Business News
CarMax Q4 earnings preview: Store expansion will offset impact of demand slump
CarMax (KMX) is slated to unveil its fourth-quarter financial results Friday before the opening bell. If the used-car retailer maintains…
Carnival Corp stock falls on weak guidance; Q1 results top expectations
Shares of Carnival Corporation (CCL) fell sharply in early trading Tuesday after the company lowered its full-year 2019 guidance to…
Cesca Therapeutics reports wider net loss for FY18 as sales fall
Cesca Therapeutics (KOOL) Monday reported a wider net loss for fiscal 2018 when revenues of the biotechnology firm declined sharply.…
New setback for Boeing as Airbus wins massive Chinese order
Days after Chinese aviation firms grounded Boeing (BA) planes following the deadly crash, rival aircraft maker Airbus this week won…
Earnings preview: What to expect when Paychex reports Q3 results
Business services provider Paychex (PAYX) will be reporting financial results for the third quarter of fiscal 2019 on Wednesday before…
Cintas stock drops on Q3 revenue miss; earnings beat Street view
Shares of Cintas Corp. (CTAS) declined Thursday during the extended trading session after its third-quarter revenues missed analysts’ estimate. Meanwhile,…
Ford names Amazon veteran Tim Stone as finance chief, to succeed Bob Shanks
Ford Motor Company (F) announced Thursday that chief financial officer Bob Shanks will be retiring later this year. He will…
Earnings preview: Pending deal with IBM puts spotlight on Red Hat’s Q4 report
Red Hat (RHT) has been drawing the attention of Wall Street ahead of its fourth-quarter report, due to the uncertainty…
Herman Miller Q3 profit beats on solid organic growth; stock jumps
Furniture maker Herman Miller (MHLR) reported a marked growth in third-quarter sales, aided by robust order growth across all business…
Tencent Music Entertainment stock plunges after in-line Q4 earnings
The adjusted earnings of Tencent Music Entertainment Group (TME) came in line with analysts’ estimates in the fourth quarter. The company's…
AMD stock rallies on tie-up with Google to build game streaming platform
For investors of Advanced Micro Devices (AMD), there seems to be a lot to cheer about this week. A day…
Earnings preview: Tiffany could take a beating from holiday slump, high costs in Q4
Tiffany & Co. (TIF), a leading manufacturer and retailer of designer jewelry, is scheduled to report the fourth-quarter 2018 results…
Earnings preview: Herman Miller to benefit from growing demand in Q3
The market is quite upbeat about the third-quarter financial performance of Herman Miller (MLHR), which is slated to announce the…
NASH drug developer Genfit plans $132-million US IPO, to list on Nasdaq
France-based biopharmaceutical firm Genfit (EPA: GNFT) has launched a global offering of its American Depository Shares and ordinary shares to…
Earnings preview: General Mills bets on pet-food division to sustain growth in Q3
General Mills (GIS), the company that makes the popular cereal brand Cheerios, is expected to report earnings of $0.69 per…
Tesla stock falls as Model Y launch fails to enthuse market
Tesla’s (TSLA) long-awaited Model Y crossover SUV, which was launched by CEO Elon Musk this week, seems to have left…
Amid high hopes, Tencent gets ready for first quarterly report after US debut
After its much-anticipated debut in the US stock market, China-based music streaming service Tencent Music (TME) will be reporting its…
Robust comparable sales drive Ulta Beauty’s Q4 profit higher; stock gains
Ulta Beauty (ULTA) reported an increase in fourth-quarter sales and earnings which also topped market expectations, aided by solid comparable…
Earnings preview: Innovation, digital push to drive Nike’s Q3 growth
After surviving the challenges posed by adverse market conditions, sneaker maker Nike (NKE) will be publishing its third-quarter earnings on…
Embraer slips to loss in Q4 on lower revenues
Brazilian aerospace company Embraer (ERJ) Thursday reported a net loss for the fourth quarter of 2018, compared to a profit…