Oracle surpasses Q2 estimates, stock surges
Oracle (ORCL) reported its second quarter 2019 earnings results which surpassed analysts’ estimates. The tech giant reported earnings of $0.80...
Google drops Chinese search engine plans for now
Alphabet Inc.’s (GOOGL) subsidiary Google is said to have shut down the development of a censored search engine for China,...
Earnings Preview: Mixed sentiment ahead of Walgreens Q1 earnings
Pharmacy store chain Walgreens Boots Alliance (WBA) is scheduled to report its first-quarter earnings Thursday before the opening bell. It...
Paychex Q2 2019 earnings preview: strong cash balance to aid the performance
HR solutions company Paychex (PAYX) is scheduled post its second-quarter results on Wednesday, Dec. 19. Analysts expect the payroll processor...
Rite Aid to report Q3 earnings as shares linger around record lows
There can never be a worse time to report quarterly results. Rite Aid (RAD) shares last week fell below $1,...
Major infrastructure investments by FAANG members
Three members of the FAANG group – Apple (AAPL), Amazon (AMZN) and Google have announced major investments for new infrastructure....
Q2 earnings preview: FedEx expected to bounce back from the 52-week low
FedEx (FDX) is slated to report its second quarter fiscal 2019 results on Tuesday, December 18th after the bell. Wall...
Earnings Preview: Semiconductor slump likely to drag Micron’s Q1 results
Micron Technology (MU) lost significant market value last month after research firm Baird downgraded the stock and slashed the price target,...
Earnings Preview: Strong truck demand expected to fuel Navistar’s Q4 growth
Navistar International (NAV) is scheduled to report earnings results for the fourth quarter of 2018 on Tuesday, December 18 before...
General Mills Q2 2019 earnings preview: profit touted to slide
Cheerios-maker General Mills (GIS) is expected to post its second-quarter earnings on Wednesday, Dec. 19 before the opening bell. The...
Earnings preview: Jabil needs to undo the declines
Electronics manufacturing company Jabil Inc (JBL) is scheduled to report first-quarter earnings on Tuesday, December 18, after the closing bell....
Earnings preview: Dining to pay-off for Darden in Q2
Darden Restaurants Inc. (DRI) is set to report its earnings for the second quarter on Tuesday before the market opens....
A look at sales trends and forecasts in the US automobile industry
A report by the National Automobile Dealers Association (NADA) has forecasted that the sales of new cars and light trucks...
Companies reporting earnings this week: Dec 17 – 21
A slew of major companies are reporting earnings this week. Open-source software company Red Hat (RHT) will announce third-quarter earnings...
Goldman downgrade is a call for Walgreens to revisit biz strategy
Shares of pharmacy store chain Walgreens Boots Alliance Inc. (WBA) dropped sharply Friday after they were downgraded by Goldman Sachs,...
Earnings preview: Weak cloud to hurt Oracle Q2 results
Oracle (ORCL) is scheduled to release its earnings for the second quarter on Monday after the bell. The top line...
Earnings Preview: IBM deal in focus as Red Hat gears up for Q3 report
The upcoming earnings announcement of Red Hat (RHT) will be one of the most closely-watched events, with investors looking for...
Johnson & Johnson: Key points on the asbestos report and stock slide
Johnson & Johnson’s (JNJ) stock fell over 8% in intraday trade on Friday after Reuters published a report stating that...
Merck strengthens animal health division with $2.4-bln Antelliq buyout
Taking a cue from the growing demand for animal care products, healthcare service providers and pharma companies are enhancing their...
Starbucks lays out growth plans for key markets
Starbucks (SBUX) laid out a number of growth strategies for two of its key markets, US and China, at its...
Adobe stock drops on Q4 earnings miss and weak guidance; revenues beat
Shares of Adobe Systems (ADBE) slipped Thursday after the software solutions provider reported weaker than expected earnings for the fourth quarter,...