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Novartis Sees Profit Rising on Demand for Heart, Gene Therapies. Novartis AG said it expects sales and profit to climb this year, issuing a forecast that was slightly more upbeat than last years, driven by new medicines including heart drug Entresto and the gene therapy Zolgensma. Sales and earnings excluding some items will likely increase by a mid-single-digit percentage, the Basel, Switzerland-based drugmaker said Thursday. A year ago, it predicted the same profit increase and slower sales growth
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Ancora Advisors LLC Grows Position in Unilever PLC (NYSE:UL) Posted by on Feb 15th, 2022 UL opened at $51.60 on Tuesday. The business has a 50 day moving average of $52.48 and a 200-day moving average of $53.60. Ancora Advisors LLC raised its holdings in Unilever PLC (NYSE:UL) by 6.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 36,508 shares of the companys stock after acquiring an additional 2,053 shares during the quarter. Ancora Advisors LLCs holdings in Unilever were worth $1,979,000 at the end of the most recent reporting period. Several other institutional investors have also recently made changes to their positions in
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Piper Sandler Companies (NYSE:PIPR) Releases Earnings Results, Beats Expectations By $2.61 EPS. Piper Sandler Companies (NYSE:PIPR) announced its quarterly earnings data on Thursday. The company reported $7.84 earnings per share for the quarter, beating analysts consensus estimates of $5.23 by $2.61, MarketWatch Earnings reports. Piper Sandler Companies had a net margin of 11.55% and a return on equity of 32.32%. The business had revenue of $648.20 million during the quarter, compared to the consensus estimate of $492.23 million
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State Street Corporation Announces Preliminary Stress Capital Buffer Requirement and the Intention to Increase its Quarterly Common Stock Dividend to $0.63 per share. State Street Corporation (NYSE: STT) today announced its preliminary stress capital buffer (SCB) requirement of 2.5%, effective October 1, 2022, and the intention to increase its quarterly common stock dividend by 10% to $0.63 per share in the third quarter, subject to consideration and approval by its Board of Directors. State Streets calculated SCB under this years supervisory stress test was well below the 2.5% minimum
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StockNews.com Upgrades Hewlett Packard Enterprise (NYSE:HPE) to Buy. Hewlett Packard Enterprise logo StockNews.com upgraded shares of Hewlett Packard Enterprise ( NYSE:HPE Get Rating ) from a hold rating to a buy rating in a research note published on Tuesday. A number of other analysts have also recently weighed in on the company. Evercore ISI lowered their price target on Hewlett Packard Enterprise from $21.00 to $18.00 and set an outperform rating on the stock in a research report on Tuesday, June 28th
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Rent-A-Center (RCII) Q4 Earnings and Revenues Miss Estimates. Rent-A-Center (RCII) came out with quarterly earnings of $1.08 per share, missing the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items....
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Tim Hortons comeback takes hold as coffee chain forecasts another year of Canadian same-store sales growth. Tim Hortons is anticipating Canadian same-store sales growth in the mid-to-high single digits in 2022 as its turnaround takes hold in its home market. Tim Hortons is anticipating Canadian same-store sales growth in the mid-to-high single digits in 2022 as the coffee chains turnaround takes hold in its home market. The Restaurant Brands International chain also said Tuesday during an investor presentation that it set a long-term goal for
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Toyotas quarterly profit down on COVID parts crunch. By YURI KAGEYAMA, AP Business Writer, Associated Press 2022/05/11 16:40 TOKYO (AP) Toyotas profit declined 31% in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings. Toyota Motor Corp. reported Wednesday a profit of 533.8 billion yen ($4.1 billion) in the last quarter, down from 777.1 billion yen the previous fiscal year. Quarterly sales rose nearly 6% to 8.1 trillion yen
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Raymond James Reiterates $52.00 Price Target for Methanex (NASDAQ:MEOH). Raymond James set a $52.00 target price on Methanex (NASDAQ:MEOH) (TSE:MX) in a research note issued to investors on Thursday morning, BayStreet.CA reports. The firm currently has a market perform rating on the specialty chemicals companys stock. Other research analysts also recently issued research reports about the stock. TD Securities reduced their price target on shares of Methanex from $59.00 to $58.00 and set a buy rating on the stock in
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With A 5.3% Return On Equity, Is New Jersey Resources Corporation (NYSE:NJR) A Quality Stock?. 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 New Jersey Resources Corporation ( ), by way of a worked example. 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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JPMorgan Chase & Co. Reiterates 28.50 Price Target for Deutsche Telekom (FRA:DTE). JPMorgan Chase & Co. set a 28.50 ($29.08) price objective on Deutsche Telekom ( FRA:DTE Get Rating in a report issued on Monday morning, Borsen Zeitung reports. Other analysts have also recently issued research reports about the stock. Credit Suisse Group set a 23.00 ($23.47) price target on shares of Deutsche Telekom in a research note on Friday, August 12th. Berenberg Bank set a 27.00 ($27.55) price target on shares of Deutsche Telekom in
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Walmart forecasts smaller profit drop this year as discounts stimulate demand. Walmart Inc. nudged up its annual profit forecast on Tuesday, partly reversing a hefty cut less than a month ago, as discounts to clear excess merchandise and lower fuel prices helped it beat expectations for quarterly sales. The stock, which has fallen over eight per cent this year, rose four per cent in premarket trading. Shares of rivals Target Corp., Costco and Best Buy also climbed on the news
