GNC Holdings Inc GNC 5.21% short sellers did not get the news they were hoping for on Tuesday. The company reported a modest earnings beat and a huge revenue beat on EPS of $0.35 and revenue of $644.8 million. Quarterly revenue easily topped consensus analyst expectations of $627.4 million.
IAC/InterActiveCorp IAC 1.85% may have more room to the upside. Jefferies has upgraded the internet stock to Buy, and analyst Brian Fitzgerald said investors aren’t fully appreciating the value of the company’s key brands.
Amazon Web Services CEO Andrew Jassey received total compensation of $35.6 million in 2016, making him the highest-paid executive at Amazon.com, Inc. AMZN 0.37%. CEO Jeff Bezos, on the other hand, earned just $1.7 million last year.
For a handful of companies, revenue and earnings numbers will be an afterthought this earnings season. Netflix, Inc. NFLX 1.07% will likely be one of those companies. With the company investing heavily in original content and international expansion, Netflix’s first-quarter earnings may not reflect much in terms of the company’s long-term potential. Instead, traders will…
With Tax Day just around the corner, critics of President Donald Trump are taking the opportunity to once again bash the president for not voluntarily releasing his income tax forms to the public. Thousands of Americans have called for Trump to reveal his taxes, which could shed some light on potential conflicts of interest with…
Americans are putting the finishing touches on their 2016 tax returns in anticipation of Tax Day Tuesday. But while millions of Americans will be looking for their tax returns in coming weeks, they certainly won’t be seeing President Donald Trump’s anytime soon.
The tech and auto worlds are buzzing after Apple Inc. AAPL 0.36% reportedly secured a permit to test an autonomous vehicle in California last week. It’s no secret Apple has been working on developing autonomous vehicle technology, but Loup Ventures analyst Gene Munster said investors should keep expectations in check.