Acuity Brands shares jump more than 10% on earnings and revenue beat
Lighting solutions provider Acuity Brands (AYI) reported a profit decline for the third quarter, in line with the sluggish lighting...
LATEST
Boeing and Embraer move closer to major commercial jet alliance
Aircraft makers Boeing (BA) and Embraer are close to entering into a strategic tie-up, creating synergies that would give them...
Milestone: Tesla makes 5000 Model 3s in a week!
According to various sources, Elon Musk wrote to his employees in Tesla Inc (TSLA) that the company made 5,000 Model...
EU warns the US of counter-measures if car tariffs are imposed
In a communication received by the Commerce Department of the United States of America, the European Union warned that imposing...
Jack Dorsey reboots Twitter’s leadership team to equip for the future
On Thursday, Twitter (TWTR) CEO Jack Dorsey announced about key changes in the leadership team along with a change in...
Goodyear stock crashes to yearly low
Shares of The Goodyear Tire & Rubber (GT) have hit a new yearly low of $23.28 on Friday. The downward...
KB Home stock rebounds after Q2 earnings beat
Benefitting from the strong demand for residential properties and higher prices, revenues of KB Home (KBH) rose sharply in the...
Constellation Brands stock dips on Q1 earnings miss
Beer-maker Constellation Brands (STZ) reported an earnings miss, in spite of beating sales expectations for the first quarter of fiscal...
Nike pops on earnings and revenue beat; North America returns to growth
Global sneaker giant Nike (NKE) reported above consensus earnings and revenue numbers for the fourth quarter, surpassing the management’s expectation...
Kroger customers, your grocery delivery is coming in robo-cars
The automation fad is catching up fast in the retail sector where the leading players keep on innovating to fight...
Amazon swallows online pharmacy PillPack; gives a bitter pill to other drug store firms
Amazon (AMZN) inked a merger agreement with online pharmacy PillPack for an undisclosed amount. This deal, which is expected to...
Bed Bath & Beyond Q1 comps dip, reports in line earnings
The US home decor retailer Bed Bath & Beyond (BBBY) reported a beat on the top line results, while posted...
Rite Aid swings to profit in Q1 on one-time gains
Drugstore chain Rite Aid (RAD) swung to profit in the first quarter owing to one-time gains from the sale of...
Lockheed Martin to benefit from steady flow of defense contracts
Lockheed Martin (LMT) is one of the few Wall Street companies that registered steady growth over the years. Matching its...
Upcoming Boeing jets may fly five times faster than sound
Airplanes, capable of flying faster than sound, were considered the fastest mode of transport until recently. The latest developments indicate...
Tesla slashes Model 3 pricing
Tesla (TSLA) seems to be marching ahead to a profitable second half of the year, thanks to an effective tent...
Sonic tops Q3 earnings estimates; misses on revenue
Oklahoma based drive-in fast-food restaurant chain, Sonic Corp (SONC), surpassed third quarter adjusted earnings estimates, while missed slightly on revenue...
Warren Buffett ropes in Lee Enterprises to revive Berkshire newspapers
Warren Buffett’s Berkshire Hathaway (BRK-A) is seeking the service of industry experts to revamp its newspaper business, which is a...
British firm mulls $1.3bn-lawsuit against Ford for putting dangerous vehicles on road
It all started when a frustrated customer in the UK created a Facebook page called ‘Ford EcoBoost Nightmare’ after her...
GE to sell healthcare unit and Baker Hughes stake; stock jumps 6%
Shareholders of General Electric (GE) got a morale booster on Tuesday when the company disclosed plans to spin off the...
Why semiconductor stocks tumbled today?
Trade war tensions battered the US stock market today. Dow, S&P 500 and Nasdaq indexes were down 1.33%, 1.37% and...