Tech stocks were lower late Thursday with the Technology Select Sector SPDR Fund (XLK) decreasing 0.3% and the Philadelphia Semiconductor index shedding 0.2%.
Tech stocks were mixed in Thursday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the Philadelphia Semiconductor index fractionally higher.
Credit ratings are a critical factor when it comes to investing as they indicate the creditworthiness of an entity, be it a company or a country. A higher credit rating implies a lower risk of default, making it easier and cheaper
During the second quarter, a significant shift in deposit trends has occured in the American banking industry, with regional banks gaining ground over their larger counterparts. JPMorgan Chase, Bank of America, Citigroup, and Well
Thursday, August 3, 2023The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features a real-time update on the ongoing Q2 earnings season and new research reports on 16 major stoc
For investors seeking momentum, Invesco S&P SmallCap Consumer Staples ETF PSCC is probably on radar. The fund just hit a 52-week high and is up 23.56% from its 52-week low price of $31.02/share.
For the quarter ended June 2023, Magellan Midstream Partners (MMP) reported revenue of $877.2 million, up 11.2% over the same period last year. EPS came in at $1.23, compared to $1.13 in the year-ago quarter.
For the quarter ended June 2023, NuStar Energy L.P. (NS) reported revenue of $378.33 million, down 12.1% over the same period last year. EPS came in at $0.09, compared to $0.19 in the year-ago quarter.
For the quarter ended June 2023, Dun & Bradstreet (DNB) reported revenue of $554.7 million, up 3.2% over the same period last year. EPS came in at $0.22, compared to $0.25 in the year-ago quarter.
For the quarter ended June 2023, Jones Lang LaSalle (JLL) reported revenue of $5.05 billion, down 4.3% over the same period last year. EPS came in at $0.50, compared to $4.48 in the year-ago quarter.
For the quarter ended June 2023, Murphy Oil (MUR) reported revenue of $814.59 million, down 26% over the same period last year. EPS came in at $0.79, compared to $1.93 in the year-ago quarter.
For the quarter ended June 2023, Planet Fitness (PLNT) reported revenue of $286.46 million, up 27.6% over the same period last year. EPS came in at $0.65, compared to $0.38 in the year-ago quarter.
Upbound Group (UPBD) reported $979.16 million in revenue for the quarter ended June 2023, representing a year-over-year decline of 8.6%. EPS of $1.11 for the same period compares to $1.15 a year ago.
ConocoPhillips (COP) reported $12.88 billion in revenue for the quarter ended June 2023, representing a year-over-year decline of 41.4%. EPS of $1.84 for the same period compares to $3.91 a year ago.
For the quarter ended June 2023, Papa John's (PZZA) reported revenue of $514.53 million, down 1.6% over the same period last year. EPS came in at $0.59, compared to $0.74 in the year-ago quarter.
For the quarter ended June 2023, CommScope (COMM) reported revenue of $1.92 billion, down 16.6% over the same period last year. EPS came in at $0.19, compared to $0.41 in the year-ago quarter.
The financial markets were taken aback when the rating agency Fitch downgraded the United States to AA+ from AAA this week, expecting fiscal deterioration over the next three years and repeated last minute debt ceiling negotiation