Rite Aid stock recovers after CEO exit, jobs cut
Rite Aid Corp. (RAD) stock has set its growing footprint on Wednesday as investors were satisfied with the top management...
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HSBC downgrade exposes chinks in Coca-Cola’s business strategy
Still struggling to recover from the impact of the selloff that followed last month’s quarterly report, shares of Coca-Cola (KO)...
Industry slump, reduced Apple outlook points to cloudy Micron Q2 earnings
Micron Technology (MU) is scheduled to post its second-quarter 2019 earnings on March 20. The question, however, is: will the...
Earnings: Dentsply Sirona Q4 profit beats despite revenue drop; stock jumps
Dentsply Sirona (XRAY), a provider of dental products and technology, reported a decline in earnings and revenues for the fourth...
Workday stock rises after beating Q4 earnings and revenue estimates
Enterprise cloud applications provider Workday (WDAY) reported a 35% increase in the revenue to $788.6 million for the fourth quarter. Earnings...
Earnings Preview: GW Pharma to widen losses in to-be-reported quarter
GW Pharmaceuticals PLC (GWPH) is expected to post its quarterly earnings on Feb. 26. Last week, GW Pharma saw its...
Cognex Q4 results tops estimates despite weak macros, stock surges 4%
Cognex Corporation (NASDAQ: CGNX) reported stellar results for the fourth quarter despite weak macros. The company’s stock price jumped above...
French competition regulator seeks clarification on Google Ads
Just weeks after France’s data protection watchdog slapped a $57.5 million fine on Alphabet’s Google Inc (GOOGL) for the alleged...
Northrop Grumman Q4 results beat; stock slips on weak guidance
During the quarter, adjusted net profit jumped to $851 million or $4.93 per share from $266 million or $1.52 per...
Luxembourg creates national ‘AI lab’ with NVIDIA
Luxembourg, one of the smallest countries in Europe, joined hands with microchip and graphics card giant Nvidia (NVDA) to launch...
Anthem’s stock gains 6% after Q4 results top expectations
Anthem Inc. (ANTM) reported better-than-expected revenue and earnings for the fourth quarter of 2018, sending the stock up over 6%...
Apple Q1 revenue drops but tops estimate; stock gains
Apple (AAPL), which is currently going through a bad phase amid falling overseas sales, reported better than expected earnings and...
GameStop plunges 22% after abandoning plans to sell itself
GameStop (GME) on Tuesday said it was abandoning its plans to sell the company, “due to the lack of available...
Amgen set to report Q4 earnings on Jan. 29. What’s in store?
Amgen (AMGN) will be reporting its fourth quarter and full-year 2018 earnings results on Tuesday, January 29 after market closes....
IBM stock rallies on upbeat guidance; Q4 results beat estimates
Shares of International Business Machines (IBM) rose sharply Tuesday after the management issued stronger than expected earnings guidance for fiscal...
Financial giant Morgan Stanley posts Q4 earnings below market expectations
Volatile global market environment pushed fourth-quarter revenue and profit of Morgan Stanley (MS) below Street expectations, as the financial giant reported...
Fiserv’s $22-bln buyout of First Data will redefine fintech, payment processing
After a year of hectic M&A activity, more US companies are taking the consolidation route to streamline operations and enhance...
Nissan might sue ousted chairman Carlos Ghosn
Renault SA chief and former Nissan Motor Co chairman Carlos Ghosn might be facing a civil suit from the carmaker...
BlackRock earnings fall short of estimates in the fourth quarter
BlackRock, Inc. (BLK) on Wednesday reported underwhelming financial results for the three months ended December 31, 2018, before the market...
JPMorgan beats estimates on Q4 revenues but misses on earnings
JPMorgan Chase & Company (JPM) reported better-than-expected revenues for the fourth quarter of 2018 but missed estimates on earnings. The...
Earnings preview: Weakness in trading business may drag Goldman’s Q4 results
For most financial service companies, which are reporting their latest quarterly results, the main concern is the ongoing softness in...