Darden Restaurants (NYSE: DRI) stock traded 4.4 percent lower on Tuesday after the company reported fiscal first-quarter revenue that fell short of market expectations. U.S. same-store sales also came up well short of consensus analyst estimates.
It’s rare that mixed reviews of a new menu item are good news for a restaurant stock. However, Mizuho analyst Jeremy Scott says mixed online customer conversations about the new Chipotle Mexican Grill (NYSE: CMG) queso is better than previous buzz about food safety outbreaks.
There’s a leader emerging in the autonomous vehicle market, and it may surprise auto investors. In a new note on Monday, Deutsche Bank analyst Rod Lache upgraded General Motors Co. (NYSE: GM) stock to “buy” and said GM is positioned to beat its driverless vehicle competitors to the market.
U.S. solar stocks are heading into the week on a high note following the U.S. International Trade Commission’s preliminary ruling that cheap imported solar panels are a threat to domestic solar producers. The ruling leaves the door open for President Donald Trump to step in with new restrictions on solar imports, including the possibility of a…
Texas Instruments (Nasdaq: TXN) investors got some good news after the market close on Thursday when the company announced it would be returning more cash to its shareholders. Semiconductor stocks are not typically known for their capital return programs, but Texas Instruments boosted both its dividend payout and share repurchase budget.
Apple (Nasdaq: AAPL) investors were hoping the unveiling of the new iPhone 8 and iPhone X models would propel the stock to new all-time highs. Instead, a string of negative headlines this week have Apple stock trading more than 5 percent lower than it was on the day of Apple’s big iPhone event earlier this month.
General Mills Inc. (NYSE: GIS) stock sold off by nearly 6 percent on Wednesday after the company reported fiscal first-quarter earnings and revenue misses. General Mills’ disappointing quarter sent the stock tumbling to its lowest level in more than two years, but Citi Research analyst David Driscoll says General Mills is getting unfairly punished.
The decision by New Jersey-based toy retailer Toys “R” Us to seek Chapter 11 bankruptcy protection makes it the latest victim of the difficult retail environment. However, the company’s struggles could mean a big victory for Amazon.com (Nasdaq: AMZN) and Wal-Mart Stores (WMT).
After a big post-earnings move on Thursday, BlackBerry Ltd (NASDAQ: BBRY) stock was up another 5.5 percent Friday. The stock’s 21 percent three-day surge has gotten technical traders’ attention, and BlackBerry’s upward momentum may have some very important technical levels in play in coming days.
The trucking industry may soon enjoy a major uptick in pricing. Despite strong stock performances among trucking stocks of late, Stifel analyst John Larkin saw enough evidence that trucking rate hikes are on the horizon to upgrade J B Hunt Transport Services Inc JBHT 0.2%, Heartland Express, Inc. HTLD 1.36% and USA Truck, Inc. USAK 2.06% from Hold to Buy on Thursday.