Business News
American Express stock falls after Q1 revenues miss estimates; earnings beat
Benefitting from higher cardmember spending and loan volumes, revenues of American Express Company (NYSE: AXP) increased in the first quarter.…
Domino’s Pizza (DPZ) stock spikes after rating upgrade by Morgan Stanley
Domino’s Pizza (NYSE: DPZ) got a major boost Wednesday after Morgan Stanley came out with bullish views on the fast…
Earnings: Crown Castle (CCI) stock gains on Q1 earnings beat; maintains FY19 outlook
Crown Castle International (NYSE: CCI), a provider of wireless communication solutions, Wednesday said that earnings and funds from operations increased…
Earnings: Morgan Stanley Q1 revenue dips on weak trading; earnings beat
Financial services giant Morgan Stanley (NYSE: MS) reported better than expected earnings and revenues for the first quarter, despite a…
Intel (INTC) acquires UK-based programmable chip maker Omnitek
While continuing its expansion initiatives under the new CEO, Intel Corporation (NASDAQ: INTC) seems to be shifting focus to new…
Earnings preview: American Express (AXP) to cash in on cardmember spending, partnerships in Q1
American Express Company (NYSE: AXP) will be unveiling its first-quarter earnings Thursday before the opening bell. Wall Street analysts expect…
Campbell Soup (CPB) close to selling Bolthouse Farms as debt mounts
As part of the initiatives to streamline operations and achieve financial stability, Campbell Soup (NYSE: CPB) continues to dump its…
Tesla (TSLA) puts brake on Gigafactory expansion; stock slips
Shares of Tesla (Nasdaq: TSLA) dropped 4% early Thursday after the electric car maker suspended the expansion initiatives at its…
Google (GOOG) hikes YouTube TV price to $50 as it adds more channels
By next month, customers of YouTube TV will be shelling out more to enjoy their favorite videos and movies. Google…
Earnings: Delta Air Lines (DAL) stock gains after Q1 results beat estimates
Aviation company Delta Air Lines (NYSE: DAL) reported a sharp increase in adjusted earnings for the first quarter, helped by…
Under Armour (UAA) stock drops after survey warns of weakening shoe sales
The continuing slowdown in sales in the local market seems to be taking a toll on Under Armour (NYSE: UAA),…
Disney (DIS) stock gains after analyst turns bullish on streaming service, Star Wars
Thriving on the positive sentiment that followed the acquisition of Fox’s (Nasdaq: FOXA) assets recently, Walt Disney Company (NYSE: DIS)…
Novartis (NVS) stock falls after Alcon spin-off; predicts stable growth ahead
Nearly a year after laying out its transformation strategy, with focus on demerging underperforming business units, Novartis (NYSE: NVS) Tuesday…
Pinterest sets IPO price below recent valuation
Joining the new wave of tech startups seeking to enter the stock market, social media company Pinterest on Monday moved…
Earnings: ReneSola slips to loss in Q4 on lower revenues, higher costs
ReneSola (SOL) reported a net loss for the fourth quarter compared to profit a year earlier as revenues of the…
Lyft stock finally regains footing, rises above IPO price
Ridesharing platform Lyft (LYFT) recovered from the recent volatility and lifted the spirits of the market Friday, a week after its…
Intel slips after downgrade by Wells Fargo citing competition, low demand
Semiconductor giant Intel Corp. (Nasdaq: INTC) suffered a jolt Friday morning after Wells Fargo (WFC) lowered its rating on the…