Retail
Best Buy Shares Hit 52-Week High on Earnings
Best Buy Co. (NYSE: BBY) on Tuesday delivered earnings and revenue that beat analysts’ expectations, sending its share price to a 52-week high. The electronics retailer also raised its earnings...
Target Shares Surge on Earnings
Target Corp. (NYSE: TGT) on Wednesday delivered third quarter earnings and sales that topped analysts’ estimates, sending shares up more than 9% at market open. The retailer said revenue grew 4.7%...
Home Depot Misses Revenue Estimates, Cuts 2019 Outlook
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...
Coty Buys Majority Stake in Kylie Cosmetics
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...
Tyson Shares Jump Despite Earnings and Revenue Miss
Shares of Tyson Foods, Inc. (NYSE: TSN) are up over 6% on Tuesday, even after the meat producer reported fourth quarter earnings and sales that fell short of estimates. Tyson said net sales...
Coty Outpaces First Quarter Earnings Estimates
Global beauty brand Coty Inc. (NYSE: COTY) came out with first quarter earnings that exceeded Wall Street’s expectations on Wednesday, sending its share price up more than 13%. The parent of...
Altria Cuts Value of Juul Stake by USD 4.5 Billion
Tobacco giant Altria Group, Inc. (NYSE: MO) on Thursday said it took a USD 4.5 Billion hit from its investment in electronic cigarette maker Juul Labs Inc. amid proposed U.S. bans on e-cigarette...
J&J Says 15 Tests Indicate No Asbestos in Baby Powder
Shares of Johnson & Johnson (NYSE: JNJ) opened more than 3% higher on Wednesday after the company reported that 15 new tests from the same bottle of Johnson’s Baby Powder previously tested by...
Lululemon Workers Claim Abuse in Bangladeshi Factory
Lululemon Athletica, Inc. (NASDAQ: LULU) is investigating reports that its female workers at a factory in Bangladesh are being beaten, verbally abused and forced to work overtime. According to a...
Bed Bath and Beyond Names Mark Tritton as President and CEO
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,...
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