European stocks were hovering at a fresh high on Wednesday, with investors relieved to see China coronavirus infections falling for another day. Upbeat corporate earnings news also helped drive gains.
Molson Coors Beverage Company’s TAP latest move to get a better share of the growing hard seltzer market by launching Vizzy later this year has been challenged by Austin-based competitor Future Proof Brands LLC that sells Brizzy hard seltzer. The latter filed litigation agains
American Eagle Outfitters (NYSE: AEO) has achieved steady growth over 2015-18, with the company’s revenues increasing by more than 14%. However, the apparel company’s expenses have followed a similar trend over this period – resulting in profits remaining broadly level.
After the commercialization of 4G services in 2014, China Mobile’s (NYSE: CHL) 4G customer base swelled from 91 million in 2014 to 713 million in 2018. 4G adoption was bolstered by the government’s Speed Upgrade & Tariff Reduction policy, which led to a nearly 40% (y-o
Goldman Sachs’ (NYSE: GS) stock rallied almost 40% in 2019, with the company’s share price averaging just above $221 for the year. Despite this strong run, we believe that the premier investment bank’s stock still has some growth potential. Trefis details the key compone
Unilever’s (NYSE: UL) total revenue has dropped from $60.32 billion in 2017 to $58.22 billion in 2019, on the back of a sharp drop in Foods & Refreshments revenue and currency headwinds.
However, Foods & Refreshments is expected to bounce back, and with steady growth
Nasdaq (NASDAQ: NDAQ) reported $4.2 billion in total revenues for the full year 2019, declining by 0.4% (y-o-y) due to low volatility in cash equities and equity options market. However, net revenues remained relatively stable, thanks to 10% (y-o-y) growth in recurring revenue
Anheuser-Busch InBev (NYSE: BUD) has seen its stock price drop by over 23% over the last 6 months, to $74.80 as of February 7, 2020. A major part of the drop began post the announcement of the company’s Q3 2019 results, which saw a major drop in beer volume sold in China. Su
Exact Sciences (EXAS) came out with a quarterly loss of $0.37 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.44 per share a year ago. These figures are adjusted for non-recurring items.
Healthcare Services (HCSG) came out with quarterly earnings of $0.25 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.
Kornit Digital (KRNT) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.
Primerica (PRI) came out with quarterly earnings of $2.22 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $2.01 per share a year ago. These figures are adjusted for non-recurring items.
Blackstone Mortgage Trust (BXMT) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.
Acco Brands (ACCO) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.
Douglas Emmett (DEI) came out with quarterly funds from operations (FFO) of $0.54 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.52 per share a year ago. These figures are adjusted for non-recurring items.
In the latest trading session, Okta (OKTA) closed at $137.27, marking a +1.11% move from the previous day. This move outpaced the S&P 500's daily gain of 0.17%. At the same time, the Dow 0%, and the tech-heavy Nasdaq gained 0.11%.
In the latest trading session, Amedisys (AMED) closed at $195.13, marking a +1.28% move from the previous day. This change outpaced the S&P 500's 0.17% gain on the day. At the same time, the Dow 0%, and the tech-heavy Nasdaq gained 0.11%.
Realty Income Corp. (O) closed at $78.68 in the latest trading session, marking a -1.75% move from the prior day. This move lagged the S&P 500's daily gain of 0.17%. Meanwhile, the Dow 0%, and the Nasdaq, a tech-heavy index, added 0.11%.