• Macy's reports mixed third-quarter results, raises its full-year guidance

    26 days ago - By Business Insider

    Macy's reported third-quarter earnings that topped Wall Street estimates, and net revenue that just missed.
    The retailer raised its full-year adjusted earnings-per-share guidance.
    Shares were little changed following the results.
    Watch Macy's trade live .
    Macy's reported mixed third-quarter results, and raised its full-year earnings-per-share guidance. Shares were little changed ahead of Wednesday's opening bell.
    The retailer said it earned an adjusted $0.27 a share on net revenue of $5.4 billion, compared to the $0.14 and $5.41 billion that analysts surveyed by Bloomberg were expecting...
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  • The cannabis producer Canopy Growth is getting whacked after missing big on revenue

    The cannabis producer Canopy Growth is getting whacked after missing big on revenue

    26 days ago - By Business Insider

    Canopy Growth reported second-quarter revenue that missed even the lowest estimate by a wide margin.
    Shares fell more than 7% early Wednesday.
    The cannabis producer received a $4 billion investment from the beverage maker Constellation Brands earlier this year, sparking the so-called "green rush" into the sector.
    Watch Canopy Growth trade live .
    Canopy Growth was under pressure early Wednesday, down more than 8%, after reporting revenue that missed even the lowest estimate by a wide margin.
    The cannabis producer said second-quarter revenue totaled 23.3 million Canadian dollars, missing the...
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  • The cannabis producer Canopy Growth is getting whacked after missing big on revenue

    The cannabis producer Canopy Growth is getting whacked after missing big on revenue

    26 days ago - By Business Insider

    Canopy Growth reported second-quarter revenue that missed even the lowest estimate by a wide margin.
    Shares fell more than 7% early Wednesday.
    The cannabis producer received a $4 billion investment from the beverage maker Constellation Brands earlier this year, sparking the so-called "green rush" into the sector.
    Watch Canopy Growth trade live .
    Canopy Growth was under pressure early Wednesday, down more than 8%, after reporting revenue that missed even the lowest estimate by a wide margin.
    The cannabis producer said second-quarter revenue totaled 23.3 million Canadian dollars, missing the...
    Read more ...