Nike stock falls on cost concerns, despite Q1 earnings beat
Nike’s (NKE) North America recovery gathered steam in the first quarter when the company’s earnings jumped on strong revenue growth....
Earnings
Nothing very refreshing about Bed Bath and Beyond ahead of Q2 results
For a long time now, investors have been waiting for the good news from Bed Bath and Beyond (BBBY). Of...
Earnings Preview: Higher costs might drive CarMax profits down
CarMax Inc. (KMX) is scheduled to report second-quarter 2019 earnings on September 26. Wall Street estimates revenues will grow 7%...
Neogen Q1 profit climbs 28%, beats estimates
Neogen Corp. (NEOG) reported a 28% jump in earnings for the first quarter helped by tax benefits from employee stock...
Earnings: Manchester United sees scoring opportunity in 2019, despite weak Q4
The highest valued soccer club in the world, Manchester United (MANU), Tuesday raised its expectation for full-year 2019 results. Reporting...
Jabil Circuit Q4 earnings top estimates; stock gains
Jabil Circuit Inc. (JBL) reported a moderate increase in earnings for the fourth quarter when revenues gained sharply helped by...
FactSet slips after Q4 results miss estimates
FactSet (FDS) reported fourth quarter 2018 results which, despite seeing growth, missed market expectations sending the stock down 5% during...
Data alliance of tech giants sets the tone for new cloud culture
It may sound contradicting that enterprises across the world are moving their sensitive business data to cloud, at the same...
Danaos stock dips on weak Q2 results
Danaos Corp. (DAC) reported a 71% dip in earnings for the second quarter due to an increase in refinancing-related professional...
Ascena Q4 results crush street view; stock surges
Benefiting from strong demand growth across the board, especially for the LOFT brand, Ascena Retail (ASNA) turned to profit in...
Preview: Nike to report first earnings since Kaepernick backlash
Only about a month ago, on Labor Day, Nike (NKE) launched an ad campaign featuring controversial quarterback Colin Kaepernick, as...
Michael Kors to continue shopping spree with Versace, after Jimmy Choo
Luxury handbag retailer Michael Kors (KORS) is reportedly looking to acquire Italian luxury brand Versace for around $2 billion. There...
Comcast gets ready to welcome Sky into the family
Bringing a long-drawn saga almost to an end, Comcast Corp. (CMCSA) outbid 21st Century Fox (FOXA) for the ownership of...
Earnings Preview: Jabil Q4 earnings will not disappoint the market
Jabil Inc. (JBL) is set to report fourth quarter 2018 earnings Tuesday before the bell. The company is projected to...
Earnings calendar: Major companies reporting earnings this week
The market has been facing the escalating trade tensions quite often but investors are trying to shrug off these concerns...
Takeover battle for Sky to be resolved at weekend showdown
The long-drawn battle between American media giants Comcast (CMCSA) and 21st Century Fox (FOXA) to acquire British Pay-TV firm Sky...
IPO: Farfetch fetches further flair for fantastic finesse
For Farfetch (FTCH), this Friday was a dream debut as the online luxury retailer saw itself valued at a whopping...
Medtronic to acquire Mazor for $1.64 billion
Medtronic plc (MDT) has agreed to buy Mazor Robotics for $1.64 billion. The all-cash deal, which amounts to $29.25 per...
United Natural Foods stock drops on weak Q4 results
United Natural Foods Inc. (UNFI) reported a 15.6% dip in earnings for the fourth quarter due to a shift in...
Adobe to buy Marketo, defying Salesforce dominance
Adobe Systems (ADBE) has agreed to buy marketing software company Marketo for $4.75 billion. The largest ever deal for Adobe,...
Micron Q4 results crush estimates amid strong demand growth
Shares of Micron (MU) made strong gains Thursday after the chipmaker reported record high revenues for the fourth quarter, sending...