Actuant crashes as outlook misses expectations despite results beat
Actuant Corporation (ATU) topped market estimates on sales and earnings for the fourth quarter of 2018. However, the earnings outlook...
Other Industries
Worthington Industries Q1 profit jumps 21%
Worthington Industries (WOR) reported a 21% jump in earnings for the first quarter helped by favorable pricing spread in Steel...
Omnova stock sinks as asset write-downs drag down Q3 earnings
Specialty chemicals firm Omnova Solutions (OMN) reported unimpressive results for the third quarter when revenues were impacted by the devaluation...
KB Home stock jumps on upbeat Q3 profit
Homebuilder KB Home (KBH) reported a 74% jump in earnings for the third quarter helped by continued growth in its...
Neogen Q1 profit climbs 28%, beats estimates
Neogen Corp. (NEOG) reported a 28% jump in earnings for the first quarter helped by tax benefits from employee stock...
Earnings: Manchester United sees scoring opportunity in 2019, despite weak Q4
The highest valued soccer club in the world, Manchester United (MANU), Tuesday raised its expectation for full-year 2019 results. Reporting...
Danaos stock dips on weak Q2 results
Danaos Corp. (DAC) reported a 71% dip in earnings for the second quarter due to an increase in refinancing-related professional...
General Electric loses power to hot 9-year low
General Electric (GE) stock opened lower on Monday and went on to touch a new yearly low of $11.60, which...
Preview: Nike to report first earnings since Kaepernick backlash
Only about a month ago, on Labor Day, Nike (NKE) launched an ad campaign featuring controversial quarterback Colin Kaepernick, as...
Amarin shares pump up on positive results from cardiovascular study
Amarin Corporation (AMRN) announced positive results from a clinical study in which Vascepa, an EPA drug, was used to treat...
Earnings Preview: Jabil Q4 earnings will not disappoint the market
Jabil Inc. (JBL) is set to report fourth quarter 2018 earnings Tuesday before the bell. The company is projected to...
Duke Energy operations hit by coal ash on NC river
Operations at Duke Energy (DUK) were hit by Hurricane Florence as well as a dam breach near one of its...
After the initial cheer, New Age Beverages experience a hangover
New Age Beverages (NBEV) has been in the limelight this week, especially after its shares skyrocketed 79% Thursday with a...
Medtronic to acquire Mazor for $1.64 billion
Medtronic plc (MDT) has agreed to buy Mazor Robotics for $1.64 billion. The all-cash deal, which amounts to $29.25 per...
Under Armour revs up restructuring program with 3% job cut
Athletic apparel company Under Armour (UA) is revising its business strategy amidst continuing squeeze on profitability from margin pressures. The...
Marijuana stock analysis: You can predict a pothead. A pot stock, not so much.
A full month ahead of complete cannabis legalization in Canada (Oct 17, 2018), medical marijuana company Tilray (TLRY) took a...
Herman Miller stock rises on upbeat Q1 results
Herman Miller Inc. (MLHR) reported an 8.2% jump in earnings for the first quarter helped by broad-based sales growth and...
Tilray soars on CEO’s optimistic views on marijuana industry
Shares of marijuana producer Tilray (TLRY) skyrocketed over 50% during today’s morning trading session and the stock hit a fresh...
FedEx misses Q1 profit estimates, stock slides
FedEx (FDX) reported a 40% jump in earnings for the first quarter helped by higher volumes, increased yields and a...
Hurricane Florence might not dent insurance industry as expected
While Hurricane Florence continues to batter the East Coast, latest updates suggest it might not hurt insurance firms as expected....
Higher Q1 deliveries likely to lift FedEx stock
FedEx (FDX) is going to announce the results a day ahead of the original schedule. The company is set to...