Earnings preview: Tapestry set to come out with flying colors once again
The fact that Tapestry (TPR) managed to stay consistent in the highly competitive and crowded retail sector makes the stock...
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Netflix finance chief David Wells resigns
Netflix (NFLX) announced the resignation of David Wells as Chief Financial Officer, the post which he held for eight years....
Lee, Wrangler brands to be spun off as a public company
As part of its strategy to focus on profitable businesses, VF Corp (VFC) said on Monday that it would spin...
Hulu and Fox: What lies ahead as they enter the Disney family?
Walt Disney (DIS) reported its third quarter results last week and although the company posted increases in all its metrics,...
Ex-employees slam Nike for harassment, file class-action suit
At a time when workers are becoming increasingly aware of their rights, be it workplace behavior or wages, one company...
A private Tesla could be more efficient than a public one
CEO Elon Musk’s idea of taking Tesla (TSLA) private makes sense on many grounds. Evidently, he wants to do it...
Dropbox tumbles on COO departure news
Investors sent Dropbox (DBX) shares down as much as 10% as it opened trading on Friday, concerned over the departure...
Intel stock drops after downgrade by Goldman Sachs
Intel’s (INTC) pioneering chip-making technology, which has been an inspiration for several emerging semiconductor companies, seems to have lost some...
Microchip Q1 earnings beat street view; stock falls on weak guidance
Revenues of semiconductor firm Microchip Technology (MCHP) rose sharply in the first quarter aided by strong demand for its flagship...
The first holographic smartphone is getting delayed
According to the latest reports, the most eagerly awaited Google (GOOGL) Android offering of the year, the Red Hydrogen One,...
Tribune-Sinclair merger falls flat amid regulatory intervention
An attempt by two leading media firms to join the consolidation wave sweeping the industry failed this week, days after...
Boeing’s Q3 deliveries to be hit as suppliers struggle with rising demand
On a visit to Boeing’s (BA) assembly plant in Renton, you would be amazed to find a large number of...
Viacom beats earnings expectations; misses on revenue
Viacom (VIAB) beat analyst expectations on adjusted earnings numbers for the third quarter of 2018 but missed out on revenue...
Booking’s solid Q2 results fail to impress the street
Booking Holdings (BKNG) reported better-than-expected second quarter results before the opening bell. The company, which was supposed to post its...
Roku moves closer to profitability; stock jumps 8% on Q2 beat
Continuing the strong momentum that started after going public nearly a year ago, Roku  (ROKU) emerged from the negative territory...
Yelp shares jump 6% after smashing past estimates
Crowd-sourced review forum Yelp (YELP) reported better-than-expected revenue during the second quarter, helped by strong growth in the core advertising...
Ahead of Disney deal, 21st Century Fox posts surge in Q4 profit
21st Century Fox (FOXA) beat analyst expectations on revenue and adjusted EPS numbers for the fourth quarter of 2018. The...
Mylan reports revenue decline in Q2; Misses earnings expectation
Mylan NV (MYL) missed analyst expectations on revenue and earnings for the second quarter of 2018. The company’s total revenues...
Elon Musk taking Tesla private? Trading halted
“Am considering taking Tesla private at $420. Funding secured,” read a tweet posted from Tesla (TSLA) CEO Elon Musk’s verified...
Snap bucks social-media curse; stock jumps as much as 10%
Snap (SNAP) reported a narrower-than-expected adjusted net loss of 14 cents per share during the second quarter as Daily Active...
Disney shines on box office hits; stock dips as Q3 earnings miss
Entertainment conglomerate Walt Disney Company (DIS) closed its eventful third quarter on a positive note, with earnings registering double-digit growth...