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Category: Enterprise


Enterprise, Finance Tech, Industries, Trading

Tesla stock sell rating affirmed, price target at $23.53 on weak demand

March 26, 2024

Via: Investing.com

Tuesday, 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

Mizuho cuts Herbalife share price target, cites CFA John DeSimone return

March 21, 2024

Via: Investing.com

On 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 […]


Enterprise, Industries

Abercrombie tops expectations for Q4 earnings and revenue, shares down

March 6, 2024

Via: Investing.com

Abercrombie & 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 […]


Enterprise, Industries

Nvidia’s market cap climbs amid tech turbulence in August

September 1, 2023

Via: Investing.com

Nvidia (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 […]


Enterprise, Industries

Dollar General shares sink on second annual forecast cut, quarterly results miss

August 31, 2023

Via: Investing.com

Dollar General cut its annual forecasts and posted a worse-than-expected quarter, hit by weaker store traffic and a move to sell more low-margin essentials over discretionary goods, knocking its shares down 16%. The Goodlettsville-Tennessee based retailer has fallen short of […]


Enterprise, Industries

Exxon ups production to counter falling prices in record Q1

April 28, 2023

Via: ABC News

Exxon Mobil more than doubled its profit during the first quarter, producing more oil to overcome energy prices that have declined during a period of economic unease. Net oil and gas net production jumped by nearly 300,000 oil-equivalent barrels per […]


Enterprise, Industries

Amazon posts strong profits but warnings over slowdown sparks dip in share gains

April 28, 2023

Via: Sky News

The company reported a nine per cent hike in revenue compared to last year. But an early uplift in the tech giant’s stocks took a dip after chief financial officer Brian Olsavsky said cloud customers were seeking to cut their […]


Enterprise, Industries

Deal for UBS to buy Credit Suisse sends shares tumbling

March 20, 2023

Via: ABC News

Shares of Credit Suisse plunged 60.5% on Monday after banking giant UBS said it would buy its troubled Swiss rival for almost $3.25 billion in a deal orchestrated by regulators to try to stave off further turmoil in the global […]


Enterprise, Industries

Apple stock price target raised at Wedbush on positive iPhone demand checks

March 8, 2023

Via: Investing.com

Wedbush analysts raised the price target on Apple (NASDAQ:AAPL) stock to $190 per share from $180 to reflect positive Asia checks on iPhone demand. They also reaffirmed the Outperform rating and Apple’s place on Webush’s Best Idea List. Asia checks […]


Enterprise, Industries

Drax: Subsidies for power giant questioned as annual profits soar

February 23, 2023

Via: Sky News

Gas prices reached record highs last year as Russia squeezed supplies to Europe in response to sanctions for its invasion of Ukraine, accelerating the shift away from fossil fuels and driving demand for renewables. But as earnings soared for Drax […]


Capital, Enterprise, Finance Tech, Industries

Jeep Maker Stellantis to Hand $4.5 Billion to Shareholders

February 22, 2023

Via: The Wall Street Journal

Stellantis STLA -3.64% NV is planning to distribute $4.47 billion in dividends to shareholders and buy back up to $1.60 billion worth of shares after revenue and net profit surged in 2022, a year marked by a steep rise in […]


Enterprise, Industries

EDF’s nuclear power-producing UK entity reported £1.1bn profit

February 17, 2023

Via: Sky News

While an overall loss was recorded at EDF (Électricité de France) earnings rose at its UK operations, it said in its 2022 annual results. Core profits in the UK electricity-producing entity hit £1.12bn, up from a loss of £21m the […]


Enterprise, Industries

Roku shares jump on promise of turning a profit

February 16, 2023

Via: Investing.com

Streaming device maker Roku (NASDAQ:ROKU) Inc is aiming to turn a profit in 2024 as it strives to drastically cut costs to ride out a weakness in the ad market, sending its shares up 12% in trading before the bell […]


Enterprise, Industries

Consumer goods giant Unilever expects price growth throughout 2023

February 9, 2023

Via: Sky News

As the cost of living crisis continues to harm household spending power, Unilever forecast a €1.5bn (£1.3bn) impact from inflation during the first half of its financial year. The company, which also includes brands such as Domestos and Hellmann’s in […]


Enterprise, Industries

Dominion Energy Announces Fourth-Quarter and Full-Year 2022 Earnings

February 8, 2023

Via: Markets Insider

Dominion Energy (NYSE: D) today announced unaudited net loss determined in accordance with Generally Accepted Accounting Principles (reported earnings) for the three months ended Dec. 31, 2022, of $42 million ($0.07 per share) compared with net income of $1.3 billion […]


Enterprise, Industries

Disney Plans to Cut 7,000 Jobs, $5.5 Billion in Costs

February 8, 2023

Via: The Wall Street Journal

Walt Disney Co. said it plans to cut 7,000 jobs and slash $5.5 billion in costs as part of a major corporate reorganization that gives more power to the company’s content executives and puts a greater emphasis on sports media […]


Enterprise, Industries

Staycation giant Parkdean plots £600m refinancing after shelving sale

February 7, 2023

Via: Sky News

Sky News understands that Parkdean Resorts has appointed bankers at Barclays and Bank of America to work on a deal ahead of hundreds of millions of pounds falling due for repayment in March 2024 and the following year. The attempt […]


Enterprise, Industries

Adani Group Plans $1.1 Billion Loan Repayment After Share Collateral Plummets

February 6, 2023

Via: The Wall Street Journal

The ports-to-energy conglomerate controlled by Indian billionaire Gautam Adani said its founders will prepay a $1.1 billion loan that was backed by shares of some of its companies, a move to shore up investor confidence after a rout in its […]


Enterprise, Industries

Shell announces record annual profits of £32.2bn after energy price surge

February 2, 2023

Via: Sky News

The London-listed company also posted record fourth-quarter earnings of $9.8bn (£7.9bn). The profits – which were even higher than the $38.17bn (£30.8bn) analysts had expected – came thanks to bumper gas prices as Russia’s invasion of Ukraine led countries to […]


Capital, Enterprise, Finance Tech, Industries

Adani’s market losses top $100 billion as shelved share sale spooks investors

February 2, 2023

Via: Investing.com

Adani Group’s market losses swelled to more than $100 billion on Thursday, sparking worries about their potential systemic impact, a day after its flagship company abandoned a $2.5 billion stock offering. The withdrawal of Adani Enterprises’ share sale marks a […]