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Cisco’s Weak Outlook Impacts Competitors

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  • Post last modified:November 16, 2023

Shares in Cisco’s rivals, Juniper Networks and Arista Networks, took a hit following Cisco's dismal outlook for the future. However, KeyBanc analysts suggest that the impact on these competitors may…

Halma Reports Growth in Pretax Profit

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  • Post last modified:November 16, 2023

Halma, the safety, health, and environmental-technology company, has announced an increase in pretax profit due to revenue growth across all sectors and successful recent acquisitions. The company also confirmed that…

Decline in Canadian Existing Home Sales Continues

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  • Post last modified:November 15, 2023

Existing home sales in Canada witnessed a 5.6% drop in October, marking the fourth consecutive month-over-month decline. This decrease can be attributed to higher interest rates that continue to impact…

Target’s Strong Q3 Earnings Drive Stock Surge

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  • Post last modified:November 15, 2023

Target stock soared after the retailer's impressive third-quarter earnings surpassed Wall Street's expectations, even as revenue declined. Stellar Q3 Earnings Target (ticker: TGT) reported adjusted earnings of $2.10 per share,…

TJX Cos. Stock Falls on Below-Estimate Q4 Guidance

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  • Post last modified:November 15, 2023

TJX Cos. (TJX) stock experienced a 1.2% drop in premarket trading on Wednesday following the release of fourth-quarter guidance that fell short of analyst estimates. Despite this, the retailer reported…

TJX Cos. Stock Falls on Below-Estimate Q4 Guidance

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  • Post last modified:November 15, 2023

TJX Cos. (TJX) stock experienced a 1.2% drop in premarket trading on Wednesday following the release of fourth-quarter guidance that fell short of analyst estimates. Despite this, the retailer reported…

Anheuser-Busch InBev S.A. ADR Reports Gains

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  • Post last modified:November 14, 2023

The Anheuser-Busch InBev S.A. ADR (BUD) stock witnessed a notable rally of 2.55% to reach $61.23 on Tuesday. This surge took place amidst a favorable trading session for the overall…

Inflation Likely to Ease, but Fed Remains Cautious

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  • Post last modified:November 14, 2023

The rate of inflation is expected to have eased in October, primarily due to lower gas prices. However, this slight decrease is unlikely to alleviate the concerns of the Federal…

Siemens Fourth-Quarter Results

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  • Post last modified:November 14, 2023

Siemens, the German industrial conglomerate, is set to announce its fourth-quarter results for fiscal 2023 on Thursday. Here are the key details you need to know: Revenue The company is…