— J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) reported Q4 2019 earnings of $1.35 per share, vs. $1.50 expected. — Revenues grew 6% to $2.45 billion, vs. $2.46 billion expected. — Intermodal segment revenue remained flat year-over-year at $1.27 billion. — Dedicated Contract Services (DCS) segment revenue grew 20% to $717 million. — Integrated Capacity…
Oil and gas company Schlumberger Limited (NYSE: SLB) reported an increase in fourth-quarter adjusted earnings as revenues rose modestly. The results came in above the market’s prediction and the company’s stock gained early Friday, following the announcement. At $8.2 billion, fourth-quarter revenues were up 1% from the year-ago period. The top-line also exceeded expectations. Revenues…
Fastenal Company (NASDAQ: FAST) reported a 6% increase in earnings for the fourth quarter of 2019 helped by higher sales. The bottom line came in line with the analysts’ expectations while the top line missed consensus estimates. Net income increased by 6% to $178.7 million or $0.31 per share. Net sales grew by 3.7% to…
— Regions Financial Corporation (NYSE: RF) reported Q4 2019 earnings of $0.38 per share, vs. $0.39 expected. — Revenues grew 2.8% to $1.48 billion, vs. $1.48 billion expected. — Net interest income and other financing income on a taxable equivalent basis was $931 million. — Non-interest income rose 16.8% year-over-year to $562 million. — Net…
A new double-combination therapy that promotes lung expansion and airway clearance has been approved by the U.S. Food and Drug Administration (FDA) for the treatment of people with lung diseases including chronic obstructive pulmonary disease (COPD) and asthma. The therapy was developed by the Monaghan Medical Corporation  and combines two of their existing products — the VersaPAP…
ST. JOHN’S, N.L. — Health officials in Newfoundland and Labrador have reported the province’s first probable case of a lung illness related to vaping. The province’s chief medical officer confirmed Friday that a person became ill in late 2019 after using a cannabis product, which was not available for testing. The person was hospitalized but has since recovered. The province…
ALBUQUERQUE, N.M. — Authorities say a SWAT team was forced to smoke out suspects in an Albuquerque marijuana dispensary burglary that sparked a standoff. Police said Kyle Minard, 35, was arrested Tuesday after the SWAT team dispatched tear gas into the R. Greenleaf business. Around four hours later, Bronson Jeremy Vigil, 32, came running out…
SMITH FALLS, Ont. — Canopy Growth Corp. is delaying the launch of its cannabis-infused drinks. The company says work to scale up to commercial production is not complete and it is delaying the launch date while it completes the final steps. Canopy submitted its final documentation for its beverage facility to Health Canada last June…
— CSX Corporation (NASDAQ: CSX) reported its fourth-quarter 2019 earnings of $0.99 per share versus $0.97 per share expected. — Revenue fell by 8% to $2.89 billion versus $2.92 billion expected. This was due to lower volumes and negative mix from coal market headwinds. — Expenses decreased by 9% year-over-year to $1.73 billion, driven by…
PetMed Express Inc. (NASDAQ: PETS) is slated to report its third-quarter 2020 earnings results on Tuesday, January 21, before the market opens. The pet pharmacy operator’s results are likely to be pressurized by lower prices arising from the stiff competition in the market. The stock remained on the positive momentum as it has risen over…