by gaming giant Take-Two Interactive.
Elsewhere, Yum Brands! bought Israeli omnichannel marketing platform Tictuk Technologies for an undisclosed amount, while professional services firm Cognizant is set to boost its autonomous/electric vehicle prowess through the proposed acquisition of ESG Mobility. On Thursday, Fiserv revealed plans to buy payment technology company Pineapple Payments as part of streamlining operations.
After reporting double-digit earnings growth for the third quarter, consumer foods company General Mills early last week exuded confidence that the momentum would be maintained in the coming months. GameStop, which recently sent financial markets into a tizzy with unusually volatile stock movement, on Tuesday unveiled mixed results for the fourth quarter.
With the business world getting ready for the next earnings season, the only other major announcement was Adobe’s impressive first-quarter report.
Going forward, the spotlight will be on Walgreens Boots Alliance, the retail pharmacy giant that is scheduled to release the latest quarterly report on March 31. On the same day, chipmaker Micron Technology is expected to post second-quarter earnings.
Prior to that, the latest quarterly report of Lululemon Athletica is slated for release on March 30. The apparel retailer will be joined by online pet store Chewy on the same day. On April 1, Carmax will be publishing its year-end financial report.
Key Earnings to Watch
Monday: K92 Mining, Qudian, Biocept, Canoo, LifeMD, Puyi, and Social Reality
Tuesday: Delta 9 Cannabis, FactSet Research Systems, Lululemon Athletica, BlackBerry Limited, AngioDynamics, Cormedix and Apria
Wednesday: Acuity Brands, Walgreens Boots Alliance, Guess?, and Micron Technology
Thursday: Dave & Buster’s Entertainment, CarMax, Consolidated Water Co., Novagold Resources and Franklin Covey
Key Corporate Conferences to Watch
Key US Economic Events
Notable Transcripts
The following are notable companies which have reported their earnings last week. In case if you have missed catching up on their performance, click the respective links to skim through the transcripts to glean more insights.
Synnex Corp. Q1 2021 Earnings Transcript
Tencent Music Q4 2020 Earnings Transcript
HUYA Q4 2020 Earnings Transcript
GameStop Q4 2020 Earnings Transcript
Adobe Q1 2021 Earnings Transcript
General Mills Q3 2021 Earnings Transcript
KB Home Q1 2021 Earnings Transcript
Shoe Carnival Q4 2020 Earnings Transcript
Darden Restaurants Q3 2021 Earnings Transcript
Momo Q4 2020 Earnings Transcript
If you want to listen to how management responds to analyst questions and the tone they use, you can head over to our YouTube channel to listen to conference calls on the go.