Shares of Francesca’s Holdings Corporation (NASDAQ: FRAN) jumped 91% in morning hours on Tuesday following the company’s second quarter 2019 earnings announcement. Net sales dropped 6% year-over-year to $106 million due to a 5% decrease in comparable sales. The comp sales decline was driven by lower average unit retail prices related to deeper markdowns on…
Diacomit (stiripentol) is an effective add-on oral therapy to reduce the frequency and duration of seizures in patients with Dravet syndrome, a review study has found. The study, “Stiripentol: A Novel Antiseizure Medication for the Management of Dravet Syndrome,” was published in the journal Annals of Pharmacotherapy. Dravet syndrome is a severe type of epilepsy…
Online travel company Ctrip.com International (NASDAQ: CTRP) reported stronger than expected earnings and revenues for the second quarter of 2019. However, the company’s stock lost about 5% during Monday’s after-hours trading session, immediately after the announcement. On an adjusted basis, the China-based company reported a net profit of RMB 1.3 billion or RMB 2.25 per…
Convenience store operator Casey’s General Stores, Inc. (NASDAQ: CASY) Monday reported higher earnings and revenues for the first quarter, which also came in above the market’s forecast. Earnings, on a per-share basis, rose 22% year-over-year to $2.31 in the first quarter of 2020 from $1.90 a year earlier and topped the Street’s expectations. Total revenues…
Media sharing platform Snap, Inc. (NYSE: SNAP) has been in the spotlight in recent weeks for the sharp movements of its stock, which maintained a steady uptrend. On Monday, the stock suffered one of the biggest intraday losses in recent times, marking a reversal of the recent trend wherein it made strong gains. Earlier, music…
Micron Technology Inc. (NASDAQ: MU) stock surged to a yearly high of $50 on Monday as semiconductor companies have been showing signs of recovery from the escalation of tariff tensions between the US and China. The recovery will continue to shower its grace on the companies for the balance of this year. The semiconductor sector…
The Kroger Co. (NYSE: KR) is slated to report second quarter 2019 earnings results on Thursday, September 12, before the market opens. Analysts expect the company to report earnings of $0.41 per share on revenue of $28.38 billion. The retail sector is seeing heavy competition with major players investing heavily in improving their delivery services…
Oracle Corporation (NYSE: ORCL) is scheduled to report first quarter 2020 earnings results on Thursday, September 12, after the closing bell. Analysts estimate earnings to increase 16% to $0.81 per share and revenue to inch up by 1% to $9.29 billion. Oracle is expected to benefit from the increasing adoption of its cloud-based applications which…
The market will be closely following the upcoming earnings announcement of Vince Holding (NYSE: VNCE) as the luxury apparel designer is widely expected to improve its financial position in the second quarter, after the relatively lackluster performance in the recent quarters. The results will be published Thursday after the closing bell. Analysts’ consensus estimates show…
Duluth Holdings (NASDAQ: DLTH), doing business as Duluth Trading Co., is set to release its second-quarter earnings results on Thursday before the market opens. The bottom line will be hurt by higher costs and expenses despite the top line benefitting from new stores opening in the retail segment. The results will be hurt by the…