Walmart turns weak as Amazon enters grocery business

The world’s largest retailer by revenue, Wal-Mart Stores (NYSE: WMT), saw its stock fall by 4.65% to $75.24 last Friday. The acquisition of organic food retailer Whole Foods Market (NASDAQ: WFM) by Amazon (NASDAQ: AMZN) paved way for the decline

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Vivendi’s Q1 2017 adj. income up 57.2%, acquires Havas

Last month, media, content provider Vivendi SA (OTC: VIVHY) reported a 88.3% decline in the fiscal 2017 first-quarter earnings, compared with the corresponding quarter of 2016. Still, the stock price has so far managed to rally about 10% to close

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Volvo posts strong Q1 2017 earnings, order intake up 11% YoY

The stock of Swedish automaker Volvo (OTC: VLVLY) hit a new 12-month high of $17.036 last Friday. One of the main reasons for the appreciation in the share price is the 20% increase in operating margin in the fiscal 2017

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Novartis beats Street’s EPS view, Cosentyx sales up 136%

Despite posting a 17% y-o-y decline in the fiscal 2017 first-quarter net income, the stock of Swiss pharmaceutical giant Novartis Ag (NYSE: NVS) has appreciated by about 5% to $81 in the past one month. The company also reported 1%

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Boeing beats Q1 2017 EPS estimates, raises FY17 view

In the final week of April, the world’s biggest aircraft manufacturer Boeing Co (NYSE: BA) reported better than anticipated fiscal 2017 first-quarter earnings and revenue. However, profit booking took a toll on the share price, which fell from a 12-month high

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Disney turns weak on missing Q2 2017 rev. estimate

The stock of diversified media and entertainment company Walt Disney (NYSE: DIS) plunged about 6% to $109.05 last week, after the company reported fiscal 2017 second-quarter revenue that missed analysts’ estimates. The earnings, however, beat the Wall Street expectations by

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AIG UP on Q1 2017 earnings beat, additional share buyback

The stock of multi-national insurance company American International Group Inc. (NYSE: AIG) had appreciated by nearly 8% to about $63 in the past ten days. Expectations of good performance in the March quarter had pushed the price upwards and the

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Barclays signal downtrend on Q1 2017 decline in net profit

The British lender Barclays Plc (NYSE: BCS) reported better than anticipated fiscal 2017 first-quarter profit after tax, compared to last year. Following the announcement of results, the stock rallied around 7% to record a high of about $11.80. However, profit

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IBM misses Q1-2017 rev. outlook, issues soft FY17 EPS view

Information technology giant International Business Machines (NYSE: IBM) reported a decline in the fiscal 2017 first-quarter revenues, compared with the corresponding quarter last year. The company also missed the Wall Street’s revenue estimates. However, the cloud service provider reported quarterly

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VW offers 6-yr warranty to gain US customers trust

Last month, automobile manufacturer Volkswagen AG (OTC: VLKAF) pleaded guilty of fraud in the diesel emission scandal. The German company also offered to settle disputes with car owners and environmental agencies by setting aside $25 billion for compensation. On the

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