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Bank holding company Wells Fargo (WFC), which has been under probe by many federal and state regulators for the last couple of
Bank holding company Wells Fargo (WFC), which has been under probe by many federal and state regulators for the last couple of years, reported preliminary revenue and earnings figures for the first quarter beating consensus estimates, contrary to last quarter’s
Global investment banking firm Citigroup Inc. (C) reported better-than-expected earnings for the first quarter of 2018, helped mainly by a marked gain in equity trading revenues and lower effective tax rate. The stock gained modestly after the announcement. First quarter
A huge round of applause for people who are still holding on to the General Electric (GE) stock – either you are amazingly stubborn or stubbornly amazing. These people have had it all -- from stock falling almost 56% to
BlackRock Inc. (BLK) reported a 16% increase in its first-quarter 2018 revenues to $3.5 billion, ahead of market expectations. Earnings on a GAAP basis rose 27% to $1.08 billion or $6.68 per diluted share compared to the prior-year period. Adjusted
PNC Financial (PNC) will kick-start this quarter’s bank earnings tomorrow at 6:45 AM ET and we are all ears with its top- and bottom-lines predicted to see year-over-year growth. We had earlier reported that banks are entering this earnings season
Amidst concerns over rising oil prices and overcapacity, Delta Air Lines (DAL), the biggest US carrier by market value, reported first quarter 2018 results, with reported net income declining 2.5% to $547 million and diluted EPS remaining flat year-over-year at
Domestic merchandise retail store chain Bed Bath & Beyond (BBBY) reported higher top line results for fourth quarter of 2017, pushed by growth in customer-facing digital channels which increased sales by 5.2% to $3.71 billion. Comparable sales for fourth quarter
Wholesale distributor of industrial and construction supplies Fastenal Company (FAST) reported double digit growth in its top and bottom line results, while the company missed street estimates. Net sales jumped 13.1% year-over-year to $1.18 billion, driven by higher unit sales,
Household chemicals manufacturer WD-40 Company (WDFC) reported positive top and bottom line results for its second quarter 2018, with profit spiking double digits and sales increasing by single digit. The results were positively impacted by growth from the company's EMEA
Agrochemical and agricultural biotechnology corporation Monsanto (MON) missed Wall Street profit forecast for its second quarter, while reporting a 6.6% growth in earnings, attributed mainly to newest soybean technologies, lower taxes and improved glyphosate pricing. Profit grew to $1.45 billion
Used vehicle specialty retailer CarMax (KMX) missed consensus estimates and reported modest sales growth for the fourth quarter of 2018 in light of lower store traffic along with flat conversions and a used unit comparable store decline of 8%. Net
The retail industry forms such an enormous and vital part of our lives. It provides us with food and clothes, and in fact, makes each and every tiny thing that we use in our daily lives. In other words, this
Welcome to the Silicon Valley. The tech industry is an ever-changing, ever-evolving industry where changes take place so rapidly, and trends disappear so fast that in a blink, you could go obsolete. Hence, this industry is one big bubbling pot
Medical device manufacturer AngioDynamics’ (ANGO) third quarter 2018 revenue fell short of consensus estimate. The company’s revenue dropped 2.1% year-over-year, while the US tax reform lifted the reported earnings and per share figures, which more than tripled for the quarter.
GameStop (GME) delivered strong revenue growth of 15% for the fourth quarter of 2017 beating analysts' expectations and sending the stock around 2% upwards after market close on Wednesday. But in today’s pre-market session, the stock lost its momentum due
Watchmaker Movado Group's (MOV) revenue and adjusted profit for fourth quarter 2018 beat analyst expectations. However, the company swung to a loss on a GAAP basis, impacted by expenses and amortization related to the Olivia Burton brand acquisition and the
Enterprise software and IoT giant BlackBerry (BB) continued its bad run for the fourth quarter, with revenue plunging 18.5% to $233 million, driven by a decline in handheld devices sales, which nosedived to $2 million from $55 million a year ago.
Red Hat reported solid growth in total revenues and subscription revenues for Q4 2018 and full year 2018. Quarterly results beat analyst expectations and sent the stock climbing upwards during the pre-market session today. The growth in total revenues for
Financial data and software company FactSet (FDS) reported splendid revenue growth for the second quarter of 2018, driven by increased sales of analytics products and content & technology solutions. Reported profit, however, took a plunge due to the non-recurring tax
Open source software giant Red Hat (RHT) reported its fourth quarter 2018 results with revenue jumping 22.8% to $772.3 million. However, profit on a reported basis was impacted by the one-time impact of the US Tax Cuts and Jobs Act.
True to its slogan, Accenture (ACN) delivered a solid performance for its second quarter of 2018 beating market expectations. Total revenues jumped 15% with the Consulting and Outsourcing segments growing 17% and 13% respectively from a year ago. The company
