Business News
Retail space gets busy as firms see opportunity in healthcare
After witnessing a major transformation in recent years, the retail sector is probably entering a new phase with the leading…
Overstock CEO Patrick Byrne steps down; stock gains
Patrick Byrne, CEO of online retailer Overstock.com (NASDAQ: OTSK) who stirred controversy recently after commenting on his involvement in an…
Earnings preview: Hewlett Packard’s strained topline dims Q3 recovery hopes
Revenues of Hewlett Packard Enterprise (NYSE: HPE) has been witnessing significant volatility for some time. However, the ongoing shift to…
Earnings preview: Foot Locker set to deliver mixed Q2 results amid weak outlook
Foot Locker (NYSE: FL) disappointed investors when it reported weaker-than-expected results for the first quarter a few months ago, sending…
Lowe’s reports better than expected Q2 earnings on strong comp sales; stock climbs
Lowe’s Companies, Inc. (NYSE: LOW), a provider of home improvement services, Wednesday said its second-quarter earnings rose 4%, aided by…
Beyond Meat stock gets a boost after JP Morgan analyst finds it “appealing”
Several factors have worked in favor of alternative meat company Beyond Meat (NASDAQ: BYND) this year. The bullish sentiment was…
Toll Brothers Q3 earnings preview: Weak demand likely to weigh on sales
Toll Brothers (NYSE: TOL) disappointed investors in March when it issued weak guidance while reporting above-consensus results for the second…
After fraud allegation spurs selloff, General Electric (GE) stock rebounds as CEO pitches in
Shares of General Electric (NYSE: GE) on Thursday suffered their biggest intra-day loss in recent times and closed the session…
Earnings preview: Will Urban Outfitters emerge from the slump in Q2?
There has been a great deal of concern among investors about Urban Outfitters (NASDAQ: URBN) due to the lifestyle retailer’s…
Nvidia Q2 earnings, revenue drop but beat estimates; stock gains 6%
Semiconductor firm Nvidia Corporation (NASDAQ: NVDA) reported lower earnings and revenues for the second quarter. The results, however, topped the…
Earnings preview: Comps recovery in cards when Home Depot reports Q2 results
Home improvement retailer Home Depot (NYSE: HD) will be reporting second-quarter results on August 20 at 6:00 AM ET, after…
Canopy Growth stock falls on wider-than-expected Q1 loss; revenue surges
Canopy Growth (NYSE: CGC) Wednesday said its first-quarter revenues more than tripled, aided by solid harvest. However, the cannabis firm…
Earnings: Cisco Q4 profit beats Street view; stock falls on weak guidance
Network gear maker Cisco Systems (NASDAQ: CSCO) Wednesday said its fourth-quarter earnings increased from last year on broad-based revenue growth.…
Earnings: Huya Q2 results top expectations on solid user growth; stock gains 7%
Benefitting from the steady expansion of its user base, earnings of China-based esports streaming platform Huya, Inc. (NYSE: HUYA) increased…
Earnings preview: Deere & Company poised to deliver mixed results for Q3
Deere & Company (NYSE: DE) is one among the Wall Street firms affected by the trade war. At a time…
Alibaba Q1 earnings preview: Cloud, core commerce to drive growth
Chinese e-commerce firm Alibaba Group (NYSE: BABA) has been thriving on the strength of its cloud business and the rapidly…