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Nike, Inc. (NYSE: NKE) has long been an investors' favorite, due to the decent returns and dividend it offers, despite the relatively
Nike, Inc. (NYSE: NKE) has long been an investors' favorite, due to the decent returns and dividend it offers, despite the relatively high stock price. Though the sneaker maker enjoys solid customer loyalty, there is concern that competition and margin
Banking giant Wells Fargo (NYSE: WFC) reported a 5% fall in its fourth-quarter revenues, which resulted in a decline in earnings. The results also missed the Street view and the company's stock dropped sharply early Tuesday, soon after the announcement.
Aphria Inc. (NYSE: APHA) reported a net loss for the second quarter of 2020, compared to profit last year. The company's stock dropped during Tuesday's pre-market session immediately after the announcement. The Leamington, Canada-based cannabis company reported a net loss
Oil and gas company Schlumberger (NYSE: SLB) performed better than most of its peers in the last quarter, even though the oilfield services industry was hurt by weakness in drilling activity in North America. Experts are of the view that
UnitedHealth Group (NYSE: UNH) has been expanding its market value steadily, especially after reporting stronger-than-expected third-quarter results a few months ago. Since then, the stock gathered steam and reached an all-time high ahead of the fourth-quarter report, which will be
Wells Fargo & Company (NYSE: WFC) is preparing to publish the first quarterly report under new CEO Charles Scharf, who faces the tough task of navigating the company through a very difficult phase. After reporting flat revenues in the first
Shares of Constellation Brands (NYSE: STZ) were up 1.7% in afternoon hours on Thursday after the company reported strong quarterly results a day ago. The company beat revenue and earnings estimates for the third quarter of 2020 and raised its
While announcing the September-quarter results, Citigroup Inc. (NYSE: C) had reiterated its commitment to improving shareholder returns, despite the volatile market conditions. The banking giant will publish its fourth-quarter results on January 14 before the opening bell, kicking off the
-- Lighting solutions provider Acuity Brands, Inc. (NYSE: AYI) reported adjusted earnings of $2.13 per share for the first quarter of 2020, vs. $2.21 per share expected. -- Net income dropped to $57 million or $1.44 per share from $79.6
Home furnishing retailer Bed Bath & Beyond (NASDAQ: BBBY) reported a net loss for the third quarter of 2019, contrary to expectations for earnings. The bottom-line was hurt by a 9% decline in revenues. The management withdrew its full-year guidance
With the cellphone market rapidly nearing the saturation point, it is estimated that smartwatches are the next big thing in consumer electronics. Though the hype has been rife for a long time, the market for the futuristic wristwatches is still
Delta Air Lines (NYSE: DAL) reported positive results for the third quarter but the stock had a dismal show in the post-earnings session as the market was not impressed by the guidance. Though the stock recovered towards the end of
Though Amarin Corporation (NASDAQ: AMRN) has been showing signs of recovery since last year, after staying low for several years, the stock has a long way to go before restoring investors' confidence. The biotech firm got a fresh boost this
Walgreens Boots Alliance (NYSE: WBA) entered the new fiscal after a disappointing show last year, in terms of shareholder return and financial performance, which spurred speculations about the stock's future. Despite being the worst-performing Dow component, the company remains a
After a difficult summer season, marked by significant pricing pressures that weighed on profitability, Cal-Maine Foods (NASDAQ: CALM) will be reporting second-quarter results on January 6 before the opening bell. In a sign that the negative market conditions persisted in
Continuing the expansion spree, enterprise software firm VMware (NYSE: VMW) on Monday completed the acquisition of cloud services provider Pivotal Software. Pursuant to the $2.7-billion transaction, Pivotal will become a wholly-owned subsidiary of VMware. The deal also complements VMware's efforts
Music streaming platform Spotify (NYSE: SPOT) Friday said it would suspend political advertisements for certain services from next year, thereby contributing to the efforts to ensure a free and fair presidential election. The move comes in response to an intense
Tiffany & Co. (NYSE: TIF) has been one of the closely followed Wall Street firms ever since the luxury jeweler agreed to be acquired by France-based LVMH Moët Hennessy a few months ago. When the $16-billion deal was announced -
The electric car market in China witnessed hectic activity this year even as competition between local player Nio, Inc. (NYSE: NIO) and Tesla (NASDAQ: TSLA) intensified, with the latter making significant inroads into the fast-growing market. As the year comes
Luckin Coffee (NASDAQ: LK) is one of the few Chinese startups that made successful Wall Street debut this year. While several companies failed to sustain the momentum after the IPO, the coffee chain expanded its market value consistently. The stock
Take-Two Interactive (NASDAQ: TTWO) has been giving tough competition to its rivals in the industry by releasing hit titles that elicit significant user interest. The video game publisher registered double-digit revenues growth in the US and overseas in recent quarters,