Weather patterns have been unusual in recent years, and the winter of 2017-2018 has proven to be no exception. Record cold in early winter hit the East Coast, but the West saw historically low snowfall, especially in areas like the Rockies. This has many worried about the potential for...
Image source: The Motley Fool. Foundation Medicine (NASDAQ: FMI) Q4 2017 Earnings Conference CallMarch 7, 2018 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and welcome to the Foundation Medicine Fourth-Quarter 2017 Earnings Conference Call. All participants will be in a listen-only mode. Should you need assistance please...
Investors have largely focused on the impact of tax reform on massive corporations with tens of billions of dollars locked up in overseas subsidiaries. Yet even purely U.S.-focused companies like Austin-based Tex-Mex restaurant chain Chuy's Holdings (NASDAQ: CHUY) stood to gain from tax reform efforts. Amid some difficult conditions...
Carvana Co. (NYSE: CVNA), which sells used cars online and delivers them via distinctive "vending machine" retail facilities, reported on March 6 a net loss of $47.2 million for the fourth quarter, versus a loss of $35.7 million a year ago. That's despite sales and revenue that were both...
If Macau casinos continue to coast on the backs of VIP gamblers, then it may mean they have gone as far as they're going to. Although gaming revenue has bounced well off the lows it hit at the industry's nadir, it remains well below where it was at its...
What happened Shares of Progenics Pharmaceuticals (NASDAQ: PGNX) jumped 15.2% on Thursday after the company released fourth-quarter earnings and laid out its plans for the year ahead. So what Sales of Relistor, the opioid-induced-constipation drug sold by partner Valeant Pharmaceuticals (NYSE: VRX), came in at $24.6 million in Q4, up 44% from...
With the help of Tesla's (NASDAQ: TSLA) foray into energy storage almost three years ago and the electric-car company's acquisition of SolarCity in late 2016, Tesla's energy storage and generation revenue increased from $181 million in 2016 to about $1.1 billion in 2017. But this segment is just getting...
After falling below the key $10,000 price level on Wednesday after the Securities and Exchange Commission issued a new regulatory note, bitcoin dropped sharply on Thursday. Most other cryptocurrencies are also down, with Ethereum, Ripple, and Bitcoin Cash all in the red. Here's a rundown of today's cryptocurrency prices...
The future of cigarettes may be smoke-free, but tobacco giant Altria (NYSE: MO) wants investors to know it's still investing in regular cigarettes to maximize income. Its Marlboro brand may have lost some market share in 2017, but it remains the leader by far and is still highly profitable. While...
What happened Fossil Group (NASDAQ: FOSL) stock climbed 68.1% in February, according to data provided by S&P Global Market Intelligence, after the company posted better-than-expected fourth-quarter earnings results. So what The stock lost 70% of its value in 2017 due to weak earnings results, store closings, and heavy short-selling. However, the big...