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HSBC Holdings profit tumbles 46%, amid impairment charges, more provisions for bad loans & More News. By Clarence Leong HSBC Holdings PLCs third-quarter net profit slid 46% from a year earlier as the bank booked impairment charges for the disposal of its retail-banking operations in France and a rise in credit provisions. The Asia-focused lender (HSBA.LN) posted $1.91 billion net profit for the three months to Sept. 30, down from $3.54 billion in the year-earlier period, it said Tuesday. Net operating income dropped 3.2% to $11.62 billion
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Aspen Technology : Q4 2022 Earnings Presentation. Q4-FY22 Results Antonio Pietri, President and Chief Executive Officer Chantelle Breithaupt, CFO August 8, 2022 Safe Harbor Statement This presentation may contain forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may vary significantly from Aspen Technologys expectations based on a number of risks and uncertainties, including, without limitation
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Weatherford International (NASDAQ:WFRD) Shares Gap Up to $32.61. Weatherford International plc (NASDAQ:WFRD) gapped up prior to trading on Tuesday . The stock had previously closed at $32.61, but opened at $33.79. Weatherford International shares last traded at $33.14, with a volume of 2,313 shares changing hands. A number of analysts have issued reports on WFRD shares. Piper Sandler boosted their price objective on shares of Weatherford International from $29.00 to $48.00 and gave the company an
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Veritone, Inc. (NASDAQ:VERI) Expected to Announce Quarterly Sales of $33.17 Million. Analysts forecast that Veritone, Inc. ( NASDAQ:VERI Get Rating ) will post $33.17 million in sales for the current fiscal quarter, according to Zacks Investment Research . Three analysts have issued estimates for Veritones earnings, with the highest sales estimate coming in at $33.50 million and the lowest estimate coming in at $32.93 million. Veritone posted sales of $18.30 million during the same quarter last year
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Virtus Investment Partners (NASDAQ:VRTS) Downgraded to Hold at StockNews.com. StockNews.com downgraded shares of Virtus Investment Partners ( NASDAQ:VRTS Get Rating ) from a buy rating to a hold rating in a report issued on Friday morning. Other research analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Virtus Investment Partners from a hold rating to a strong sell rating in a research note on Thursday, March 10th. Morgan Stanley downgraded shares of Virtus Investment
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Delta Air Lines forecasts nearly doubling profit in 2023. THE Delta Air Lines raised its fourth-quarter earnings forecast on Wednesday and made optimistic forecasts for 2023, as it expects demand for air travel to remain strong despite the prospects of a recession in the US. United States ?? Delta Chief Executive Ed Bastian told analysts in Wall Street that North American consumers should spend around 30 billion dollars on travel in 2023 and that demand should not weaken
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Is Hawaiian Electric Industries, Inc.s (NYSE:HE) ROE Of 10% Impressive?. While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning-by-doing, well look at ROE to gain a better understanding of Hawaiian Electric Industries, Inc. ( NYSE:HE Return on equity or ROE is a key measure used to assess how efficiently a companys management is utilizing the companys capital
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Computer Programs and Systems (NASDAQ:CPSI) Upgraded by StockNews.com to Strong-Buy. Computer Programs and Systems ( NASDAQ:CPSI Get Rating was upgraded by equities research analysts at StockNews.com from a buy rating to a strong-buy rating in a research note issued on Tuesday. Several other equities research analysts also recently weighed in on CPSI. SVB Leerink raised their price target on shares of Computer Programs and Systems from $35.00 to $38.00 and gave the company an outperform rating in a research report on
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Zacks: Brokerages Expect Quaker Chemical Co. (NYSE:KWR) Will Post Quarterly Sales of $448.76 Million. Wall Street brokerages expect Quaker Chemical Co. (NYSE:KWR) to report sales of $448.76 million for the current quarter, according to Zacks . Two analysts have provided estimates for Quaker Chemicals earnings, with the highest sales estimate coming in at $449.10 million and the lowest estimate coming in at $448.42 million. Quaker Chemical reported sales of $385.85 million in the same quarter last year
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Costco Wholesale Corporation Reports August Sales. According to an August 31st release, Costco Wholesale Corporation reported net sales of $17.55 billion for the month ending August 28th. This was 11.4 percent higher than the $15.75 billion during August 2021. Comparable sales (excluding gasoline) for the U.S. were up 7.6 percent, in Canada 11.7 percent and other international warehouses, 12.5 percent, with a combined company same-store sales increase of 8.7 percent
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Zacks: Brokerages Anticipate Graphic Packaging Holding (NYSE:GPK) Will Post Quarterly Sales of $1.90 Billion. Wall Street analysts forecast that Graphic Packaging Holding (NYSE:GPK) will report $1.90 billion in sales for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Graphic Packagings earnings. The highest sales estimate is $2.00 billion and the lowest is $1.72 billion. Graphic Packaging posted sales of $1.65 billion... If the content contained herein violates any of your rights, including those of copyright
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Allscripts Healthcare Solutions (NASDAQ:MDRX) Shares Gap Down to $19.06. Allscripts Healthcare Solutions, Inc. ( NASDAQ:MDRX Get Rating )s share price gapped down prior to trading on Monday . The stock had previously closed at $19.06, but opened at $18.02. Allscripts Healthcare Solutions shares last traded at $18.65, with a volume of 1,653 shares trading hands. Wall Street Analyst Weigh In A number of analysts recently weighed in on the company. The Goldman Sachs Group upgraded Allscripts Healthcare Solutions
