U.S. Markets News

Cadillac will be General Motors’ (GM) flagship brand for electric vehicles, the company announced in a press release on Friday. This comes

Weight Watchers stock plunges to yearly low

Weight Watchers International Inc. (WTW) stock plunged to a yearly low of $31.58 on Friday as a weak start to the company's

Slack likely to make stock market debut this year through direct listing

After building a strong user base, direct messaging app Slack Technologies has been planning to go public for some time now. A

Accenture chief executive Pierre Nanterme resigns on health grounds

Accenture's (ACN) Chairman and Chief Executive Officer Pierre Nanterme resigned with immediate effect on health grounds. The company appointed CFO David Rowland as

Ironman Triathlon organizer Wanda eyes $500 million US IPO

Dalian Wanda Group, a Chinese multinational conglomerate with businesses ranging from property development to cinemas, has confidentially filed for the IPO of

Retail stocks hit hard by dismal holiday sales

As investors continued to punish retail companies after the lackluster holiday season, most of the leading store operators witnessed stock selloff Thursday.

Ford announces major restructuring and job cuts in Europe

If it was GM last year, this year it is Ford. Ford Motor Company (F) is said to be planning a major

Why airline stocks tumbled today

All major airline stocks took a beating on Thursday, with American Airlines (AAL) being the worst hit. The stock tumbled over 8%

Will Pier 1 Imports stock fall create an opportunity to buy?

Pier 1 Imports Inc. (PIR) stock has fallen over 82% in the past year and there are just a few days left

Lampert’s efforts to keep Sears alive might go in vain

Sears Holding Corp. (SHLDQ) has got a lifeline from Chairman Eddie Lampert that might save it from liquidation. According to a report

Blizzard Entertainment renews China deal amid faltering user growth

When Activision Blizzard (ATVI) partnered with China-based NetEase (NTES) more than a decade ago, the main attraction was the growing youth population

Apple vs. Amazon – Which is a better stock in 2019?

While the elite FAANG stocks were much sought-after at the beginning of last year, things took a grim turn around latter of

Macy’s stock stumbles on lowered FY18 outlook

Macy's Inc (M) reported holiday sales results for the month of November/December 2018 and cut down its outlook for FY18 from the

Hold on to your Apple stock, this storm shall pass

Apple Inc. (AAPL) was said to have slashed its iPhone production target for the first quarter of 2019 by 10%, which did

Rating upgrade breathes new life into Micron; stock rallies

Micron Technology (MU) got a big boost Wednesday after Bernstein Research upgraded the stock to outperform from market perform. The analyst sees

Apple sets Jan 29 for Q1 2019 earnings call

Following one of the worst market routs in its history, Apple (AAPL) is scheduled to conduct the first quarter 2019 earnings conference

Intuitive Surgical announces 2018 preliminary results after Fosun alliance in China

Minimally invasive surgery solutions company Intuitive Surgical (ISRG) on Wednesday announced selected unaudited preliminary fourth quarter and full year 2018 financial results.

After record deliveries in 2018, Boeing sees a fruitful year ahead