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Truist Financial Raises Macerich (NYSE:MAC) Price Target to $15.00. Macerich ( NYSE:MAC Get Rating had its price target hoisted by Truist Financial from $13.00 to $15.00 in a research report sent to investors on Friday, The Fly reports. Several other equities analysts have also commented on the company. Deutsche Bank Aktiengesellschaft raised their price target on Macerich from $13.00 to $16.00 in a research note on Monday, December 5th. Evercore ISI decreased their target price on Macerich from $13.00 to
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FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in Okta, Inc. with Losses of $100,000 to Contact the Firm ACCESSWIRE 16 Jul 2022, 07:25 GMT+10. LOS ANGLES, CA / ACCESSWIRE / July 15, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Okta, Inc. (Okta or the Company) (NASDAQ:OKTA) for violations of ----10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Companys securities between March 5
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Net Sales for Clorox Decline 8% in Q2 Fiscal Year 2022 Results. Cleaning sales decreased double digits primarily due to lapping significant demand in the year-ago period amid COVID-19. Net sales for The Clorox Company declined 8% to $1.7 billion in the second quarter, which ended Dec. 31, 2021, the company reports. In the year-ago quarter, net sales increased 27%, equating to an increase of 19% on a two-year stack basis. The decline in net sales reflects a 10-point decline in volume and two points of
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Apple (AAPL) Revenues Q3 2022. Apple reported third quarter earnings on Thursday. This exceeded Wall Street sales and profit expectations, but iPhone maker growth slowed. Apple stocks rose more than 3% in long-term trading. According to Refinitivs estimates, the key figures compared to what Wall Street expected are: EPS: Estimated $ 1.20 vs. $ 1.16, 8% year-on-year revenue: $ 83 billion vs. $ 82.81 billion, up 2% year-on-year iPhone revenue: $ 40.67 billion vs
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Wells Fargo (WFC) Q2 2022 Earnings Call Transcript. Image source: The Motley Fool.Wells Fargo (NYSE: WFC)Q2 2022 Earnings CallJul 15, 2022, 10:00 a.m. ETOperatorContinue reading Weiter zum vollstndigen Artikel bei MotleyFool
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STERIS (STE) Q1 Earnings Match Estimates, EPS View Down. STERIS plc STE reported first-quarter fiscal 2023 adjusted earnings per share (EPS) of $1.90, which rose 7.9% from the year-ago figure. The metric came in line with the Zacks Consensus Estimate. The adjustment excludes the impacts of certain non-recurring charges like the amortization of acquired intangible assets, acquisition and integration-related charges, and the amortization of inventory and property step up to fair value
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Worthington Industries (WOR) Lags Q1 Earnings Estimates. Worthington Industries (WOR) came out with quarterly earnings of $1.61 per share, missing the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $2.46 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -7.47%. A quarter ago, it was expected that this metal manufacturer would post earnings of $0.83 per share when it actually produced earnings
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Q2 Holdings, Inc. Announces Fourth Quarter and Full-Year 2021 Financial Results. Q2 Holdings, Inc. NYSE:QTWO ), a leading provider of digital transformation solutions for banking and lending, today announced results for its fourth quarter and full year ending December 31, 2021. GAAP Results for the Fourth Quarter and Full-Year 2021 Revenue for the fourth quarter of $131.9 million, up 21 percent year-over-year and up 4 percent from the third quarter of 2021. Full-year 2021 revenue of $498.7 million
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New Oriental Education & Technology Group Inc. (NYSE:EDU) Given Consensus Recommendation of Hold by Analysts. Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $17.23. Separately, Zacks Investment Research cut shares of New Oriental Education & Technology Group from a hold rating to a sell rating in a research
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General Dynamics profit falls 5%. Jan 26 (Reuters) General Dynamics Corp on Wednesday posted a 5% fall in fourth-quarter profit, as labor shortages and supply chain issues hampered the defense contractors deliveries. Net earnings fell to $952 million, or $3.39 per share, in the quarter ended Dec. 31, from $1 billion, or $3.49 per share, a year earlier. (Reporting by Nathan Gomes in Bengaluru; Editing by Aditya Soni)
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Century Aluminum (NASDAQ:CENX) Trading Down 6.5%. Shares of Century Aluminum ( NASDAQ:CENX Get Rating ) dropped 6.5% during mid-day trading on Monday. The stock traded as low as $24.89 and last traded at $24.93. Approximately 24,086 shares were traded during trading, a decline of 99% from the average daily volume of 1,838,605 shares. The stock had previously closed at $26.66. CENX has been the topic of several analyst reports. TheStreet upgraded Century Aluminum from a d rating to a c
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Short Interest in Lincoln National Co. (NYSE:LNC) Expands By 6.2%. Lincoln National Co. ( NYSE:LNC - Get Rating ) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 4,120,000 shares, a growth of 6.2% from the October 31st total of 3,880,000 shares. Currently, 2.7% of the shares of the company are short sold. Based on an average daily trading volume, of 2,160,000 shares, the days-to-cover ratio is presently 1.9 days
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Advance Auto Parts shares drop 9% following Q3 miss. Stock Markets 1 minute ago (Nov 16, 2022 06:12) AAP By Davit Kirakosyan Advance Auto Parts (NYSE: ) shares fell more than 9% after-hours following the companys reported worse-than-expected EPS came in at $2.84, below the consensus estimate of $3.32. Revenue was $2.6 billion (up 0.8% year-over-year), compared to the consensus estimate of $2.64B. The growth was primarily driven by strategic pricing and new store openings
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With A 13% Return On Equity, Is International Game Technology PLC (NYSE:IGT) A Quality Stock?. Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). Well use ROE to examine International Game Technology PLC ( ), by way of a worked example. 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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Cooper Companies (COO) Q2 Earnings Miss Estimates, Revenues Top. The Cooper Companies, Inc. COO reported second-quarter fiscal 2022 adjusted earnings per share (EPS) of $3.24, which missed the Zacks Consensus Estimate of $3.41 by 4.9%. The bottom line declined 4% on a year-over-year basis. GAAP EPS in the fiscal second quarter was $2.55, up 8.1% from the year-ago quarter. Revenue Details Revenues of this Zacks Rank #4 (Sell) company were $829.8 million in the quarter under review
