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Gold Prices Modestly Gain on Tuesday

Stocks0 Comments Gold prices were lifted higher on Tuesday after erasing losses during early morning sessions. December gold futures gained USD 1.20 per ounce to USD 1,473.10 during late afternoon sessions. Early morning on Monday, gold erased...

Home Depot Misses Revenue Estimates, Cuts 2019 Outlook

Stocks0 Comments Shares of Home Depot, Inc. (NYSE: HD) are down about 5% on Tuesday after the company cut its 2019 forecast and reported same-store sales that fell short of estimates. Home Depot also posted revenue that missed analysts’ targets....

Hong Kong Market Rebounds on Trade Talks After Violent Week

Stocks0 Comments Hong Kong’s Hang Seng index tumbled last week by as much as 1,300 points or 4.7% as the protests continued to escalate and as the U.S.-China trade war continued to pound on global economies. Last week, Asian markets edged lower...

Coty Buys Majority Stake in Kylie Cosmetics

Stocks0 Comments Shares of beauty giant Coty Inc. (NYSE: COTY) are up about 2% on Monday after the company announced it will take a majority stake in Kylie Cosmetics. The deal, expected to close in the third quarter of fiscal 2020, gives Coty a...

Ford Announces its First All-Electric SUV

Stocks0 Comments Ford Motor Co. (NYSE: F) on Thursday announced it will be unveiling its first all-electric SUV on November 17 at an event in Los Angeles. The Mustang Mach-E will make its debut in a worldwide streaming event. Following the...

U.S. Consumer Prices Rise 0.4% in October

Stocks0 Comments Consumer prices rose a seasonally adjusted 0.4% in October, the Labor Department said Wednesday. Households paid more for energy products, healthcare, food and a range of other goods. The Consumer Price Index (CPI), which...

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Aphria Shares Pop on Q1 Earnings

Blog0 Comments Shares of Aphria Inc. (TSX: APHA) (NYSE: APHA) are up over 22% on Tuesday after the cannabis producer posted a first-quarter profit of CAD 16.4 Million, its second straight quarter of profitable growth. The Leamington,...

CannTrust Takes Steps Towards Full Regulatory Compliance

Blog0 Comments CannTrust Holdings Inc. (TSX: TRST) (NYSE: CTST) on Monday announced its continued progress on taking all actions to bring the company back into full compliance and reinstatement of its licenses.  Previously on September 17th of...

Bed Bath and Beyond Names Mark Tritton as President and CEO

Blog0 Comments Shares of Bed Bath and Beyond, Inc. (NASDAQ: BBBY) soared as much as 23% in after-hours trading on Wednesday after the Company announced Mark Tritton will become its new President and CEO, succeeding interim CEO Mary A. Winston....

American Airlines Cuts Boeing 737 Max from Schedule until January

Blog0 Comments Shares of American Airlines Group, Inc. (NASDAQ: AAL) are up just over 3% on Wednesday after the Company pulled the Boeing 737 Max from its flying schedule until mid-January, the longest delay of any U.S. airline. American said the...

Southwest Airlines Pilots Sue Boeing Over 737 Max Grounding

Blog0 Comments Southwest Airlines Co. (NYSE: LUV) pilots filed a lawsuit against The Boeing Company (NYSE: BA) on Monday, alleging that the planemaker “deliberately misled” the airline’s labor union about the 737 Max jet. The lawsuit, filed in...

Domino’s Reports Disappointing Earnings and Sales

Blog0 Comments Shares of Domino’s Pizza, Inc. (NYSE:DPZ) opened nearly 6% lower on Tuesday after the Company posted weaker-than-expected third-quarter earnings and revenue. The fast food chain also trimmed its long-term sales forecast amid fierce...