© Reuters. FILE PHOTO: Customers leave an Albertsons grocery store with their purchases in Burbank By Joshua Franklin and C Nivedita (Reuters) – Albertsons Cos Inc (N:) saw its shares fall in its New York Stock Exchange debut on Friday, a day after the U.S. supermarket operator downsized its initialRead More →
2/2 © Reuters. FILE PHOTO: The spread of the coronavirus disease (COVID-19) in New York 2/2 By John McCrank NEW YORK (Reuters) – The New York Stock Exchange will partially reopen the trading floors at its iconic 11 Wall Street building on Tuesday for the first time since March 20Read More →
Mettler-Toledo International Inc. Mettler-Toledo International, Inc. manufactures and markets precision instruments for use in laboratory, industrial and food retailing applications. It also provides analytical instruments for use in life science, reaction engineering and real-time analytic systems used in drug and chemical compound development and process analytics instruments used for in-lineRead More →
S&P 500, Nasdaq notch records to end the week as market weighs merits of limited China trade-deal The S&P 500 and the Nasdaq Composite finished the week at records Friday but enthusiasm over an announced China-U.S. partial trade deal, which had sparked buying Thursday, faded as investors weighed aspects ofRead More →
At Home’s stock takes a dive after earnings guidance slashed, citing tariff-related headwinds Shares of At Home Group Inc. plunged 39% in premarket trading Thursday, after the home decor retailer reported fiscal third-quarter earnings that beat expectations, but slashed its full-year profit and same-store sales outlook, citing weak sales ofRead More →
Uber Eats and other third-party delivery services take a bite out of Domino’s Pizza Domino’s Pizza Inc. Chief Executive Richard Allison said third-party delivery services like DoorDash and Uber Eats were a challenge during the second-quarter, and they aren’t going away. “Our same-store sales performance for the quarter came inRead More →
Allstate Corp. The Allstate Corp. engages in the property and casualty insurance business and the sale of life and accident and health insurance products through its subsidiaries. It operates through following business segments: Allstate Protection, Service Businesses, Allstate Life, Allstate Benefits, Allstate Annuities, Discontinued Lines and Coverages, and Corporate andRead More →
Sonoco Products Co. engages in the manufacture of industrial and consumer packaging products and provides packaging services. It operates through the following segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. The Consumer Packaging segment offers round composite cans, shaped rigid paperboard containers, fiber andRead More →
Accenture Plc engages in the provision of management consulting, technology, and outsourcing services. It operates through the following segments: Communications, Media, and Technology; Financial Services; Health and Public Service; Products; Resources; and Other. The Communications, Media, and Technology segment serves communications, media, high-tech, and software and platform companies through accelerationRead More →
Cloudera stock drops more than 10% as losses widen following Hortonworks merger Cloudera Inc. shares fell more than 10% in after-hours trading Wednesday after the company said that losses in the fourth quarter were wider than expected, and forecast more red ink this year as Hortonworks is integrated. Cloudera, whichRead More →
Honeywell International, Inc. is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. It specializes in turbochargers control, sensing and security technologies for buildings and homes; specialty chemicals; electronic and advanced materials; process technology for refining and petrochemicals; and energy efficient products andRead More →
Buffett’s Berkshire dumps Oracle, buys Red Hat, and trims Apple holdings by 1%, filing shows Warren Buffett’s Berkshire Hathaway Inc. acquired a new position in software maker Red Hat Inc. and reduced its position in Apple Inc. at the end of December, according to 13F filings with the Securities andRead More →
Canopy Growth-backed pot company lists on CSE, valued at $480 million Slang Worldwide Inc. listed on the Canadian Securities Exchange Tuesday and investors valued the Canopy Growth Corp. -backed cannabis branding and distribution business at C$645 million ($480 million). Slang listed at C$1.50 and closed up 33% at C$1.99 Tuesday,Read More →
Victoria’s Secret parent L Brands shares drop as sales slip, but analysts are optimistic about 2019 L Brands Inc. shares fell 7.6% in Thursday trading after the Victoria’s Secret parent company reported a sales decline and said the merchandise margin rate for that lingerie brand was down “significantly” due toRead More →
Pitney Bowes cuts quarterly dividend and lowers full-year guidance Pitney Bowes Inc. said Tuesday it had net income of $44.9 million, or 24 cents a share, in the fourth quarter, down from $89.9 million, or 48 cents a share, in the year-earlier period. Adjusted per-share earnings came to 38 cents,Read More →
General Electric Co. is a technology and financial services company that develops and manufactures products for the generation, transmission, distribution, control and utilization of electricity. Its products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. TheRead More →
Is a low level of stock-trading volume warning of a new major downleg for the U.S. market? Some of the bearish advisers I monitor are worried that it might be, on the grounds that volume is a leading indicator and New York Stock Exchange trading volume has been trending lower.Read More →
