U.S. Markets News
Exxon Mobil stock slips after rating downgrade over investment plan
Exxon Mobil (XOM) lost significant market value Friday after it was hit by the double whammy of a rating downgrade…
SAExploration Holdings soars 50% on new projects
Shares of SAExploration Holdings (SAEX) soared over 50% during pre-market trading on Friday, after the Alaskan seismic exploration firm announced…
Annuity charges pull down profit as Navistar posts Q1 earnings
Trucking giant Navistar International (NAV) announced its first-quarter 2019 earnings before the opening bell on March 8, 2019. Navistar's quarterly…
Earnings: Delay in IRS filings widens Q3 pre-tax losses for H&R Block
The largest income-tax filing company in the world, H&R Block Inc. (HRB) posted its third-quarter 2019 earnings on Mar. 7,…
Trade war: Huawei launches offensive, suing the US government for ban
Global telecom hardware maker Huawei announced that it is suing the US Government, after it filed a lawsuit to challenge…
What are GE’s priorities for 2019?
General Electric’s (GE) shares were down 7.5% in mid-day trade on Wednesday, a day after J.P. Morgan analyst Stephen Tusa…
Tilray rides on successful cannabis harvest in Europe
Tilray’s (TLRY) stock made strong gains early Wednesday after the Canadian marijuana giant said its European arm had a very…
Chico’s stock in red despite better Q4 results
Shares of the specialty retailer Chico’s FAS (NYSE: CHS) were down 6% after the markets opened as the retailer provided…
Investor asks L Brands to consider Victoria’s Secret spin-off or Bath & Body Works IPO
L Brands Inc. (LB) is facing pressure from one of its investors to overhaul its business and make changes to…
HUD data revision points to weaker housing sector in the US
The US Department of Housing and Urban Development announced preliminary December home sales data on Tuesday, after being delayed by…
GM to begin production cut this week with closure of Ohio plant
The restructuring program kicked off by General Motors (GM) recently has reached a crucial phase, with the company doing preparations…
Earnings Preview: Improved demand might help Vivint Solar’s Q4 earnings
Shares of Vivint Solar (NYSE: VSLR) has jumped 41% this year as the solar market is expected to pick up…
Arcadia’s stock gains 28% on industrial hemp program license
Arcadia Biosciences Inc.’s (RKDA) shares were up 28% in premarket hours on Monday after the company received an industrial hemp…
Earnings preview: Will the new EVs lift Nio in Q4?
Even as Elon Musk continues to irk US regulators, Chinese counterpart Nio (NIO) has been raising its ante in capturing…
Baozun earnings preview: New brand additions likely to increase earnings and sales in Q4
The Shanghai, Chinese-based e-commerce solution provider Baozun (Nasdaq: BZUN) is set to report its fourth quarter and fiscal year 2018 earnings…
Under investor pressure, eBay commits to review of non-core businesses
Responding to the demand by activist investors to bring discipline to its operations, eBay (EBAY) has announced fresh initiatives under…
Major earnings to watch next week
A slew of major companies are reporting earnings for the week from March 4 till March 8. Cloud enterprise software…
RAM vehicles struggle to save falling Fiat Chrysler US sales in February
International automaker Fiat Chrysler is looking at another difficult time in the United States of America after all brands except…
Tesla’s stock hurt by Model 3 pricing and store closure revelations
Tesla Inc.’s (TSLA) shares were down over 5% in morning hours on Friday, a day after the company announced its…
Arcadia Biosciences enters cannabis market, shares soar 68%
The latest addition to the burgeoning marijuana industry is agricultural innovation company Arcadia Biosciences (RKDA), which has set up a…
Weight Watchers’ stock continues to get battered post-earnings
Weight Watchers International Inc.’s (WTW) shares are still down by 33% in mid-day trade on Wednesday after crashing on a…