Market Insider

Check out the companies making headlines before the bell: Adobe Systems – Adobe reported adjusted quarterly profit of $1.73 per share, beating estimates by 4 cents a share. The software maker’s revenue topped forecasts, as well, however Adobe’s revenue guidance was merely in line with analysts’ estimates after topping expectations for nine straight quarters. Amazon.com
0 Comments
Former Treasury Secretary Jack Lew is making the move to mortgages. Lew announced Thursday he will chair the advisory board of consumer-lending tech company Blend. The San Francisco-based start-up handles online mortgage applications for incumbents like Fannie Mae, Freddie Mac, U.S. Bank and Wells Fargo. The company has attracted $160 million of private funding from
0 Comments
Check out the companies making headlines after the bell: Sears Holdings stock rose more than 16 percent in after-hours trading after the company released its quarterly earnings report. The company posted its smallest decline in same-store sales, 3.9 percent, in over 3 years. In the prior quarter, same-store sales declined 11.9 percent. Sears posted a
0 Comments
J.P. Morgan derivatives strategists recommended short term option bets on Masco, Carmax, C.H. Robinson, and Haliburton, based on their historic outperformance during post-hurricane rebuilding. Hurricane Florence is heading toward the coast of the Carolinas and is expected to dump high amounts of rain on the southeast U.S. when it makes landfall Friday. The bank said
0 Comments
Check out the companies making headlines after the bell: Pivotal Software shares tumbled more than 20 percent in after-hours trading despite reporting second-quarter earnings numbers that beat on both the top and bottom line. The San Francisco-based company reported revenues of $164.4 million, higher than the $158.2 million analysts expected. The company also reported a
0 Comments