Can beer companies expect new fizz from their cannabis ventures?
The beer business is an area that usually remains unaffected by the general ups and downs of the market as...
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Earnings preview: Delta Air Lines headed for a mixed Q3
Delta Air Lines (NYSE: DAL) this week lost significant market value after the company issued third-quarter guidance that fell short...
Kroger might need to do more than cost-cutting to bounce back
After registering record e-commerce sales last year, grocery store chain Kroger (NYSE: KR) has been on a mission to transform...
Constellation Brands Q2 profit beats; stock dips on loss from Canopy investment
Beverage company Constellation Brands (NYSE: STZ) reported a decline in second-quarter earnings, despite a modest increase in sales aided by...
Strong pipeline and innovation make Novartis a sure bet, despite setbacks
The uncertainties surrounding drug development and intense competition are the primary challenges facing pharmaceutical companies, which also prompt investors to...
Retail space gets busy as firms see opportunity in healthcare
After witnessing a major transformation in recent years, the retail sector is probably entering a new phase with the leading...
Broadcom Q3 earnings beat; stock falls on revenue miss; confirms FY19 outlook
Defying the slowdown in the semiconductor market, chipmaker Broadcom (NASDAQ: AVGO) reported a sharp increase in third-quarter profit amid strong...
Oracle reports in-line Q1 earnings; CEO Mark Hurd to take leave of absence
Software giant Oracle Corporation (NYSE: ORCL) reported strong earnings growth for the first quarter as the thriving cloud business lifted...
Kroger beats Q2 earnings estimates but revenues fall short
The Kroger Co. (NYSE: KR) topped market estimates for earnings in the second quarter of 2019 but revenue fell short...
Aurora Cannabis stock drops after reporting Q4 results
Aurora Cannabis (NYSE: ACB) reported fourth quarter 2019 results and the topline missed the company’s estimates. ACB stock, which closed...
Tailored Brands stock plunges above 20% on weak Q3 guidance, suspends dividend
Tailored Brands (NYSE: TLRD) shares were halted at 2:31 PM ET with the exchange citing “pending of material news” from...
Earnings: Dave & Buster’s Q2 profit beats; stock falls on weak guidance
Dave & Buster’s Entertainment (NASDAQ: PLAY), an operator of leisure and event venues, reported higher earnings and revenues for the...
Zscaler stock plunges despite reporting upbeat Q4 results
Zscaler (NASDAQ: ZS) stock tumbled more than 15% as the earnings outlook was weaker than the market’s expectations. However, the...
GameStop reports massive losses for Q2
GameStop Corp. (NYSE: GME) missed revenue and earnings expectations for the second quarter of 2019, sending the stock crashing 16%...
Apple Special Event 2019 Live Update: Unveils iPhone 11 Pro, Apple Watch and more
Apple (NASDAQ: AAPL) kicked off its much-awaited launch event at the Steve Jobs Theater in Cupertino, California, Tuesday around 1:00...
McDonald’s continues tech push with Apprente buyout, to automate drive-thru
After boosting its innovation program with two major tech deals earlier this year, McDonald’s (NYSE: MCD) this week agreed to...
Ending the gaining streak, Snap stock enters correction mode
Media sharing platform Snap, Inc. (NYSE: SNAP) has been in the spotlight in recent weeks for the sharp movements of...
DocuSign Q2 earnings miss estimates but raise FY20 revenue forecast
DocuSign (NASDAQ: DOCU) reported a wider loss in the second quarter of fiscal 2020 due to higher costs and expenses. The...
Earnings: Ciena Corp. stock gains as Q3 results beat estimates
Network technology provider Ciena Corp. (NYSE: CIEN) reported a marked increase in third-quarter revenues and earnings, aided by the steady...
Earnings: Signet Jewelers Q2 results hurt by retail traffic softness
Signet Jewelers Ltd. (NYSE: SIG) reported a wider loss in the second quarter of 2020 due to goodwill impairment charges...
Smartsheet posts narrower-than-expected loss in Q2
Smartsheet (NYSE: SMAR) reported a wider loss in the second quarter of fiscal 2020 due to an increase in expenses....