IPO on cards when Dell moves back to square one
The business fraternity was a bit puzzled when Michael Dell unveiled plans to take his namesake company public once again,...
Honda and General Motors join hands to build a new self-driving vehicle
General Motors (GM) and its subsidiary Cruise reported that they have a formed a partnership with Honda Motors (HMC) to...
Acuity Brands profit tops estimates in Q4
Lighting solutions provider Acuity Brands (AYI) reported a 20% jump in earnings for the fourth quarter, helped by higher sales...
Homebuilding, CalAtlantic merger boost Lennar’s Q3 results
Real estate firm Lennar Corp. (LEN) reported an increase in third-quarter earnings as strong homebuilding operations and contributions from the...
Landec Q1 profit dips 91%, yet tops estimates
Landec Corporation (LNDC) reported a 91% dip in earnings for the first quarter due to higher labor, packaging and freight...
JCPenney appoints Jill Soltau as CEO
JCPenney (JCP) announced today that Jill Soltau will be the new CEO effective October 15, 2018. Solatu comes with more...
Harley Davidson is coming to you
Earlier, if you wanted a Harley Davidson bike or its branded apparel, you went to a dealer. Now it appears...
Renault unveils cheaper all-electric crossover
French automaker Renault has unveiled a new and cheaper all-electric crossover, the Renault K-ZE, as well as three autonomous electric...
Full list of IPOs that happened in September 2018
The US IPO market saw 25 newcomers in September 2018, raising a combined capital of around $6.4 billion. Amidst the...
Lamb Weston beats Q1 revenue and profit estimates
Lamb Weston Holdings Inc. (LW) topped market estimates on revenues and earnings for the first quarter of 2019. The stock...
Tesla reports Q3 vehicle production and delivery numbers
Tesla (TSLA) delivered 83,500 vehicles and produced 80,142 vehicles during the third quarter ended September 30, 2018, the company announced...
Paychex results beat estimates in Q1
Payroll services company Paychex (PAYX) reported better-than-expected results during the first quarter, helped by solid growth in human capital management...
What to do in a Bull Market
We all know that markets don’t like uncertainty. So it is natural that the market goes a little low when...
PepsiCo tops Q3 revenue and earnings estimates; updates outlook
PepsiCo Inc. (PEP) beat market estimates on revenue and earnings for the third quarter of 2018. Despite the positive results,...
Pfizer’s long-time CEO Ian Read to hand over reins to Albert Bourla
There were announcements from two giant companies in different sectors about the change in their CEOs Monday morning; pharma giant...
Facebook faces a fine of $1.63 billion for recent security breach
Facebook (FB) faces the possibility of a $1.63-billion fine in the European Union over its most recent security breach that...
Earnings Preview: Costco to see strength in Q4
Costco Wholesale Corporation (COST) is scheduled to report fourth-quarter 2018 results on October 4. Analysts expect the company to deliver...
John Flannery steps down as GE names new CEO and Chairman
General Electric (GE) appointed Lawrence Culp, Jr., the current board member of GE, as its new Chairman and CEO,...
Tesla soars amid SEC settlement and production optimism
Tesla Inc. (TSLA) seems to be recovering fast from its Friday fall after the settlement with the SEC and changes...
Earnings Preview: Can Pepsi beat the brew at Coca-Cola?
PepsiCo (PEP) has not been in the news recently, especially when you pit it against its main rival The Coca-Cola...
Companies reporting earnings this week: Oct 1-5
A few major companies are reporting earnings this week. HR and payroll services provider Paychex Inc. (PAYX) is set...