Retail
Hanesbrands Posts Positive Q1 Results
American basic apparel company Hanesbrands Inc (NYSE:HBI) released positive results from its first quarter financial earnings report. Net sales for the company grew by 7% to USD $1.47 billion, which is significantly higher than the ... [Read]
Online Media
Snapchat Reports Q1 Financial Results
Snapchat (NYSE:SNAP) released its first quarter financial results on Tuesday after the market had closed for the day. Revenue of the social media company went up 54% year-over-year to $230.7 million as a result of ... [Read]
Retail
Shares of Luxury Goods Company Tapestry Inc. Sink
Shares of the New York-based luxury goods company Tapestry Inc. (NYSE:TPR) sunk on Tuesday after the company released its most recent third-quarter financial results. Tapestry, who owns iconic brands such as Kate Spade, Stuart Weitzman ... [Read]
Industrials
The Fight for the Australian Cannabis Market – Aurora and Canopy Growth Corp Could go Head to Head
Canopy Growth Corp stocks (TSE:WEED) are continuing an upward surge today after a strong end to last week. Prices have jumped 10.13% to $30.11 CAD in the past 24 hours, bringing the firm’s market cap to ... [Read]
Industrial Products
Engine-Maker Cummins Suffers Share Drop Over Engine Repairs
Cummins stocks are down -5.60% today on the news that the firm has been hit by costs of nearly $200 million as it sets out to improve emissions from its engines in response to regulatory ... [Read]