Business News
Earnings Preview: Ciena to cash in on global growth, diversification in Q2
After starting the year on an upbeat note, network technology provider Ciena Corp. (NYSE: CIEN) is set to publish its…
Tiffany stock falls after Q1 sales miss estimates; earnings beat
Jewelry store operator Tiffany & Co. (NYSE: TIF) Tuesday reported lower sales and earnings for the first quarter of 2019.…
Nascar set to take over International Speedway in $2-billion deal
Picture Courtesy: Tim Trad (Unsplash) Racetrack operator International Speedway Corp. (Nasdaq: ISCA) Wednesday said it has agreed to be acquired…
Earnings Preview: Intuit to unveil upbeat Q3 results after busy tax season
Payroll solutions provider Intuit Inc. (INTU) will update the market this week about its performance during the tax season, typically…
Earnings: Urban Outfitters Q1 results beat Street view amid strong online sales
Benefitting from a double-digit increase in online sales, revenues of Urban Outfitters (Nasdaq: URBN) increased in the first quarter and…
Earnings Preview: Keep an eye on outlook when L Brands reports Q1 results
Fashion retailer L Brands (NYSE: LB) is expected to publish first-quarter results Wednesday after the closing bell. The event will…
Crisis looms: Falling demand, high costs bring Tesla to a crossroads
There has been growing apprehension among the stakeholders of Tesla (Nasdaq: TSLA) about its future, despite Elon Musk repeatedly promising…
Earnings Preview: Lowe’s marketing, merchandising efforts to pay off in Q1
When Lowe's Companies (Nasdaq: LOW) reports March-quarter results early Wednesday morning, it is expected to demonstrate improved operational efficiency aided…
Hewlett Packard Enterprise acquires supercomputer firm Cray for $1.3 Bil
In a strategic move that could bring fresh vitality to its operations, information technology company Hewlett Packard Enterprise (NYSE: HPE)…
Earnings preview: Target to ride high in Q1 on strength of comp sales
Target Corp. (NYSE: TGT) has remained resilient to the challenges in the fast-changing retail space as it maintained positive comparable…
Lyft stock gains for third day after favorable labor board decision
After the disappointing Wall Street debut last month, shares of Lyft (Nasdaq: LYFT) have continuously struggled to find a footing.…
Jack in the Box Q2 earnings beat Street view; revenues miss
Fast-food restaurant chain Jack in the Box (Nasdaq: JACK) reported higher earnings and revenues for the second quarter. Earnings topped…
Johnson & Johnson set to revitalize pharma biz; eyes ‘above-market’ growth
Drug maker Johnson & Johnson (NYSE: JNJ) is all set to embark on an extensive program to strengthen the product…