10:16 AM, Dec 14, 2018 — Costco Wholesale (COST) shares were sinking Friday after the members-only retailer reported mixed results for its fiscal first quarter, but RBC Capital Markets said they’d be buyers of the stock on a pullback amid “healthy” growth in store traffic. Late Thursday, Costco said sales rose 10% to $34.3 billion, […]

8:19 AM, Dec 11, 2018 — Shares of Stitch Fix (SFIX), an online personal styling service, traded sharply lower early on Tuesday as investors appeared to be looking past the company’s earnings and revenue beat in the fiscal first quarter, as selling expenses surged. Group revenue rose to $366.2 million during the three months that […]

9:37 AM, Dec 7, 2018 — Altria Group (MO), whose subsidiaries include Philip Morris USA and Ste. Michelle Wines, said Friday it will acquire a 45% equity stake in cannabinoid company Cronos Group (CRON) valued at about $1.8 billion. The investment gets Altria’s foot in the door of the “emerging” global cannabis sector, which it […]

2:20 PM, Dec 3, 2018 — Groupon (GRPN) and AMC Theatres (AMC) agreed to a distribution partnership to give users greater access to the movies through the cinema exhibitor’s network of theaters and screens across the US. The integration is expected to be launched in the first half of next year, the Chicago-based online deal […]