Earnings preview: Higher costs likely to dampen BlackRock’s Q4 results
BlackRock Inc. (BLK) will report earnings results for the fourth quarter of 2018 on Wednesday, January 16. Wall Street expects...
Earnings
Earnings preview: Bank of America to benefit from trading in Q4
Bank of America (BAC) is set to report its earnings for the fourth quarter on Wednesday before the bell. Investors...
Aurora gets bigger with Whistler buyout as cannabis boom gains traction
The cannabis market seems to be on the verge of an explosion – with the majority of companies expediting their...
Newmont to acquire Goldcorp for $10 billion to create gold mining giant
Newmont Mining Corporation (NEM) agreed to acquire Goldcorp Inc. (GG) for $10 billion in an all-stock deal, which is expected...
Shaw Communications stock jumps on upbeat Q1 earnings
Shaw Communications Inc. (SJR) reported a 68.5% jump in earnings for the first quarter helped by continued growth in Wireless,...
Aviation slowdown might catch up with United Airlines in fourth quarter results
United Airlines parent United Continental Holdings (UAL) has been having a good run so far, but the slowing trend in...
Citigroup Q4 revenue drops on weak bond trading; earnings beat
Citigroup (C) reported an increase in fourth-quarter earnings, which also exceeded market expectations, mainly reflecting the bank’s cost-cutting initiatives. Revenues,...
Delta Air Lines stock might see further slide after posting fourth-quarter results
The past two months have been rough on Delta Air Lines (DAL) after shareholders punished the stock on dismal expectations...
Companies reporting earnings this week: Jan 14 – 18
A slew of major companies are reporting earnings this week. The third largest US bank, Citigroup (C) will announce fourth-quarter...
GM’s bullish view on restructuring, profitability sends stock soaring
In an indication that the ongoing restructuring program is progressing as planned, General Motors (GM) Friday released a bullish outlook...
Chinese giant Zijin Mining buys rest of Nevsun Resources
Chinese exploration giant Zijin Mining (Shanghai:601899) (Hong Kong:2899) on Friday announced that it would buy all issued and outstanding shares...
Archer Daniels Midland buys Florida Chemical from Flotek Industries
Flotek Industries, Inc. (FTK) on Friday announced its plan to sell its unit Florida Chemical Company to Archer Daniels Midland...
Infosys Q3 revenue beats estimates; earnings miss
Infosys (INFY) reported better-than-expected revenues for the third quarter of 2019 while earnings came in shy of estimates. The stock...
Retail stocks hit hard by dismal holiday sales
As investors continued to punish retail companies after the lackluster holiday season, most of the leading store operators witnessed stock...
Synnex stock rises on upbeat Q4 results, guidance
Synnex Corp. (SNX) reported a 24.3% jump in earnings for the fourth quarter helped by strong demand in Technology Solutions...
American Airlines sets Jan 24 for Q4 2018 earnings call
Despite the economic uncertainty threatening the demand of airlines, American Airlines Group Inc. (AAL) is scheduled to conduct the fourth...
Target stock dips after announcing 2018 outlook, CFO change
Retail giant Target Corp (TGT) on Thursday saw its stock plummet 5.3% to as low as $66.53 after posting its...
Plug Power predicts preliminary 2018 revenue to jump 40% from a year ago
Plug Power on Wednesday announced preliminary revenue of $182-185 million for 2018, jumping 40% from last year. Plug Power also...
VOXX International beats Q3 earnings estimate but misses on revenue
VOXX International Corporation (VOXX) reported better-than-expected earnings for the third quarter of 2019 but revenues missed estimates. The stock was...
WD-40 reports in-line Q1 earnings and beats sales predictions
Specialty chemicals company WD-40 Company (WDFC) reported its first quarter earnings after the market closed today. The company reported earnings of $0.95...
KB Home Q4 profit jumps 15%, beats estimates
Homebuilder KB Home (KBH) reported a 15% jump in earnings for the fourth quarter helped by the reduction in federal...