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U.S. Housing Starts Reach 12-Year High in August

U.S. Housing Starts Reach 12-Year High in August0 Comments U.S. homebuilding reached a more than a 12-year high in August as both single- and multi-family housing construction sped up, suggesting that lower mortgage rates finally gave the housing...

Chewy Shares Fall on Wider-Than-Expected Quarterly Loss

Chewy Shares Fall on Wider-Than-Expected Quarterly Loss0 Comments Online pet-products retailer Chewy, Inc. (NYSE: CHWY) delivered better-than-expected revenue for its second quarter of 2019 but missed earnings forecasts, sending shares down as...

General Mills Announces First Quarter Financial Results

General Mills Announces First Quarter Financial Results0 Comments Shares of General Mills, Inc. (NYSE: GIS) are down about 2% on Wednesday after the food manufacturer posted mixed first quarter financial results. The Golden Valley,...

Oil Prices Rise after Attacks on Saudi Arabia Facilities

Oil Prices Rise after Attacks on Saudi Arabia Facilities0 Comments Oil prices witnessed a sharp rise over the weekend after Saudi Arabia’s oil facilities were attacked during pre-dawn hours on Saturday. The attacks eliminated more than half of...

Kraft Heinz Slips as 3G Capital Cuts Stake

Kraft Heinz Slips as 3G Capital Cuts Stake0 Comments Kraft Heinz Company (NASDAQ: KHC) stock fell as much as 3.8% on Tuesday after its second-largest shareholder 3G Capital Partners sold more than 25 million shares in the American food giant. The...

Tens of Thousands of GM Auto Workers Go on Strike

Tens of Thousands of GM Auto Workers Go on Strike0 Comments The United Auto Workers union (UAW) went out on strike against General Motors Company (NYSE: GM) Sunday night, marking the first work stoppage in the U.S. auto industry in more than a...

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Pfizer to Merge Subsidiary with Mylan

Pfizer to Merge Subsidiary with Mylan0 Comments Pfizer (NYSE: PFE) announced on Monday morning that its subsidiary, Upjohn will merge with Mylan (NASDAQ: MYL). Following the...

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BJ’s Shares Soar on Quarterly Beat

BJ’s Shares Soar on Quarterly Beat0 Comments BJ’s Wholesale Club (NYSE: BJ) reported its second quarter financial results before the opening bell on Thursday. The wholesale retailer reported...

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Staff Picks

Exxon Mobil Profit Sinks for the Third Consecutive Quarter

Exxon Mobil Profit Sinks for the Third Consecutive Quarter0 Comments Exxon Mobil Corporation (NYSE: XOM) on Friday reported earnings that disappointed investors for the third consecutive quarter. Quarterly profit fell by 21%, the third straight...

Shopify Shares Up After Q2 Beat

Shopify Shares Up After Q2 Beat0 Comments Shopify (NYSE: SHOP) reported its second quarter financial results before the opening bell on Thursday. The online e-commerce platform reported surpassed analysts’ earnings and revenue estimates, sending...

CVS Shares Rise Amid Market Tumble

CVS Shares Rise Amid Market Tumble0 Comments Despite the market tumbling lower on Wednesday, CVS Health Corporation (NYSE: CVS) reportedearnings that propelled the stock 5% higher in early morning trading. CVS raised its guidance for its...

CannTrust Shares Fall after Halting Sales

CannTrust Shares Fall after Halting Sales0 Comments CannTrust (NYSE: CTST) shares continued to slide on Friday morning after the Companyannounced on Thursday that it will implement a voluntary halt on sale and shipment of all cannabis production....

Square Shares Plunge Despite Beating Q2 Estimates

Square Shares Plunge Despite Beating Q2 Estimates0 Comments Square, Inc. (NYSE: SQ) reported its second-quarter financial results after the closing bell on Thursday. The digital payment company topped analysts’ estimates, however, reported an...