• Brinker International’s Fourth-Quarter Earnings Beat Views

    Brinker International’s Fourth-Quarter Earnings Beat Views

    Brinker International (EAT) on Tuesday reported fiscal fourth-quarter adjusted earnings that beat expectations, pushed higher by To Go sales at its Chili restaurants. The Dallas-based company, which operates the Chilis and Maggiano’s Little Italy brands, said adjusted per-share earnings for the quarter ended June 26 rose to $1.36, up from […]

  • Teva Shares Fall

    Teva Shares Fall

    Teva Pharmaceutical Industries (TEVA) shares on Wednesday dropped as the Israeli generic drug maker reported second-quarter earnings that were down more than 20% from the year before, but still came in better than expected. Teva said revenue in the quarter ended June 30 was $4.34 billion, down from $4.7 billion […]

  • Kellogg’s Second-Quarter Results Beat Consensus

    Kellogg’s Second-Quarter Results Beat Consensus

    Kellogg (K) reported better-than-expected results for its fiscal second quarter and affirmed its sales growth guidance for the year amid gains in North American snacks, even as the company said higher input costs and taxes weighed on profitability. Net sales rose 3% to $3.46 billion in the period ending June […]

  • Starbucks Raises Full-Year Outlook

    Starbucks Raises Full-Year Outlook

    Shares of Starbucks (SBUX) hit a new record early on Friday as the firm lifted its sales and earnings forecasts for fiscal 2019 after revenue and net income comfortably beat guidance in the third quarter due in part to a global expansion of stores. The group said in its earnings […]

  • Luckin Coffee Signs Agreement for Joint Venture

    Luckin Coffee Signs Agreement for Joint Venture

    Luckin Coffee (LK) is looking to expand to the Middle East and India in the chain’s first foray outside of its home market of China. Beijing-based Luckin, which raised $571 million in a May initial public offering, said on Monday that it signed a memorandum of understanding with Kuwaiti food […]

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Brinker International’s Fourth-Quarter Earnings Beat Views

Brinker International’s Fourth-Quarter Earnings Beat Views

Brinker International (EAT) on Tuesday reported fiscal fourth-quarter adjusted earnings that beat expectations, pushed higher by To Go sales at its Chili restaurants. The Dallas-based company, which operates the Chilis and Maggiano’s Little Italy brands, said adjusted per-share earnings for the quarter ended June 26 rose to $1.36, up from […]

by × August 13, 2019 × 0 comments

Global News

Teva Shares Fall

Teva Shares Fall

Teva Pharmaceutical Industries (TEVA) shares on Wednesday dropped as the Israeli generic drug maker reported second-quarter earnings that were down more than 20% from the year before, but still came in better than expected. Teva said revenue in the quarter ended June 30 was $4.34 billion, down from $4.7 billion […]

by × August 7, 2019 × 0 comments

Stock Focus

Kellogg’s Second-Quarter Results Beat Consensus

Kellogg’s Second-Quarter Results Beat Consensus

Kellogg (K) reported better-than-expected results for its fiscal second quarter and affirmed its sales growth guidance for the year amid gains in North American snacks, even as the company said higher input costs and taxes weighed on profitability. Net sales rose 3% to $3.46 billion in the period ending June […]

by × August 1, 2019 × 0 comments

Stock Focus

Starbucks Raises Full-Year Outlook

Starbucks Raises Full-Year Outlook

Shares of Starbucks (SBUX) hit a new record early on Friday as the firm lifted its sales and earnings forecasts for fiscal 2019 after revenue and net income comfortably beat guidance in the third quarter due in part to a global expansion of stores. The group said in its earnings […]

by × July 26, 2019 × 0 comments

Global News

Luckin Coffee Signs Agreement for Joint Venture

Luckin Coffee Signs Agreement for Joint Venture

Luckin Coffee (LK) is looking to expand to the Middle East and India in the chain’s first foray outside of its home market of China. Beijing-based Luckin, which raised $571 million in a May initial public offering, said on Monday that it signed a memorandum of understanding with Kuwaiti food […]

by × July 22, 2019 × 0 comments

Stock Focus

Markets Move Lower in Early Wednesday Trading

Markets Move Lower in Early Wednesday Trading

Equities edged lower on Wednesday as investors digested another slate of corporate earnings with railroad stocks sinking to weigh on industrials while health care components firmed. Markets have posted marginal moves this week as the second-quarter earnings season picked up pace, with a host of mixed results. Industrials on the […]

by × July 17, 2019 × 0 comments

Stock Focus

Brunswick Gets Price Target Cut at RBC

Brunswick Gets Price Target Cut at RBC

Marine company Brunswick (BC) had its rating and price target cut by RBC Capital Markets on Monday as the maker of boats and engines faced pressure from weather issues in the second quarter. Shares in Brunswick will be “range-bound” until the 2020 boat season gets closer, RBC analyst Joseph Spak […]

by × July 1, 2019 × 0 comments

Global News

TSX Down With Info Tech The Biggest Decliners

TSX Down With Info Tech The Biggest Decliners

The TSX is down 35 points this morning with info tech, industrials, the biggest decliners, down 0.84% and 0.71% respectively. Healthcare is down 0.66%. Blackberry shares are down 9% and the second most actively traded on the TSX, even though it reported an earnings beat. The stock is being buffeted […]

by × June 26, 2019 × 0 comments

Global News

Close-up photograph of stock market chart

Daimler Warns on Profit Due to Higher Costs

German auto giant Daimler (DAI.DE, DAI.F, DDAIF) issued a profit warning on Sunday, saying an “increase of provisions” for various ongoing governmental proceedings and measures relating to diesel vehicles will “affect” the company’s second-quarter 2019 earnings. The Stuttgart-headquartered group that makes cars, vans and trucks said in a trading update […]

by × June 24, 2019 × 0 comments

Business Watch

German Economic Sentiment Declines in June

German Economic Sentiment Declines in June

A closely-watched gauge of economic sentiment in Germany fell sharply in June as a combination of worse-than-expected export data and trade tensions between the US and China appeared to have dented analysts’ views of the nation’s growth prospects. The ZEW Indicator of Economic Sentiment for Germany, which is based on […]

by × June 18, 2019 × 0 comments