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Institutional owners may ignore The Mosaic Companys (NYSE:MOS) recent US$715m market cap decline as longer-term profits stay in the green. En este artculo: MOS A look at the shareholders of The Mosaic Company ( ) can tell us which group is most powerful. The group holding the most number of shares in the company, around 89% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Institutional investors was the group most impacted after the companys market cap fell to US$16b last week
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Spoke Phone To Demonstrate a 10x ROI on Twilio Flex Investments At Twilio Signal. Real-Time Customer Insights On Calls Unlocking the hidden 90% Surface Off-Plaform Insights From Any App Democratizing the contact center by taking rich customer information and putting it into the hands of every employee on mobile phones and computers. Spokes mission is to drive 10x value for customers, by making rich contextual conversations possible anywhere on any device, so employees have better conversations
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Hecla Mining: Q2 Earnings Snapshot | Merced Sun-Star Hecla Mining: Q2 Earnings Snapshot. The Associated Press Hecla Mining Co. (HL) on Thursday reported a second-quarter loss of $13.5 million, after reporting a profit in the same period a year earlier. The Coeur dAlene, Idaho-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 4 cents per share. The precious metals company posted revenue of $191.2 million in the period. _____ This story was generated by Automated Insights
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Skyworks Solutions (NASDAQ:SWKS) Price Target Cut to $120.00. Skyworks Solutions ( NASDAQ:SWKS Get Rating had its price target reduced by analysts at Susquehanna Bancshares to $120.00 in a report issued on Monday, Stock Target Advisor reports. Susquehanna Bancshares target price points to a potential upside of 16.65% from the stocks current price. A number of other research firms have also recently issued reports on SWKS. Craig Hallum dropped their price objective on Skyworks Solutions from $220.00 to
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Baidu Swings Back to Profit Even as Revenue Slips. Whats new: Baidu Inc. swung back to profitability in the second quarter despite declining revenue, as the tech giant grappled with macroeconomic uncertainties, continued disruption from Covid and tightening regulatory scrutiny. In the three months through June, Baidu reported a net profit of 3.6 billion yuan ($526.9 million), compared with a 583 million yuan loss a year ago, according to its earnings report released on Tuesday
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Grupo Aeroportuario del Pacifico: Flash: Reaffirms the expectation of continued growth in demand. In August, Gap reported a 24.9% y/y increase in passenger traffic, reaffirming the expectation of continued growth In Mexico, the total traffic at Mexicos 12 airports was 22.0%, in line with our 21.0% estimate We believe the valuation already reflects part of the favorable outlook, making it the least attractive in the sector
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CME Group Inc.s (NASDAQ:CME)) market cap declines to US$69b but insiders who sold US$17m stock were able to hedge their losses. Simply Wall St 3 min read In this article: CME Insiders at CME Group Inc. NASDAQ:CME ) sold US$17m worth of stock at an average price of US$228 a share over the past year, making the most of their investment. The companys market cap plunged by US$3.5b after price dropped by 4.8% last week but insiders were able to limit their loss to an extent. While insider transactions are not the most important thing when it comes to long-term
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StockNews.com Initiates Coverage on Almaden Minerals (NYSEAMERICAN:AAU). began coverage on shares of Almaden Minerals ( ) (TSE:AMM) in a research report sent to investors on Thursday. The brokerage issued a sell rating on the basic materials companys stock. Separately, Alliance Global Partners lowered their price target on Almaden Minerals from C$1.00 to C$0.40 and set a buy rating for the company in a report on Thursday, July 7th. Get alerts: Almaden Minerals Stock Performance Shares of opened at $0.24 on
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ING Groep launches $1.5 billion buyback after Q3 pre-tax profit slumps. AMSTERDAM (Reuters) -ING Groep NV, the largest Dutch bank, reported on Thursday a quarterly pre-tax profit of 1.38 billion euros ($1.36 billion), below expectations due to one-off charges, and also rolled out a fresh share buyback worth 1.5 billion euros. ING said both costs and its customers were affected by high inflation and energy costs. Analysts had forecast a pre-tax profit at 1.50 billion euros, according to Refinitiv data
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Earnings slide ongoing for banks; BofA Q2 profit dips 32%. NEW YORK (AP) Bank of Americas second quarter profits fell 32%, the latest major U.S. bank to report a dip in earnings after a strong 2021. By KEN SWEET NEW YORK (AP) Bank of Americas second quarter profits fell 32%, the latest major U.S. bank to report a dip in earnings after a strong 2021. A better reflection of performance at the countrys second largest bank this quarter was revenue, which increased from $21.5 billion
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Owens Corning (NYSE:OC) Given Average Rating of Hold by Analysts. Owens Corning ( NYSE:OC Get Rating ) has been assigned a consensus recommendation of Hold from the fourteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have covered the stock
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Five Below (FIVE) Q4 Earnings Beat, Sales Increase 16% Y/Y. Five Below, Inc. FIVE posted mixed fourth-quarter fiscal 2021 results, wherein the top line missed the Zacks Consensus Estimate while the bottom line surpassed the same. Both metrics grew year over year. An impressive comparable sales run also continued in the quarter.Ove...
