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Salesforce stock jumps on Q2 earnings beat, strong FY20 guidance
Enterprise software company Salesforce (NYSE: CRM) reported a decline in second-quarter earnings, despite a 22% increase in revenues. The results,…
Ross Stores beats estimates in Q2 but guides Q3 below consensus
Ross Stores (NASDAQ: ROST) reported a 6% jump in earnings in the second quarter driven by higher sales and a decline…
Overstock CEO Patrick Byrne steps down; stock gains
Patrick Byrne, CEO of online retailer Overstock.com (NASDAQ: OTSK) who stirred controversy recently after commenting on his involvement in an…
Hormel Foods Q3 profit declines 5% but beats estimates
Hormel Foods Corporation (NYSE: HRL) reported a 5% decline in earnings for the third quarter due to a higher effective tax…
Existing home sales rise to 5-month high in July, backed by low interest rates
Existing home sales rebounded in July after declining in the previous month as buyers sought to take advantage of the…
Analog Devices beats Q3 estimates; provides dismal outlook
Analog Devices (NASDAQ: ADI) surpassed the bottom line and top-line estimates for the third quarter of 2019. However, the weaker-than-expected…
Lowe’s reports better than expected Q2 earnings on strong comp sales; stock climbs
Lowe’s Companies, Inc. (NYSE: LOW), a provider of home improvement services, Wednesday said its second-quarter earnings rose 4%, aided by…
Cree Q4 profit beats estimates but guides Q1 below consensus
Cree Inc. (NASDAQ: CREE) reported a wider loss in the fourth quarter due to higher costs and expenses. Despite the…
Beyond Meat stock gets a boost after JP Morgan analyst finds it “appealing”
Several factors have worked in favor of alternative meat company Beyond Meat (NASDAQ: BYND) this year. The bullish sentiment was…
Baidu stock surges on Q2 earnings beat despite tough macros
Baidu (NASDAQ: BIDU) stock rose above 9% after the bell backed by better-than-expected second quarter results. After the disappointing Q1…
Streaming biz helps Sina Corp stay afloat despite slow adverting in Q2
Despite a slowdown in advertising revenues, Chinese technology firm Sina Corp (NASDAQ: SINA) posted second-quarter results that topped Street expectations. Net…