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General Electric hits 9-year low amidst divestiture spree

Ever since General Electric (GE) embarked on a mammoth restructuring program last year, its market value has been declining at…

Kroger join hands with China’s Alibaba

In a war to lead in the online supermarket sales, Kroger (KR) sets its footprint in China through its partnership…

Macy’s stock drops despite earnings beat

Macy’s Inc. (M) beat analyst expectations on sales and earnings numbers for the second quarter of 2018, despite sales seeing…

Retail stocks to consider ahead of the earnings assault

After Amazon (AMZN) changed the rules of the market, certain retailers bowed down while others evolved, learning from their mistakes…

Canadian Solar shares fall on worse-than-expected Q2 results and lowered outlook

Canadian Solar (CSIQ) shares fell after the company reported the second-quarter earnings and revenue that failed to meet the consensus…

As lira hits rock bottom, Turkey looks to boycott US electronics

With the dispute with Washington pushing the Turkish lira to its lowest ever, President Tayyip Erdogan announced that the Middle-Eastern…

Home Depot beats Q2 expectations and raises outlook

The Home Depot Inc. (HD) beat market estimates on both revenues and earnings for the second quarter of 2018. The…

Harley-Davidson stock falls on Trump backing boycott

Harley-Davidson (HOG) stock opened Monday's regular session lower and remained throughout the day in the negative territory. The shares were…

Earnings preview: Tapestry set to come out with flying colors once again

The fact that Tapestry (TPR) managed to stay consistent in the highly competitive and crowded retail sector makes the stock…

Netflix finance chief David Wells resigns

Netflix (NFLX) announced the resignation of David Wells as Chief Financial Officer, the post which he held for eight years.…

Lee, Wrangler brands to be spun off as a public company

As part of its strategy to focus on profitable businesses, VF Corp (VFC) said on Monday that it would spin…

Hulu and Fox: What lies ahead as they enter the Disney family?

Walt Disney (DIS) reported its third quarter results last week and although the company posted increases in all its metrics,…

Ex-employees slam Nike for harassment, file class-action suit

At a time when workers are becoming increasingly aware of their rights, be it workplace behavior or wages, one company…

A private Tesla could be more efficient than a public one

CEO Elon Musk’s idea of taking Tesla (TSLA) private makes sense on many grounds. Evidently, he wants to do it…

Dropbox tumbles on COO departure news

Investors sent Dropbox (DBX) shares down as much as 10% as it opened trading on Friday, concerned over the departure…

Intel stock drops after downgrade by Goldman Sachs

Intel’s (INTC) pioneering chip-making technology, which has been an inspiration for several emerging semiconductor companies, seems to have lost some…

Microchip Q1 earnings beat street view; stock falls on weak guidance

Revenues of semiconductor firm Microchip Technology (MCHP) rose sharply in the first quarter aided by strong demand for its flagship…

The first holographic smartphone is getting delayed

According to the latest reports, the most eagerly awaited Google (GOOGL) Android offering of the year, the Red Hydrogen One,…

Tribune-Sinclair merger falls flat amid regulatory intervention

An attempt by two leading media firms to join the consolidation wave sweeping the industry failed this week, days after…

Boeing’s Q3 deliveries to be hit as suppliers struggle with rising demand

On a visit to Boeing’s (BA) assembly plant in Renton, you would be amazed to find a large number of…

Viacom beats earnings expectations; misses on revenue

Viacom (VIAB) beat analyst expectations on adjusted earnings numbers for the third quarter of 2018 but missed out on revenue…