Dropbox (NASDAQ: DBX), which redefined the concept of online file hosting, has not been able to live up to the expectations of stakeholders, in a rapidly evolving industry that demands constant innovation. After expanding its subscriber base impressively, the company is currently facing competition from free cloud storage providers like Google (GOOG) and Microsoft (MSFT).…
Walmart Inc. (NYSE: WMT) is slated to release its fourth-quarter 2020 earnings results on Tuesday, February 18, before the market opens. The results will be benefited from the seamless connection between its stores and e-commerce business with a favorable economic environment contributing positively. The company has been busy in investments for remodeling and technology of…
Nordstrom Inc. (NYSE: JWN) is one department store chain that managed to stay resilient to the retail upheaval that continues to pose a threat to traditional players. The continuing efforts to innovate and adapt to the changes have given the company an edge over most of its peers. It is expected to reflect in the…
Shares of Glu Mobile Inc. (NASDAQ: GLUU) gained over 56% in the past six months and 32% in the past three months. The mobile game developer is expected to maintain the uptrend in the long term, helped by new game releases in 2020. The stock dropped over 4% Friday afternoon, despite showing signs of a…
Yelp Inc. (NYSE: YELP) missed both revenue and profit estimates for the fourth quarter of 2019 when it reported results on Thursday. The stock, which dropped during after-hours trading, has still not recovered and was down 9% in early trade on Friday. Revenues grew 10% year-over-year to $269 million but analysts were looking for $273…
— Acasti Pharma Inc. (NASDAQ: ACST) reported Q3 2020 net loss of CAD15.7 million, or CAD0.18 per share, compared to net loss of CAD4.6 million, or CAD0.07 per share, last year. — Loss from operating activities was CAD7.9 million compared to a loss of CAD10.7 million last year. — R&D expenses before depreciation, amortization and…
— The Royal Bank of Scotland Group Plc (NYSE: RBS) reported its fourth-quarter 2019 earnings of GBP0.116 per share, up from GBP0.023 per share in the previous year quarter. — Operating profit before tax soared to GBP1.55 billion from GBP572 million last year. — Across the retail and commercial businesses, income declined by 4% excluding…
— AstraZeneca (NYSE: AZN) reported fourth quarter 2019 earnings of $0.24 per share and core earnings of $0.89 per share. — Revenue rose 8% to $6.66 billion vs. $6.75 billion expected. Products sales rose 8% year-over-year to $6.25 billion. — Oncology sales advanced by 29% and respiratory sales grew by 13%. Biopharmaceuticals sales increased by…
— Enbridge Inc. (NYSE: ENB) reported Q4 2019 GAAP earnings of CAD746 million, or CAD0.37 per share, compared to CAD1.08 billion, or CAD0.60 per share last year. — Adjusted earnings was CAD1.2 billion, or CAD0.61 per share, compared to CAD1.1 billion, or CAD0.65 per share, last year.   — Distributable cash flow was CAD2 billion.…
— Newell Brands (NASDAQ: NWL) reported its fourth-quarter 2019 normalized earnings of $0.42 per share versus $0.39 per share expected. — Net sales decreased by 3.1% to $2.6 billion versus $2.58 billion expected. This reflected a 1.5% decline in core sales and the unfavorable impact of foreign exchange. Core sales increased at four of eight…