July 30, 2021
“Shares of Baker Hughes Co. rallied 0.8% in morning trading Friday, after the oilfield products and services company said it set a $2 billion stock repurchase program. Based Thursday’s stock closing price of $21.18, the buyback program represents about 9.1%… Continue Reading…
July 30, 2021
“The stock market was off its opening lows Friday morning as the Nasdaq composite took the hardest hit from weakness in Amazon.com (AMZN) in particular.Volume 0% Amazon.com slid nearly 7% after the company reported second-quarter sales that missed views and gave a disappointing forecast… Continue Reading…
July 30, 2021
“…The company posted better-than-expected earnings results on Tuesday, but Wall Street appears more excited about the industrial conglomerate’s improving cash flow. In addition to beating estimates, GE (ticker: GE) raised its full-year free-cash-flow guidance for its industrial operations to a midpoint of… Continue Reading…
July 30, 2021
“Shares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session. That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according… Continue Reading…
July 28, 2021
“Mimecast, Ltd. (MIME)… Overall, MIME derives its Strong Buy consensus rating from 10 reviews, including 8 Buys and 2 Holds. The shares are trading for $55.24 and their $62.90 average price target suggests room for another 14% in price appreciation. Super… Continue Reading…
July 28, 2021
“…Generac Earnings Estimates: FactSet consensus was for Generac earnings per share of $2.31, 65% above the year-ago quarter, with sales up 59% to $867 million. Results: Generac earnings per share leapt 71% to $2.39 a share. Revenue climbed 68% to… Continue Reading…
July 28, 2021
“A global chip shortage has put the squeeze on car production and driven the price of used cars higher. Used car and truck prices rose by more than 45% in June, according to the most recent read on inflation. That looks to have had a… Continue Reading…
July 28, 2021
“…Boeing’s revenue rose 44% to nearly $17 billion from $11.8 billion a year earlier, beating analyst estimates of $16.54 billion. Here’s how the company performed compared with analysts’ estimates complied by Refinitiv: Adjusted EPS: 40 cents vs a per-share loss… Continue Reading…
July 26, 2021
“Shares of Hasbro Inc. surged 2.3% in premarket trading Monday, after the toy maker reported a second-quarter adjusted profit that was more than double what was expected, as revenue got boosts from strength in franchise brands and Wizards of the… Continue Reading…
July 26, 2021
“The parent of Google and the world’s largest search engine that dominates internet search activity globally, Alphabet, is expected to report its second-quarter earnings of $19.33 per share, which represents year-over-year growth of about 90% from $10.13 per share seen in the same… Continue Reading…
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