sales

Momo Beats Q2, But Shares Plummet Over 19%

Momo Beats Q2, But Shares Plummet Over 19%

Momo Inc. (NASDAQ: MOMO) reported its second quarter earnings and beat estimates, but despite strong results, shares plummeted down over 19 percent during Tuesday’s trading hours.The Chinese social media company posted revenues for the second ..

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..

Gap shares rise after surpassing Q2 estimates

Gap shares rise after surpassing Q2 estimates

Shares of Gap Inc. (NYSE: GPS) rallied more than 6 percent in extended-hours trading after the retailer reported better than expected second quarter results and raised its full-year profit forecast on Thursday, Reuters reports.The company’s ne..

Cisco Systems Stock Down After Earnings

Cisco Systems Stock Down After Earnings

Cisco Systems, Inc. (NASDAQ: CSCO) announced Q4 and FY2017 results after the bell yesterday, culminating in a 4% drop in stock price today.The company met revenue expectations as well as estimates for earnings per share again, however it also report..

Wal-Mart Stores, Inc. Reported its Second Quarter, Shares Down

Wal-Mart Stores, Inc. Reported its Second Quarter, Shares Down

Wal-Mart Stores, Inc. (NYSE: WMT) reported its second quarter earnings for the 2018 fiscal year and beat estimates. Shares were down almost 3 percent during pre-market.Wal-Mart posted adjusted earnings of $1.08 compared to an estimate of $1.07 per s..

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..