Shares of investment bank JPMorgan (JPM: Charts, News, Offers) plunged 15% over the past week, after CEO Jamie Dimon revealed that his bank had lost over $2 billion due to a failed hedging strategy. The $2 billion in paper losses do not signal an en… This article was written by InvestorGuide.com.
Office supply store Staples (SPLS: Charts, News, Offers) reported lukewarm first quarter earnings this week, missing on both the top and bottom lines. Shares slid more than 6% during Wednesday trading. The company reported a profit of 27 cents per s… This article was written by InvestorGuide.com.
Shares of major retailer J.C. Penny Company Inc. (JCP: Charts, News, Offers) were down -4.05 or -12 percent in after hours trading, to $29.27 per share late Tuesday. The company announced lower than expected first quarter earnings after the closing … This article was written by InvestorGuide.com.
Delta Airlines (DAL: Charts, News, Offers), the largest airline in terms of fleet size and passenger traffic, surprised the market this month with the acquisition of a Phillips 66 (PSX: Charts, News, Offers) oil refinery in Trainer, Philadelphia. Th… This article was written by InvestorGuide.com.
Last week, shares of electric automaker Tesla Motors (TSLA: Charts, News, Offers) rallied over 10% despite missing estimates on both the top and bottom lines for its first quarter. Tesla Motors reported a loss of 76 cents per share, missing analysts… This article was written by InvestorGuide.com.
Dean Foods (DF: Charts, News, Offers), the largest American dairy processor and distributor by revenue, surprised Wall Street with strong first quarter earnings that rose more than 50% over the prior year. The company is best known as the parent com… This article was written by InvestorGuide.com.
Shares of watch and accessory maker Fossil (FOSL: Charts, News, Offers) plunged nearly 40% on Tuesday after it steeply cut its guidance for the rest of the year. With that one day loss, Fossil has given up all its gains since the beginning of the ye… This article was written by InvestorGuide.com.
Shares of corporate and business information provider, Dun & Bradstreet Corporation (DNB: Charts, News, Offers) closed down -10.66 or -14.08 percent to $65.04 per share on Tuesday, after the company reported mixed results for its first quarter. In a… This article was written by InvestorGuide.com.
Shares of satellite TV service provider Dish Network (DISH: Charts, News, Offers) slumped yesterday due to a drop in both top and bottom lines for its first quarter. The Englewood, Colorado-based company posted earnings of 80 cents per share, or $36… This article was written by InvestorGuide.com.
Last week, Yahoo (YHOO: Charts, News, Offers) dominated business headlines for all the wrong reasons. CEO Scott Thompson’s fabricated resume was exposed by a disgruntled shareholder, its patent battle with Facebook backfired spectacularly, and Chine… This article was written by InvestorGuide.com.