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Read This Before Judging PG&E Corporations (NYSE:PCG) ROE. While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. By way of learning-by-doing, well look at ROE to gain a better understanding of PG&E Corporation ( NYSE:PCG Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested
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UPDATE: Netflix stock slides 27% premarket and drags Disney, Roku, and Warner Bros. Discovery and Paramount lower with it. Jump To The
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Amyris, ImmunityBio Shares Trading Higher On COVID-19 Vaccine Joint Venture. Vandana Singh 1 min de lectura Amyris Inc (NASDAQ: ) and ImmunityBio (NASDAQ: ) have to accelerate the commercialization of a next-generation COVID-19 vaccine. Upon completion of human trials and regulatory approval, the joint ventures goal is to start delivering the second-generation vaccine in 2022 as soon as it is practically possible to deliver. The ability to mix and match vaccine platforms through this new joint venture and
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Host Hotels & Resorts (NYSE:HST) Trading Up 1%. Host Hotels & Resorts, Inc. ( NYSE:HST Get Rating ) shares were up 1% during mid-day trading on Friday . The company traded as high as $18.47 and last traded at $18.46. Approximately 1,434,196 shares changed hands during trading, a decline of 83% from the average daily volume of 8,369,010 shares. The stock had previously closed at $18.27. Wall Street Analysts Forecast Growth Separately, StockNews.com cut Host Hotels & Resorts from a hold
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Murphy USA Inc. (NYSE:MUSA) Plans Dividend Increase $0.31 Per Share. Murphy USA Inc. NYSE:MUSA Get Rating ) declared a quarterly dividend on Thursday, May 5th, Zacks reports. Shareholders of record on Tuesday, May 17th will be paid a dividend of 0.31 per share by the specialty retailer on Wednesday, June 1st. This represents a $1.24 annualized dividend and a yield of 0.50%. The ex-dividend date is Monday, May 16th. This is a positive change from Murphy USAs previous quarterly dividend of $0.29
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TreeHouse Foods (NYSE:THS) Share Price Passes Above Two Hundred Day Moving Average of $45.45. TreeHouse Foods logo Shares of TreeHouse Foods, Inc. ( NYSE:THS Get Rating ) crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $45.45 and traded as high as $47.95. TreeHouse Foods shares last traded at $47.65, with a volume of 12,075 shares traded. Analysts Set New Price Targets Separately, StockNews.com started coverage on TreeHouse Foods in a research report on
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Credit Suisse Warns Of Loss From Russia And Legal Woes | Mint. Legal settlement costs have nibbled at Swiss banks capital levels Credit Suisse Group AG warned it will make a loss in the first quarter from rising litigation costs and loan losses related to Russia. The Swiss bank said litigation provisions will be around $740 million in the quarter because of developments in legal cases, which include a former client winning a roughly $555 million court award in Bermuda
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DexCom (NASDAQ:DXCM) Price Target Cut to $480.00 by Analysts at Piper Sandler. DexCom ( NASDAQ:DXCM Get Rating ) had its target price decreased by Piper Sandler from $725.00 to $480.00 in a research report sent to investors on Friday, The Fly reports. Other equities research analysts have also recently issued research reports about the stock. Raymond James dropped their target price on shares of DexCom from $618.00 to $538.00 and set an outperform rating for the company in a research report on Wednesday, January 19th
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Shake Shack (SHAK) IV elevated into quarter results and growth outlook. Shake Shack (NYSE: SHAK ) August call option implied volatility is at 77, September is at 62; compared to its 52-week range of 39 to 251 into the expected release of quarter results after the bell on August 4.
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Nucor Announces Increase in Cash Dividend. 12/14/2022 | 10:32am EST CHARLOTTE, N.C. Dec. 14, 2022 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) today announced the increase of its regular quarterly cash dividend on Nucors common stock to per share. This cash dividend is payable on February 10, 2023 to stockholders of record on December 30, 2022 and is Nucors 199 th consecutive quarterly cash dividend. Nucor has increased its regular, or base
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RPC, Inc. Announces Regular Quarterly Cash Dividend. RPC, Inc. Announces Regular Quarterly Cash Dividend PR Newswire ATLANTA, Oct. 26, 2022 ATLANTA, Oct. 26, 2022 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.02 per share payable December 9, 2022 to common stockholders of record at the close of business on November 10, 2022. (PRNewsfoto/RPC, Inc.) RPC provides a broad range of specialized oilfield services and
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Patterson-UTI Energys (PTEN) Overweight Rating Reaffirmed at Piper Sandler. Patterson-UTI Energy ( NASDAQ:PTEN Get Rating s stock had its overweight rating reaffirmed by equities researchers at Piper Sandler in a note issued to investors on Friday, Stock Target Advisor reports. They presently have a $19.00 price objective on the oil and gas companys stock. Piper Sandlers target price points to a potential upside of 29.96% from the stocks current price. Other equities research analysts also recently issued
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Brokerages Expect AGCO Co. (NYSE:AGCO) Will Post Quarterly Sales of $2.64 Billion. Zacks. Seven analysts have provided estimates for AGCOs earnings. The highest sales estimate is $2.77 billion and the lowest is $2.50 billion. AGCO posted sales of $2.38 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 10.9%. The firm is expected to report its next earnings results on Thursday, May 5th. On average, analysts expect that AGCO will report full year sales of $12.31 billion
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ICICI Bank Q2 Results: Net Profit Jumps 37% YoY To Rs 7,558, NII Rises 26%. ICICI Bank on Saturday posted a standalone net profit of Rs 7,557.8 crore for the September 2022 quarter (Q2FY23), a jump of 37 per cent year-on-year (YoY) as compared with Rs 5,511 crore a year ago. The private sector lenders net interest income (NII) during July-September 2022 jumped 26 per cent YoY to Rs 14,786.8 crore, against Rs 11,690 crore a year ago. ICICI Banks net interest margin during the September 2022 quarter stood at 4.31 per
