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Delta Air Lines (NYSE: DAL) reported better-than-expected revenue and earnings for the second quarter of 2019, allowing shares to climb 2.2% in
Delta Air Lines (NYSE: DAL) reported better-than-expected revenue and earnings for the second quarter of 2019, allowing shares to climb 2.2% in premarket hours on Thursday. The consensus estimate was for earnings of $2.24 per share on revenue of $12.4
Fastenal Company (NASDAQ: FAST) reported a 3% decline in earnings for the second quarter of fiscal 2019 due to the impacts of customer and product mix as well as higher income tax expenses. The results missed analysts' expectations. Net income
Furnishing retailer Bed Bath & Beyond (Nasdaq: BBBY) reported a marked decline in first-quarter earnings, hurt by muted same-store performance. However, the results topped the Street view, sending the stock higher during Wednesday's extended session. Earnings, excluding one-time items, dropped
AngioDynamics (NASDAQ: ANGO) posted fourth-quarter earnings results on Wednesday before the regular trading hours. Net sales for the period increased 9% to $96.3 million, while adjusted net profit rose to $0.25 per share from $0.20 a year ago. This came in
Denim specialist Levi Strauss (NYSE: LEVI), which returned to the public market two months ago, reported weaker than expected earnings for the second quarter, driving the stock lower in Tuesday's after-hours session. The results were negatively impacted by costs related
Taking forward the initiatives to ramp up its networking portfolio, Cisco Systems (Nasdaq: CSCO) Tuesday agreed to acquire Acacia Communication (ACIA), a leading provider of optical interconnect products. The transaction is tentatively scheduled for completion in the second half of
Picture courtesy: Daniel Eledut (Unsplash) In its response to reports of some passenger planes developing cracks in their wings, Airbus this week said the fault will not affect the safety of the A380 superjumbos. The European aircraft maker cannot afford
Beverage giant PepsiCo (NASDAQ: PEP) on Tuesday reported second-quarter earnings and revenues that topped earnings estimates. Revenues grew 2.2% to $16.45 billion, edging past analysts’ estimate for $16.42 billion. On an organic basis, revenue grew 4.5%. The snack business continued
With over 190% growth so far this year, streaming company Roku (NASDAQ: ROKU) has been one of the best-performing stocks in 2019. The growth has been driven by its operational excellence and not by any outside factors, which underpins the
Shares of Verizon (NYSE: VZ), the second largest telecom company in the US, declined early Monday after Citi downgraded the stock to neutral from buy while retaining the price target at $62. The impact of the rating action on investors’
Delta Air Lines Inc. (NYSE: DAL) is scheduled to report second quarter 2019 earnings results on Thursday, July 11, before market open. Wall Street anticipates earnings of $2.24 per share on revenue of $12.4 billion, reflecting year-over-year increases of 26%
Fastenal Company (Nasdaq: FAST) will be reporting second-quarter results Thursday before the opening bell. The market’s prediction of $0.37 per share earnings for the quarter is in line with the performance in the prior-year quarter. The forecast for net sales
PepsiCo Inc. (NASDAQ: PEP) is scheduled to report second quarter 2019 earnings results on Tuesday, July 9, before market open. Earnings are estimated to decline 7.5% year-over-year to $1.49 per share while revenues are projected to increase 2% to $16.4
Ford Motor Company (NYSE: F) has three operating segments – Automotive, Mobility and Ford Credit. The Automotive segment is its largest and accounts for the sale of vehicles, parts, and accessories. The Mobility segment includes the company’s investments in autonomous
Leading jeans brand Levi Strauss (NYSE: LEVI) is scheduled to report second quarter 2019 earnings results after the closing bell on Tuesday, July 9. Analysts expect the company to report earnings of 13 cents per share, on revenues of $1.3
Bed Bath & Beyond (Nasdaq: BBBY) is one of the worst-performing Wall Street stocks, which has been on a losing streak for several years. Over the past two years, the company's comparable store sales have remained in the negative territory,
McDonald’s Corporation (NYSE: MCD) is a major player in the fast food industry, with about 38,000 locations in more than 100 countries. Let’s take a look at the company’s performance in general. Over the past five quarters, McDonald’s revenues have
A couple of days back, responding to a follower, Tesla (NASDAQ: TSLA) CEO Elon Musk said battery-powered electric airplanes could become a reality in another five years. How true can this be? Well, the Paris Air Show held last month
For income investors, it is very important to identify stocks that offer decent returns while promising consistent growth in the long term. AT&T (NYSE: T) is one of the Wall Street firms that meet all the criteria, making the stock
Google (NASDAQ: GOOGL) was the leading smart home vendor in Europe in the first quarter of 2019, trumping other leading players such as Amazon (NASDAQ: AMZN) and Samsung, a new report has revealed. Photo by BENCE BOROS on Unsplash According
In June, semiconductor stocks had experienced a high level of fluctuation, marked by last week’s spike following Micron’s (Nasdaq: MU) impressive earnings report. The chipmakers are maintaining the upward momentum, buoyed mainly by the de-escalation of US-China trade dispute after
