YUM Stock Sinks as Taco Bell Parent Company Misses Q3 Earnings
YUM stock is in the red today after Yum! Brands (NYSE:YUM), the parent company of Taco Bell and KFC, released quarterly earnings that fell short of analysts’ expectations.
While third-quarter revenue of $1.34 …
MO Stock Wavers as Juul Battles Vape Crisis Headwinds
MO stock has been stuttering in recent weeks due to Altria’s (NYSE:MO) stake in Juul, the company at the forefront of the vaping crisis, after the e-cigarette manufacturer announced it was cutting up to 500 …
QSR Stock Dragged Down By Tim Hortons’ Underperformance
QSR stock is in the red today after Tim Hortons reported lackluster quarterly results, failing to impress investors in parent company Restaurant Brands International Inc (TSX:QSR) (NYSE:QSR).
Restaurant Brands, which also counts Burger …
How a Minority Government Could Impact Canada’s Energy Sector
Canadians awoke to news on Thursday that Justin Trudeau would lead the country’s government for a second term after his Liberal party failed to achieve a majority, meaning Canada will see its first minority government …
Intel Stock Soars as Q3 Earnings Beat Analyst Expectations
Intel stock is soaring today after Intel Corporation (NASDAQ:INTC) posted its third-quarter earnings, which saw revenue hit record levels and beat analysts’ expectations.
Intel reported earnings of $1.43 per share, compared with analysts’ …
HSE Stock Sinks on Disappointing Earnings and Major Layoffs
HSE stock is in the red today after Husky Energy (TSX:HSE) (OTCPK:HUSKF) reported underwhelming third-quarter results and announced plans to layoff an indefinite number of its staff.
Husky reported a 50% drop in …
NKE Stock Drops as CEO Steps Down from Position After 13 Years
NKE stock dropped 3.5% today after longtime CEO Mark Parker announced he was stepping down from his current role with Nike Inc (NYSE:NKE) after 13 years and moving to a new role with the company. …
UAA Stock Gains as Under Armour Founder Steps Aside
UAA stock is up 6% today after Under Armour Inc (NYSE:UAA) founder and CEO Kevin Plank announced he was stepping back from the company.
Plank has been the CEO of the sports performance …
BA Stock Sinks as Boeing’s 737 MAX Woes Worsen
BA stock is down over 11% in the last week as the crisis surrounding Boeing (NYSE:BA), and the grounding of its 737 MAX aircraft deepens.
Two analysts, from UBS and Credit Suisse respectively, …
JNJ Stock Tanks Following Baby Powder Recall Over Asbestos Concerns
JNJ stock is down 6% today after Johnson & Johnson (NYSE:JNJ) recalled a single lot of its baby powder as a precaution after US government testing found trace amounts of asbestos in one bottle purchased …