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CNH Industrial sees revenues rising up to 24% to 2024. MILAN, Feb 22 (Reuters) - Italian-American vehicle maker CNH Industrial (CNHI.MI) guided on Tuesday for a total revenue growth of up to 24% through 2024 as it presented a new business plan after spinning off its truck, bus and engine units. In slides prepared for the strategy presentation the group, which is controlled by Exor (EXOR.MI) , the holding company of Italys Agnelli family, forecast net sales of between $20-22 billion in 2024
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Mercury General Co. (NYSE:MCY) Short Interest Down 16.7% in October. Mercury General Co. ( NYSE:MCY Get Rating ) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 1,400,000 shares, a decrease of 16.7% from the October 15th total of 1,680,000 shares. Based on an average daily volume of 594,800 shares, the days-to-cover ratio is presently 2.4 days. Currently, 5.3% of the shares of the company are sold short. Wall Street Analyst Weigh In Several
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Seaport Res Ptn Brokers Cut Earnings Estimates for The Andersons, Inc. (NASDAQ:ANDE). The Andersons, Inc. ( NASDAQ:ANDE Get Rating ) Stock analysts at Seaport Res Ptn reduced their Q1 2023 earnings estimates for Andersons in a research note issued on Thursday, November 3rd. Seaport Res Ptn analyst E. Larson now expects that the basic materials company will post earnings per share of $0.22 for the quarter, down from their previous estimate of $0.29. The consensus estimate for Andersons current full-year earnings is $3.52 per
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Sony sees profit rise despite waning interest in video games. Previous Zero-trust security: Assume that everyone and everything on the internet is out TOKYO (AP) Sonys profit edged up 3% in the last quarter, weathering production setbacks from COVID-19 lockdowns in Shanghai and a trend away from video gaming as pandemic restrictions eased elsewhere. Tokyo-based Sony Corp.s April-June profit totaled 218 billion yen ($1.6 billion), up from 212 billion yen a year earlier
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Kohls (NYSE:KSS) Posts Earnings Results, Beats Estimates By $0.08 EPS. Kohls ( ) posted its quarterly earnings results on Thursday. The company reported $1.11 earnings per share for the quarter, beating analysts consensus estimates of $1.03 by $0.08, reports. The company had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $3.91 billion. Kohls had a return on equity of 15.04% and a net margin of 3.70%. The firms quarterly revenue was down 8.1% on a year-over-year basis
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REV Group (NYSE:REVG) Shares Up 9.5% After Dividend Announcement. REV Group, Inc. ( NYSE:REVG Get Rating )s share price shot up 9.5% on Wednesday after the company announced a dividend. The company traded as high as $11.19 and last traded at $11.14. 9,406 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 237,005 shares. The stock had previously closed at $10.17. The newly announced dividend which will be paid on Friday, July 15th
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Insperity (NYSE:NSP) Releases Q1 Earnings Guidance. Insperity (NYSE:NSP) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.56-2.12 for the period, compared to the Thomson Reuters consensus estimate of $1.93. Insperity also updated its FY 2022 guidance to $3.740-$4.860 EPS. Several research analysts have issued reports on the company. Roth Capital increased their price target on Insperity from $116.00 to $158.00 and gave the
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ReWalk Robotics (RWLK) Reports Q2 Loss, Misses Revenue Estimates. ReWalk Robotics (RWLK) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -75%. A quarter ago, it was expected that this maker of wearable robotic exoskeletons that help paralyzed patients walk would post a loss of $0.05 per share
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Global Payments Q3 Profit Weak, Adj. EPS Meets View; Backs FY22 Forecast. (RTTNews) - Payments technology company Global Payments Inc. reported Monday weak profit in its third quarter, despite higher revenues. Earnings per share, however, grew on lower share count, and adjusted earnings met market estimates. Looking ahead for fiscal 2022, the company continues to expect adjusted earnings above the Wall Street view, and lifted margin forecast. Further, Global Payments Board of Directors approved a dividend of $0.25
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Jefferies Financial Group Reiterates CHF 425 Price Target for Rogers (VTX:ROG). Jefferies Financial Group set a CHF 425 price target on Rogers (VTX:ROG) in a report published on Friday, Borsen Zeitung reports. A number of other research analysts have also recently issued reports on ROG. Deutsche Bank Aktiengesellschaft set a CHF 425 target price on Rogers in a research report on Monday, February 7th. The Goldman Sachs Group set a CHF 465 price target on Rogers in a research note on Thursday, February 3rd
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Spirit AeroSystems narrows losses as sales pick up. Spirit AeroSystems Inc. landed in the red again for 2021, but the company did improve on its performance from 2020. Spirit (NYSE: SPR) on Wednesday reported a net loss in the fourth quarter of $120 million to push its full-year 2021 loss to $541 million. That narrowed from a loss of $870 million in 2020 that was due primarily to Covid-19 and the grounding of the Boeing Co. 737 MAX. The company reported an adjusted loss of $0.84 per share in
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DTE Energy reports strong 2021 financial results; well-positioned for 2022. Focus on customers, infrastructure and the environment continues Reaffirmed commitments to most vulnerable customers during winter months Increased wind and solar generation by 40% Grew voluntary renewable program to over 1,000 MW and 48,000 residential customers, avoiding more than 418,000 tons of carbon emissions Accelerated cessation of coal use at Belle River Power Plant, advancing DTEs emissions reduction goal Received regulatory
