IA Financial’s Fourth-Quarter Earnings Disappoint
Shares of IA Financial took a hit on Wednesday as the company's fourth-quarter underlying earnings failed to meet expectations. Despite reporting a rise in net income to 256 million Canadian…
Allianz Q4 2023 Earnings Preview
Net Profit Forecast Europe's largest insurer, Allianz, is expected to report a net profit of 2.17 billion euros ($2.34 billion) for the fourth quarter of 2023. This is an increase…
Cigna Group: Bucking the Trend in Managed-Care Earnings
A strange thing happened on Friday morning: Cigna, a managed-care company, reported its earnings, and to everyone's surprise, its stock jumped up. This positive market reaction is noteworthy considering the…
Charter Communications Reports Lower Earnings in Q4 2022
Charter Communications, a leading cable company, has reported lower earnings in the fourth quarter of 2022. The company faced challenges with its internet and video customers, as cord cutting accelerated…
U.S. Stock Market Faces Uphill Battle in 2024
Morgan Stanley's Andrew Slimmon warns that the U.S. stock market is in for a challenging year ahead, despite the anticipated interest rate cuts from the Federal Reserve. As the senior…
Lonza Group Expects Flat Sales Growth for 2024
Swiss life-sciences company, Lonza Group, has reported lower earnings for last year despite higher revenue, citing continued investments. Looking forward, the company expects sales growth to be flat in 2024…
Analysts Optimistic about Discover Financial Services’ Future Growth
Analysts at Citi have raised their rating on Discover Financial Services to Buy from Neutral, citing several catalysts that they believe will boost the company's shares in the coming year.…
Continental Sets Higher Earnings Targets and Raises Dividend Payout Ratio
Continental, the German car-parts supplier, announced its updated strategy on Monday, outlining its new goals for the short and medium term. The company aims to achieve annual group sales between…
Shopify’s Black Friday Sales Rise 22%, Analysts Express Concerns Over Valuation
Piper Sandler analysts Clark Jeffries and Wayne Trinh have downgraded Shopify stock to Underweight from Neutral, citing "an untenable valuation." They also lowered their price target to $56 from $58.…
TJX Cos. Stock Falls on Below-Estimate Q4 Guidance
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
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…
Cinemark Holdings Inc. Poised for Growth as Movie-Theater Chain Recovers from Pandemic Disruption
According to Benchmark analyst Mike Hickey, Cinemark Holdings Inc. is in a favorable position for growth as it rebounds from the impact of the COVID-19 pandemic. The company's third-quarter earnings,…
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