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HP Inc’s stock is currently trading at 20.27-lower by 15.01% as compared to the previous closing price. The company on Wednesday reported quarterly revenue that fell short of the consensus estimates due to weaker-than-expected sales in both its personal computer and printing businesses. Sales in the personal systems business, which accounts for more than 60% of the company’s total revenue, rose 2.3% to $9.66 billion in the first quarter- below the market expectation of $9.74Read More
Lowe’s stock is currently trading at 106.74-higher by 1.67% as compared to the previous closing price. The company on Wednesday morning delivered a mixed earnings report for the fourth quarter. Lowe’s, however, soothed investors’ concerns by hinting at early signs of strength in its spring business and continued strength in the U.S. in 2019. The company generated EPS (excluded one-time items) of 80 cents for the fourth quarter. The EPS was above the market expectationRead More
In the pre-market trading session, Home Depot’s stock was trading at 183.80-lower by 3.25% as compared to the previous closing price. The company on Tuesday morning reported earnings and sales for the fourth quarter that missed the market expectation. Home Depot also offered a weaker-than-anticipated outlook for fiscal 2019. The company generated adjusted EPS of $2.09 for the fourth quarter. The EPS was below the market expectation of $2.16. The company brought in $26.49 billionRead More
In the pre-market trading session, General Electric’s stock was trading at 11.65-higher by 14.55% as compared to the previous closing price. GE stocks rose after Danaher announced earlier today that it will buy General Electric’s biopharmaceutical business in a $21.4 billion deal. According to the deal, Danaher will pay $21 billion in cash, as well as assume certain GE pension liabilities. General Electric plans to use the proceeds to reduce leverage and strengthen the balanceRead More
Dropbox Inc. is currently trading at 23.29-lower by 8.99% as compared to the previous closing price. In the pre-market trading session, the stock was trading lower by 6.6%. The stock has continued falling after the opening bell. Dropbox shares fell after the tech company issued guidance for the first quarter and all of 2019 on Thursday. The company expects $379 million to $382 million in revenue for the first quarter. The consensus estimates for revenueRead More
Barclays Plc’s stock is currently trading at 161.20-higher by 0.20% as compared to its previous close. The bank earlier today reported a lower-than-expected profit for the fourth quarter. The company reported a full-year net profit of £1.4 billion for 2018, swinging back to the black after 2017 losses. The bank’s EPS excluding litigation and conduct for the full year was 21.9 pence. Barclays reported its 2018 core capital ratio at 13.2%, unchanged from the previousRead More