NYU professor who predicted Amazon-Whole Foods deal forecasts death of Tesla, 4 others
All hell broke loose during the weekend when Scott Galloway, a professor who teaches marketing at the NYU Stern School...
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General Electric to freeze pension plans to cut down debt
General Electric (NYSE: GE) has announced three key strategic decisions related to its US retirement benefits in order to reduce...
HSBC to cut 10,000 jobs to reduce expenses
HSBC (NYSE: HSBC) is undertaking cost-cutting initiatives that could result in the reduction of up to 10,000 jobs. According to...
Costco Wholesale Q4 profit rises 5% but misses estimates
Costco Wholesale Corporation (NASDAQ: COST) reported a 5% rise in earnings for the fourth quarter of 2019 as higher merchandise...
Smart Global stock gets slammed on Q4 earnings and sales miss; provides dismal outlook
Shares of Smart Global Holdings (NASDAQ: SGH) plunged about 15% after the company missed earnings and sales estimates for the...
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...
Tesla Q3 deliveries rise on Model 3 orders
Tesla (NASDAQ: TSLA) delivered about 97,000 vehicles in the third quarter of 2019 backed by an increase in Model 3...
Bed Bath & Beyond tops Q2 earnings views
Bed Bath & Beyond’s (NASDAQ: BBBY) Q2 earnings surpassed analysts’ estimates, while sales fell short of the expectations. The home...
Paychex Q1 profit rises 8%, beats estimates
Paychex Inc. (NASDAQ: PAYX) reported an 8% increase in earnings for the first quarter of 2020 helped by client base...
Lennar’s Q3 results beat expectations
Lennar Corporation (NYSE: LEN) beat revenue and earnings estimates for the third quarter of 2019, allowing shares to gain 3%...
Earnings: United Natural Foods stock tanks after Q4 results miss Street view
United Natural Foods (NYSE: UNFI) reported a sharp fall in its fourth-quarter earnings, despite strong revenue growth. The bottom line...
Stitch Fix surpasses Q4 earnings targets, misses on revenue
Online personal styling service provider Stitch Fix (NASDAQ: SFIX) reported mixed results for Q4 2019. The company reported earnings of...
Ford: 2019 has been a year of strategic partnerships
Ford Motor Company (NYSE: F) has been taking several steps to improve its operations and as part of these efforts,...
Intuit posts strong Q4 results, despite seasonal weakness
Payroll solutions provider Intuit Inc. (NASDAQ: INTU) said its revenues for the fourth quarter rose 15% to $994 million, surpassing...
HP Inc. beats Q3 earnings estimates; revenues in-line
HP Inc. (NYSE: HPQ) reported better-than-expected earnings for the third quarter of 2019 while revenues were in line with estimates....
Salesforce stock jumps on Q2 earnings beat, strong FY20 guidance
Enterprise software company Salesforce (NYSE: CRM) reported a decline in second-quarter earnings, despite a 22% increase in revenues. The results,...
Ross Stores beats estimates in Q2 but guides Q3 below consensus
Ross Stores (NASDAQ: ROST) reported a 6% jump in earnings in the second quarter driven by higher sales and a decline...
Overstock CEO Patrick Byrne steps down; stock gains
Patrick Byrne, CEO of online retailer Overstock.com (NASDAQ: OTSK) who stirred controversy recently after commenting on his involvement in an...
Earnings: BJ’s Wholesale Club Q2 profit exceeds expectations; revenues miss
BJ’s Wholesale Club Holdings (NYSE: BJ), which operates membership warehouse clubs, reported stronger than expected earnings for the second quarter...
Hormel Foods Q3 profit declines 5% but beats estimates
Hormel Foods Corporation (NYSE: HRL) reported a 5% decline in earnings for the third quarter due to a higher effective tax...
Keysight Technologies tops Q3 estimates; lifts 2019 outlook
Keysight Technologies (NYSE: KEYS) rose about 7% in the extended hours as the company beat third quarter 2019 estimates and...