(RTTNews) - The China stock market on Wednesday snapped the two-day winning streak in which it had collected more than 40 points or 1.3 percent. The Shanghai Composite Index now sits just beneath the 3,130-point plateau and it may take further damage on Thursday.
Note: Tapestry’s FY’23 ended July 1, 2023.Tapestry (NYSE: TPR), a luxury goods retailer of handbags, shoes, and accessories, is scheduled to report its fiscal third-quarter results on Thursday, May 9. We expect the apparel retailer’s stock to trade higher post t
Colgate-Palmolive (NYSE: CL) reported its Q1 results on April 26, with revenues and earnings above the street estimates. The company reported $5.1 billion revenue and $0.86 adjusted earnings per share, compared to the consensus estimates of $5.0 billion and $0.82, respectively. D
Beyond Meat stock (NASDAQ: BYND), a plant-based meat alternative company, is scheduled to report its fiscal first-quarter results on Wednesday, May 8. We expect BYND’s stock to likely trade lower with revenues and earnings missing expectations in its first-quarter results.
Amgen stock (NASDAQ: AMGN) has seen a solid 9% rise in a week, outperforming the broader S&P500 index, up 1.5%. The recent rise can be attributed to the progress with its weight-loss drug — MariTide and its upbeat Q1 results reported last week. The company reported reve
[Note: News Corp Fiscal Year Ends in June]News Corp stock (NASDAQ: NWSA), a global, diversified media and information services company, is scheduled to report its third-quarter results on Wednesday, May 8. We expect NWSA’s stock to see little to no movement with revenues an
Johnson Controls stock (NYSE: JCI) reported its Q2 fiscal 2024 results last week (fiscal ends in September), with revenue marginally missing and earnings exceeding the street expectations. The company reported revenue of $6.70 billion and adjusted earnings of $0.78 per share, com
Our Theme of Apple Component Supplier Stocks, which includes a diverse set of companies that supply components for Apple’s devices, has remained roughly flat year to date in 2024, underperforming the S&P 500 which remains up by 9% and compared to Apple stock (NASDA
Energy stocks eased late Wednesday afternoon with the NYSE Energy Sector Index little changed, paring earlier losses, and the Energy Select Sector SPDR Fund (XLE) down 0.1%.
(RTTNews) - Treasuries showed a modest move to the downside during trading on Wednesday, giving back ground after moving notably higher over the past several sessions.
Shopify (NYSE: SHOP) is a leading provider of essential internet infrastructure for commerce and e-commerce. Shopify’s earnings report for the first quarter of 2024 was released, and it showcased a robust performance and continued growth. Shopify’s financial report for Q1 provid
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
On Friday, Caesars Entertainment's Director, Michael E. Pegram, made a $1.46M buy o
Kratos Defense & Security Solutions (NASDAQ: KTOS) delivered better-than-expected results in the first quarter and provided positive updates about some of its most important drone programs. Investors are climbing on board, sending Kratos shares up 5% as of 2:30 p.m. ET on Wed
In trading on Wednesday, shares of Brookfield Asset Management Ltd's 6.625% Series A Preferred Units (Symbol: OAK.PRA) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.6563), with shares changing hands as low as $21.94 on the day. This comp
In trading on Wednesday, shares of EPR Properties's 5.75% Series C Cumulative Convertible Preferred Shares (Symbol: EPR.PRC) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.4375), with shares changing hands as low as $19.06 on the day. This
In trading on Wednesday, shares of Power Corp. of Canada's Non-Cumulative First Preferred Shares, Series B (TSX: POW-PRB.TO) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.3375), with shares changing hands as low as $20.55 on the day. As o
In trading on Wednesday, shares of Global Net Lease Inc's 7.50% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: GNL.PRD) were yielding above the 9% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $20.67 on the d