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HubSpot, Inc. (NYSE:HUBS) Given Consensus Rating of Buy by Analysts. Shares of HubSpot, Inc. (NYSE:HUBS) have been assigned a consensus rating of Buy from the twenty-seven research firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year
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Albemarle Co. (NYSE:ALB) Receives Average Rating of Hold from Brokerages. Shares of Albemarle Co. (NYSE:ALB) have received a consensus rating of Hold from the twenty-three ratings firms that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts
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Barclays Raises Verisk Analytics (NASDAQ:VRSK) Price Target to $220.00. Verisk Analytics ( NASDAQ:VRSK Get Rating had its price objective raised by Barclays from $200.00 to $220.00 in a research report released on Friday, The Fly reports. The brokerage currently has an overweight rating on the business services providers stock. VRSK has been the topic of a number of other reports. JPMorgan Chase & Co. decreased their target price on Verisk Analytics from $220.00 to $195.00 and set an overweight rating on the
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Pinnacle Financial Partners (NASDAQ:PNFP) PT Lowered to $105.00 at Wells Fargo & Company. Pinnacle Financial Partners ( NASDAQ:PNFP Get Rating had its price objective reduced by equities researchers at Wells Fargo & Company from $115.00 to $105.00 in a report issued on Thursday, MarketBeat Ratings reports. The firm currently has an overweight rating on the financial services providers stock. Wells Fargo & Company s price target suggests a potential upside of 27.21% from the companys previous close
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$REI Water Tower Research Publishes Initiation of Coverage Report on Ring Energy, Inc. Titled Stronghold Assets Add Permian Scale and Free Cash Flow Generation Potential. November 29, 2022, ST. PETERSBURG, FL Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Ring Energy, Inc. (NYSEAMERICAN: REI) titled, Stronghold Assets Add Permian Scale and Free Cash Flow Generation Potential. The report can be accessed here. Ring Energy is a growth-oriented oil and natural gas exploration and production company headquartered in The Woodlands, Texas
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Paycom Software (PAYC) Q4 2021 Earnings Call Transcript. Contributor Motley Fool Transcribing All-new World Reimagined podcast Listen Now Image source: The Motley Fool. Paycom Software (NYSE: PAYC) Q4 2021 Earnings Call Feb 08, 2022 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon, and thank you for attending todays Paycom Software fourth quarter 2021 results. My name is Austin, and Ill be the moderator for today
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Boeing Posts Unexpected $3.3 Billion Loss as Revenue Misses Estimates. Losses in defense business offset commercial jet recovery By Nathan Reiff Commercial airplane deliveries have rebounded after collapsing amid the COVID-19 pandemic. Revenue and adjusted earnings per share also missed analyst predictions. Boeing Earnings Results Adjusted Earnings Per Share Commercial Airplane Deliveries (Announced Oct. 11) Boeing (BA) Financial Results: Analysis ), the worlds No
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MKS Instruments, Inc. (NASDAQ:MKSI) Receives Consensus Recommendation of Buy from Brokerages. MKS Instruments, Inc. (NASDAQ:MKSI Get Rating ) has been assigned a consensus rating of Buy from the ten research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the
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DICKS Sporting Goods Reports Second Quarter Results; Raises Full Year Guidance. Published Aug. 23, 2022 at 1:30 PM CEST | Updated 16 minutes ago Comparable store sales declined 5.1% Net sales of $3.1 billion increased 38% versus the second quarter of 2019 Delivered earnings per diluted share of and non-GAAP earnings per diluted share of , each reflecting pre-tax income as a percentage of net sales of 13.7% Raises low end of full year 2022 comparable store sales guidance to a range of negative 6% to negative 2%
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A Closer Look At Deere & Companys (NYSE:DE) Impressive ROE. One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. To keep the lesson grounded in practicality, well use ROE to better understand Deere & Company ( NYSE:DE Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors money
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American Superconductor (NASDAQ:AMSC) Releases Q2 2022 Earnings Guidance. American Superconductor ( NASDAQ:AMSC Get Rating ) updated its second quarter 2022 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.23 for the period, compared to the consensus estimate of -$0.20. The company issued revenue guidance of $23.00 million-$27.00 million, compared to the consensus revenue estimate of $26.94 million. Wall Street Analysts Forecast Growth AMSC has been the topic of several
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Canadian Natural Resources Limited (NYSE: CNQ): Forecast Strong In 2022, Up 62.05%. The trading price of Canadian Natural Resources Limited (NYSE:CNQ) floating higher at last check on Wednesday, January 05, closing at $43.92, 2.06% higher than its previous close. Traders who pay close attention to intraday price movement should know that it has been fluctuating between $42.66 and $43.67. The companys P/E ratio in the trailing 12-month period was 11.07, while its 5Y monthly beta was 2.31
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Analysts Set Antero Resources Co. (NYSE:AR) Target Price at $45.70. Antero Resources logo Shares of Antero Resources Co. ( NYSE:AR Get Rating ) have been assigned an average recommendation of Moderate Buy from the twelve brokerages that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on
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Goldman Sachs BDC, Inc. Reports September 30, 2022 Financial Results and Announces Quarterly Dividend of $0.45 Per Share. Goldman Sachs BDC, Inc. (GSBD or the Company) (NYSE: GSBD) today reported financial results for the third quarter ended September 30, 2022 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. QUARTERLY HIGHLIGHTS Net investment income per share for the quarter ended September 30, 2022 was $0.60. Excluding purchase discount amortization per share of $0.04 from the Merger (as defined below)
