The numbers: U.S. existing-home sales fell 7.7% to a seasonally adjusted annual rate of 4.09 million in November, the National Association of Realtors said Wednesday. This is the 10th straight Read more
Tag: Financial Performance
FedEx expects to cut costs by an extra $1 billion as earnings beat but sales come up well short of target
FedEx Corp. on Tuesday said it planned to slash an extra $1 billion in costs beyond what it outlined in September, bringing those total expected cuts to roughly $3.7 billion, Read more
Nike destroys earnings and sales expectations, stock gains
Nike Inc.’s stock rose nearly 8% in extended trading Tuesday after the sporting-goods retailer reported early holiday earnings and sales are tracking solidly higher than Wall Street expected, though inventories Read more
Delta Air Lines stock jumps on raised guidance, as carrier cites ‘robust’ demand for air travel
Delta Air Lines’ stock rose 4.7% before market open on Wednesday after the company raised its earnings guidance. The carrier DAL, -4.00% said it is executing on its three-year recovery Read more
Lufthansa raises 2022 outlook on strong air travel demand
Deutsche Lufthansa AG on Tuesday raised its earnings outlook for 2022 on strong demand for air travel, and said that its earnings performance in October and November exceeded expectations. The Read more
Oracle stock rises as earnings and revenue beat, but forecast is still to come
Oracle Corp. topped Wall Street’s expectations for profit and revenue in its most recent quarter, though the software company is still expected to issue a forecast that could be more Read more
Lululemon stock drops 10% after mixed quarterly results, soaring inventories
Lululemon Athletica Inc. stock fell more than 10% in the extended session Thursday after the athleisure-wear maker reported mixed quarterly results and saw inventories soar. Lululemon LULU, +0.59% earned $735 Read more
$3,000 gold and more outrageous market predictions investors shouldn’t brush aside.
Monday served as another smackdown for investors who are banking on a Goldilocks economy and a less aggressive Fed. Some are now not ruling out a Grinch-like turn from the Read more
BioVie Shares jump Premarket on Parkinson’s, Alzheimer’s Studies >BIVI
By Colin Kellaher Shares of BioVie Inc. rose sharply in premarket trading Tuesday after the clinical-stage biopharmaceutical company reported positive results from a pair of Phase 2 studies assessing the
Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which stocks are analysts’ favorites for next year among an expanded Read more
10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023