sales

Foot Locker Shares Jump on Better-than-Expected Earnings

Foot Locker Shares Jump on Better-than-Expected Earnings

Foot Locker, Inc. (NYSE: FL) on Friday reported its first quarter revenue and earnings that beat analysts’ estimates, sending the shares up more than 12 percent.The shoe store said total sales rose 1.2 percent to $2.03 billion in the firs..

Brady Corporation Announced Third-Quarter Results

Brady Corporation Announced Third-Quarter Results

On Thursday, Brady Corporation (NYSE: BRC) announced its financial results for the third quarter of fiscal 2018.According to the company, total sales for the third quarter rose 8.2% from $275.9 million for the same period last year to $298.4 mi..

Target Shares Tumble on Disappointing Earnings

Target Shares Tumble on Disappointing Earnings

Target Corporation (NYSE: TGT) on Wednesday announced quarterly profit that fell short of analysts’ estimates, sending its shares down more than 5 percent.The retailer said total revenue rose 3.5 percent to $16.56 billion in the quarter ended ..

China to Cut Auto Import Tariffs

China to Cut Auto Import Tariffs

China announced to make massive cut to auto import tariffs, a move to further open up the world’s largest auto market to international auto makers.China’s Finance Ministry said it will cut import tariffs on some of the vehicles to 15 per..

Baidu Shares Tumble After COO Qi Lu Steps Down

Baidu Shares Tumble After COO Qi Lu Steps Down

Baidu Inc. (NASDAQ: BIDU) on Friday announced that Qi Lu will step down from chief operating officer, sending the stock down more than 7 percent.Lu, a former executive at Microsoft, joined Baidu in January 2017. The company said Lu will no longer se..

Chipotle Stock Continues to Rally After Bullish Upgrade

Chipotle Stock Continues to Rally After Bullish Upgrade

Chipotle Mexican Grill Inc.’s (NYSE: CMG) stock continued to rally into Wednesday after it received a bullish upgrade from Piper Jaffray’s analyst. Chipotle shares gained 0.7 percent after the upgrade and gained another 2.1 percent on We..

Dow Lower After Eight-Day Rally; Bond Yields Rise

Dow Lower After Eight-Day Rally; Bond Yields Rise

The Dow Jones Industrial Average opened 24,809.55 on Tuesday morning, before falling 238.78 points midday, ending its eight-day rally. Stocks fell after Home Depot (NYSE: HD) reported weaker-than-expected earnings and bond yields jumped after the mo..