America’s largest mattress company files for bankruptcy protection
Mattress Firm, the biggest retailer of beds in the US, on Friday filed for Chapter 11 bankruptcy protection in a...
Himax stock surges in pre-market after Q3 prelim results beat outlook
Himax Technologies (HIMX) reported preliminary results for the third quarter ended September 30, 2018. Revenue, earnings, and gross margin numbers exceeded...
Smart Global Holdings gains on upbeat Q4 results
Smart Global Holdings (SGH) swung to a profit in the fourth quarter from a loss last year, helped by the...
Costco Q4 sales beat; stock falls amid warning of ‘weakness’ in financial reporting
Higher sales, both in stores and online, pushed up Costco’s (COST) fourth-quarter earnings, which came in line with Wall Street...
Uber launches bike-sharing programs
After a disastrous attempt with autonomous driving technology, Uber Technologies launched electric scooter sharing with the recent purchase of Jump....
Promising diabetes drug gives Eli Lilly a shot in the arm
Pharma giant Eli Lilly & Co. (LLY) has reported positive results from the mid-stage clinical trial of its new diabetes...
Toyota and SoftBank – one more partnership in the self-driving vehicle space
Japan’s two top companies SoftBank and Toyota are planning to form an alliance named Monet which stands for mobility network....
Walmart recalls camp axes due to injury hazard
The US Consumer Product Safety Commission (CPSC) announced Wednesday in a recall notice that Walmart (WMT) is taking back 246,000...
The world’s first production flying car will go on sale soon
Flying cars will soon be a reality as Terrafugia Transition inched closer to its debut. The automaker has started taking...
GM races past Tesla in automated driving test, clinches top spot
Tesla’s (TSLA) historic success in its core segments has been an inspiration for the entire industry, and literally every major...
International Speedway tops Q3 estimates and narrows outlook; shares drop
International Speedway Corporation (ISCA) topped market estimates on revenues and profits for the third quarter of 2018. Despite the beat,...
Being Tesla Chairman: The contenders and the challenges
With the deadline set by the Securities and Exchange Commission (SEC) for Elon Musk to step down as the Chairman...
Constellation Brands brews earnings beat in Q2
Constellation Brands Inc. (STZ) topped market estimates on sales and earnings for the second quarter of 2019. Shares were up...
Barnes & Noble surges above 20%; board to explore sale
Barnes & Noble (BKS) announced today that the board is exploring options after it has got inquiries from various firms...
Pier 1 stock plunges on disappointing Q2 results
Pier 1 Imports (PIR) reported its second quarter results after the market closed. Pier 1 stock dipped about 3% as...
Resources Connection gains on upbeat Q1 results
Resources Connection (RECN) reported a 171% jump in earnings for the first quarter helped by strategic revenue growth and management...
Cloud analytics drove Cloudera and Hortonworks to merge
Cloudera Inc. (CLDR) and Hortonworks Inc. (HDP) have agreed to combine themselves in an all-stock merger of equals. The combined...
Synnex Q3 results beat street view; stock falls on weak guidance
Benefitting from the stable demand for technology solutions, Synnex Corp. (SNX) registered strong earnings growth in the third quarter, which...
Amazon ‘stealing’ eBay sellers?
While expanding its reach to new markets across the world, Amazon (AMZN) also evolved as the preferred selling platform for...
Some iPhone XS features seem to be annoying users
Apple (AAPL) has been experiencing slightly strong demand from customers for its iPhone XS and iPhone XS Max. Along with...
RPM’s Q1 profit plunges due to higher costs
RPM International (RPM) reported its first quarter results before the bell. Adjusted earnings came in at $0.76 per share which...