Business News
Under Armour falls after weak outlook dampens investor sentiment
The writing on the wall was clear when sports apparel maker Under Armour (UA) predicted a few months ago that…
Beating the odds, Tesla is fast gaining traction in EV market
Having proved its critics wrong on multiple occasions, Tesla (TSLA) is probably becoming as enigmatic as its CEO Elon Musk.…
American Eagle Q3 earnings rise; stock falls on revenue miss, guidance
Specialty apparel retailer American Eagle Outfitters (AEO) reported higher revenues and earnings for the third quarter. However, the top-line and…
Shareholders clear decks for Dell to return to public markets
By securing shareholders’ approval for the buyout of Dell’s (DVMT) tracking shares, CEO Michael Dell Tuesday cleared probably the final…
Pfizer pares recent gains after JP Morgan slashes rating
The outlook for Pfizer (PFE) remains mixed as the drug maker gears up for a closely-followed leadership change early next…
Roadblock ahead as automakers bank on SUV boom to stay afloat
Sales of passenger cars dropped sharply in the US market last month, while shipments of SUVs and pickup trucks increased.…
Tivity Health set to redefine fitness market with Nutrisystem acquisition
The fitness industry has witnessed a lot of innovation in recent times as companies strive to cash in on the…
Earnings Preview: Q2 results may set the tone for Avid Bioservices’ recovery
Avid Bioservices (CDMO), a contract manufacturer in the biotechnology industry, is scheduled to release its second-quarter financial results Monday after…
Investor caution mounts as crypto market braces for a long lull
After so many ‘up and down’ cycles, cryptocurrencies now follow a clear pattern when they enter the bear market. While…
Blue Bird Q4 earnings miss amid high input costs; revenues beat
Blue Bird Corporation (BLBD), which designs and manufactures school buses, reported an increase in earnings for the fourth quarter when…
Broadcom stock jumps after Q4 results crush estimates
A further strong growth in demand across all the main business segments lifted Broadcom’s (AVGO) fourth-quarter earnings and revenues. Shares…
Fresh hope for Sears after chairman Eddie Lampert makes buyout offer
It surprised many when Eddie Lampert, chairman of embattled retailer Sears (SHLD), Thursday came up with a fresh offer to…
H&R Block stock drops after Q2 loss widens; revenues beat estimates
H&R Block (HRB) Thursday reported a wider net loss for the second quarter of 2019, owing to higher expenses and…
Five Below Q3 results beat street view; lifts FY18 outlook
A marked uptick in comparable store sales and new store openings pushed up earnings of discount store operator Five Below…
Boeing stock remains volatile as fallout from Lion Air crash deepens
Shares of Boeing Company (BA), which contributed significantly to the Dow Jones’ sharp gains at the beginning of the week…
Beverage industry stays on growth path as cola giants tweak product line
A recent survey showed that the value of the American soft drink industry is set to cross $350 billion by…
Toll Brothers stock falls on weak orders and outlook, despite Q4 beat
Shares of luxury homes builder Toll Brothers (TOL) fell sharply after the company reported a marked decline in new orders…
Logistics giants face turbulence as Amazon Air spreads wings
Amazon’s (AMZN) evolution into a diversified conglomerate has been marked by several surprises, and the rapid growth of Amazon Air…
American Outdoor Brands (AOBC) Q2 2019 Earnings Preview: What to expect from the gunmaker
Smith & Wesson gunmaker American Outdoor Brands (AOBC) is expected to announce second-quarter earnings results on Thursday, Dec. 6. For…
A bumpy ride ahead as Ford embarks on full-scale reorganization
Realizing the need to adapt to the changing market conditions, American automakers are busy revising their strategies. Following in the…
Dollar General (NYSE: DG) Q3 2018 earnings: discount store cuts outlook on disaster impact
Discount-store chain Dollar General (DG) saw third-quarter earnings jump 35.5% to $1.26 per share in line with analyst estimates. Net…