New dawn for urban transport as Elon Musk unveils first underground tunnel
Putting an end to speculations, the futuristic transportation tunnel envisaged by Tesla (TSLA) CEO Elon Musk was opened in Los...
Earnings: Paychex beats street expectations in Q2
Shares of Paychex (PAYX) rose 0.6% after the company reported better-than-expected second quarter results. Earnings rose 20% to $0.65 per...
General Mills earnings miss estimates in second quarter
Cheerios-maker General Mills (GIS) posted its second-quarter earnings on Wednesday, Dec. 19 before the opening bell. Revenue rose 5% to...
Winnebago’s shares jump 15% after Q1 results beat expectations
Winnebago Industries Inc.’s (WGO) stock soared over 15% in premarket hours on Wednesday after the company topped analysts’ expectations on...
SoftBank Corp’s massive debut-day slump pulls down Tokyo market
SoftBank Corp, the telecommunications unit of SoftBank Group Corp, closed down 14.5% on its first trading day at the Tokyo...
Jabil Q1 profit jumps 94% beats estimates
Electronics manufacturing company Jabil Inc (JBL) reported a 94% jump in earnings for the first quarter helped by the positive...
FedEx continues to bleed even after beating Q2 estimates
FedEx (FDX) reported its second quarter 2019 earnings results. The company beat Street’s views by posting non-GAAP EPS of $4.03...
Earnings preview: BlackBerry to post upbeat Q3 results
The once-thriving smartphone maker BlackBerry (BB) is set to release its third-quarter earnings results on Thursday before the bell. The...
Micron Q1 revenues miss amid faltering chip demand; earnings beat
Chipmaker Micron Technology (MU) reported a sharp increase in first-quarter earnings, which also exceeded estimates. But the company’s revenues missed...
Credit Suisse turns bearish on S&P 500 amid volatility, cuts price target
Wall Street is probably set for a not-so-impressive start to 2019, if the current trend is any indication. Compared to...
Earnings preview: New markets hold the key for CarMax in the third quarter
Used-car retailer CarMax (KMX) is expected to post its third-quarter earnings on Friday, Dec. 21 before the opening bell. Signs...
Earnings preview: Conagra Brands likely to post upbeat Q2 results
Conagra Brands (CAG) is set to report its second-quarter results on Thursday before the market opens. The packaged food company...
Confidence of Twitter users, investors hit by deepening security woes
With incidents of data breach becoming increasingly prevalent, going forward the credibility of social networking platforms will depend on their...
Accenture earnings preview: Wall St sees broad-based growth in Q1
Management consulting firm Accenture (ACN) is reporting first-quarter results on Thursday, December 20, before the opening bell. Wall Street expects...
SpaceX to raise $500-million funding from its existing shareholders and a Tesla investor
Elon Musk’s SpaceX is ready to raise $500 million through funding, making the rocket company’s valuation increase to $30.5 billion,...
Worthington Industries Q2 profit dips 14%, misses estimates
Worthington Industries (WOR) reported a 14% dip in earnings for the second quarter due to rising input costs and lower...
Earnings preview: Will the North America retail curse catch up with Nike in Q2?
Nike Inc. (NKE) is touted to post its second-quarter results on Thursday, Dec. 20, after the market closes its regular...
FactSet’s Q1 results top market consensus
FactSet Research Systems (FDS), which provides financial information and analytics software for investment professionals, Tuesday reported better-than-expected first quarter results....
Same-store traffic slows Darden Restaurants’ growth in second quarter
Darden Restaurants Inc. (DRI) posted its results for the second quarter on Tuesday, Dec. 18, before the opening bell. The...
Navistar’s Q4 results beat market estimates
Navistar International Corporation (NAV) surpassed market expectations on both revenue and earnings for the fourth quarter of 2018. The stock...
Strong subscription growth drives up Red Hat’s Q3 earnings
Benefitting from a further strong growth in customer growth and stable demand for its hybrid cloud technology solutions, Red Hat...