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Sonys profit surges on healthy film, game, music growth. TOKYO Sonys fiscal fourth quarter surged 67% to 111.1 billion yen ($852.7 million) from the previous year, as the Japanese entertainment and electronics company racked up profits in video game and movie divisions. Tokyo-based Sony Corp.s January-March quarterly sales edged up 1% to 2.26 trillion yen ($17 billion), as its music operations also did well, boosted by the popularity of streaming services, the company said Tuesday
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Bank OZK (NASDAQ:OZK) Trading Down 2.7%. Shares of Bank OZK (NASDAQ:OZK) were down 2.7% during trading on Monday. The company traded as low as $45.70 and last traded at $45.87. Approximately 12,767 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 717,595 shares. The stock had previously closed at $47.16. A number of analysts have commented on OZK shares. Citigroup increased their price target on shares of Bank OZK from $46.00 to $50.00 in a
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New Gold (TSE:NGD) Share Price Crosses Below 50-Day Moving Average of $1.90. New Gold Inc. (TSE:NGD) (ARCA:NGD)s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.90 and traded as low as C$1.81. New Gold shares last traded at C$1.89, with a volume of 1,295,877 shares trading hands. A number of research analysts have recently issued reports on the company. Cormark increased their target price on New Gold from C$2.00 to C$2.25 in a research
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Emerson Electric Boosts FY22 Outlook; Declares Dividend. WASHINGTON (dpa-AFX) - While reporting financial results for the first quarter on Wednesday, Emerson Electric Co. (EMR) raised its earnings and net sales growth guidance for the full-year 2022, based on strong demand in both of its platforms. The company also provided outlook for the second quarter. For fiscal 2022, the company now projects earnings in a range of $4.71 to $4.86 per share and adjusted earnings in a range of $4.90 to $5.05 per
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Werner (WERN) Cheers Investors With 8.3% Dividend Hike. Riding on improved conditions in the United States owing to higher economic activities and increased vaccination programs, Werner Enterprises, Inc. ( WERN Quick Quote WERN Free Report announced an 8.3% hike in its quarterly dividend to 13 cents per share (annualized 52 cents). The first installment of the revised dividend will be paid out on Jul 19, 2022, to its shareholders of record as of Jul 5. Werner paid out dividends when the
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Repsol, S.A. (OTCMKTS:REPYY) Short Interest Up 87.2% in August. Repsol, S.A. ( OTCMKTS:REPYY Get Rating ) saw a large growth in short interest in August. As of August 31st, there was short interest totalling 44,000 shares, a growth of 87.2% from the August 15th total of 23,500 shares. Based on an average daily volume of 119,000 shares, the short-interest ratio is currently 0.4 days. Repsol Stock Up 0.6 % Shares of OTCMKTS REPYY traded up $0.08 during trading on Wednesday, reaching $12.80
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Intuit beats expectations but lowers fiscal 2023 revenue forecast. By Liz Moyer Investing.com Intuit (NASDAQ:INTU) beat expectations for both revenue and earnings per share for the first quarter. The financial software company reported adjusted earnings per share of $1.66, beating the estimate by 47 cents. Revenue of $2.6 billion compared with the estimate of $2.5B. Shares of Inuit fell 1.7% in after-hours trading. They are down 41% so far this year. Revenue was $2.6B for the maker of TurboTax and other
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Proto Labs, Inc. (NYSE:PRLB) is up 4.0%, but insiders still continue to see a loss of US$16k on their US$642k investment. En este artculo: PRLB Some of the losses seen by insiders who purchased US$642k worth of Proto Labs, Inc. ) shares over the past year were recovered after the stock increased by 4.0% over the past week. However, total losses seen by insiders are still US$16k but in since the time of purchase. Although we dont think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether
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Jefferies Financial Group Research Analysts Decrease Earnings Estimates for The Procter & Gamble Company (NYSE:PG). The Procter & Gamble Company ( NYSE:PG Get Rating ) Analysts at Jefferies Financial Group cut their FY2023 earnings per share (EPS) estimates for Procter & Gamble in a note issued to investors on Sunday, July 31st. Jefferies Financial Group analyst K. Grundy now expects that the company will earn $6.00 per share for the year, down from their prior forecast of $6.10. The consensus estimate for Procter & Gambles current full-year earnings is
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StockNews.com Initiates Coverage on GlycoMimetics (NASDAQ:GLYC). Equities research analysts at StockNews.com started coverage on shares of GlycoMimetics ( NASDAQ:GLYC Get Rating in a report released on Friday. The brokerage set a hold rating on the biotechnology companys stock. Separately, HC Wainwright cut their target price on GlycoMimetics from $14.00 to $13.00 and set a buy rating on the stock in a research report on Thursday, August 4th. GlycoMimetics Trading Down 1.0 % Shares of GLYC stock
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Motorola Solutions (NYSE:MSI) Trading 2.9% Higher. Motorola Solutions, Inc. ( NYSE:MSI Get Rating )s stock price traded up 2.9% during trading on Monday . The stock traded as high as $233.00 and last traded at $233.00. 3,715 shares changed hands during trading, a decline of 100% from the average session volume of 833,625 shares. The stock had previously closed at $226.38. Analyst Ratings Changes Several equities research analysts have recently commented on the stock
