July 24, 2024
Via: Investing.comIn a notable downturn, BAER shares have reached a 52-week low, trading at a price of $2.83. This marks a significant dip for the company, which has been grappling with a challenging market environment. The low price level reached is […]
July 9, 2024
Via: MoneyWeekBP CEO Murray Auchincloss says the group has stopped bidding on new offshore wind projects in order to simplify operations and reduce costs, says Emma Powell in The Times. At the same time, BP will spend more on new oil and gas assets, particularly […]
July 8, 2024
Via: The Wall Street JournalDevon Energy DVN -1.08% has agreed to acquire Grayson Mill Energy, a oil-and-gas producer in the Williston Basin, in a cash-and-stock deal valued at $5 billion. The Oklahoma City-based Devon said Monday that it would pay $3.25 billion in cash and $1.75 billion […]
July 8, 2024
Via: The Wall Street JournalDanish brewer Carlsberg CARL.A 3.47% agreed to buy London-listed soft drinks maker Britvic BVIC 4.55% for 3.3 billion pounds, or about $4.23 billion, as part of a plan to expand in the non-alcoholic beverage market and reduce reliance on beer sales. Carlsberg, which brews its namesake lager […]
June 25, 2024
Via: DailyFXNvidia has shed nearly 16% of its market value in the last three trading sessions as sellers take control of the world’s largest chipmaker. Nvidia became the world’s largest company last week, with a valuation in excess of $3.34 trillion, […]
June 17, 2024
Via: Investing.comIn a recent move, Charles K. Cohn, the Chief Executive Officer of Nerdy Inc. (NYSE:NRDY), an educational services provider, has increased his stake in the company through the purchase of additional shares. The transaction, which occurred on June 13, 2024, […]
June 11, 2024
Via: NBC NewsApple shares popped 5% to a new record high of around $203 per share on Tuesday, a day after the company announced its long-awaited push into artificial intelligence at its annual developer conference on Monday. Apple introduced a range of […]
June 11, 2024
Via: Investing.comNaspers Limited (Naspers) (JSE: NPN): Shareholders are advised that the Naspers group (the Group) is finalising its financial statements for the year ended 31 March 2024. During the year our ecommerce businesses delivered peer leading growth and accelerated profitability. We […]
June 7, 2024
Via: MoneyWeekShares in US retailer Walmart, deemed a “bellwether” for the US consumer, have reached an all-time peak, propelling its market value above $500bn, says Alexandra White in the Financial Times. The bounce is due to an unexpectedly positive quarterly report. […]
June 6, 2024
Via: Investing.comMichael F. Leggio III, Chief Operating Officer of Adams Resources & Energy, Inc. (NYSE:AE), has recently purchased shares of the company’s common stock, signaling a vote of confidence in the enterprise. On May 28, 2024, Leggio acquired 200 shares at […]
May 29, 2024
Via: Investing.comOn Wednesday, Evercore ISI maintained its Outperform rating and $330.00 price target for Salesforce.com (NYSE:CRM), anticipating a positive earnings report. The firm forecasts that the company will likely exceed first-quarter expectations modestly, particularly in subscription revenue, Current Remaining Performance Obligations […]
May 29, 2024
Via: Investing.comOn Wednesday, Deutsche Bank kept its Buy rating on American Airlines (NASDAQ:AAL) but noted a significant revision in the company’s financial outlook for the June quarter. The airline now expects a year-over-year unit revenue decline of 5% to 6%, a […]
May 20, 2024
Via: DailyFXNVIDIA is set to release its Q1 FY25 financial results on May 22, 2024, with expectations of delivering another record revenue and margin. In the previous earnings season, Nvidia stocks surged by nearly 10% on the earnings date. Will the […]
May 7, 2024
Via: Investing.comEnergy Fuels (TSX:EFR) Inc. (NYSEAMERICAN:UUUU), a leading miner in the nonmetallic minerals sector, reported a recent purchase of company shares by one of its directors, Ivy Estabrooke. The transaction, which took place on May 7, 2024, involved the acquisition of […]
May 3, 2024
Via: Investing.comIn the latest earnings call, Apple Inc. (NASDAQ:AAPL) announced a significant increase in revenue and earnings per share (EPS) for the second quarter of the fiscal year 2024, with services reaching an all-time high. The company reported $90.8 billion in […]
April 15, 2024
Via: NBC NewsShares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock. Trump Media’s dramatic slide came as Donald Trump headed to a Manhattan court to begin jury selection for […]
Enterprise, Finance Tech, Industries, Trading
March 26, 2024
Via: Investing.comTuesday, GLJ Research maintained a Sell rating on Tesla shares (NASDAQ:TSLA) with a price target of $23.53, revising down its Q1 delivery estimates due to softening demand in China and the United States, coupled with sluggish European sales in recent […]
Enterprise, Finance Tech, Industries, Trading
March 21, 2024
Via: Investing.comOn Thursday, Mizuho Securities adjusted its outlook on Herbalife (NYSE:HLF) Nutrition Ltd. (NYSE:HLF), reducing the price target to $10 from the previous $12, while keeping a Neutral rating on the stock. This change comes in the wake of the company’s announcement on […]
March 6, 2024
Via: Investing.comAbercrombie & Fitch (ANF) reported better-than-expected earnings and revenue for the fiscal fourth quarter, with comparable sales and gross margin also topping expectations. ANF shares fell around 3% at the market open. The company announced its Q4 earnings per share […]
September 1, 2023
Via: Investing.comNvidia (NASDAQ:NVDA) Corp’s market capitalization climbed higher in August thanks to its strong profit forecasts, which defied the broader downtrend in mega-cap technology stocks during the past month as an uptick in U.S. bond yields rattled the sector. Nvidia’s shares […]