Business

What’s Good in Wal-Mart Q1 Earnings

Wal-Mart Stores Inc. (NYSE: WMT) reported first-quarter fiscal 2018 results before markets opened Thursday. The retailing giant posted adjusted diluted earnings per share (EPS) of $1.00 on total revenues of ...
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Newspaper Companies Take Pounding From Wall Street

In the past five trading days, many of America's largest publicly traded newspaper companies have been under siege on Wall Street. Shares of McClatchy Co. (NYSE: MNI) are off 22% ...
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Ford Drops to 52-Week Low Despite Layoff Plans

Ford Motor Co. (NYSE: F) CEO Mark Field's plans have not impressed investors — again. He laid off 1,400 of the company's salaried workers in Asia and North America. Ford's ...
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How a Single Self-Driving Car Ends a Traffic Jam

Most Americans have little to no interest in self-driving (autonomous) cars. Few currently trust the technology, and even fewer probably trust the promises made by proponents of self-driving cars. Concerning ...
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Why This Humira Patent Loss Might Not Be What You Think

AbbVie Inc. (NYSE: ABBV) watched its shares slide on Wednesday following a ruling from the U.S. Patent and Trade Mark Office Trial and Appeals Board that found in favor of ...
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Boeing Delivers First 737-8, Updates KC-46A Status, Says Will Build Training Jets in St. Louis

Boeing Co. (NYSE: BA) announced Tuesday afternoon that it had delivered its first 737 MAX 8 (737-8) to Malindo Air, a subsidiary of Indonesia's Lion Air. This is the first ...
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Why Syndax Shares Are Rallying

Shares of Syndax Pharmaceuticals Inc. (NASDAQ: SNDX) saw a huge gain on Wednesday after the firm gave an update on its non-small cell lung cancer (NSCLC) midstage trial. Specifically, the ...
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Why Target Earnings Are Boosting Investors’ Animal Spirits

Target Corp. (NYSE: TGT) reported first-quarter 2017 results before markets opened Wednesday. The big-box retailer posted adjusted earnings per share (EPS) of $1.21 and $16.02 billion in revenues. In the ...
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Urban Outfitters Dives Lower on Missed Earnings

Urban Outfitters, Inc. (NASDAQ: URBN) reported fiscal first-quarter financial results after markets closed Tuesday. The company said that it had $0.10 in earnings per share (EPS) and $761 million in ...
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Why Activist Elliott May Ultimately Fail in the Fight Against BHP

Activist Investor Elliott Management has been going after BHP Billiton Ltd (NYSE: BHP), with billionaire Paul Singer leading that charge, for more than a month. Mr. Singer has a long ...
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Is Editas Facing a New Reality in CRISPR Land?

Editas Medicine Inc. (NASDAQ: EDIT) is one of the biotech and biohealth players that sits on the cusp of new technology and developments for the next major growth phase in ...
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Why Akebia Shares Are Hitting New Highs

Akebia Therapeutics Inc. (NASDAQ: AKBA) saw its shares hit a new 52-week high in Tuesday’s session following a key licensing agreement with Vifor Pharma. Specifically this is an exclusive license ...
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BMW China Sales Soar 39%, Passes Mercedes, Buries Cadillac and Lincoln

Germany's BMW topped its chief rivals Daimler and Volkswagen in unit sales in China for the month of April. Sales of BMW and Mini vehicles rose 39% to 48,869 in ...
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The Top 10 Most Pirated Movies From Last Week

Pirating movies has been a growing problem in recent years, costing studios millions of dollars in lost ticket sales. In just 2016, the Motion Picture Association of America said that ...
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Analysts Give Positive Opinions on Select Energy Services

Select Energy Services Inc. (NYSE: WTTR) has seen its quiet period come to an end. That allows analysts at the firms in the underwriting syndicate to issue official ratings. So ...
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