Cyclo Therapeutics GAAP EPS of -$0.59, revenue of $186.8M
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Quarterhill CEO steps down, FY22 prelim revenue seen above estimates
This article was originally published on Seeking Alpha
Equinor sells 28% stake in North Sea license for initial $220M
This article was originally published on Seeking Alpha
Sonim Technologies GAAP EPS of -$0.49, revenue of $69.83M
This article was originally published on Seeking Alpha
Athenex GAAP EPS of -$4.28, revenue of $25.06M
This article was originally published on Seeking Alpha
Nasdaq, S&P, and Dow futures gain as investors eye Fed decision later this week
This article was originally published on Seeking Alpha
Canadian Solar (CSIQ) to Report Q4 Earnings: What's in Store?
This article was originally published on Nasdaq
Canadian Solar Inc. CSIQ is slated to report fourth-quarter and full-year 2022 results on Mar 21, before the opening bell.
3 Low-Beta Stocks to Buy to Combat the Volatile Market
This article was originally published on Nasdaq
The ongoing turmoil in the banking industry is possibly making things harder for people in the United States and mainstream businesses to get loans. This has induced uncertainty and volatility, and is likely to hurt economic growth. Hence, creating a portfolio of low-beta
Babcock & Wilcox wins $9M contract to supply cooling systems in the Middle East
This article was originally published on Seeking Alpha
Here's Why You Should Retain Eastman (EMN) in Your Portfolio
This article was originally published on Nasdaq
Eastman Chemical Company EMN is gaining from cost-cutting and productivity actions as well as its innovation-driven growth model amid certain headwinds, including higher raw material, energy and logistics costs. Consumer de-stocking and unfavorable currency movements are
Key highlights from Foot Locker’s (FL) Q4 2022 earnings results
This article was originally published on Alpha Street
Foot Locker, Inc. (NYSE: FL) reported fourth quarter 2022 earnings results today.
Total sales remained relatively flat compared to last year at $2.3 billion.
Comparable-store sales grew by 4.2%.
Net income attributable to Foot Locker Inc. was $19 million, or $0.20 per share, compared to $103 million, or $1.02 per share, in the same period last year. Adjusted EPS was $0.97.
For FY2023, the company expects sales to be down 3.5-5.5% from last year.
(This story will be updated shortly with an infographic)
The post Key highlights from Foot Locker’s (FL) Q4 2022 earnings results first appeared on AlphaStreet.
Air Lease closes first ever North American corporate sukuk offering
This article was originally published on Seeking Alpha
: Foot Locker stock reverses early losses as it unveils plan to expand sneaker line and relaunch core brand
This article was originally published on MarketWatch
Retailer’s stronger-than-expected fourth quarter weighed against weaker-than-expected guidance for the current year.
Factors to Note as General Mills (GIS) Readies for Q3 Earnings
This article was originally published on Nasdaq
General Mills, Inc. GIS is likely to register a top-and-bottom-line increase from the respective year-ago fiscal quarter’s reading when it reports third-quarter fiscal 2023 earnings on Mar 23. The Zacks Consensus Estimate for quarterly revenues is pegged at $4,917 million
First National Financial declares CAD 0.20 dividend
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Volkswagen’s Russian assets reportedly frozen in court decision
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Western Union money transfers now available on MoMo app
This article was originally published on Seeking Alpha
Foot Locker Non-GAAP EPS of $0.97 beats by $0.47, revenue of $2.33B beats by $190M
This article was originally published on Seeking Alpha
: First Republic stock sinks after credit rating slashed by another three notches at S&P
This article was originally published on MarketWatch
First Republic Bank’s stock sank toward a record low Monday, after the bank’s credit rating was slashed further into junk territory by S&P Global Ratings.
Canadian Natural (CNQ) Q4 Earnings Lag Estimates, Revenues Beat
This article was originally published on Nasdaq
Canadian Natural Resources Limited CNQ reported fourth-quarter 2022 adjusted earnings per share (EPS) of $1.44, missing the Zacks Consensus Estimate of $1.61. The bottom line also fell from the year-ago quarter’s figure of $1.76. This underperformance can be attributed to
3 Top-Rated Dimensional Mutual Funds for Superlative Returns
This article was originally published on Nasdaq
Dimensional Fund Advisor, founded in 1981, believes in applying academic research in practical investing to generate higher returns. It offers investment solutions from various asset classes to institutional and individual investors, investment consultants and financial a
Ovintiv's (OVV) Q4 Earnings Miss Estimates, Revenues Beat
This article was originally published on Nasdaq
Ovintiv Inc. OVV reported fourth-quarter 2022 adjusted earnings per share (EPS) of 91 cents, which missed the Zacks Consensus Estimate of $1.75. This decline can be attributed to year-over-year higher expenses. The bottom line also underperformed the year-ago quarter’s fi
Project claiming to be 'AI-powered' drains $1M from users
This article was originally published on CoinTelegraph
The project, which is called Harvest Keeper, claimed to optimize trading processes and promised a 101% return on investment within 21 days.