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Ryanair Swung to 1st Half Net Profit a Traffic Rebounded, But Fiscal Year 2023 Recovery Remains Fragile & More News. By Anthony O. Goriainoff Ryanair Holdings PLC said Monday that it swung to a net profit for the first half of fiscal 2023 as traffic recovered strongly in the period, but that recovery for the rest of the year remained fragile. The Irish low-cost carrier said the recovery could still be hurt by new Covid-19 variants or by Russias war in Ukraine. For the period ended Sept. 30, net profit was 1.37 billion euros ($1.36 billion) compared with a
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Scotiabank reports Q4 profit down as one-time charges offset global banking growth - BNN Bloomberg. Scotiabank kicked off bank earnings with results that showed earnings growth in its international banking division, though overall results were weighed down by about $500 million in one-time charges. Scotiabank kicked off bank earnings with results that showed earnings growth in its international banking division, though overall results were weighed down by about $500 million in one-time charges. Adjusted net income for the quarter was $2.62
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CIRCOR International (NYSE:CIR) Shares Gap Up to $21.68. Wall Street Analysts Forecast Growth A number of equities research analysts have weighed in on CIR shares. Citigroup lifted their price objective on CIRCOR International from $19.00 to $21.00 and gave the company a neutral rating in a report on Thursday, August 18th. KeyCorp decreased their price objective on CIRCOR International from $37.00 to $27.00 and set an overweight rating on the stock in a report on Thursday, August 11th
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Teladoc stock drops after another quarterly loss for telemedicine company. Ad Teladoc Health Inc. shares fell more than 6% in Tuesdays extended session after investors overlooked a smaller quarterly loss and better-than-expected selling. Teladoc said it lost $11 million, or 7 cents a share, in the fourth quarter, compared to a loss of $394 million, or $3.07 a share, in the year-ago period. Revenue rose 45% to $554.2 million, Teladoc said. Analysts polled by FactSet expected the company to report a loss of 57 cents a
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Microsoft logs 14% decrease in net profit as PC sales decline. San Francisco, Oct 26: Microsoft has reported 14 per cent decrease in its net profit for its first quarter of 2023 (July-September period) while revenues went up 11 per cent amid global decline in PC sales. Microsoft made $50.1 billion in revenue and $17.6 billion in net income in its first quarter of 2023. In a world facing increasing headwinds, digital technology is the ultimate tailwind, said Satya Nadella, chairman and CEO of Microsoft
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American Express profits fall slightly, but spending jumps. NEW YORK (AP) American Express first-quarter profits fell roughly 6% from a year earlier, but the company saw a 30% jump in spending on its namesake cards in the quarter as its cardmembers returned to their habits of shopping, traveling and dining. The New York-based company posted a profit of $2.1 billion, or $2.73 a share, down from $2.24 billion, or $2.74 a share, a year earlier. Last years results had a one-time boost to AmExs results
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HC Wainwright Raises Alnylam Pharmaceuticals (NASDAQ:ALNY) Price Target to $350.00. Alnylam Pharmaceuticals (NASDAQ:ALNY) had its target price boosted by HC Wainwright from $250.00 to $350.00 in a research report sent to investors on Thursday, The Fly reports. The brokerage currently has a buy rating on the biopharmaceutical companys stock. ALNY has been the subject of a number of other research reports. Chardan Capital raised their price target on shares of Alnylam Pharmaceuticals from $190.00 to $200.00 and gave the stock a
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Guidewire Software Target of Unusually Large Options Trading (NYSE:GWRE). Guidewire Software, Inc. ( NYSE:GWRE Get Rating ) was the recipient of some unusual options trading on Wednesday. Investors acquired 1,297 call options on the stock. This represents an increase of approximately 1,563% compared to the average daily volume of 78 call options. Wall Street Analysts Forecast Growth GWRE has been the topic of several recent research reports. JPMorgan Chase & Co. initiated coverage on Guidewire Software in a report
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HDFC Bank Q1 profit seen rising up to 33% YoY on low provisions: Analysts. Motilal Oswal Financial Services expects provisions to decline to Rs 3,730 crore in Q1FY23 from Rs 4,830 crore in Q1FY22 | | | |
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Chevron stock slips as profit soars but misses expectations, while revenue records a big beat. Shares of Chevron Corp. ( CVX ) slipped 0.2% in premarket trading Friday, after the oil and gas giant reported first-quarter profit rose nearly four-fold but missed expectations, while revenue rose well above forecasts as oil and gas prices soared. Net income rose to $6.26 billion, or $3.22 a share, from $1.38 billion, or 72 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share increased to $3.36 from
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Travere Therapeutics (NASDAQ:TVTX) Issues Quarterly Earnings Results. Shares of NASDAQ:TVTX traded down $2.35 during midday trading on Friday, reaching $22.24. The company had a trading volume of 1,147,652 shares, compared to its average volume of 633,882. The company has a debt-to-equity ratio of 0.75, a quick ratio of 4.64 and a current ratio of 4.70. Travere Therapeutics has a 1-year low of $12.75 and a 1-year high of $31.65. The firm has a market cap of $1.41 billion
