Economy News

Citigroup Seems to Have Gained Confidence In Stagecoach Group, Upgraded The Stock

Citigroup Seems to Have Gained Confidence In Stagecoach Group, Upgraded The Stock

Stagecoach Group Was Upgraded By Citigroup Stagecoach Group (SGC), the firm that provides transportation services was just upgraded by the analysts at the UK’s branch of Citigroup to the solid “Buy” rating in today’s report disclosed to customers. The firm’s analysts currently have a GBX 155.00 target on the stock. […]

Hasbro Has the Force Behind It

Hasbro Has the Force Behind It

Hasbro the toymaker beat expectations of analysts for its most recent earnings report. The company can thank the overwhelming demand for its Star Wars and Jurassic World related products. Net revenue at the toymaker in its boy’s category was up 24% to more than $593.1 million. Officials at the company […]

Air France Managers Escape As Angry Staff Enter Meeting

Air France Managers Escape As Angry Staff Enter Meeting

Managers of Air France fled a Monday meeting about large scale job cuts after angry staff members waving flags and banners stormed into the room, said a group of journalists who were covering the event. The human resources department at the airline and the chief of labor relations Xavier Broseta […]

Men’s Warehouse Still Struggling To Find Its Way (NYSE:MW)

Men’s Warehouse Still Struggling To Find Its Way (NYSE:MW)

The Men’s Wearhouse retail chain has continued to struggle to find its footing after the ouster of its long time leader. The company’s stock has been plunging. Its shares have dropped more than 60 percent over the last three months. Men’s Wearhouse has also lowered earnings forecasts for the fiscal […]

CSX Said Earnings for Fourth Quarter and Full Year were Solid

CSX Said Earnings for Fourth Quarter and Full Year were Solid

CSX Corporation announced its 2018 fourth quarter earnings that reached $466 million, a drop of 5% from its $491 million during the same period in 2017, equal to 48 cents a share compared to 49 cents a share for the prior year or a drop of 2%. Revenue for the […]

Rolls Royce Meltdown Stuns Investors.

Rolls Royce Meltdown Stuns Investors.

Warren East the CEO at Rolls-Royce Holdings revealed on Thursday the full extent of the meltdown in earnings facing Britain’s top manufacturing company. He added that he had uncovered some issues with the organization and management that are far more deeper and divided than originally thought. Profit before taxes will […]

China and Truck Sales Drive Profit at GM That Beats Wall Street

China and Truck Sales Drive Profit at GM That Beats Wall Street

General Motors Company reported record earnings for the quarter before charges as strong demand for its trucks across North America and increased profit margins within China overcame a drop in revenues. Shares of GM were up 4.5% on the news in trading before the bell on Wednesday. GM posted a […]

Dollar General Trims Sales View and Committed to Rival Buy

Dollar General Trims Sales View and Committed to Rival Buy

The full-year sales forecast was reined in by Dollar General Corporation as the company confirmed that it will stay committed to purchasing its rival, Family Dollar Stores, Inc. If the sale is approved, it would solidify Dollar General’s place as being the number one discount retailer in the United States. […]