Kroger (KR) is covered by 26 Wall Street analysts, and the stock is rated 2.5 on a scale of 1 (strong buy) to 5 (strong sell). Its ratings have deteriorated over the past six months. The company had a 2.2 rating in May. A downgrade by Pivotal Research in June and by Deutsche Bank on October 9 are behind this rating decline.
Bristol Myers Squibb (BMY) shares are trading lower Thursday afternoon following the pharmaceutical company's announcement of several cost-cutting initiatives. Among the measures were workforce reductions and the termination of approximately 12 drug development programs. Yahoo Finance Health Reporter Anjalee Khemlani breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith.
Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Wednesday amid Meta's sell-off.
Walmart said on Thursday that Rob Walton would retire from the board of the big-box retailer at the end of his term on June 5. After joining the company in 1969, Walton held several roles, including senior vice president, corporate secretary, general counsel and vice chairman. "His leadership has been critical as we've grown our business over so many years," Greg Penner, the current Chairman of Walmart's board said in a regulatory filing announcing Walton's retirement.
MIAMI & NEW YORK & HOUSTON, April 25, 2024--On.Energy, a growing North America electric power asset owner and proven end-to-end integrator of battery energy storage systems ("BESS"), today announced it has closed a senior secured first lien facility with Lombard Odier Investment Managers ("LOIM") on behalf of funds under its management, including the LOIM Sustainable Private Credit Strategy ("Strategy"). The facility will help On.Energy amplify and accelerate project development efforts as the c
Gilead beat first-quarter calls, but it came on the back of Covid drug Veklury. And Gilead stock jumped in late trades Thursday.
Following the Aerojet buyout in 2023, L3Harris suspended its merger and acquisition activity for the "foreseeable future" in efforts to strengthen its balance sheet. L3Harris also launched a review of its operational performance, cost structure and portfolio composition, which is expected to be completed by this year. Earlier this week, Reuters reported that L3Harris would cut 5% of its workforce this year as part of a cost saving measure, citing an email to employees.
STOCKHOLM, April 25, 2024--Legitify, a leading European remote online notarisation solution has entered into a partnership with Scrive, to offer electronic notarisation to Legitify’s customers.
Tesla has had a terrible start to 2024. But Tesla stock hasn't gotten any cheaper, by a key metric. In fact, it's more expensive than ever. Often when a stock sells off hard, investors and Wall Street analysts will tout it as a buy, citing much-cheaper valuations.
The Phoenix Suns and their so-called Big Three return home to the desert in a big pickle. Kevin Durant, Devin Booker, Bradley Beal and the Suns are in a 2-0 hole heading into Friday's Game 3 of their Western Conference first-round playoff series against the Minnesota Timberwolves, who looked mostly dominant in a pair of double-digit wins in the first two games. There are two more Game 3s on Friday, including Bucks at Pacers and Clippers at Mavericks.
Intel (INTC) reported first quarter earnings that topped Wall Street estimates, but its outlook for the second quarter was a disappointment for investors, sending shares lower in after-hours trading. The chip giant reported adjusted earnings per share of $0.18, surpassing estimates of $0.13. Revenue was in line with expectations, $12.72 billion versus estimates of $12.71 billion. For the second quarter, the company sees revenue of $12.5 billion to $13.5 billion compared to estimates of $13.63 billion and adjusted earnings per share of $0.10 versus expectations of $0.24. Yahoo Finance's Julie Hyman and Jared Blikre break down Intel's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Alphabet (GOOGL, GOOG) declares a cash dividend of $0.20 per share to investors while reporting a first-quarter earnings beat; the Google parent company topped expectations on the top and bottom lines, posting adjusted earnings of $1.89 per share (against estimates of $1.53) and $67.59 billion (against estimates of $66.07 billion). And Alphabet's stock is overjoyed, surging as high as 13% in Thursday's after-hours trading session. Yahoo Finance Markets Reporter Josh Schafer joins Julie Hyman and Jared Blikre on Market Domination Overtime to break down the tech giant's quarterly results, comparing and contrasting Alphabet's earnings performance to that of Big Tech peers such as Meta Platforms (META). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Jimmy Kimmel stunned Carol Burnett on his show with a special 91st birthday present courtesy of Bradley Cooper.
KANSAS CITY, Mo., April 25, 2024 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) will report fiscal 2024 third quarter results on Thursday, May 9, 2024, after the New York Stock Exchange market close. At that time, a copy of the press release and presentation will be available on the company's investor relations website at https://investors.hrblock.com/. A conference call for analysts, institutional investors, and shareholders will be held at 4:30 p.m. Eastern time on Thursday, May 9, 2024. Duri
HOUSTON, April 25, 2024--Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the third quarter of 2024 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.
LOUISVILLE, Ky., April 25, 2024--Fifty million Americans don’t take their prescribed medication because they can’t afford it, often making the impossible choice between medications and food, housing, gas, or other necessities. At the same time, up to $11 billion worth of surplus medication goes to waste every year.
Google’s corporate parent Alphabet Inc. on Thursday released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence. The results for the first three months of the year provided the latest evidence that Google has regained its momentum after an unprecedented downturn in 2022 coming out of the pandemic. In the January-March period, Alphabet’s revenue rose 15% from the same time last year to $80.54 billion, which surpassed the projections of analysts surveyed by FactSet Research.
CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta" or the "Company") held its Annual Meeting of Shareholders (“the Meeting”) on April 25, 2024. The total number of common shares represented by shareholders at the Meeting and by proxy was 194,587,285, representing 63.21 per cent of the Company’s outstanding common shares. The following resolutions were considered by shareholders: Election of Directors The twelve director nominees proposed
Sustained Gross Margin Performance with Sales in Expected Range Provides Q2-24 Sales and Gross Margin GuidanceWEST ORANGE, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the first quarter of 2024. First Quarter 2024 Highlights •Net sales of $128.1 million compared to $172.3 million in Q1-23•Gross profit margin of 37.5%, up from 31.1% in Q1-23•Net earnings of $15.9 million versus $14.6 million in Q1-23•Adjusted EB
FEATURE Tesla stock surged again on Thursday, bringing the two-day gain to more than $28 a share, up 17.4%. Shares closed at $170.18, up 5%, while the and fell 0.5% and 0.6%, respectively. First quarter earnings are still at work.
More than 90 protesters were arrested after police clashed with protesters during the demonstrations on the Californian campus on Wednesday
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