Many Americans unable to afford emergency expenses: Fed report
The Federal Reserve’s Report on the Economic Wellbeing of US Households in 2017 reveals that around 40% of Americans would...
Flickr updates user terms and privacy as ownership changes hands
With photography platform SmugMug agreeing to buy Flickr from erstwhile Yahoo!, Flickr users have until May 25 to agree to...
Red Robin shares tank 18% after insipid Q1 results
Restaurant chain Red Robin Gourmet Burgers (RRGB) saw its shares plunge 18% in the early hours of trading today, triggered...
Ralph Lauren beats on revenue and earnings despite declining revenue in 4Q
Premium lifestyle products manufacturer Ralph Lauren (RL), which was trounced by a year-over-year trend of declining revenue for more than...
Roche’s latest trials prove wider use of new drug Hemlibra
Just a month after picking an accelerated review by U.S. regulators for its new blockbuster drug Hemlibra, the Swiss drugmaker...
Tiffany stock surges on upbeat Q1 results, better outlook
Jewelry maker Tiffany & Co. (TIF) reported a 53% jump in earnings in the first quarter, riding on a 15%...
Surge in crude oil prices may spark a recession
A strong demand has been driving crude oil prices higher since last August, and many economists fear this could spark...
Target posts strongest performance in over a decade
Target Corporation (TGT) posted a 3.4% rise in total revenues to $16.8 billion for the first quarter of 2018 helped...
Lowe’s shares fall on earnings miss
Lowe’s (LOW) today reported lower-than-expected Q1 earnings, sending its shares down as much as 8% during the pre-market trading. The...
Intuit’s 3Q results beat estimates, raises outlook
Intuit (INTU) reported better-than-expected results for the third quarter, beating analyst estimates on both revenue and earnings front. Revenues climbed...
Urban Outfitters stock slides despite earnings and revenue beat
Urban Outfitters (URBN), which had a dream run over the past year, reported another quarter of earnings and sales numbers...
HPE Q2 results beat estimates; lifts full-year guidance
Information technology company Hewlett Packard Enterprise (HPE) turned to profit in the second quarter of 2018 from a loss last...
JC Penney falls to record lows as CEO Marvin Ellison quits to head up Lowe’s
Troubled department store chain JC Penney (JCP) suffered yet another setback after Chairman and CEO Marvin Ellison stepped down amidst...
Advance Auto Parts shares fall after 1Q sales miss
Car parts retailer Advance Auto Parts (AAP) shares dipped 3% during the morning session after the company’s revenue failed to...
U.S. and China in talks to remove restrictions on ZTE
The U.S. and China are said to be nearing a deal that could see the removal of the restrictions imposed...
Sony jacks up stake in EMI to become largest music publisher
In a deal that augments its fast-growing entertainment portfolio, Sony Corp. (SNE) has added to its fold an array of...
Celgene plunges to a new 52-week low battered by setbacks
On Monday, shares of the troubled pharma giant Celgene (CELG) succumbed to $74.13, its new 52-week low and ended the...
LIVE BLOG – European lawmakers leave fuming as Zuckerberg gives broad answers
Tajani asks Zuckerberg whether it is possible to give individual answers to the questions posed at him on a later...
AutoZone crushes 3Q earnings estimates
Auto parts retailer and top industry performer AutoZone (AZO) reported earnings of $366.72 million or $13.42 per share in the...
Toll Brothers Q2 earnings miss Street’s expectations
Luxury homes builder Toll Brothers (TOL) reported a 10.3% drop in earnings for the second quarter due to higher selling,...
Elon Musk admits to Tesla Model 3 braking issue, confirms firmware fix
And just like that, Tesla is back in the news. And this time, it is actually regarding a product —...