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Stocks of Carter’s Inc. take a plunge by 12%

Carter's Inc. (NYSE: CRI), a major American designer & marketer of children’s apparel reported earnings on Monday. Source:  Apparel Resources The apparel company reported adjusted diluted earnings per share of $2.81 on Net Sales of $1.1 billion for the fourth quarter. The market though was expecting an EPS of $2.89. CRI shares were down by 12% as the company also reported a weak forecast for the year 2020. This has
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A chicken saves the day … Restaurant Brands International beats market expectations

The ailing shares of Restaurant Brands International Inc (NYSE: QSR) got a much-needed uplift after the company reported quarterly results beating market expectations. In its quarterly results released on Monday, Restaurant Brands International (RBI) reported a stellar growth of 34.4% on same-store sales by Popeyes (almost twice of analyst expectations!). Driving the surge was its hugely popular fried chicken sandwich. As CEO Jose Cil put it, the chicken sandwich has proven to
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Peloton fails to spin faster after the earnings report. Stock plunges 10%

Shares of the popular interactive fitness platform, Peloton Interactive Inc. (NASDAQ: PTON), fell by more than 10% after the company reported earnings on Wednesday. Peloton has created a good presence in interactive fitness and is notably known for its exercise bikes that are equipped with features enabling users to join virtual spin classes from their homes. The exercise bikes sell for more than $2,000 a pop. SOURCE: PELOTON INTERACTIVE Peloton
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Boeing Faces Turbulence

​ Boeing (NYSE: BA) has started the year on the wrong footing. BA continues to make headlines for all the wrong reasons. Over the past year, Boeing stock has lost 6.3% of its value. In contrast, its competitor, in a market that is pretty much a duopoly, has gained 45.6%. This divergent performance reflects various negative developments and challenges that Boeing has had to deal with since early 2019. 2019 was already
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Finfeed- 2/12/2019

E-commerce Retailers Emerge as Black Friday Winners Black Friday shoppers spent $7.4 billion online, creating the second-largest Internet shopping day. It came second to Cyber Monday 2018 which had $7.9 billion in sales. CNBC reported that the average order value for about 4,500 tracked online retailers increased by 6% to $168, as consumers were comfortable buying big-ticket items online. It is estimated that Cyber Monday may record over $9 billion in sales constituting a jump of
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Finfeed-28/11/2019

Apple’s Airpods Pro will be the winner of BlackFriday Sales Apple’s AirPods Pro is expected to be a big hit during the holiday season. Apple has asked its suppliers to double the production. The AirPods Pro has noise cancellation features and has different sizes of ear tips for a better fit. The noise cancellation feature appears to resonate well with buyers. The AirPods Pro sells for $249, while the base
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Aramco prepares for World’s Biggest IPO

World’s largest oil firm prepares for IPO On Sunday, Saudi Arabia officially announced that it’s state-owned oil company will have its IPO listing in December. The oil kingdom has been preparing for an IPO since 3 years, but it was delayed several times due to oil price volatility and political uncertainty. This is the biggest change in the firm’s corporate structure ever since it was nationalized in the 1970s. The
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The Rise and Fall of WeWork

Quicktake on WeWork and it's cash flow problems WeWork has been making a lot of negative headlines lately: “WeWork Bonds Fall to new Low” – Wall Street Journal, Oct. 16, 2019 “WeWork expected to layoff 2000 workers as early as this week” – CNBC, Oct. 15, 2019 “WeWork to formally withdraw IPO filing” – FT, Sept. 30, 2019 “WeWork CEO Adam Neuman steps down under pressure” – NYTimes, Sept. 24,
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And It’s Go-time!

We're happy to announce that Stockal is now ready to on-board Indian investors who wish to invest in global financial markets - starting with US stock markets. So, if you have been thinking about diversifying your investments internationally, or saving-up to prepare for your kids' overseas education, or wondering how you can get your hands on some shares of Netflix (payback on the binge watching!) - this the moment you've been
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Will the growth of the crypto market have an impact on AMD

Advanced Micro Devices (NASDAQ: AMD) has been a constant subject of study for tech industry watchers. There are more than 500 stocks in the still burgeoning technology sector. Many if not most of these stocks have given good returns over the last year or so. And AMD has doubled as well. But its price band of $6 to $15 is no where near its hey days value when the stock used to play