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NiSource Inc. (NI) to Issue Quarterly Dividend of $0.24 on February 18th. NiSource Inc. (NYSE:NI) declared a quarterly dividend on Wednesday, January 26th, RTT News reports. Investors of record on Tuesday, February 8th will be paid a dividend of 0.235 per share by the utilities provider on Friday, February 18th. This represents a $0.94 annualized dividend and a dividend yield of 3.36%. This is an increase from NiSources previous quarterly dividend of $0.22. NiSource has increased its dividend payment by 12.8% over
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Grainger (GWW) Earnings & Sales Beat Estimates in Q4, Up Y/Y. Oops! Something went wrong. Please try again later. More content below Oops! Something went wrong. Please try again later. More content below Oops! Something went wrong. Please try again later. More content below Oops! Something went wrong. Please try again later. More content below SLGN GWW DOV AIT Zacks Equity Research Thu, February 3, 2022, 5:31 PM 4 min read In this article: Oops! Something went wrong
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Aixtron SE : Q2 results broadly in line with expectations but with a very strong order intake, FY 22 outlook maintained. >Very strong order intake, Q2 2022 results broadly in line with expectations - This morning, Aixtron reported its Q2 2022 results which were broadly in line with expectations. Revenues totaled 102.5m above the Visible Alpha consensus of 100.8m. They were up 51% y-o-y. The gross margin was 37% below consensus at 39.3% due to higher costs incurred from projects to strengthen production and supply chains
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CHIPOTLE MEXICAN GRILL TO ANNOUNCE THIRD QUARTER 2022 RESULTS ON OCTOBER 25, 2022. NEWPORT BEACH, Calif., Sept. 6, 2022 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) will host a conference call on Tuesday, October 25, 2022 at 4:30 PM Eastern time to discuss third quarter 2022 financial results and provide a business update for the 2022 fourth quarter to date. A press release with third quarter 2022 financial results will be issued at approximately 4:10 PM Eastern time on Tuesday, October 25, 2022
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ArcelorMittal Poland sees higher net profit in 2021, expects strong EBITDA for 2022. ArcelorMittal Poland, a subsidiary of global steel producer ArcelorMittal, has announced its financial results for 2021. The companys operating income in 2021 was $17 billion compared to an operating income of $2.1 billion in 2020, while its EBITDA in the given year was $19.4 billion compared to $4.3 billion in the previous year. ArcelorMittal Polands net profit was $15 billion in 2021, compared to $200 million in 2020
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Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) Price Target Increased to 7.00 by Analysts at Deutsche Bank Aktiengesellschaft. Banco Bilbao Vizcaya Argentaria ( NYSE:BBVA Get Rating had its target price upped by equities researchers at Deutsche Bank Aktiengesellschaft from 6.70 ($6.84) to 7.00 ($7.14) in a note issued to investors on Tuesday, The Fly reports. Several other analysts also recently issued reports on the company. StockNews.com downgraded Banco Bilbao Vizcaya Argentaria from a strong-buy rating to a buy rating in a report on Tuesday
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Five Below (NASDAQ:FIVE) Shares Gap Down to $166.30. Five Below, Inc. (NASDAQ:FIVE Get Rating )s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $166.30, but opened at $160.03. Five Below shares last traded at $160.13, with a volume of 521 shares traded. A number of brokerages recently commented on FIVE. Wells Fargo & Company raised their price objective on shares of Five Below from $235.00 to $240.00 and gave the stock an overweight rating
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Warner Music Group Corp. (WMG) Expected to Beat Earnings Estimates: Should You Buy?. W arner Music Group Corp. (WMG) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended March 2022. This widely-known consensus outlook gives a good sense of the companys earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report
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Emergent BioSolutions Inc. (NYSE:EBS) Given Consensus Recommendation of Buy by Brokerages. Shares of Emergent BioSolutions Inc. (NYSE:EBS) have been assigned an average rating of Buy from the eight ratings firms that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $71.00. Several equities research analysts recently
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Microsoft Stock: Buy or Sell After Earnings and Revenue Miss? | The Fresno Bee. Shares of Microsoft are rallying about 5% on Wednesday. That may surprise some investors, given that the software giant missed earnings and revenue expectations when it reported after the close on Tuesday. It helps that guidance was strong. Interestingly, were seeing that reaction across the board today. Alphabet missed on top- and bottom-line estimates too, yet its stock is notably higher on the day
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AMC Networks Inc. (NASDAQ:AMCX) Sees Significant Increase in Short Interest. AMC Networks Inc. ( NASDAQ:AMCX Get Rating ) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 1,200,000 shares, an increase of 7.1% from the November 15th total of 1,120,000 shares. Approximately 4.3% of the shares of the company are sold short. Based on an average daily trading volume, of 430,500 shares, the short-interest ratio is currently 2.8 days
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Boyd Gaming Reports Third-Quarter 2022 Results. Boyd Gaming Corporation (NYSE: BYD) today reported financial results for the third quarter ended September 30, 2022. Keith Smith, President and Chief Executive Officer of Boyd Gaming, said: This quarter was another solid performance by our Company, as we achieved third-quarter EBITDAR that was second only to last years record quarterly performance. These results were driven by our continued focus on core customers and sustained efficiencies
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SpartanNash guides Q3 revenue above the consensus, raises FY guidance. SpartanNash (SPTN) announces prelim Q3 net sales in the range of $2.28B to $2.31B vs consensus of $2.19B, compared to $2.07B in the prior year quarter.Net earnings of $8.9M to...
