Vroom, Inc. VRM announced that it is discontinuing its e-commerce operations and shutting down its used vehicle dealership business to preserve liquidity and optimize stakeholder value.Vroom is a parent company of CarStory and Uni
First Mid Bancshares (FMBH) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-
Popular (BPOP) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $3.56 per share a year ago. These figures are adjusted for non-recurring ite
Seagate Technology Holdings plc STX reported second-quarter fiscal 2024 non-GAAP earnings of 12 cents per share. The Zacks Consensus Estimate was pegged at a loss of 7 cents per share. The company reported non-GAAP earnings of 16
Valley National (VLY) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurr
TriCo (TCBK) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items
Old Republic International (ORI) came out with quarterly earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for
The oil pricing environment continues to be favorable for upstream activities, thereby brightening the outlook for oilfield service companies, at least for 2024. Three companies from the oilfield space that are well poised to gain
Northrop Grumman (NOC) came out with quarterly earnings of $6.27 per share, beating the Zacks Consensus Estimate of $5.75 per share. This compares to earnings of $7.50 per share a year ago. These figures are adjusted for non-recur
Sherwin-Williams (SHW) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.80 per share. This compares to earnings of $1.89 per share a year ago. These figures are adjusted for non-recur
The U.S. stock market's march to all-time highs is putting the spotlight on its large valuation premium over global equities, leading some investors to look abroad for outsize returns.
Turkey's central bank is expected to raise interest rates by another 250 basis points to 45% this week, marking the end of its aggressive tightening cycle, a Reuters poll showed on Monday.
UnitedHealth Group (NYSE: UNH) reported its Q4 results earlier this month, with revenues and earnings above the street expectations. The company reported revenue of $94.4 billion and adjusted earnings of $6.16 per share, both above the $92.1 billion and $5.98 consensus estimates,
Capital One (NYSE: COF) is scheduled to report its fiscal Q4 2023 results on Thursday, January 25, 2024. We expect the revenues to be just above (in line) the expectations, while earnings are likely to miss the consensus. The company outperformed the street estimates in the las
Chinese e-commerce and cloud behemoth Alibaba stock (NYSE:BABA) has considerably underperformed the broader tech indices, declining by about 7% year-to-date and by over 40% over the last 12 months. The company has been weighed down by multiple issues. For one, the Chinese economy
Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023, when he realized that the Chinese economy and its stock markets were going downhill.
The First Bancshares (FBMS) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-
Soybeans dropped from their midday highs, but still closed mostly higher on the day. Old crop futures were fractionally mixed to 1 ½ cents weaker while new crop prices closed fractionally to 1 ¼ cents higher. Soymeal futures ended the day $2.20 to $3.10 stronger, while the Soy oil futures...
Chicago wheat futures led the way on Wednesday with 2% to 2.4% double digit gains. New crop SRW remains at a 15 ½ cent premium to March. KC wheat futures were up by 8 ¼ to 9 ¼ cents on the day. The March-July HRW spread was just 3 ½...
Corn prices were near their highs for the Wednesday close with futures going home 4 ½ to 5 ¾ cents higher. Midday corn futures are trading 3 ½ to 5 cents higher with the board near the session highs. Dollar Index remains at the highest levels since mid-December, but had...