Merck (MRK) Stock Up 31.6% in a Year: What Awaits in 2023?
This article was originally published on Nasdaq
Merck MRK boasts more than six blockbuster drugs in its portfolio, with PD-L1 inhibitor, Keytruda, approved for several types of cancer, alone accounting for around 40% of its pharmaceutical sales. The drug has played an instrumental role in driving Merck’s steady revenue
U.S. Steel (X) Gives Q1 View, Expects Strong Market Momentum
This article was originally published on Nasdaq
United States Steel Corporation X has announced its earnings guidance for the first quarter of 2023. The adjusted EBITDA for the quarter is projected to be roughly $375 million. First-quarter adjusted earnings per share are expected between 58 cents and 63 cents.The compa
Will the Fed stop rate hikes? 5 things to know in Bitcoin this week
This article was originally published on CoinTelegraph
Bitcoin targets $30,000 as a new week of macro surprises gets going — what might happen next?
Banking: First Republic set to open at an all-time low as U.S. banks get little or no lift from UBS-Credit Suisse tie-up
This article was originally published on MarketWatch
First Republic continues slide as U.S. banks fall. UBS and Credit Suisse weigh on banks after megadeal, while analyst ponders fate of bank deposits.
Outside the Box: SVB collapsed suddenly not because of the internet and social media, but because that’s what always happens in a bank run
This article was originally published on MarketWatch
Technology doesn’t drive the speed of a bank run. It’s how quickly people panic.
Outside the Box: The Biden administration has the power to stop bank CEOs from creating the next SVB. They just need to use it.
This article was originally published on MarketWatch
A provision in the Dodd-Frank law could have held SVB CEO Gary Becker accountable — and maybe kept Silicon Valley Bank solvent.
: The $275 billion bank convertible bond market thrown into turmoil after Credit Suisse’s securities wiped out
This article was originally published on MarketWatch
Swiss regulator Finma’s write down of 16 billion Swiss francs ($17.2 billion) of risky bonds in Credit Suisse caused the price of AT1 bonds across the market to fall on Monday and rang alarm bells for investors of risky bonds in other European banks.
Bull of the Day: RPC Inc. (RES)
This article was originally published on Nasdaq
Investors have fled RPC Inc. RES in 2023 as crude prices have fallen. But that has created a buying opportunity in this Zacks Rank #1 (Strong Buy). RPC is expected to grow earnings by 67% in 2023.RPC provides specialized oilfield services and equipment to the oil and natu
Bear of the Day: Thor Industries (THO)
This article was originally published on Nasdaq
Thor Industries, Inc. THO is coming down off its COVID pandemic record highs as the market for RVs and towables softens. This Zacks Rank #5 (Strong Sell) is expected to see sales fall 31% in Fiscal 2023.Thor Industries manufactures RVs and towables in North America and Eu
Outside the Box: The end of the ‘everything bubble’ has finally hit the banking system. Credit Suisse and SVB might be just the first of many shocks.
This article was originally published on MarketWatch
The Fed and other central banks face a difficult choice: Keep rates high to control inflation or loosen monetary policy to stabilize financial markets.
New Strong Sell Stocks for March 20th
This article was originally published on Nasdaq
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:
Need to Know: Investors are misreading the SVB depositor rescue, and shouldn’t be buying stocks yet, warns Morgan Stanley’s Mike Wilson
This article was originally published on MarketWatch
Morgan Stanley’s chief U.S. equity strategist warns investors are wrongly interpreting the U.S. rescue for bank depositors as a sort of quantitative easing.
Taiwan watchdog FSC to assume authority on crypto regulation
This article was originally published on CoinTelegraph
Taiwanese lawmakers reportedly expect to finalize a crypto regulatory framework by the end of March or April at the earliest.
Take the Zacks Approach to Beat the Market: Uber, Baidu, AssetMark in Focus
This article was originally published on Nasdaq
Two of the three most widely followed indexes ended the week in the green. The Nasdaq Composite advanced 4.4%, while the S&P 500 gained 1.4%. However, the Dow Jones Industrial Average closed the week in negative territory with a 0.2% loss.
Strength Seen in Pan American Silver (PAAS): Can Its 6.8% Jump Turn into More Strength?
This article was originally published on Nasdaq
Pan American Silver (PAAS) shares soared 6.8% in the last trading session to close at $17.58. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock’s 1.3% gain over the past four weeks.