JM Smucker stock tanks on Q4 earnings, sales miss
Shares of food and beverages company JM Smucker (SJM) dropped sharply Thursday after its fourth-quarter results missed Wall Street estimates....
Earnings
Thor stock plunges on earnings miss; reports record Q3 sales
The world’s largest recreational vehicle manufacturer Thor Industries (THO) missed on earnings estimates for the third quarter, while revenue surpassed...
Five Below stock jumps on upbeat results and rosy outlook
Five Below (FIVE) reported a 160% jump in earnings for the first quarter helped by new stores performance, healthy comparable...
ConocoPhillips in talks to sell stake in Cenovus Energy
US oil producer ConocoPhillips (COP) is working towards dumping the stake it acquired last year in Calgary-based oil company Cenovus...
Calendar shift and Forex gains lift Signet Jewelers in first quarter
Signet Jewelers Limited (SIG) reported net sales of $1.5 billion for the first quarter of the fiscal year 2019, an...
Athenahealth CEO leaves; company ponders sale
Jonathan Bush, the chief of Athenahealth (ATHN), has stepped down from his role with immediate effect. The company has begun...
UK clearance for Fox-Sky deal sets the stage for fresh bidding war
Giving a new twist to one of the most fiercely fought buyout battles the corporate world has witnessed in recent...
Walmart’s Brazilian strategy appears to be on the right track
Walmart Inc. (WMT) is on a roll. The company, in its competitive efforts against Amazon (AMZN), is striking strategic deals...
Navistar lifts outlook after hike in quarterly results
Navistar International Corporation (NAV) reported a 16% increase in revenues to $2.4 billion for the second quarter of 2018 compared...
Microsoft plugs in code developing platform GitHub for $7.5 billion
Last weekend, there were unconfirmed reports that Microsoft (MSFT) plans to acquire open-source platform GitHub. The tech mogul that acquired...
Monsanto all set to disappear into Bayer
Bayer AG plans to close its $63-billion acquisition of Monsanto Company (MON) by this Thursday. Bayer said it would keep...
Palo Alto Networks posts upbeat third-quarter results
Palo Alto Networks (PANW) posted a narrower loss in the third quarter helped by a rise in other income and...
Abercrombie & Fitch beats estimates, stock up 5%
Casual wear retailer Abercrombie & Fitch (ANF) reported a beat on its earnings and revenue estimates for the first quarter...
Big Lots misses expectations in first quarter
Big Lots Inc. (BIG) reported net sales of $1.26 billion for the first quarter, down from $1.29 billion in the...
Lululemon Athletica stock jumps on strong outlook
Athletic apparel retailer Lululemon Athletica (LULU) reported a jump in earnings for its first quarter helped by an increase in...
Costco stock drops despite Q3 earnings beat
Earnings of warehouse club operator Costco Wholesale (COST) increased in the third quarter and came in slightly above market expectations,...
GameStop earnings plunge 52% in Q1
GameStop Inc. (GME) posted a decline of 5.5% in sales to $1.93 billion for the first quarter, sending earnings down as...
Ulta Beauty stock drops on weak quarterly outlook
Ulta Beauty (ULTA) reported a jump in earnings for the first quarter helped by strong retail comparable store sales, new...
American Eagle earnings top estimates on record revenues
Record high revenues and robust comparable store sales pushed up earnings of apparel retailer American Eagle Outfitters (AEO) in the...
Ciena stock dips on weak Q2 earnings
Ciena Corporation (CIEN) stock dropped more than 5% in the premarket session after second-quarter adjusted earnings missed Street’s expectations. The...
Dollar Tree falls short of expectations in Q1
Discount store chain Dollar Tree Inc. (DLTR) reported consolidated net sales of $5.55 billion for the first quarter of 2018,...