Lamb Weston Q2 profit jumps 55%, beats estimates
Frozen foods supplier Lamb Weston Holdings (LW) reported a 55% jump in earnings for the second quarter of fiscal 2019...
Retail
RPM International’s stock plunges 8% after Q2 results miss expectations
RPM International Inc. (RPM) missed market estimates on revenue and earnings for the second quarter of 2019, sending shares plummeting...
Earnings: Cal-Maine Foods swings to profit in Q2
Egg producer Cal-Maine Foods (CALM) swung to a profit of 45 cents per share in the second quarter of 2019,...
Competition and trade war may shatter Starbucks’ China dream
Starbucks’ (SBUX) reputation as the undisputed leader in the caffeinated beverage market was challenged in recent years due to the...
General Motors shares tumble on Q4 sales decline
Shares of General Motors (GM) fell over 2% on Thursday after the automaker said its sales fell 2.7% in the...
MGM Resorts announce restructuring plan to cut costs
MGM Resorts International (NYSE: MGM) on Thursday announced its plan to reduce costs, with it becoming imperative for the S&P500...
UniFirst Q1 profit jumps 12%, beats estimates
UniFirst Corporation (UNF) reported a 12% jump in earnings for the first quarter of fiscal 2019 helped by higher revenues...
Simply Good Foods Q1 earnings jump on strong sales growth
The Simply Good Foods Company (SMPL) Thursday reported an increase in net profit for the first quarter of 2019 when...
More Whole Foods stores in cards as Amazon continues expansion spree
After redefining the retail marketplace through digital onslaught, Amazon (AMZN) is currently shifting focus to its physical retail strategy. The...
Recovery hopes brighten after GE starts 2019 on a positive note
Extending the positive momentum seen towards the end of last year, General Electric (GE) started 2019 with a surprise gain....
Resolute closes $300-million sale to boost financial flexibility
Resolute Forest Products (RFP) announced that it completed the $300-million sale of the Catawba, South Carolina, paper and pulp mill...
Sears liquidation looms closer than ever
Sears Holding Corp. (SHLDQ) is facing liquidation as early as tomorrow. The company’s last hope is hinged on a $4.6...
Johnson & Johnson will spend more time in court in 2019
The tainted talc has been snowballing into a gigantic threat since 2016, and things are not looking good as Johnson...
Happy New Year: Nearly half the US to get a minimum wage hike in 2019
Nearly half the US is getting a better New Year, as 22 states are just days away from raising the...
Indian govt delivers Amazon, Flipkart a rude shock with new e-comm rule
India was perceived as a fertile ground for e-commerce growth by both Amazon (AMZN) and Walmart-owned local rival Flipkart, both...
Rite Aid stock plunges to 9-year low
Rite Aid (RAD) stock plunged to 9-year lowest of $0.61 on Thursday. Investors remained concerned on the future of the...
Report says 2018 US holiday season was best in six years
The US retail industry recorded its strongest holiday shopping season in six years, according to a report by Mastercard SpendingPulse....
Amazon sells more items than ever before this holiday season
Amazon (AMZN) on Wednesday said it had a record-breaking holiday season, with the number of orders hitting a new peak....
Market: US futures set to higher open after Christmas Eve meltdown
US futures are pointing to a higher open in the stock market today after ending negative on Monday. Wall Street...
Bed Bath and Beyond stock sinks to 5-year low
Bed Bath and Beyond (BBBY) stock plunged to a new five-year low of $10.46 on Monday as investors were concerned...
Brexit crisis could hurt UK retailers next year
Retailers in the UK, which are already reeling under pressure due to increased competition from online stores, are heading towards...