profits

Delta Third-Quarter Earnings Top Estimates

Delta Third-Quarter Earnings Top Estimates

On Wednesday, Delta Air Lines, Inc. (NYSE: DAL), which is the largest U.S. airline by market capitalization, announced its financial results for the third quarter of 2017. Both earnings and revenue for the September quarter beat estimates, desp..

Nordstrom to Launch New Store, But it Won’t Sell Clothes

Nordstrom to Launch New Store, But it Won’t Sell Clothes

Nordstrom, Inc. (NYSE: JWN) will be launching a brand new store, but unlike the regular chain, it won’t be selling clothing, but offer services."As the retail landscape continues to transform at an unprecedented pace, the one thing w..

Wells Fargo Reports Progress on Second Half Expenses

Wells Fargo Reports Progress on Second Half Expenses

On Tuesday, the Chief Executive of Wells Fargo & Co (NYSE: WFC) says that the company is expecting to gain better control of costs in relation to revenues as they try to recover from a sales scandal. The company’s expenses will likely acco..

Movado Announced its Financial Results for the Second Quarter

Movado Announced its Financial Results for the Second Quarter

On Tuesday, Movado Group, Inc. (NYSE: MOV) reported its financial results for the quarter ended July 31, 2017. Both earnings and revenue beat expectations, and shares of the company rose 9% in premarket trade Tuesday.The company announced net sales ..

Amazon Cut Whole Foods Prices as Much as 43 Percent

Amazon Cut Whole Foods Prices as Much as 43 Percent

Amazon.com Inc. (NASDAQ: AMZN) is now the owner of Whole Foods, and its first day as the owner of the grocery chain Amazon cut prices as much as 43 percent. The price cuts emphasis that Amazon is willing to settle for small margins as long as it dri..

Costco to Pay Tiffany $19 Million for Selling Counterfeit Rings

Costco to Pay Tiffany $19 Million for Selling Counterfeit Rings

U.S. District Judge Laura Taylor Swain ruled on Monday that Costco Wholesale Corporation (NASDAQ: COST) is to pay Tiffany & Co. (NYSE: TIF) $11.1 million in trebled profits plus interest, as well as $8.25 million in punitive damages.Swain&r..

Apple and Aetna Discus Bringing Apple Watch to Aetna Clients

Apple and Aetna Discus Bringing Apple Watch to Aetna Clients

According to a report by CNBC, Apple Inc. (NASDAQ: AAPL) and Aetna Inc. (NYSE: AET) had several secret meetings last week, where the two discussed plans to bring Apple’s smartwatch, which has health and fitness-tracking features to millions of..