GE to merge transportation unit with Wabtec
General Electric (GE) has agreed to merge its transportation unit with rail equipment manufacturer Wabtec Corp. (WAB) in a deal...
Earnings
Fox News appoints Suzanne Scott as its first female CEO
Suzanne Scott has been named Chief Executive Officer of Fox News and Fox Business Network. Scott, who was in charge...
Campbell Soup reports market-beating third quarter earnings
Campbell Soup Company (CPB) reported a 15% increase in sales to $2.12 billion for the third quarter of 2018, helped...
PayPal agrees to buy iZettle for $2.2 billion in the biggest acquisition till date
PayPal Holdings Inc. (PYPL) agreed to buy European payments services provider iZettle for $2.2 billion. The deal, which is expected...
Deere & Company reports earnings of $1.20 billion for Q2
Farming equipment maker Deere & Company (DE) missed on its earnings consensus estimate for the second quarter, while revenue climbed...
Poor comp sales hurt Nordstrom despite strong Q1 results
Nordstrom (JWN) reported better-than-expected first quarter results. The company is reporting its quarterly results for the first time since the...
Applied Materials sinks despite revenue and earnings beat
Applied Materials (AMAT), a supplier of semiconductor manufacturing equipment to chipmakers around the world, posted strong top and bottom line...
The Children’s Place stock slides on earnings miss
Specialty retailer of kids’ merchandise, The Children’s Place (PLCE), saw its stock slipping 3.26% on Thursday during pre-market trading. The...
JC Penney stock drops on weak quarterly performance and outlook
The department store chain J. C. Penney Company (JCP) reported a narrower loss in the first quarter helped by lower...
Walmart earnings gain from e-commerce push, top Street view
Walmart’s (WMT) efforts to revitalize its e-commerce business yielded the desired results in the first quarter when earnings rose sharply...
Jack in the Box reports disappointing 2Q results
Jack in the Box (JACK) second quarter results failed to meet Street estimates. The company reported its results Wednesday after...
Cisco reports earnings and revenue beat for Q3
Networking company Cisco (CSCO), which reported revenue growth for the first time in a couple of years last quarter, continued...
Take-Two Interactive posts upbeat Q4 results, but guides below expectation
Take-Two Interactive Software Inc. (TTWO) reported a drop in earnings for the fourth quarter as the company increased its spending...
Zoetis expands into veterinary diagnostics arena by acquiring Abaxis
Zoetis Inc. (ZTS), a former subsidiary of Pfizer (PFE), has agreed to acquire Abaxis Inc. (ABAX) for close to $2...
Macy’s first quarter results beat expectations; lifts outlook
Shares of Macy’s Inc. (M) were up 9% during the pre-market trading after it reported upbeat results for the first...
Canadian Solar reports better-than-expected Q1 results
Solar power company Canadian Solar (CSIQ) reported first-quarter earnings results that beat Wall Street expectations on both the top and...
Murdoch vs. FOX shareholders could be the new ‘Avengers vs. X-Men’
Rupert Murdoch is many things (including ‘inspiring’ a certain Bond villain.) A business veteran and a media tycoon, Murdoch is...
Home Depot stock drops as revenue miss estimates
Home Depot Inc. (HD) reported a 4.4% increase in sales to $24.9 billion for the first quarter of 2018 compared...
Agilent stock plunge on weak guidance
Agilent Technologies (A) continued its year-long streak of beating analysts’ earnings estimates and followed the same for the second quarter,...
Viacom deal hits fresh roadblock as CBS sues controlling shareholder
A lot has changed since CBS Corp. (CBS) and Viacom (VIAB) become two separate companies more than a decade ago...
Lilly’s oncology pipeline gets fresh boost with AurKa buyout
In a deal aimed at expanding its oncology portfolio further, Eli Lilly and Company (LLY) will acquire cancer drug maker...