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As part of its plan to reduce operating costs, UBS Group AG (NYSE:UBS) slashed more than 150 jobs worldwide in recent months. The news was first reported by Bloomberg, citing people with knowledge...
In an effort to cope with a slump in revenues, Goldman Sachs (NYSE:GS) is trying to expand its client base by selling more of its core banking products. The investment bank said in a statement that...
Shares of Home Depot (NYSE:HD) have underperformed its industry’s average in 2019. With that said, Walmart (NYSE:WMT) posted its strongest Q1 comps growth in nine years on Wednesday. So,...
Stock buybacks have been prolific in the past 15 months. This aggressive repurchase strategy might not be as beneficial as the market wants us to believe. Analysts at Ned Davis Research estimates that...
Venator Materials PLC (NYSE:VNTR) swung to a loss of $3 million or 3 cents per share in the first quarter of 2019, from a profit of $78 million or 73 cents a year ago.Adjusted earnings per share for...
ZTO Express (Cayman) Inc.’s (NYSE:ZTO) first-quarter 2019 earnings of 18 cents per share missed the Zacks Consensus Estimate by a penny. However, the bottom line improved substantially year...
In 2007, streaming giant Netflix (NASDAQ:NFLX) (NFLX) made the decision not to produce the hardware for a video and audio player device and instead invested $6M in a spinoff named Roku (ROKU) that was...
At the beginning of this year, I was at dinner with my wife. Sitting at the table next to us, was a young financial advisor, who was probably in his mid-30’s, meeting with his client who...
OUTFRONT Media Inc. (NYSE:OUT) recently unveiled a creative by Shepard Fairey, an American contemporary street artist in the Detroit Metropolitan Area. The artwork, one of the five different designs...
Welltower Inc. (NYSE:WELL) recently closed the previously-announced buyout of a portfolio of Class A health care facilities for $1.25 billion from CNL Healthcare Properties. The accretive...
Summary: Alphabet (NASDAQ:GOOGL) (GOOG) rose by 4%, after Deutsche Bank (DE:DBKGn) raised its price target on the stock to $1400. While this may be a good call, it appears premature based on the...
Vodafone Group Plc (NASDAQ:VOD) is planning to merge its tower infrastructure in Italy with Infrastrutture Wireless Italiane S.p.A. (INWIT) to enhance return on capital invested, per Reuters....
Walmart (NYSE:WMT) released its first-quarter fiscal 2020 financial results before the opening bell on Thursday. The retail powerhouse topped earnings estimates and posted its strongest Q1...
Weibo Corporation (WB) closed at $59.04 in the latest trading session, marking a +0.08% move from the prior day. The stock lagged the S&P 500's daily gain of 0.89%. Elsewhere, the Dow gained...
In the latest trading session, Zuora (ZUO) closed at $22.56, marking a +1.44% move from the previous day. This move outpaced the S&P 500's daily gain of 0.89%. Meanwhile, the Dow gained 0.84%, and...