Bed Bath & Beyond Inc. BBBY is one of the many companies, which are leaving no stone unturned to recover from the coronavirus crisis that has badly hit the global economy. In this context, it has come up with a new restructuring plan that is likely to generate pre-tax cost s
In a concerted effort to augment its virtualized solution portfolio, Viavi Solutions Inc. VIAV recently inked an agreement to acquire network monitoring solutions provider Expandium for an undisclosed amount. The buyout will enable Viavi to better serve the virtualization requir
The Hain Celestial Group, Inc. HAIN reported fourth-quarter fiscal 2020 results, wherein the bottom line exceeded the Zacks Consensus Estimate, while the top line missed the same. Results in North America benefited from increased at-home consumption due to COVID-19, though the I
While investors will be eyeing the July Durable Orders report to be published before the open, they will also be closely watching Hurricane Laura, which earlier this morning was upgraded to a Category 4 hurricane.
Canada's main stock index is set to extend its rebound over the coming months and in 2021, boosted by an expected recovery in corporate earnings after they were hammered by the coronavirus pandemic, a Reuters poll found.
Don't get too attached to those recent stock market gains, at least according to strategists polled by Reuters. Wall Street's rally is likely run out of fuel as investors fret about the November presidential election, with the major indexes ending 2020 below current record highs, according to the poll, conducted over the past two weeks.
DENTSPLY SIRONA Inc. XRAY is well poised for growth on the back of strong focus on Research and Development (R&D) and product portfolio. However, weakness in its Consumables segment remains a concern.The stock has lost 15.2%, compared with the industry’s decline of 2.7% in
Political pressure is growing in Brazil to disband a high-profile team of anti-corruption prosecutors that has put dozens of former executives and politicians behind bars, despite its strong popular support and hundreds of cases still pending.
Bank of Montreal’s BMO third-quarter fiscal 2020 (ended Jul 31) adjusted net income was C$1.26 billion ($0.92 billion), down 20% year over year.The results reflect a significant rise in credit costs and lower loan balance. However, increase in revenues, lower expenses and impr
Wall Street's astonishing performance over the past five months has primarily been driven by a historic rally of the technology sector. However, a closer look into the new bull market reveals that aside from the technology sector, the consumer discretionary sector also provided
Numerous Chinese and U.S. military exercises, Taiwan missiles tracking Chinese fighters and plummeting China-U.S. ties make for a heady cocktail of tension that is raising fears of conflict touched off by a crisis over Taiwan.
Indian stocks won't return to their pre-COVID-19 levels this year despite a rally in recent months because companies face further difficulties and a market correction is likely, a Reuters poll of equity strategists found.
European stocks are expected to stall for the rest of 2020 and miss out on the bull market which has propelled Wall Street to record highs, a Reuters poll of 27 fund managers, strategists and brokers published on Wednesday showed.
The owner of Burger King's franchise in Thailand became the latest company on Wednesday to bow to boycott calls by protesters who accused it of advertising on a television network they brand pro-government.
Numerous Chinese and U.S. military exercises, Taiwan missiles tracking Chinese fighters and plummeting China-U.S. ties make for a heady cocktail of tension that is raising fears of conflict touched off by a crisis over Taiwan.
Major international banks may still pay out big bonuses to high flyers this year even as the pandemic saps the global economy, as fears of losing talent to rivals during a trading boom trump worries of a big compensation bill.
Public confidence in virus control, rather than the length and stringency of government lockdowns, may be the best way to gauge how economies emerge from this year's pandemic - though tracking that confidence can be a bewildering business.
Both the S&P 500 and the Nasdaq touched new records again on Tuesday, as investors continue to jump into stocks amid the current interest rate environment. There have also been signs of recovery and the third quarter earnings outlook has improved, as the economy learns to li
Japanese shares have limited potential for further gains this year, according to a Reuters poll of strategists concerned about corporate earnings, the upcoming U.S. presidential election, and questions over Tokyo's political leadership.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which