Financial Markets

Server maker Super Micro Computers has announced that it will delay the filing of its fiscal year report with the U.S. Securities and Exchange Commission (SEC). The news comes shortly after the company was the subject of a report from short-seller Hindenburg Research. According to...

Apparel retailer Gap saw its stock halted by the New York Stock Exchange (NYSE) early on Thursday. The NYSE said the decision to suspend trading was a result of “pending news”, while reports indicated that the real reason is that Gap’s earnings report came...

Cloud-based software firm Salesforce shared its fiscal second-quarter earnings report, which came above analysts’ expectations. The company also announced the departure of its Chief Financial Officer, Amy Weaver. Salesforce reported $9.33 billion in revenue for Q2, marking an 8% increase compared to the same period...

The shares of Dollar General have plummeted by 25% after the discount store chain lowered its annual projections for sales and profit on Thursday. Releasing its quarterly earnings, Dollar General reported earnings per share of $1.70, while the company’s revenue came at $10.21 billion. Both...

Apparel company Abercrombie & Fitch saw its fiscal second-quarter earnings beat the expectations of analysts across the board. Still, the company’s stock slid by 17% on Wednesday due to a lower-than-expected full-year outlook. Abercrombie & Fitch reported revenue of $1.13 billion, a 21% year-over-year increase...

The shares of Mediterranean food-focused restaurant chain Cava tumbled on Tuesday after CEO Brent Schulman and several other key executives disclosed a sale of a sizable chunk of their stock holdings. In a U.S. Securities and Exchange Commission (SEC) filing made on Monday, Schulman revealed...