Open-source software company Red Hat, Inc. (NYSE: RHT), which is on the way to becoming a part of International Business Machines (IBM),
Earnings preview: What to expect from Red Hat’s Q1 report
Categories
Business News
Earnings preview: Oracle braces for mixed Q4 amid cloud transition woes
Shares of software giant Oracle (NYSE: ORCL) hovered near the peak once again this week, after retreating from last month’s record high.
Pfizer boosts oncology portfolio with $10-Bil acquisition of Array Biopharma
In a sign that the consolidation wave that swept in the pharmaceutical industry last year is likely to continue, Pfizer (NYSE: PFE)
Fang Holdings slips to loss in Q1 on lower revenues; stock falls
Picture courtesy: Thomas Lefebvre (Unsplash) Shares of Fang Holdings Ltd (NYSE: SFUN) dropped about 10% early Monday after the company unexpectedly reported
Pet supplies retailer Chewy surges 70% on Wall Street debut
Picture courtesy: Crepessuzette (Pixabay) Online pet supplies retailer Chewy (NYSE: CHWY) had a blockbuster Wall Street debut Friday as the shares surged
Earnings preview: Adobe to keep up the momentum in Q2 on cloud power
The main strength of Adobe (Nasdaq: ADBE) is the steady demand for its products across all business segments, especially Digital Experience. While
Cryptocurrency debut may not be a cakewalk for Facebook
It’s been several months since Facebook (Nasdaq: FB) unveiled the plan to bring out a cryptocurrency, probably a move aimed at entering
Airline stocks shine after American pushes through another fare hike
Days after taking the hard decision to extend flight cancellations into the busy travel season, in connection with the grounding of Boeing
Disney gains after Morgan Stanley turns bullish on new streaming service
Seeing the great potential for Disney Plus, the soon-to-be-released streaming service from Walt Disney (NYSE: DIS), Morgan Stanley Thursday upgraded the entertainment
Duluth Holdings Q1 loss widens despite higher sales
Picture courtesy: Tony Webster (flickr) Duluth Holdings (Nasdaq: DLTH) reported a wider net loss for the first quarter of 2019, despite a
Top biotech stocks to be considered for investment this year
When the massive selloff battered Wall Street in the final months of 2018, biotechnology stocks were no exception. And, most of them
Tailored Brands Q1 results top Street view; stock falls on weak guidance
Specialty apparel retailer Tailored Brands (NYSE: TLRD) reported lower sales and earnings for the first quarter of 2019, reflecting the continued slump
Rating downgrade of Lam Research dampens recovery hopes; stock dips 4%
The recovery of Lam Research (LRCX) from last year's lows had received a boost after the latest earnings report but the momentum
Grubhub stock rallies after Amazon exits food delivery business
Whenever Amazon (Nasdaq: AMZN) forays into a new business, the traditional players turn cautious and look for ways to protect themselves. So,
Duluth Holdings to report loss in Q1 as margins remain under stress
Picture courtesy: Tony Webster (flickr) Duluth Holdings (Nasdaq: DLTH), a retailer of casual wear and accessories, will be publishing financial results for
Earnings preview: Broadcom poised to maintain strength in Q2
Broadcom, Inc. (Nasdaq: AVGO), a leading manufacturer of semiconductor devices, is estimated to have retained its positive momentum in the second quarter.
These deals set a new paradigm for healthcare industry
After a busy 2018, the scale of merger and acquisition activity in the healthcare industry is expected to be high this year
Earnings Preview: What’s in the cards for Thor Industries in Q3
Thor Industries (NYSE: THO), a leading manufacturer of recreational vehicles, is slowly regaining momentum after losing significant market value last year. The
Earnings: DocuSign Q1 results surpass estimates but stock falls
DocuSign (Nasdaq: DOCU) reported an increase in adjusted earnings and revenues for the first quarter. The results also came in above expectations.
Earnings: Ciena stock gets a boost after Q2 results top expectations
Network technology provider Ciena Corp. (NYSE: CIEN) reported a sharp increase in second-quarter revenues and earnings, aided by the diversification initiatives and
Earnings: Elastic reports in-line loss for Q4; revenue up 63%
Open source search service provider Elastic (NYSE: ESTC), which debuted on the New York Stock Exchange in October last year, reported a