Despite uncertainties, cannabis firms emerge as top takeover targets
In all probability, 2019 will be the year of cannabis as far as Wall Street is concerned. After the beverages...
Earnings preview: Expenses likely to drown H&R Block to loss in Q2
Tax preparation company H&R Block (HRB) is set to release its earnings for the second quarter of fiscal 2019 on...
Smartsheet exceeds Q3 estimates, stock surges
Cloud-based solutions provider Smartsheet (SMAR) came out Q3 loss of 9 cents per share and revenue of $47 million, beating...
American Eagle set to ride high on brand power, comps in Q3
Supported by the strength of its popular apparel brands and stable comparable store sales, American Eagle Outfitters (AEO) is well-positioned...
Uber might acquire Bird or Lime
Uber Technologies is said to be considering an acquisition of either Bird or Lime, according to a report by The...
Broadcom Q4 2018 Earnings Preview: All eyes on tariffs
Chipmaking giant Broadcom Inc (AVGO) is scheduled to post its fourth-quarter earnings after market on Dec 6. The Street expects...
Earnings preview: Movado high on optimism in Q3
During the second quarter, Movado (MOV) had reported mixed results, with net sales improving 12% to beat estimates, even as...
Nexstar agrees to buy Tribune for $4.1 billion
Nexstar Media Group Inc. (NXST) agreed to acquire Tribune Media Group Inc. (TRCO) for $4.1 billion. The all-cash deal values...
Earnings Preview: Lululemon Athletica likely to post upbeat results for Q3
Athletic apparel retailer Lululemon Athletica (LULU) is set to report its earnings for the third quarter on Thursday after the...
Unfazed by trade war, Hewlett Packard Enterprise looks at a better Q4
Palo Alto, California-based Hewlett Packard Enterprise (HPE) is scheduled to post its fourth-quarter earnings after market on Dec 4. The...
GSK reorganization gains steam with Tesaro buyout, sale of Asia unit
The recent spate of cancer drugs securing FDA approval indicates that research and development in the area are progressing rapidly. So,...
New Age Beverages stock jumps after its announcement of $85-mln Morinda acquisition
New Age Beverages Corp. (Nasdaq: NBEV) acquires Tahitian Noni Juice maker Morinda Holdings for $85 million. The combined company would...
US-China trade truce brings temporary relief to automakers
The US and China agreed to a truce on their ongoing trade war for now. Both countries agreed to talk...
Trump effect and trade war: Retaliatory tariffs by the world on United States in 2018
Last week, we covered the Donald Trump effect on international trade with sanctions and tariffs by the United States on...
Finisar slips to loss in Q2 but beats estimates
Finisar Corp. (FNSR) slipped to a loss in the second quarter from a profit last year, due to lower revenues...
Tencent Music files for IPO today as trade war put on hold at G20 Summit
The music-streaming arm of Chinese conglomerate, Tencent, has been mulling public listing for some time, but the plans were getting delayed...
Companies reporting earnings this week: Dec 3 – 7
A slew of major companies are reporting earnings this week. Discount store chain Dollar General (DG) will announce third-quarter earnings...
Earnings Preview: AutoZone poised to beat Q1 estimates, defying cost pressure
AutoZone Inc. (AZO) is expected to announce its first-quarter results on December 4 before the market opens. Analysts predict that...
Smartsheet Q3 earnings preview: Customer growth rate likely to play a major role
Cloud-based solutions provider Smartsheet (SMAR) is slated to report its third quarter ending October 31 earnings results on Monday, December...
Honeywell ditches New Jersey for North Carolina, to attract top talent
More and more Wall Street firms are realizing the importance of having their headquarters in areas where it is easy...
Trump effect and trade war: Tariffs imposed by the United States on the world in 2018
The Donald Trump regime brought in a climate of uncertainty to international trade. While hopes are high that many concerns...