U.S. Markets News
Earnings Preview: Lululemon Athletica looks good ahead of Q4 earnings
Lululemon Athletica (LULU) will be the last firm in the retail sector that will be reporting its quarterly results in…
Forget all-time high: 4 headwinds that could hinder Starbucks’ growth
Starbucks Corporation (SBUX) stock soared to an all-time high of $72.43 on Thursday as the company said it will redesign…
Biogen ends Alzheimer’s Phase 3 trials, stock plunges above 28%
Shares of the biopharma firms Biogen (NASDAQ: BIIB) and Eisai Co. Ltd (ESALY) plummeted above 28% and 34% respectively at…
After 3 decades, denim giant Levi Strauss returns as a public company
After becoming a private company in 1985, the first blue jeans maker Levi Strauss returned to the public market today.…
Ford names Amazon veteran Tim Stone as finance chief, to succeed Bob Shanks
Ford Motor Company (F) announced Thursday that chief financial officer Bob Shanks will be retiring later this year. He will…
Canopy Growth accelerates US expansion plans with AgriNextUSA acquisition
The world’s largest cannabis company by market cap, Canopy Growth Corporation (CGC), on Thursday said it was acquiring US-based hemp…
Ingredion Inc declares quarterly dividend less that a month after Western Polymer takeover
Ingredion Inc (NYSE: INGR) on Wednesday announced that its board declared a quarterly dividend of $0.625 per share on the…
BMW’s profit warning sends shockwaves through the US auto industry
US auto stocks slipped into the red zone on Wednesday after Germany-based rival BMW said that it expects its profits…
Streaming race heats up: Contenders to loot Netflix space
Netflix (NFLX) has been facing stiff competition from streaming platforms like Amazon (AMZN) Prime Video, AT&T (T) Time Warner, and…