Category: Company News

JCPenney’s Low Value Jeopardizes Its Stock Exchange Listing

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The company has six months to get its stock up to $1 per share.

JCPenney first joined the New York Stock Exchange in 1979, but this week, the company was warned it could be delisted if it doesn’t bring up its stock price. The stock has trailed below $1 since mid-July after a report came out that the company is working with experts to restructure its debt.

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Microsoft Banks on Collaboration Strategy

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Microsoft stock has increased by 275% since bringing on a new CEO…

Satya Nadella took over as CEO of Microsoft in 2014. On his first day, Nadella sent out an email to Microsoft employees indicating his dedication to helping Microsoft thrive in a mobile- and cloud-based world.

In the memo, Nadella explained Microsoft’s need to focus on harnessing the power of software and delivering it through devices to empower consumers and organizations.

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Walmart Q2 Earnings: What to Expect From the Retail Giant

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Will the company raise its guidance for the rest of fiscal 2020?

Walmart is the world’s largest retailer, and analysts always want to see what the company is doing next. Walmart reported positive growth over the last few years and its shares are up nearly 15% year to date. 

And this Thursday, Walmart is set to release its fiscal second-quarter earnings report. The Zacks consensus estimate has Walmart bringing in more than $130 billion in revenue and earnings of $1.21 per share.

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Roku Crushes Wall Street Expectations With Latest Earnings

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The company increased its bottom line and minimized its losses. 

Earnings season continues, and last week, Roku released its second-quarter earnings report. Roku regularly beats Wall Street expectations, and this latest earnings report was no exception. The company’s revenue increased by 59% year over year, and it lost less money than expected. 

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Garmin: All Signs Point to Continued Growth

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Garmin recently delivered another exciting earnings report to investors.

Garmin doesn’t always get the recognition it deserves. The wearables market is becoming an increasingly crowded space, but Garmin has managed to hold its own against strong competitors. 

For the last few years, Garmin has posted record sales and its stock is up more than 20% year to date. And just last week, the company released its second-quarter earnings report which showed continued progress toward the company’s sales goals.

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Disappointing Q2 Earnings Drive Uber Stock Drop

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Uber shares take a dip after weak earnings…

Uber shares plunged by as much as 12% on Thursday after the company released its Q2 2019 earnings report. The rideshare company failed to meet Wall Street’s expectations for the quarter, and the report left a lot for investors to be concerned about.

The most worrying detail from the press release may be the company’s net losses, which reached an astounding $5.24 billion. These losses are largely due to stock-based compensation from the company’s IPO in May.

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