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Union Pacific cargo train with multiple box cars approaching the camera as it prepares to cross a level railroad crossing near Jamestown, California, December 17, 2017. Smith Collection/Gado | Archive Photos | Getty Images A number of American companies could see their sales decline if trade relations between the United States and Mexico deteriorate as a
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Fortinet Inc (NASDAQ:FTNT) is a cybersecurity firm that’s been around for nearly 20 years. The company went public about a decade ago, in the teeth of the financial crisis, and has a checkered history in the markets. Source: Shutterstock Considering the sector Fortinet stock is in, that was certainly a better time to launch a
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The owners of Intel Corporation (NASDAQ: INTC) stock cannot be happy. INTC stock benefited from the stock-market rally from January to April, but the climb of Intel stock price ended when the company admitted it faced major challenges ahead. What exactly caused Intel to cut both its second-quarter and full-year guidance? Intel’s Guidance Miss Intel
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The continuing weakness in the stock market is starting to cause concern. Technical analysts, in particular, are suggesting that if the S&P 500 ETF (NYSEARCA:SPY) falls any farther, it will trigger a steep correction. Other indexes are looking shaky too. The small-caps, represented by the iShares Russell 2000 ETF (NYSEARCA:IWM), are down nearly 9% from their
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Check out the companies making headlines before the bell: Big Lots – The discount retailer reported adjusted quarterly earnings of 92 cents per share, compared to a consensus estimate of 70 cents a share. Revenue was slightly above forecasts, although comparable-store sales were up a less-than-expected 1.5%. Big Lots also raised its full-year profit forecast.
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It’s easy to assume that the problems facing Nvidia (NASDAQ:NVDA) will pass relatively soon. The Nvidia stock price is down about 50% from early October highs, but most chip stocks have struggled. Trade war concerns aren’t helping. The company is lapping quarters boosted by cryptocurrency demand. Source: Shutterstock At some point, a bull could argue,
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Palo Alto Networks (NYSE:PANW) stock dropped sharply in late May after the cybersecurity giant reported third-quarter numbers that topped expectations, but provided mundane fourth-quarter guidance. The guidance implies that the company’s growth will slow going forward,  displeasing investors and causing PANW stock to drop more than 5%. Source: Shutterstock This drop in PANW stock is
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The CBS board is preparing for merger talks with Viacom, people familiar with situation said. The long-anticipated talks between the two companies controlled by the Redstone family’s National Amusements are expected to begin in mid-June, though discussions could begin even sooner, the sources said. Viacom CEO Robert Bakish would likely run the combined entity. Though no talks
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