Why Shares of The Finish Line Dropped Today

Why Shares of The Finish Line Dropped Today
What happened Shares of footwear retailer The Finish Line (NASDAQ: FINL) slumped on Friday following an analyst downgrade. This comes less than two months after the company reported its second-quarter results, which featured a comparable-store sales decline and slashed full-year earnings guidance. Finish Line stock was down about 12% at 11:30 a.m. EST. So what Cowen downgraded shares of Finish... Read More

European Equity Benchmarks Close Lower; Utilities, Health Care, Automotives Burden Markets

European Equity Benchmarks Close Lower; Utilities, Health Care, Automotives Burden Markets
The broad-based major European markets closed lower in Friday’s trading session, as utilities, health care stocks, and automotive companies weighed down the markets. In economic news, the UK’s Office for National Statistics ( ONS ) reported that in the three months to September, the index of production increased an estimated 1.1% compared with the three months to June, due mainly... Read More

Q3 Review: Can Energy Industry Stocks Rally On $50 Oil?

Q3 Review: Can Energy Industry Stocks Rally On $50 Oil?
A monthlong rally lifted the price of U.S. benchmark oil during the past week to a 28-month high, cranking up attention on third-quarter reports from exploration and production names. Domestic energy players have weathered a global, two-year industry glut by tightening belts, cutting costs and adopting novel technological advances aimed at increasing production and lowering break-even... Read More

NVIDIA Corp. Smashes Another Quarter

NVIDIA Corp. Smashes Another Quarter
Semiconductor designer NVIDIA (NASDAQ: NVDA) reported earnings Thursday night, covering the third quarter of fiscal year 2018. The veteran provider of graphics processors and high-performance number-crunching chips saw sales and earnings skyrocket, thanks to large order volumes from the data-center and gaming markets. Here’s a closer look at NVIDIA’s latest business update. NVIDIA’s third-quarter results: The raw numbers Metric Q3... Read More