report

Abercrombie & Fitch Reported Third Quarter Financial Results

Abercrombie & Fitch Reported Third Quarter Financial Results

Abercrombie & Fitch Co. (NYSE: ANF) shares surged more than 25% on Thursday after the Company reported quarterly earnings and sales that topped Wall Street estimates, fueled by growth of its Hollister label.Net income for the fiscal third quarte..

Blue Apron Shares Tumble on Revenue Miss

Blue Apron Shares Tumble on Revenue Miss

Blue Apron Inc. (NYSE: APRN) on Thursday announced second quarter revenue that missed analysts’ estimates, sending its shares down over 19%.The Meal-kit company said revenue decreased 25% to USD 179.6 Million in the second quarter of 2018 due ..

Tesla to Build Factory in Shanghai

Tesla to Build Factory in Shanghai

Electric car manufacturer, Tesla Inc. (NASDAQ: TSLA), has confirmed the company has reached an agreement with the Shanghai municipal government to build a factory in the region, according to people familiar with the project, reported by the Wall Str..

U.S. Jobless Claims Increased by 1,000 to 236,000

U.S. Jobless Claims Increased by 1,000 to 236,000

The number of Americans filing for unemployment benefits increased last week, but it still remains at a very low level and suggests a healthy labor market conditions.Initial claims for unemployment benefits increased by 1,000 to a seasonally adjuste..