LATEST
NYU professor who predicted Amazon-Whole Foods deal forecasts death of Tesla, 4 others
All hell broke loose during the weekend when Scott Galloway, a professor who teaches marketing at the NYU Stern School…
General Electric to freeze pension plans to cut down debt
General Electric (NYSE: GE) has announced three key strategic decisions related to its US retirement benefits in order to reduce…
HSBC to cut 10,000 jobs to reduce expenses
HSBC (NYSE: HSBC) is undertaking cost-cutting initiatives that could result in the reduction of up to 10,000 jobs. According to…
Costco Wholesale Q4 profit rises 5% but misses estimates
Costco Wholesale Corporation (NASDAQ: COST) reported a 5% rise in earnings for the fourth quarter of 2019 as higher merchandise…
Smart Global stock gets slammed on Q4 earnings and sales miss; provides dismal outlook
Shares of Smart Global Holdings (NASDAQ: SGH) plunged about 15% after the company missed earnings and sales estimates for the…
Constellation Brands Q2 profit beats; stock dips on loss from Canopy investment
Beverage company Constellation Brands (NYSE: STZ) reported a decline in second-quarter earnings, despite a modest increase in sales aided by…
Tesla Q3 deliveries rise on Model 3 orders
Tesla (NASDAQ: TSLA) delivered about 97,000 vehicles in the third quarter of 2019 backed by an increase in Model 3…
Bed Bath & Beyond tops Q2 earnings views
Bed Bath & Beyond's (NASDAQ: BBBY) Q2 earnings surpassed analysts' estimates, while sales fell short of the expectations. The home…
Paychex Q1 profit rises 8%, beats estimates
Paychex Inc. (NASDAQ: PAYX) reported an 8% increase in earnings for the first quarter of 2020 helped by client base…
Ford: 2019 has been a year of strategic partnerships
Ford Motor Company (NYSE: F) has been taking several steps to improve its operations and as part of these efforts,…
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…