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Alibaba Groups Quarterly Revenue Misses Expectations As Spending Slows. Chinese e-commerce giant Alibaba Group Holding Ltd posted a smaller-than-expected rise in quarterly revenue on today as COVID-19 curbs and a worsening economic outlook stifled consumer spending. Retail spending in China has sagged this year alongside the governments strict zero-COVID policies that have led to frequent snap lockdowns and hurt economic activity. Alibaba has also had to contend with stiff competition from the likes of Pinduoduo
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Nucor (NYSE:NUE) Releases Q3 2022 Earnings Guidance. Nucor ( NYSE:NUE Get Rating ) updated its third quarter 2022 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $6.30-$6.40 for the period, compared to the consensus estimate of $7.76. The company issued revenue guidance of -. Analyst Ratings Changes Several research firms have weighed in on NUE. Credit Suisse Group decreased their price target on shares of Nucor from $165.00 to $140.00 and set an
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Cumberland Pharmaceuticals Reports 14% Revenue Growth. PR Newswire NASHVILLE, Tenn., Aug. 9, 2022 Expanding portfolio of FDA approved brands driving double digit growth NASHVILLE, Tenn. Aug. 9, 2022 /PRNewswire/ -- Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), a specialty pharmaceutical company, today announced that its product portfolio of FDA-approved brands delivered combined revenues of $10.3 million during the second quarter of 2022 a 14% increase over the prior year period
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Siemens writedown pushes company into first loss since 2010. By John Revill ZURICH (Reuters) Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the red for the first time in nearly 12 years. The maker of industrial software and trains reported revenues rising 11% to 17.87 billion euros ($18.38 billion) beating analyst forecasts for 17.47 billion euros in a company-gathered consensus
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Ryerson Holding (RYI) Misses Q3 Earnings Estimates. R yerson Holding (RYI) came out with quarterly earnings of $1.48 per share, missing the Zacks Consensus Estimate of $2.47 per share. This compares to earnings of $3.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -40.08%. A quarter ago, it was expected that this metal products distributor and processor would post earnings of $4.58 per share when it actually
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Cisco Systems (NASDAQ:CSCO) Releases Q1 2023 Earnings Guidance. Cisco Systems ( NASDAQ:CSCO Get Rating ) updated its first quarter 2023 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.82-$0.84 for the period, compared to the consensus estimate of $0.84. The company issued revenue guidance of $13.16 billion-$13.42 billion, compared to the consensus revenue estimate of $12.82 billion. Cisco Systems also updated its FY 2023 guidance to $3.49-$3.56 EPS
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Royal Gold (NASDAQ:RGLD) Price Target Cut to $143.00 by Analysts at JPMorgan Chase & Co.. Several other brokerages have also recently issued reports on RGLD. Bank of America raised Royal Gold from an underperform rating to a neutral rating and lifted their target price for the stock from $108.75 to $125.00 in a report on Monday, November 22nd. Raymond James set a $139.00 price target on Royal Gold and gave the stock an outperform rating in a research report on Friday, February 18th. National Bank Financial dropped their price target
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Fidelity National Information Services (NYSE:FIS) Releases Q1 2022 Earnings Guidance. Fidelity National Information Services (NYSE:FIS) updated its first quarter 2022 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.440-$1.470 for the period, compared to the Thomson Reuters consensus estimate of $1.560. The company issued revenue guidance of $3.42 billion-$3.45 billion, compared to the consensus revenue estimate of $3.49 billion.Fidelity National Information Services also updated its FY
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AMETEK (AME) Q1 Earnings Beat Estimates, Sales Rise Y/Y. AMETEK, Inc. AME Quick Quote AME Free Report ) has reported first-quarter 2022 adjusted earnings of $1.33 per share, which beat the Zacks Consensus Estimate by 4.7%. Further, the bottom line rose 24% on a year-over-year basis. Net sales of $1.458 billion lagged the Zacks Consensus Estimate of $1.461 billion. However, the top line rose 20% year over year. Top-line growth was driven by strong performances of the Electronic Instruments Group
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Peoples United Financial a Top Ranked SAFE Dividend Stock With 3.8% Yield (PBCT). Peoples United Financial Inc (Symbol: PBCT) has been named to the Dividend ChannelS.A.F.E. 25 list, signifying a stock with above-average DividendRankstatistics including a strong 3.8% yield, as well as a superb track record of at least two decades of dividend growth...
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Ford Disbands Argo AI Autonomous Vehicle Unit, Posts Loss. by Tom Krisher Associated Press Thursday October 27, 2022 Ford said Wednesday that it is disbanding Argo AI, an autonomous vehicle company that it co-owns with Volkswagen. Executives said they dont see a path to profitability on fully autonomous vehicles, and will now focus on partially automated driver-assist systems, which need to be monitored by humans. Weve looked at this every way that you can
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AMN Healthcare Q4 Earnings Beat Street As It Cashes In On Pandemics Staff Shortages. See more from Benzinga 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Semtech Stock Posts Worst Daily Drop Ever. Its More Than Just a Weak Outlook.. Shares of Semtech fell sharply after at least two analysts cut their ratings on the stock, following grim updates on the current quarter from the semiconductor supplier. Oppenheimer analyst Rick Schafer lowered his rating on the stock to Perform, or the equivalent of Hold, from Outperform. Cowens Matthew Ramsay cut his rating to Market Perform from Outperform.
