Devon Energy’s stock rallies over 8% on asset sales and cost reduction plans
Devon Energy Corp.’s (DVN) stock jumped 8.8% during mid-day trade on Wednesday after the company laid out its transformation plans,...
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Kandi Technologies adds to America’s EV lineup, shares jump 40%
Making a late entry into the highly competitive US electric vehicle market is Chinese firm Kandi Technologies (KNDI). The Zhejiang-based...
iQiyi a.k.a China’s Netflix to post Q4 earnings on Feb 21
iQiyi (IQ), the video streaming arm of Chinese major Baidu (BIDU), had opened to enthusiastic response when it started trading...
Rating downgrade adds to woes of Southwest Airlines; stock falls
Southwest Airlines (LUV) suffered a double whammy this week when a rating downgrade by Goldman Sachs deepened the setback caused...
5G deployment boosts Analog Devices Q1 results
Chipmaker Analog Devices (ADI) reported a 21% jump in earnings for the first quarter helped by lower costs and expenses...
Bausch Health’s stock rises after Q4 revenue beats estimates
Bausch Health Companies Inc. (BHC) topped revenue estimates for the fourth quarter of 2018, sending shares climbing by 2.8% in...
Aurora Cannabis shuffles its board of directors
Aurora Cannabis (ACB) on Wednesday announced the shuffle to its board of directors for aligning the directors’ experience and expertise...
Earnings: Owens Corning stock gains 1% on market-beating Q4 results
Shares of Owens Corning (OC) gained modestly during pre-market trading on Wednesday, after the company delivered better-than-expected fourth quarter net...
CVS Health reports mixed Q4 results; stock falls over 7%
CVS Health Corporation (CVS) reported better-than-expected earnings for the fourth quarter of 2018 but revenue fell short of estimates, sending...
Earnings: Garmin (GRMN) beats the market again in Q4, shares gain
Shares of Garmin (GRMN) gained over 7% during pre-market trading on Wednesday after the technology firm reported yet another market-beating...
Earnings preview: Challenges galore as Baidu braces for a weak Q4
The Chinese tech industry is probably on the threshold of a paradigm shift, with new equations emerging amid growing competition....
LendingClub Q4 loss narrows but misses estimates
Online lender LendingClub Corporation (LC) reported a narrower loss in the fourth quarter helped by a decline in expenses related...
Intuit stock hits all-time high ahead of Q2 earnings
Shares of Intuit, which sells accounting and tax preparation software for small businesses, reached an all-time high of $234.77 on...
Google extends cloud push with acquisition of data migration startup
For tech giant Google (GOOG, GOOGL), the primary hurdle in its efforts to expand the cloud business has been the...
Earnings preview: Key products to drive Hormel’s Q1 growth
Hormel Foods Corporation (HRL) is scheduled to report its earnings results for the first quarter of 2019 on Thursday, February...
Earnings Preview: New users, premium content to drive ROKU Q4 results
Streaming player maker Roku Inc (ROKU) is scheduled to post its fourth-quarter 2018 earnings on Feb. 21. With the rise...
Earnings preview: A mediocre Q1 awaits Analog Devices amid consumer segment slump
Semiconductor firm Analog Devices (ADI) has always been an investors’ favorite for its relatively stable market cap and strong fundamentals....
Genuine Parts Q4 profit soars 73%, beats estimates
Genuine Parts Company’s (GPC) earnings soared 73% helped by higher sales for the fourth quarter of 2018. The automotive replacement...
Intercept stock surges on positive data from liver fibrosis drug study
Intercept Pharmaceuticals (ICPT) had surged about 25% in the pre-market session on Tuesday after the biopharma company announced positive topline...
Medtronic beats Q3 estimates and raises full-year guidance
Medtronic plc (MDT) topped consensus estimates on revenue and earnings for the third quarter of 2019 and raised its earnings...
Earnings: Advance Auto Parts shares slip as Q4 comp sales come below expectation
Advance Auto Parts (AAP) reported fiscal 2018 net sales of $9.6 billion, coming at the upper end of the ambitious...