Powered by cloud, Adobe is set for a repeat performance
Adobe Systems (ADBE) has a history of delivering positive earnings surprises, and the recent quarters were no exception. When the...
Earnings
Kroger stock declines 9% on Q2 revenue miss
The Kroger Co. (KR) topped analysts’ expectations for Q2 earnings but slightly missed the mark on revenues. Identical-store sales, excluding...
Renesas set to acquire chipmaker IDT for $6.7 billion
Japanese firm Renesas Electronics announced its plans to buy US chipmaker Integrated Device Technology (IDTI) for $6.7 billion. The $49...
Sonos stock falls on weak Q3 results
Sonos Inc. (SONO) stock plunged more than 16% in the premarket session after the wider-than-expected third-quarter loss. Investors had widely...
Earnings preview: Investors cautious ahead of Kroger Q2 results
The Kroger Co. (KR) is scheduled to report second-quarter results before the opening bell on Thursday. The company will be...
Walgreens acquires pharmacy files from Fred’s for $165 million
Walgreens, a unit of Walgreens Boots Alliance (WBA) and Fred’s Inc. (FRED) entered into an agreement under which the former...
Verizon’s media arm suffers a fresh blow from CEO Armstrong’s exit
When Verizon (VZ) chose to christen its media and advertising arm as Oath – which houses struggling tech brands AOL...
Genesco posts highest comp sales in two years
Genesco Inc. (GCO) surpassed market expectations on revenue and earnings numbers for the second quarter of 2019. Net sales grew...
Apple Music hits a high note after Shazam buyout gets EU nod
Apple (AAPL) this week received the green signal from European regulators to go ahead with its planned acquisition of Shazam,...
Five Below stock climbs on rosy outlook
Five Below (FIVE) reported a 49% jump in earnings for the second quarter helped by new stores performance, healthy comparable...
Broadcom earnings soar above estimates, trigger stock rally
Benefitting from the growing demand for data center products, Broadcom’s (AVGO) earnings rose sharply in the third quarter and exceeded...
GameStop slides on weak Q2 profit
GameStop (GME) slipped to a loss in the second quarter due to a non-operating tax charge related to its tax...
Citi rebuilding gathers steam; investment banking gets a facelift
The corporate and investment banking division of Citigroup (C) will soon cease to exist as an independent unit. According to...
Barnes & Noble misses the mark for Q1 2019
Barnes & Noble Inc. (BKS) missed estimates on revenues and earnings for the first quarter of 2019. The retailer reported...
Dell Q2 revenues rise 17%; lifts full-year guidance
Revenues of Dell Technologies (DVMT) increased sharply in the second quarter amidst aggressive efforts to take the company public again....
Earnings: Navistar reports solid growth in revenue and profits for Q3
Navistar International Corporation (NAV) beat analyst estimates on earnings for the third quarter of 2018 but missed the mark on...
Cushman & Wakefield reports its first quarterly results
Cushman & Wakefield (CWK) reported a narrower loss in the second quarter, primarily driven by the increase in fee revenue...
Earnings preview: Be ready for another strong performance from Broadcom
Semiconductor firm Broadcom (AVGO) is scheduled to report its third-quarter results Thursday after the closing bell. The company is widely...
GameStop surges before earnings on a possible sale talk
GameStop (GME) is set to report results for the second quarter of 2018 on Thursday after the market closes. Analysts...
Earnings Preview: Less bling for Barnes & Noble
Barnes & Noble Inc. (BKS) is scheduled to report first-quarter 2019 earnings results on September 6. Analysts estimate Barnes &...
HD Supply Q2 results top expectations
HD Supply Holdings Inc. (HDS) beat market estimates on revenues and earnings for the second quarter of 2018, sending the...