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AstraZeneca forecasts higher 2022 sales and lifts annual dividend | AstraZeneca. AstraZeneca forecast higher 2022 sales and lifted its annual dividend for the first time in a decade after beating fourth-quarter profit expectations, but warned the boost from its Covid-19 products would decline. The Anglo-Swedish drugmaker made almost $4bn (2.9bn) from its Vaxzevria Covid jab last year, including more than $1bn from Europe and $2.3bn from emerging markets. The jab has not yet been approved by US regulators
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TransUnion (NYSE:TRU) Upgraded by StockNews.com to Hold. TransUnion logo StockNews.com upgraded shares of TransUnion ( NYSE:TRU Get Rating ) from a sell rating to a hold rating in a research note released on Saturday morning. Several other analysts have also issued reports on TRU. The Goldman Sachs Group dropped their target price on TransUnion from $98.00 to $85.00 and set a neutral rating on the stock in a report on Thursday, July 28th. Barclays dropped their target price on TransUnion from $85.00
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Citigroup Initiates Coverage on Six Flags Entertainment (NYSE:SIX). Analysts at Citigroup initiated coverage on shares of Six Flags Entertainment (NYSE:SIX) in a report issued on Thursday, The Fly reports. The firm set a buy rating and a $54.00 price target on the stock. Citigroups target price indicates a potential upside of 22.42% from the companys previous close. Other analysts have also issued reports about the company. Credit Suisse Group raised Six Flags Entertainment from a neutral rating to an
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Short Interest in NextGen Healthcare, Inc. (NASDAQ:NXGN) Grows By 28.7%. NextGen Healthcare, Inc. ( NASDAQ:NXGN Get Rating ) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 995,800 shares, a growth of 28.7% from the April 30th total of 773,900 shares. Approximately 1.9% of the companys shares are short sold. Based on an average daily volume of 374,700 shares, the days-to-cover ratio is currently 2.7 days. In related news, Director Craig A
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Simon Property Group stock slips on Q4 earnings. Yahoo Finances Jared Blikre reports fourth quarter earnings for Simon Property Group.
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W. R. Berkley (NYSE:WRB) Shares Gap Down to $72.57. W. R. Berkley Co. ( NYSE:WRB Get Rating ) gapped down before the market opened on Tuesday. The stock had previously closed at $72.57, but opened at $69.54. W. R. Berkley shares last traded at $69.50, with a volume of 25,790 shares traded. Analyst Upgrades and Downgrades A number of equities research analysts recently issued reports on WRB shares. Morgan Stanley lifted their target price on W. R
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Activision Blizzard Reports In-Line EPS as Revenue Tops Estimates in Q2. Investing.com -- Activision Blizzard reported in-line second-quarter earnings, and revenue that topped Wall Street estimates even as a deteriorating macroeconomic environment weighed on video game demand. Activision Blizzard (NASDAQ: ATVI ) was up 0.3% in aftermarket hours following the report. The gaming publisher reported in-line second-quarter earnings per share of $0.48 on revenue of $1.64 billion
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Spirit AeroSystems Holdings, Inc. (NYSE:SPR) Short Interest Down 19.4% in November. Spirit AeroSystems Holdings, Inc. ( NYSE:SPR Get Rating ) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 4,610,000 shares, a decrease of 19.4% from the October 31st total of 5,720,000 shares. Approximately 4.4% of the companys shares are short sold. Based on an average daily volume of 2,350,000 shares, the short-interest ratio is currently 2.0 days
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Kohls Stock Surges On Exclusive Sale Talks With Franchise Group | Raleigh News & Observer. Kohls Corp. shares surged higher Tuesday after the struggling retailer said its in exclusive talks with the Franchise Group over a possible $8 billion takeover. Franchise Group said its prepared to pay $60 a share for Kohls, and has entered a three-week exclusive discussion window that Kohls said would allow it to FRG and its financing partners to finalize due diligence and financing arrangements and for the parties to complete the
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Umpqua (NASDAQ:UMPQ) Downgraded by Wells Fargo & Company. Wells Fargo & Company lowered shares of Umpqua (NASDAQ:UMPQ) from an overweight rating to an equal weight rating in a research report report published on Tuesday morning, Price Targets.com reports. They currently have $20.00 price target on the banks stock, down from their prior price target of $24.00. UMPQ has been the topic of several other research reports. Stephens cut Umpqua from an overweight rating to an equal weight rating and lowered
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Keurig Dr Pepper Reports Strong Q2 2022 Results and Raises Full-Year Net Sales Guidance. Net Sales Growth Accelerates, with all Business Segments posting Strong Results Company Reaffirms Adjusted EPS Guidance for the Year BURLINGTON, Mass. and FRISCO, Texas, July 28, 2022 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported strong results for the second quarter ended June 30, 2022 and raised its full-year net sales guidance to low-double-digit growth, from the previous high-single-digit range
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Cheesecake Factory (NASDAQ:CAKE) Shares Gap Down to $39.15. The Cheesecake Factory Incorporated (NASDAQ:CAKE) gapped down prior to trading on Monday . The stock had previously closed at $39.15, but opened at $38.21. Cheesecake Factory shares last traded at $39.20, with a volume of 8,252 shares changing hands. CAKE has been the subject of several recent research reports. Stephens increased their price target on Cheesecake Factory from $50.00 to $53.00 and gave the company an equal weight rating in a
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Plains All American Pipeline, L.P. Forecasted to Post FY2023 Earnings of $1.26 Per Share (NYSE:PAA). Plains All American Pipeline, L.P. ( NYSE:PAA Get Rating ) Investment analysts at Seaport Res Ptn boosted their FY2023 EPS estimates for Plains All American Pipeline in a report issued on Monday, August 1st. Seaport Res Ptn analyst S. Sibal now expects that the pipeline company will earn $1.26 per share for the year, up from their prior forecast of $1.25. Seaport Res Ptn has a Buy rating on the stock
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Amicus Therapeutics (NASDAQ:FOLD) Rating Increased to Outperform at SVB Leerink. A number of other brokerages have also weighed in on FOLD. JPMorgan Chase & Co. raised shares of Amicus Therapeutics from a neutral rating to an overweight rating and cut their price target for the company from $17.11 to $16.00 in a research note on Thursday, September 30th. Cantor Fitzgerald lowered their target price on shares of Amicus Therapeutics from $16.00 to $15.00 and set an overweight rating on the stock in a report on Thursday
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