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Estee Lauder tops Q4 Earnings and Revenue Estimates

Estee Lauder tops Q4 Earnings and Revenue Estimates

Estee Lauder Cos Inc. (NYSE: EL) beat quarterly profit and sales estimates on Monday, August 20TH, 2018 as customers purchased more of its Clinique and La Mer skincare products at duty free stores, online and beauty retailers.Following the report, s..

Nordstrom shares boosted by e-commerce sales

Nordstrom shares boosted by e-commerce sales

Nordstrom Inc. (NYSE: JWN) The Company’s shares surged over 9% on Friday, a day after its quarterly same-store sales numbers trounced Wall Street estimates, leaving analysts impressed with the upscale retailer’s online channels and its c..

Walmart and Ellen Degeneres to launch fashion line

Walmart and Ellen Degeneres to launch fashion line

Walmart Inc. (NYSE: WMT) announced today that it will be working with Ellen Degeneres to launch a new women’s fashion line called EV1, which will debut in September of this year. The fashion line will feature close to 60 items, ranging fr..

Sunoco gas stations in Detroit hit with lawsuit for illegally selling viagra

Sunoco gas stations in Detroit hit with lawsuit for illegally selling viagra

Sunoco LP (NYSE: SUN) gas stations located in Detroit have been hit with a lawsuit alleging that the gas stations have been selling Viagra without prescriptions and under misleading circumstances. The lawsuit was filed by Outlaw Laboratory, a compan..

Overstock shares soar after investment in its blockchain unit tZero

Overstock shares soar after investment in its blockchain unit tZero

Overstock.com, Inc. (NASDAQ: OSTK) shares jumped as much as 21% in after-hours trading on Thursday after the e-commerce retailer announced that Hong Kong private-equity firm GSR Capital will invest up to USD 270 Million into Overstock's blockcha..

Viacom Misses on Revenue Estimates, Profits Up Due to Horror Film “A Quiet Place”

Viacom Misses on Revenue Estimates, Profits Up Due to Horror Film “A Quiet Place”

Viacom Inc. (NASDAQ: VIA) reported quarterly revenue on Thursday that fell below Wall Street estimates as domestic advertising sales fell and the Media Company collected lower fees from cable TV operators and online distributors.The Company said wor..

Yelp shares soar on profit and ad revenue beat

Yelp shares soar on profit and ad revenue beat

Shares of Yelp Inc. (NYSE: YELP) soared after the online review website reported second quarter profit that beat Wall Street estimates and resulted in a 21% surge in advertising revenue.The San Francisco-based company on Wednesday reported..