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Nvidia stock falls on light guidance. 48 seconds ago | By The stock dropped in extended trading after the chipmaker gave a light forecast for the current quarter. Read more ...
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EOG Resources, Inc. (NYSE:EOG) Shares Could Be 49% Below Their Intrinsic Value Estimate. Today well do a simple run through of a valuation method used to estimate the attractiveness of EOG Resources, Inc. ( NYSE:EOG ) as an investment opportunity by projecting its future cash flows and then discounting them to todays value. Our analysis will employ the Discounted Cash Flow (DCF) model. Before you think you wont be able to understand it, just read on! Its actually much less complex than youd imagine
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Brokerages Set Moelis & Company (NYSE:MC) Target Price at $63.71. Shares of Moelis & Company (NYSE:MC Get Rating ) have been given a consensus rating of Hold by the nine brokerages that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $63.71
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Lumen (LUMN) Q3 Earnings Miss Estimates, Revenues Fall Y/Y. Zacks Equity Research 5 min read In this article: LUMN Lumen Technologies, Inc LUMN reported adjusted earnings (excluding special items) of 14 cents per share for third-quarter 2022 compared with 49 cents per share in the prior-year quarter. The bottom line missed the Zacks Consensus Estimate by 61.1%. Quarterly total revenues dropped 10.2% year over year to $4,390 million. On a pro forma basis
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Reynolds now sees FY22 revenue up 9% to 12% to $3.556 bln; FactSet consensus $3.822 bln. This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. Weiter zum vollstndigen Artikel bei MarketWatch
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Natus Medical (NASDAQ:NTUS) Hits New 52-Week Low at $21.81. Shares of Natus Medical Incorporated (NASDAQ:NTUS) reached a new 52-week low on Friday . The stock traded as low as $21.81 and last traded at $21.88, with a volume of 496 shares traded. The stock had previously closed at $22.33. Separately, Zacks Investment Research upgraded Natus Medical from a sell rating to a hold rating in a research note on Thursday, January 6th. Get Natus Medical alerts: The firm has a market cap of $744.51 million
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Brokerages Expect Five9, Inc. (NASDAQ:FIVN) Will Post Earnings of $0.36 Per Share. Equities analysts expect Five9, Inc. (NASDAQ:FIVN) to announce $0.36 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Five9s earnings, with estimates ranging from $0.36 to $0.37. Five9 reported earnings of $0.34 per share in the same quarter last year, which would indicate a positive year over year growth rate of 5.9%
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UDR, Inc. (NYSE:UDR) Expected to Announce Quarterly Sales of $340.58 Million. Analysts predict that UDR, Inc. (NYSE:UDR) will post $340.58 million in sales for the current fiscal quarter, according to Zacks . Five analysts have made estimates for UDRs earnings, with estimates ranging from $332.10 million to $346.11 million. UDR posted sales of $301.18 million in the same quarter last year, which suggests a positive year over year growth rate of 13.1%. The firm is expected to report its next quarterly earnings report
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Univar Solutions Reports Strong 2022 Third Quarter Financial Results and Affirms Mid-Point of Full-Year 2022 Guidance; Announces $200 Million Accelerated Share Repurchase and Additional $1 Billion Share Repurchase Authorization Published : . DOWNERS GROVE, Ill. Nov. 1, 2022 /PRNewswire/ -- Univar Solutions Inc. (NYSE: UNVR) (Univar Solutions or the Company), a leading global solutions provider to users of specialty ingredients and chemicals, today announced financial results for the third quarter ended September 30, 2022. Univar Solutions Reports Strong 2022 Third Quarter Financial Results (PRNewswire) Third Quarter 2022 Highlights Strong net income of $130.0 million was 54.0
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Zacks: Analysts Expect BJs Restaurants, Inc. (NASDAQ:BJRI) Will Post Quarterly Sales of $297.94 Million. Brokerages expect that BJs Restaurants, Inc. ( NASDAQ:BJRI Get Rating ) will post $297.94 million in sales for the current fiscal quarter, according to Zacks . Six analysts have made estimates for BJs Restaurants earnings, with estimates ranging from $292.90 million to $306.62 million. BJs Restaurants reported sales of $223.31 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 33.4%
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Globant (NYSE:GLOB) Trading Down 5.2%. Globant S.A. (NYSE:GLOB) traded down 5.2% during trading on Monday. The stock traded as low as $296.59 and last traded at $297.71. 14,354 shares were traded during trading, a decline of 95% from the average session volume of 306,558 shares. The stock had previously closed at $314.09. Several analysts have commented on the stock. William Blair restated an outperform rating on shares of Globant in a research note on Friday, November 19th
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ImmunityBio (NASDAQ:IBRX) Rating Lowered to Sell at Zacks Investment Research. ImmunityBio ( NASDAQ:IBRX Get Rating was downgraded by Zacks Investment Research from a hold rating to a sell rating in a report released on Tuesday, Zacks.com reports. According to Zacks, ImmunityBio Inc. is a late-clinical-stage immunotherapy company developing therapies which drive immunogenic mechanisms for defeating cancers and infectious diseases. The companys immunotherapy platform activates both the innate and adaptive immune
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StockNews.com Initiates Coverage on Murphy Oil (NYSE:MUR). StockNews.com began coverage on shares of Murphy Oil ( NYSE:MUR Get Rating in a research report issued on Thursday. The firm set a hold rating on the oil and gas producers stock. A number of other equities research analysts also recently weighed in on the company. Mizuho raised Murphy Oil from a neutral rating to a buy rating and raised their price target for the stock from $33.00 to $42.00 in a research note on Friday, February 11th
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Community Health Systems (NYSE:CYH) Shares Pass Above 200-Day Moving Average of $3.28. Shares of Community Health Systems, Inc. ( NYSE:CYH Get Rating ) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.28 and traded as high as $4.05. Community Health Systems shares last traded at $4.02, with a volume of 1,384,829 shares trading hands. Analyst Upgrades and Downgrades CYH has been the subject of a number of recent analyst reports
