Foot Locker Stock Jumps 5% as Lower Earnings Surpass Estimates
(Foot Locker) Shares of Foot Locker gained more than 5% on Friday after reporting adjusted earnings per share of $1.60 in the first quarter of 2022. The earnings were below…
(Foot Locker) Shares of Foot Locker gained more than 5% on Friday after reporting adjusted earnings per share of $1.60 in the first quarter of 2022. The earnings were below…
(Twitter) The net value of Tesla CEO Elon Musk fell by about $12.3 billion in a single day after labeling the environmental, social, and governance aspects of investing a scam.…
(Ross Stores) Shares of Ross Stores, Inc. fell more than 27% in premarket on Friday after reporting earnings of $338.45 million or a diluted $0.97 per share in the first…
(NIO) NIO was listed on Singapore Exchange Securities Trading Limited on May 20, becoming the first car company to debut in three different locations. The stock opened at $16.9 in…
(Kohl’s) Shares of Kohl’s Corporation fell more than 8% on Thursday after reporting total revenue of $3.715 billion in the first quarter of 2022. The revenue was below $3.887 billion…
(Spirit) Spirit Airlines has for another time rejected an improved offer from JetBlue, saying it contains inaccurate statements and mischaracterizations. Spirit says the new and improved $30 per share from…
(Vipshop) Shares of Vipshop fell more than 6% in premarket on Thursday after reporting revenues of RMB25.2 billion or US$4.0 billion in the first quarter of 2022. The revenue was…
(Cisco) Cisco expects its revenue in the fourth quarter of 2022 to fall between 1% to 5.5% from the prior year. The lower revenue projection comes when sales in the…
(Markets Insider) Stifel strategist Barry Bannister believes that Bitcoin is late to the capitulation in risk, pointing out that the wash-out that emerges can help spot equity bottoms. Bannister says…
(TJX) Shares of TJX Companies Inc. soared more than 8% on Wednesday after reporting an income of $587.5 million or 49 cents per share in the first quarter of 2023.…
(Target) Shares of Target Corporation fell more than 24% in premarket on Wednesday after net earnings fell by 51.9% from the prior year to $1.009 billion. Target grew sales by…
(Lowes) Lowe’s sales in the first quarter of 2022 came at $23.7 billion, lower than sales of $24.4 billion in the comparable quarter of 2021. Comparable sales fell 4.0%. Lowe’s…