commerce

Target Third-Quarter Earnings and Sales Miss Estimates

Target Third-Quarter Earnings and Sales Miss Estimates

Target Corp. (NYSE: TGT) reported on Tuesday third-quarter earnings and comparable sales that fell below estimates despite generating more revenue than expected, sending its shares down 7% in premarket trade.Profit missed expectations as price cuts,..

Alibaba Shares Fall on Q3 Revenue Miss

Alibaba Shares Fall on Q3 Revenue Miss

Alibaba (NYSE: BABA), the Chinese e-commerce giant continues to grow fast. The company reported second-quarter revenue of USD 12,398 Million on Friday and earnings per share of USD 1.11. This beats analysts expectations of USD 1.08 a share. It&rsquo..

Wayfair Shares Plummet on Larger-Than-Expected Loss

Wayfair Shares Plummet on Larger-Than-Expected Loss

Wayfair Inc. (NYSE: W) reported its third quarter financial results before the opening bell on Thursday. The Company topped revenue estimates, but reported a larger-than-expected loss for the quarter, sending shares plummeting by 17% at the opening ..