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Q4 2022 EPS Estimates for The Scotts Miracle-Gro Company (NYSE:SMG) Decreased by William Blair. The Scotts Miracle-Gro Company ( ) William Blair lowered their Q4 2022 earnings per share (EPS) estimates for Scotts Miracle-Gro in a research note issued on Wednesday, August 3rd. William Blair analyst J. Andersen now anticipates that the basic materials company will earn ($1.99) per share for the quarter, down from their prior forecast of ($1.28). The consensus estimate for Scotts Miracle-Gros current full-year earnings is $4.12 per
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Stellantis expects revenue growth, confirms margin forecast. Stellaris CEO Carlos Tavares took a bullish stance on the US market on Wednesday, despite mounting fears of a downturn. Speaking at the automaker annual shareholder meeting Tavares said Stellantis confirmed its double-digit operating profit margin forecast for this year, adding that forecast sales in North America, especially in its highly profitable U.S. business, should increase 3 percent. The company, with brands such as Peugeot, Fiat
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Analysts Anticipate Gilead Sciences, Inc. (NASDAQ:GILD) Will Post Earnings of $1.72 Per Share. Brokerages predict that Gilead Sciences, Inc. ( NASDAQ:GILD Get Rating ) will post earnings of $1.72 per share for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Gilead Sciences earnings. The lowest EPS estimate is $1.38 and the highest is $1.86. Gilead Sciences posted earnings of $2.08 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of
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Titan International: Q4 Earnings Snapshot. WEST CHICAGO, Ill. (AP) _ Titan International Inc. (TWI) on Wednesday reported net income of $27.6 million in its fourth quarter. On a per-share basis, the West Chicago, Illinois-based company said it had profit of 44 cents. Earnings, adjusted for non-recurring gains, came to 39 cents per share. The wheel and tire supplier posted revenue of $487.7 million in the period. For the year, the company reported profit of $49.6 million
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Is MercadoLibre, Inc.s (NASDAQ:MELI) ROE Of 15% Impressive?. One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. Well use ROE to examine MercadoLibre, Inc. ( ), by way of a worked example. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors money. Simply put
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Alexandria Real Estate Equities, Inc., at the Vanguard of the Life Science Industry, Reports: 1Q22 Net Loss per Share - Diluted of $0.96; 1Q22 FFO per Share - Diluted, As Adjusted, of $2.05. April 25, 2022 4:10 PM EDT PASADENA, Calif. April 25, 2022 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE ) announced financial and operating results for the first quarter ended March 31, 2022. 1Q22 1Q21 Total revenues: In millions Growth Net (loss) income attributable to Alexandrias common stockholders diluted In millions Per share Funds from operations attributable to Alexandrias common stockholders
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Bank of America Reiterates GBX 4,600 Price Target for Diageo (LON:DGE). Diageo ( LON:DGE Get Rating received a GBX 4,600 ($60.33) price objective from stock analysts at Bank of America in a report released on Friday, Borsen Zeitung reports. Bank of America s price target suggests a potential upside of 14.10% from the stocks current price. A number of other research analysts have also commented on DGE. Sanford C. Bernstein set a GBX 3,930 ($51.54) price target on shares of Diageo in a research note on Friday
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Netflix Inc INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Netflix, Inc. with Losses of $500,000 to Contact the Firm (Businesswire). 2022-04-20 20:31 The Schall Law Firm Encourages Investors in Netflix, Inc. with Losses of $500,000 to Contact the Firm The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Netflix, Inc. (Netflix or the Company) (NASDAQ: NFLX ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements
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Pfizers 2021 profits doubled to $22 bn on strong Covid vaccine sales. Pfizer reported 2021 annual profits more than doubled to $22 billion on strong sales of Covid-19 vaccines (AFP/JOEL SAGET) (JOEL SAGET) Pfizer forecast more than $50 billion in 2022 sales for its Covid-19 vaccine and therapeutic on Tuesday as the giant pharma company reported a more than doubling of annual profits on strong vaccine sales. Pfizer, which with German company BioNTech won approval for the first vaccine to counter the deadly virus
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MercadoLibre (NASDAQ:MELI) Raised to Outperform at Bradesco Corretora. Bradesco Corretora upgraded shares of MercadoLibre (NASDAQ:MELI Get Rating from a neutral rating to an outperform rating in a report released on Friday, The Fly reports. Several other equities analysts have also recently commented on MELI. Susquehanna lowered their target price on shares of MercadoLibre from $1,990.00 to $1,750.00 and set a positive rating on the stock in a research note on Wednesday, February 23rd
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Meritor: Fiscal Q1 Earnings Snapshot. TROY, Mich. (AP) _ Meritor Inc. (MTOR) on Thursday reported fiscal first-quarter profit of $54 million. The Troy, Michigan-based company said it had net income of 76 cents per share. Earnings, adjusted for restructuring costs, were 80 cents per share. The supplier of parts for commercial vehicles and heavy equipment posted revenue of $984 million in the period. Meritor expects full-year earnings in the range of $3.25 to $3.75 per share
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Skechers announces record fourth-quarter, annual sales. American lifestyle and performance footwear retailer Skechers U.S.A., Inc. announced a new full year sales milestone of $6.29 billion on Thursday, representing a record high. Full-year sales at the Manhattan Beach, California-based company increased 36.7 percent, reflecting a 33.4 percent increase in domestic sales and a 39 percent increase in international sales. Sales grew across all segments, as the impact of Covid-19 continued to ease
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Netflix stock rises after BofA upgrades to Buy. BofA analysts upgraded shares of Netflix Inc (NASDAQ: NFLX ) to Buy with a price target of $370 per share. The price target implies an upside potential of over 20% with analysts saying the risk-reward in Netflix stock is favorable.
