Stage 1 – Take Off In the Week of January 20th, when reporting their quarterly earnings, every listed airline in the United States was very upbeat about 2020 and the new decade ahead. Though some of them bore the operational brunt of MAX groundings, the airline industry never had it better. During its Q4 Earnings…
eBay Inc. (NASDAQ: EBAY) stock plunged to a 4-year low of $26.02 on Monday as concerns are mounting about the company’s future in the midst of the competition war, weakening merchandise volumes and margin pressures. Investors remained double-minded about the e-commerce marketplace’s business model. The company generates revenue primarily from the transactions it successfully enables…
Epidiolex (cannabidiol), as an add on-therapy administered at either a low or high dose, leads to similar clinically relevant reductions in the frequency of convulsive seizures in children with treatment-resistant Dravet syndrome, Importantly, a lower Epidiolex dose shows a better safety and tolerability profile when compared to the higher dose. Those results from the clinical trial “Dose-Ranging Effect…
Shares of General Electric (NYSE: GE) were down 6% in afternoon trade on Monday after the company announced job cuts at its Aviation division due to aircraft groundings and flight cancellations caused by the current health crisis. In the wake of the coronavirus pandemic, several airlines have cancelled their flights and grounded significant portions of…
As the coronavirus outbreak continues unabated and people remain indoors, the need for food and grocery delivery services has increased multiple-fold. In this scenario, retailers, ecommerce companies and fast food chains are struggling to meet the needs of customers and are looking to hire more people to tackle this situation. Let’s take a look at…
The market was surprised last month when home construction company Toll Brothers (NYSE: TOL) reported weaker-than expected first-quarter results, at a time when the US housing market is at its best in nearly a decade. The dismal outcome took a toll on the company’s stock, amid growing fears that the covid-19 outbreak might trigger a…
Nike Inc. (NYSE: NKE) has been struggling in the challenging environment amid the sportswear giant inching closer to its third-quarter 2020 earnings release on Tuesday after the market closes. The results continued to be weighed by the competition and margin pressures despite enjoying solid customer loyalty. The demand for sportswear continues to remain high but…
Micron Technology Inc. (NASDAQ: MU) is scheduled to report second quarter 2020 earnings results on Wednesday, March 25, after the closing bell. Analysts expect the company to report earnings of $0.37 per share on revenue of $4.6 billion. The company has seen falling revenues over the past two quarters due to low demand for microprocessors.…
Thor Industries, Inc. (NYSE: THO), a market leader in recreational vehicles, is part of an industry that has come in the firing line of coronavirus, and the epidemic-related disruption is taking a heavy toll on all travel-related businesses. Currently, uncertainty looms over the future of Thor and its peers, due to the the market turmoil.…
The Covid-19 outbreak has turned into a global pandemic as the total confirmed cases are increasing day-by-day, nearing 255,000 worldwide. Governments around the world have banned public gatherings in many places for restricting the spread of the virus. This has led to companies canceling their earnings conference calls or rescheduling them through web-mode. This week’s…