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American Eagle Outfitters Announced Second-Quarter Financial Results

American Eagle Outfitters Announced Second-Quarter Financial Results

On Wednesday, American Eagle Outfitters, Inc. (NYSE: AEO), a leading global specialty retailer, announced its financial results for the second quarter of 2017. After the announcement, shares of the company increased 11.4% on Wednesday.Total net reve..

La-Z-Boy Incorporated Down After Earnings Report

La-Z-Boy Incorporated Down After Earnings Report

La-Z-Boy Incorporated (NYSE: LZB) shares crashed more than 18% after the furniture company reported its operating results for the fiscal 2018 first quarter ended July 29, 2017. La-Z-Boy Incorporated manufactures, markets, imports, exports, distribut..

Bannon's Exit Impacts Stock Market

Bannon's Exit Impacts Stock Market

Friday was a happening day both for the White House and the U.S. stock market. Steve Bannon quit as chief strategists, making room for plenty of speculation about what went wrong and whether the exit was voluntary or forced.  Apart from the fac..

Herbalife Shares Jump as Company Announces Dutch Auction Self-Tender Offer

Herbalife Shares Jump as Company Announces Dutch Auction Self-Tender Offer

Herbalife Ltd. (NYSE: HLF) stock up about 11% after the nutrition company announced that it has, “commenced a modified Dutch auction self-tender offer to purchase for cash up to an aggregate of $600 million of shares of its common stock at a p..

Estee Lauder Co. Inc. Beats Q4 Results

Estee Lauder Co. Inc. Beats Q4 Results

Estee Lauder Co. Inc. (NYSE: EL) reported its fourth quarter earnings and beat estimates, boosting shares to an all time high.The company reported net sales of $2.89 billion, compared to an estimate of $2.85 billion, a 9 increase year over. Net earn..

China Limiting Overseas Investments

China Limiting Overseas Investments

China is looking to curb domestic companies’ investments abroad in property, sports, entertainment, and other fields after many series of high profile, multi-billion dollar acquisitions by Chinese firms. Regulators are aiming to stop foreign a..

L Brands Lowers Full Year Guidance, Shares Fall 10%

L Brands Lowers Full Year Guidance, Shares Fall 10%

Shares of L Brands (NYSE: LB), the parent company of Victoria’s Secret and Bath & Body Works, fell nearly 10 percent to $35.24 on Thursday after the company lowered its guidance for the year.Despite reporting second quarter earnings o..