News . Data . Research
Shares of software giant Oracle (NYSE: ORCL) hovered near the peak once again this week, after retreating from last month’s record high.
Shares of software giant Oracle (NYSE: ORCL) hovered near the peak once again this week, after retreating from last month’s record high. With the next earnings report due on Wednesday evening, speculation is rife that the uptrend will continue. The
American Outdoor Brands Corporation (NASDAQ: AOBC) is scheduled to report fourth quarter 2019 earnings results on Wednesday, June 19. Analysts expect the company to report earnings of $0.17 per share on revenue of $168 million. This reflects a 29% decrease
Spotify (NYSE: SPOT) stock has recovered 38% since late December when it touched a new 52-week low of $103. However, the streaming giant has lost about 15% since the stock market debut in April 2018, as concerns about profitability and
The main strength of Adobe (Nasdaq: ADBE) is the steady demand for its products across all business segments, especially Digital Experience. While taking advantage of the rapid adoption of cloud technology, the company has been able to maintain a stable
Broadcom (Nasdaq: AVGO) surpassed Q2 earnings estimates, while it missed on revenue targets. Shares of Broadcom slumped about 7% in the after-hours as the company cut down its revenue outlook for FY19. The company reported non-GAAP earnings of $5.21 per
Abbvie (NYSE: ABBV) is one of the worse performing pharma stocks in the trailing 12-month period. The stock has declined almost 19% during this period, underperforming the S&P 500 index, which is up about 4%. The decline was primarily driven
When the massive selloff battered Wall Street in the final months of 2018, biotechnology stocks were no exception. And, most of them bounced back this year in line with the general trend Wall Street witnessed. Currently, the outlook for the
Late on Wednesday, HEXO Corp (TSX: HEXO; NYSE-A: HEXO) reported a basic net loss per share that widened to CAD 0.04 in the third quarter of 2019, from CAD 0.01 per share a year ago, weighed down by higher operating
Specialty apparel retailer Tailored Brands (NYSE: TLRD) reported lower sales and earnings for the first quarter of 2019, reflecting the continued slump in demand amid stiff competition. The results came in above Wall Street’s forecast. Meanwhile, the company's stock fell
Lululemon Athletica (NASDAQ: LULU) topped market expectations on revenue and earnings for the first quarter of 2019, allowing its shares to gain 4.2% in after-market hours on Wednesday. The consensus estimate was for earnings of $0.70 per share on revenue
A recent report has found that Chinese smartphone makers are outshining industry giants Samsung and Apple (NASDAQ: AAPL) in the European (western, central and eastern) market. According to the IDC Quarterly Mobile Phone Tracker, Huawei and Xiaomi showed year-over-year unit
Dave & Buster's Entertainment (PLAY) reported a 0.5% rise in earnings for the first quarter of 2019 due to lower income taxes provision and higher total revenues. The bottom line exceeded analysts' expectations while the top line missed consensus estimates.
Whenever Amazon (Nasdaq: AMZN) forays into a new business, the traditional players turn cautious and look for ways to protect themselves. So, it is quite natural that the opposite happens when the e-commerce firm exits a particular line of business.
Slack Technologies Inc., which is going to list its Class A common stock directly on June 20 with a ticker symbol WORK on NYSE, reported its financial results for the first quarter ended April 30, 2019, on Monday after the
Microsoft Corporation (NASDAQ: MSFT) outpaced the tech titans Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) in the market capitalization as the future of Microsoft looks excellent backed by fast-growing areas like Xbox, Azure, Search Advertising, and LinkedIn.
H&R Block Inc. (NYSE: HRB) topped market expectations on revenue and earnings for the fourth quarter of 2019. After gaining briefly in premarket hours on Tuesday, the stock dropped by 1.6%. Total revenues dropped to $2.33 billion from $2.39 billion
Broadcom, Inc. (Nasdaq: AVGO), a leading manufacturer of semiconductor devices, is estimated to have retained its positive momentum in the second quarter. The company had a strong start to the year, benefitting from the stable demand for infrastructure software and
Lululemon Athletica’s (NASDAQ: LULU) stock hit an all-time high of $179.50 in April backed by the strong Q4 results and upbeat outlook. It’s worth noting that the retail industry has been hurt by multiple headwinds with most of them reported
After a busy 2018, the scale of merger and acquisition activity in the healthcare industry is expected to be high this year also. The industry is witnessing a new style of consolidation - non-traditional players entering the market through buyouts.
Thor Industries (NYSE: THO), a leading manufacturer of recreational vehicles, reported third-quarter net income of 59 cents per share, compared to $2.53 per share during the year-over period. The Q3 earnings include EHG acquisition-related costs of around $1.06 per share.
Tesla (NASDAQ: TSLA) stock has declined about 41% so far this year, touching a multi-year low of $177 on June 3. Even as the Elon Musk-led company swings between profits and losses and analysts remain divided on their opinions, we
