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As Twitter (TWTR) replaces Monsanto on the S&P500, the social media giant enters a new level in the stock market game. With
As Twitter (TWTR) replaces Monsanto on the S&P500, the social media giant enters a new level in the stock market game. With other tech giants on a roll, including Netflix (NFLX) entering the S&P 100, this bullish behavior is even
Signet Jewelers Limited (SIG) reported net sales of $1.5 billion for the first quarter of the fiscal year 2019, an increase of 5.5% from the first quarter of 2018. The increase was driven by the addition of James Allen, a
The gaming industry has never enjoyed a better a time, thanks to an impressive line up from companies including Activision Blizzard (ATVI), Electronic Arts (EA) and Take Two (TTWO), as well as regular upgrades from console makers including Microsoft (MSFT),
With a healthy economy, restructuring attempts, and new technologies, few retail companies have managed to survive in the new online purchase era. Those who failed to match pace have gradually been out of the business. In 2017 itself, there were
A freefalling stock and progressively shrinking dividend are something investors dread the most, and things turn really depressing when it comes from one of the largest corporates in the world. It’s been a long time since investors heard anything positive
May was a good month for the US job market, with the unemployment rate declining 0.5 percentage points to 3.8%. In half a century, unemployment slipped this low only once before – in April 2000. The number of unemployed persons
Casual wear retailer Abercrombie & Fitch (ANF) reported a beat on its earnings and revenue estimates for the first quarter of this year. The stock continued its momentum of the year-long upward trend, jumping more than 5% in the premarket
Earnings of warehouse club operator Costco Wholesale (COST) increased in the third quarter and came in slightly above market expectations, supported by strong sales, both in stores and online. However, the company’s shares dropped in the after-hours trading on Thursday
GameStop Inc. (GME) posted a decline of 5.5% in sales to $1.93 billion for the first quarter, sending earnings down as much as 52.2% to $28.2 million. On an adjusted basis, earnings per share declined 39.6% to $0.38. The company, which saw
Shares of discount retailer Dollar General (DG) tumbled to 6.35% during pre-market trading after the company reported Q1 earnings and sales below market expectations. Despite significant weather-related headwinds faced during the first quarter, the company managed to post a 33.3%
PVH Corp (PVH) reported a 155% jump in earnings for the first quarter helped by broad-based strength across its businesses globally as well as strong momentum in its Tommy Hilfiger and Calvin Klein businesses. Revenue and EPS exceeded Street's expectations.
Guess? (GES) reported that its first quarter revenue grew 15% to $521 million aided by the strong performance from its Europe and Asian regions, and adjusted loss reduced to $0.23 per share from $0.24 per share reported last year. The
Cloud technology company Box, Inc. (BOX) reported a narrower net loss in the first quarter as revenues increased supported by a marked growth in customer base. Though the results topped street expectations, investors reacted negatively triggering a stock sell-off. The
Luxury handbag retailer Michael Kors (KORS) reported better-than-expected Q4 results, aided by the company’s strategy of product innovation. During the quarter, the company posted earnings of $0.29 per share, compared with a net loss of $0.17 a year earlier. Excluding
Analog Devices Inc. (ADI) reported revenues of $1.51 billion for the second quarter of 2018, an increase of 32% compared to the prior-year period. The increase in revenues was driven by R&D investments and a double-digit B2B revenue growth. GAAP
Earnings of Dick’s Sporting Goods (DKS) increased in the first quarter, aided by strong e-commerce growth and far exceeded estimates. The market responded positively to the impressive results and upward revision of full-year earnings outlook, driving the company’s stock up
HP's (HPQ) second quarter earnings surged 20% year-over-year to $0.48 per share and was in line with analysts’ expectations. Revenue, which topped Street’s estimates, grew 13% to $14 billion thanks to solid double-digit sales growth on both the PC and
Micron Technology (MU) is one of those rare Wall Street companies that consistently stayed in the positive territory, often defying adverse market conditions. The company’s stock, which maintained an uptrend since early April, gained further this week and hit an
Foot Locker (FL) reported its earnings before the opening bell today. The company's revenue grew 1% to $2.02 billion, while earnings increased 1.4% to beat analyst consensus, hitting $1.38 per share. Excluding special items, EPS climbed 6.6% to $1.45. The
Shares of sporting goods store Hibbett Sports (HIBB) fell more than 15% during the pre-market trading after the company failed to meet the consensus earnings estimate during the quarter. The company posted a 15% jump in its first-quarter earnings to
Clothing retailer Gap Inc. (GPS) posted better-than-expected top-line in the first quarter, while the bottom-line missed expectations. The stock dropped almost 7% following the results. The company's reported profit gained 14.6%, while diluted EPS came in at $0.42. Revenue climbed about
