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Bed Bath & Beyond stock gains after Q1 profit beat Street view; comps down 7%
Furnishing retailer Bed Bath & Beyond (Nasdaq: BBBY) reported a marked decline in first-quarter earnings, hurt by muted same-store performance.…
PriceSmart Q3 profit dips 25% but meets estimates
PriceSmart Inc. (NASDAQ: PSMT) reported a 25% dip in earnings due to higher costs and expenses despite higher revenue. The…
Mylan under pressure as shortage of anti-allergy injector persists
Pharmaceutical company Mylan (Nasdaq: MYL), which has been facing criticism for the short supply of its anti-allergy injector EpiPen, suffered…
Is Adobe’s future linked to stock climbing to record high?
Adobe Inc. (NASDAQ: ADBE) stock soared to a record high of $309.32 on Wednesday as the software solutions provider will…
Nio deliveries rise in June, ending a two-month losing streak
Chinese premium electric car-maker Nio (NYSE: NIO) delivered 1,340 units of its seven-seater SUV ES8 and five-seater SUV ES6 in…
Is Advaxis exhausting its financial resources with the stock hitting a record low?
Advaxis Inc. (NASDAQ: ADXS) stock plunged to a record low of $1.54 on Tuesday as the late-stage biotech company has…
Cisco reinforces optical networking with $2.6-billion acquisition of Acacia
Taking forward the initiatives to ramp up its networking portfolio, Cisco Systems (Nasdaq: CSCO) Tuesday agreed to acquire Acacia Communication…
Stranger Things season 3 is driving Netflix stock
Netflix (NASDAQ: NFLX) is proving time and again why it is the best at original content streaming. In yet another…
Will the June inflation prompt the Fed to cut rates?
The Labor Department is scheduled to report the consumer price index for the month of June on Thursday. The annual…
Cronos Group ropes in Mondelez executive to drive innovation in product development
Global cannabinoid firm, Cronos Group (NASDAQ: CRON) on Tuesday announced the appointment of Dr. Todd Abraham as its Chief Innovation…
Lindsay Q3 profit dips 72%, misses estimates
Lindsay Corporation (NYSE: LNN) reported a 72% dip in earnings for the third quarter of fiscal 2019 due to lower…
Renewing turnaround hopes, HSBC ropes in Citi veteran Michael Roberts as US head
HSBC Bank (NYES: HSBC) has been revamping its US business for a long time, to come out of the overall…
Cisco-rival Dynatrace files IPO prospectus, to list on NYSE
Software company Dynatrace Holdings LLC looks to go public by raising $300 million in an initial public offering. The company…
Apple’s stock drops on analyst downgrade and bleak iPhone outlook
Apple Inc.’s (NYSE: AAPL) shares were down by 2.1% in midday trade on Monday after Rosenblatt Securities downgraded the stock…
Verizon slips after Citi downgrades stock citing wireless pricing headwinds
Shares of Verizon (NYSE: VZ), the second largest telecom company in the US, declined early Monday after Citi downgraded the…
Electronic Arts slips after Apex Legends season-2 fails to enthuse gamers
Shares of Electronic Arts (Nasdaq: EA) dropped about 5% Friday as the market sentiment was hit by reports that Apex…
Samsung forecasts a 56% drop in Q2 earnings
Korean smartphone giant and Apple’s (NASDAQ: AAPL) primary rival, Samsung, on Friday, said it expects to see a 56% drop…
Partnerships galore in the world of autonomous vehicles
Autonomous vehicles form an integral part of the future plans of major automobile companies and several carmakers have announced partnerships…