Sun Life Financial looks to the east to double Asia profit
Canada-based Sun Life Financial Inc announced that it expects Asia profit to double in the next five years due to...
Earnings
Celgene inks a deal with biotech start-up Skyhawk Therapeutics
Biotech start-up firm Skyhawk Therapeutics entered into a five-year deal with Celgene (CELG) in which it will receive an upfront...
Sonic tops Q3 earnings estimates; misses on revenue
Oklahoma based drive-in fast-food restaurant chain, Sonic Corp (SONC), surpassed third quarter adjusted earnings estimates, while missed slightly on revenue...
Warren Buffett ropes in Lee Enterprises to revive Berkshire newspapers
Warren Buffett’s Berkshire Hathaway (BRK-A) is seeking the service of industry experts to revamp its newspaper business, which is a...
JinkoSolar stock drops on weak quarterly results
JinkoSolar Holding (JKS) reported a 93.3% dip in earnings for the first quarter due to lower solar module shipments and...
Lennar smashes past street estimates in Q2
Shares of homebuilder Lennar (LEN) rose 2.6% during premarket trading after the company topped both top and bottom line estimations...
Campbell rallies on rumored deal with Kraft
Reports have emerged that Kraft Heinz (KHC) is interested in buying Campbell Soup (CPB), sending Campbell shares soaring 10% during...
AT&T buys AppNexus, will compete with Facebook and Google in digital ad space
Only a few days after getting the court’s green signal for the Time Warner deal, AT&T (T) has inked an...
Carnival Corp stock plunges on weak outlook despite upbeat 2Q results
Carnival Corporation (CCL/CUK) reported revenues and earnings that beat consensus estimates but the weak outlook made the stock trade in...
Bed Bath & Beyond Q1 2018 earnings preview
Bed Bath & Beyond (BBBY), that was once America’s favorite home retailer is struggling to get its footing despite a...
CarMax stock rises on upbeat results
CarMax (KMX) reported a 12.7% increase in earnings for the first quarter helped by the lower effective tax rate. The...
BlackBerry tops Q1 estimates; net loss widens
IoT and enterprise software-solutions provider BlackBerry Limited (BB) reported adjusted revenue and earnings that beat analyst estimates for the first...
Red Hat stock plunge on weak guidance; Q1 earnings tops estimates
Open source solutions provider Red Hat (RHT) reported yet another quarter of revenue growth, consistent with the trend it has...
Microsoft ups the ante on AI with Bonsai deal
Microsoft seems to be on a buying spree. Within 2 weeks after gobbling up code hosting platform GitHub for $7.5...
Earnings preview: Q1 will reveal the truth about BlackBerry as a service firm
It almost feels like a different era when people used to carry all those BlackBerry (BB) handsets that were dominated...
Darden stock jumps on upbeat quarterly results
Darden Restaurants (DRI) reported a 41% jump in profit for the fourth quarter helped by higher sales and an increase...
Kroger stock soars on Q1 earnings beat
Kroger (KR) reported better-than-expected results during Q1 2018, aided by its ongoing restock Kroger initiative. Total sales during the quarter...
Q4 Earnings: Gun sales miss the mark, but Smith & Wesson parent jumps 5%
With gun companies reporting sluggish sales and tapering stock prices, American Outdoor Brands (AOBC), the parent company of Smith &...
Micron stock falls despite Q3 earnings beat
Earnings of chipmaker Micron Technology (MU) increased sharply in the third quarter as higher product demand and strong execution pushed up...
Will Apple and Google top Disney’s $71-billion bid for FOX?
While Comcast looked like it was about to spoil the dream of every Marvel fan to see the Avengers teaming...
Winnebago shares rise on Q3 earnings beat
Shares of the recreational vehicle manufacturer Winnebago (WGO) surged more than 10% in the pre-market trading after the company beat...