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OGE Energy Q2 Profit Declines, Reaffirms OG&Es Earnings Outlook. (RTTNews) - OGE Energy Corp. (OGE), Thursday reported a decline in second-quarter earnings, while revenues spiked from the prior year. The company reported a quarterly profit of $73.1 million from $112.9 million last year. On a per share basis, earnings were $0.36, down from $0.56 a year ago. The parent company of Oklahoma Gas and Electric Co. or OG&E said the quarterly contribution from OG&E was $100.7 million or $0.50 per share
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GlycoMimetics (GLYC) Upgraded to Buy: Heres Why. GlycoMimetics (GLYC) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a companys changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus
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Columbia Sportswear (NASDAQ:COLM) PT Raised to $86.00 at Cowen. Columbia Sportswear ( NASDAQ:COLM Get Rating had its price objective raised by Cowen from $85.00 to $86.00 in a research note released on Tuesday, Stock Target Advisor reports. They currently have an outperform rating on the textile makers stock. Several other equities research analysts also recently issued reports on COLM. Cowen raised their price target on Columbia Sportswear from $85.00 to $86.00 and gave the company an outperform rating
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JPMorgan Halts Share Buybacks as Earnings Miss Estimates. (Bloomberg) JPMorgan Chase & Co. temporarily suspended share buybacks and reported second-quarter results that fell short of analysts estimates, driving the stock as much as 5.1% lower. Most Read from Bloomberg The buyback pause is needed to quickly meet higher capital requirements and allow us maximum flexibility to best serve our customers, clients and community through a broad range of economic environments
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Tanger Factory Outlet Centers (NYSE:SKT) Releases FY 2022 Earnings Guidance. Tanger Factory Outlet Centers ( NYSE:SKT Get Rating ) issued an update on its FY 2022 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $1.78-$1.83 for the period. The company issued revenue guidance of -. Tanger Factory Outlet Centers Price Performance SKT stock opened at $18.78 on Wednesday. The firms 50-day moving average price is $15.89 and its two-hundred day moving average price is
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Kohls Confirms it Ended Potential Sale Talks With Franchise Group; Lowers Q2 Sales Guidance - Shares Slump Pre-Bell. 07:38 AM EDT (MT Newswires) -- Kohls (KSS) on Friday confirmed that it has terminated negotiations with Franchise Group ( FRG ) Loading... over the sale of the department-store operator, which will now focus on completing its strategic review process. Franchise Group ( FRG ) Loading... , which owns and operates franchised businesses, initially submitted an offer to acquire the retailer for per share in June
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Some Confidence Is Lacking In Rubicon Technology, Inc.s (NASDAQ:RBCN) P/E. Simply Wall St 3 min read With a price-to-earnings (or P/E) ratio of 30.3x Rubicon Technology, Inc. NASDAQ:RBCN ) may be sending very bearish signals at the moment, given that almost half of all companies in the United States have P/E ratios under 15x and even P/Es lower than 8x are not unusual. However, the P/E might be quite high for a reason and it requires further investigation to determine if its justified
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Booking Holdings (BKNG) Q1 Earnings Beat, Revenues Rise Y/Y. Booking Holdings Inc. BKNG reported non-GAAP earnings of $3.90 per share in first-quarter 2022 against the Zacks Consensus Estimate for a loss of 14 cents. Further, the figure compares favorably with the loss of $5.26 per share reported in the year-ago quarter. Revenues of $2.7 billion surpassed the Zacks Consensus Estimate of $2.5 billion. The top line improved 136.3% year over year on a reported basis and 146% on a constant-currency (cc)
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Zimmer Biomet Income Vastly Improves Over 2020. WARSAW Zimmer Biomet Holdings Inc. is reporting a full-year net income of $402 million last year, compared to a loss of $137 million in 2020. The medical device manufacturer says it also plans to close the previously-announced spinoff of its ZimVie company on March 1. When the spinoff is complete, ZimVies common stock is expected to begin trading on the Nasdaq under the ticker symbol ZIMV. ZimVie will be the spin-off of Zimmer Biomets
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NEW YORK COMMUNITY BANCORP, INC. REPORTS FOURTH QUARTER AND FULL-YEAR 2021 DILUTED EPS OF $0.30 AND $1.20 ON A GAAP BASIS, AND $0.31 AND $1.24 ON A NON-GAAP BASIS. HICKSVILLE, N.Y., Jan. 26, 2022 /PRNewswire/ -- Fourth Quarter and Full-Year 2021 Summary - Fourth-quarter GAAP diluted EPS were $0.30 compared to $0.39 in the fourth quarter of last year, which included a $55 million or $0.12 diluted EPS income tax benefit related to the CARES Act. - Fourth-quarter non-GAAP diluted EPS were $0.31, up 15% compared to the $0.27 non-GAAP diluted EPS reported for the fourth quarter of last year
