Infosys (INFY) Q2 Earnings Beat, Revenues Miss, View Bleak

Infosys (INFY) Q2 Earnings Beat, Revenues Miss, View Bleak
Infosys Limited  INFY has braved formidable odds like a high-profile CEO’s exit, contracted IT spending and unfavorable political climate in the United States to score an earnings beat in second-quarter fiscal 2018. The company reported earnings per American Depository Share (“ADS”) of 25 cents for the quarter, which topped the Zacks Consensus Estimate by a penny and was up 4.2%... Read More

Kroger Selling Its Convenience Stores? What It Means for Investors

Kroger Selling Its Convenience Stores? What It Means for Investors
At a recent investor day, Kroger (NYSE: KR) announced it was exploring a potential sale of its convenience store business. You might not have known Kroger was in this business, but in its long history of acquisitions, many buyout targets kept their names. That’s not only true for the convenience stores but even Kroger’s core grocery business with brands like... Read More