Oil prices remained at a solid shape in the third quarter of 2023 due to reduced supplies and ebbing U.S. recession fears. Oil futures touched a fresh 2023 high of more than $95 on Sep 27 after inventories at the largest storage h
The S&P 500, the Nasdaq and the Dow Jones – all underperformed in the third quarter of 2023, having lost about 3.7%, 4.1% and 2.6%. But the fourth quarter may not see such turbulent trading as it includes all-important holiday
Electric vehicle (EV) sales in the United States soared to new heights, jumping more than 300,000 for the first time in the third quarter. There was a staggering 49.8% year-over-year increase, with 313,086 electric cars sold from
On Oct 13, Microsoft’s MSFT $69 billion takeover of Activision Blizzard ATVI was granted the green light by Britain’s competition watchdog – Competition and Markets Authority (“CMA”).The regulatory authority granted clearance for
A month has gone by since the last earnings report for Cracker Barrel Old Country Store (CBRL). Shares have lost about 5% in that time frame, underperforming the S&P 500.
The rally in the U.S. housing market has fizzled due to higher mortgage rates, which are taking a toll on builder confidence and consumer demand. This is especially true as mortgage rates topped the highest level since 2000 last w
Inflation in the United States was steady last month as the Consumer Price Index rose 3.7% year over year, flat compared with the August level. Although inflation is still significantly above the Federal Reserve's 2% target, it ha
For the quarter ended September 2023, Citigroup (C) reported revenue of $20.14 billion, up 8.8% over the same period last year. EPS came in at $1.52, compared to $1.50 in the year-ago quarter.
Progressive (PGR) reported $15.71 billion in revenue for the quarter ended September 2023, representing a year-over-year increase of 20.9%. EPS of $2.09 for the same period compares to $0.49 a year ago.
The PNC Financial Services Group, Inc (PNC) reported $5.23 billion in revenue for the quarter ended September 2023, representing a year-over-year decline of 5.7%. EPS of $3.60 for the same period compares to $3.78 a year ago.
Wells Fargo (WFC) reported $20.86 billion in revenue for the quarter ended September 2023, representing a year-over-year increase of 6.9%. EPS of $1.39 for the same period compares to $1.30 a year ago.
Unity Bancorp (UNTY) reported $25.58 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 2.9%. EPS of $0.97 for the same period compares to $0.93 a year ago.
For Immediate ReleaseChicago, IL – October 13, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fi
For Immediate ReleaseChicago, IL – October 13, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fi
If you have been looking for Mutual Fund Equity Report funds, a place to start could be Fidelity Growth Discovery (FDSVX). FDSVX holds a Zacks Mutual Fund Rank of 2 (Buy), which is based on various forecasting factors like size, c
Have you been searching for a Mutual Fund Equity Report fund? You might want to begin with Schwab Health Care Fund (SWHFX). SWHFX possesses a Zacks Mutual Fund Rank of 3 (Hold), which is based on various forecasting factors like s
If you've been stuck searching for Mutual Fund Equity Report funds, consider Fidelity Trend Fund (FTRNX) as a possibility. FTRNX holds a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on various forecasting factors like
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