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Mechel PAO (NYSE:MTL) Shares Gap Down to $4.24. MTL has been the topic of several research reports. Royal Bank of Canada decreased their target price on Mechel PAO from $15.00 to $14.00 and set an outperform rating on the stock in a research report on Friday, October 29th. Raymond James raised Mechel PAO to an outperform rating and set a $14.50 price target on the stock in a research report on Monday, December 6th. Get Mechel PAO alerts: The stock has a 50-day moving average of $3.17
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Mohawk Industries Reports Q4 Results. Publishing date:Feb 10, 2022 7 minutes ago 18 minute read Join the conversation CALHOUN, Ga., Feb. 10, 2022 (GLOBE NEWSWIRE) Mohawk Industries, Inc. (NYSE: MHK) today announced a 2021 fourth quarter net earnings of $189 million and diluted earnings per share (EPS) of $2.80. Adjusted net earnings were $199 million, and EPS was $2.95, excluding restructuring, acquisition, and other charges. Net sales for the fourth quarter of 2021 were
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Designer Brands Inc. Reports First Quarter 2022 Financial Results. Relaunched Vince Camuto brand and grew sales by 80% over the first quarter of 2021 Gross margin expansion of 250 basis points over the first quarter of 2021 Operating profit growth of approximately 200% over the first quarter of 2021 Full year 2022 diluted EPS guidance raised to a range of $1.90 to $2.00 COLUMBUS, Ohio, June 2, 2022 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the Company and Designer Brands)
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Intel Reportedly Plans to Cut Thousands of Jobs Amid PC Sales Drop - CNET. Some groups within the chipmakers ranks could see reductions of 20%, Bloomberg reports.
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Canadian Imperial Bank of Commerce (NYSE:CM) Declares Dividend Increase $1.27 Per Share. Canadian Imperial Bank of Commerce (NYSE:CM Get Rating ) (TSE:CM) announced a quarterly dividend on Friday, February 25th, Zacks reports. Investors of record on Monday, March 28th will be paid a dividend of 1.267 per share by the bank on Thursday, April 28th. This represents a $5.07 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date of this dividend is Friday, March 25th. This is an increase from Canadian Imperial Bank
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Advanced Energy Industries (NASDAQ:AEIS) Sees Large Volume Increase on Strong Earnings. Shares of Advanced Energy Industries, Inc. (NASDAQ:AEIS) saw unusually-high trading volume on Thursday after the company announced better than expected quarterly earnings. Approximately 21,020 shares traded hands during mid-day trading, a decline of 91% from the previous sessions volume of 240,747 shares.The stock last traded at $86.87 and had previously closed at $85.67. The electronics maker reported $1.36 earnings per share for the quarter
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Netflix loses $125B in market value as herky-jerky member growth is set to screech slower. Big titles like Bridgertons second season will hit Netflix early this year, but its limp prediction for subscriber growth in the first months of 2022 has its stock tanking. Angela Lang/CNET Netflixs saw its market value plunge by $125 billion Friday, a day after the company predicted it will add far fewer subscribers than expected in the first months of 2022, the latest bumps on the road for the worlds biggest subscription streaming service
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JPMorgan Reports $524 Million Losses In Q1 Due To Russia Sanctions. Market instability caused by Russias invasion of Ukraine is behind JPMorgan Chase & Co (NYSE:JPM)s disappointing first-quarter earnings disclosure. Inflation and supply chain issues also played a role as the bank reported losses and a sharp drop in profit. JPMorgans Q1 Report As informed by CNBC , JPMorgans profit dropped by 42% from a year earlier to $8.28 billion $2.63 a share. Revenue dropped by 5% from the same quarter last year to
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Bristol-Myers Squibb (NYSE:BMY) PT Lowered to $64.00. A number of other research analysts have also weighed in on BMY. Wells Fargo & Company raised their price objective on Bristol-Myers Squibb from $60.00 to $65.00 and gave the company an equal weight rating in a research report on Wednesday, March 2nd. BMO Capital Markets raised their price objective on Bristol-Myers Squibb from $74.00 to $81.00 and gave the company an outperform rating in a research report on Wednesday, March 30th
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StockNews.com Initiates Coverage on CVR Partners (NYSE:UAN). StockNews.com started coverage on shares of CVR Partners ( NYSE:UAN Get Rating in a research note issued to investors on Wednesday morning. The brokerage issued a buy rating on the basic materials companys stock. CVR Partners Price Performance UAN stock opened at $124.47 on Wednesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 2.96 and a quick ratio of 2.07. CVR Partners has a 1 year low of $74.56 and a 1 year high
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