Business

Why Tesla Is Getting Dragged by Consumer Reports

Posted: February 21, 2019 at 1:40 pm

A new report has questioned the reliability of Tesla Inc.'s (NASDAQ: TSLA) Model 3. Ultimately, Consumer Reports claimed that it will no longer recommend Tesla’s Model 3 for a number ...
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Is Merck Overpaying for Immune Design?

Posted: February 21, 2019 at 9:55 am

Immune Design Corp. (NASDAQ: IMDZ) shares absolutely exploded on Thursday after Merck & Co. Inc. (NYSE: MRK) announced that it would be acquiring the firm at what some might call ...
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Is Lithium Miner Albemarle Staging a Comeback?

Posted: February 21, 2019 at 7:20 am

Albemarle Corp. (NYSE: ALB), the world's largest producer of lithium, reported fourth-quarter and full-year 2018 results after markets closed Wednesday. The company posted adjusted diluted earnings per share (EPS) of ...
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Johnson & Johnson Faces More Overhang From Talc and Asbestos Woes

Posted: February 21, 2019 at 7:15 am

Johnson & Johnson (NYSE: JNJ) remains a top member of the Dow Jones industrial average and a company that keeps raising its dividend year after year. And the company still ...
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Is Tesla in Trouble After Another Executive Departure?

Posted: February 20, 2019 at 11:25 am

With Valentine’s Day clearly in the rear view, one of the biggest breakups this week is coming from Tesla Inc. (NASDAQ: TSLA). The electric vehicle (EV) giant is parting ways ...
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Why the Future Looks Bright for Kandi Tech

Posted: February 20, 2019 at 10:25 am

Kandi Technologies Group Inc. (NASDAQ: KNDI) is officially throwing its hat in the electric vehicle (EV) ring, after it received approval from the U.S. National Highway Traffic Safety Administration (NHTSA) ...
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How CVS Fell Short Despite Solid Q4 Results

Posted: February 20, 2019 at 9:00 am

When CVS Health Corp. (NYSE: CVS) reported its fourth-quarter financial results early Wednesday, the company said that it had $2.14 in earnings per share (EPS) on $54.42 billion in revenue. ...
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Is 2-Day Free Shipping Really Free?

Posted: February 20, 2019 at 6:25 am

Two-day shipping is free until it isn't. And things that are supposed to ship in two days ship in two days until they don't. Most retailers, and certainly major retailers ...
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Can Herbalife Overcome This Quarter?

Posted: February 19, 2019 at 1:35 pm

Herbalife Nutrition Ltd. (NYSE: HLF) is set to report its most recent quarterly results after the markets close on Tuesday. Consensus estimates are calling for $0.61 in earnings per share ...
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What to Expect When CVS Reports Wednesday

Posted: February 19, 2019 at 10:35 am

CVS Health Corp. (NYSE: CVS) is scheduled to release its fourth-quarter financial results before the markets open on Wednesday. The consensus estimates from Thomson Reuters are calling for $2.05 in ...
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How Intercept Pharma Shatters Expectations With Its Liver Fibrosis Treatment

Posted: February 19, 2019 at 9:50 am

Intercept Pharmaceuticals Inc. (NASDAQ: ICPT) shares jumped on Tuesday after the firm announced results for its Phase 3 Regenerate study of obeticholic acid (OCA) in patients with liver fibrosis due ...
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Did Advance Auto Parts Earnings Misfire?

Posted: February 19, 2019 at 8:35 am

Advance Auto Parts Inc. (NYSE: AAP) released its fourth-quarter financial results before the markets opened on Tuesday. The auto parts chain posted $1.17 in earnings per share (EPS) and $2.11 ...
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Were Walmart Earnings Really That Good?

Posted: February 19, 2019 at 7:45 am

Walmart Inc. (NYSE: WMT) reported fourth-quarter and full-year fiscal 2019 results before markets opened Tuesday morning. The retailing giant posted quarterly adjusted diluted earnings per share (EPS) of $1.41 on ...
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McClatchy and Tribune Could Merge, Hundreds of Jobs at Risk

Posted: February 18, 2019 at 7:27 am

The New York Post reports that there may be a marriage of two of America's largest newspapers chains. McClatchy Co. (NYSE: MNI) has retained a banker, the report says, in ...
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Chinese Car Sales Drop 16%, Could Threaten Global Industry

Posted: February 18, 2019 at 6:42 am

Chinese car sales fell 16% in January, down to 2.37 million, according to the China Association of Automobile Manufacturers (CAAM). China is the world's largest car market after it ...
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