Shares of Carnival Corp. (CCL) are down more than 5% in Friday morning’s trading session after the cruise line reported its first quarterly profit since before the pandemic. The company’s revenue of $6.85 billion represented not just a 59% growth, but also a new all-time high. The previous high was $6.53 billion in 2019. [...]
CarMax (KMX) reported fiscal second-quarter earnings that narrowly exceeded analyst expectations but spoke to a more grave concern of the used car market in general. The stock has fallen more than 9% in Thursday’s trading session as a result. Sales dropped from $8.145 billion this time last year to just $7.074 billion for the [...]
Threats of antitrust lawsuits and government intervention have been a concern for Amazon (AMZN) and its investors for years as the e-commerce giant gobbles up competition and appears more and more like a monopoly. But all this came to a head on Tuesday as the US government announced via the Federal Trade Commission (FTC) [...]
Providence, Rhode Island-based United Natural Foods Inc. (UNFI) has fallen more than 24% in Tuesday morning’s trading session so far. The company reported fiscal 4th quarter earnings that left much to be desired, while also issuing a warning for the road ahead. The company reported a steep net loss of $68 million for the [...]
Webcast on Wednesday 27 September: Australian Blue-Chip Stocks that Stand Out! What Blue-Chip stocks currently stand out? Which Blue-Chip stocks are trending upwards the best? VectorVest gets to work to show you the best performing Blue-Chip stocks in Australia. In addition, VectorVest will look at the fundamentals along with the Dividend Yield and Franking [...]
HP (HPQ) fell nearly 3% in pre-market trading Monday morning before settling at around a 1% loss when the market opened. The stock is suffering from news of billionaire investor Warren Buffet selling off his shares of the PC maker in the last week. The SEC filing shows a sale by Berkshire Hathaway of [...]
By Leslie N. Masonson, MBA Apollo Global Management, Inc. (APO) stock price has doubled to $90.81 since its low of $45.62 on October 13, 2022, with an average trading volume. However, since hitting a recent low of $78.39 on August 18th, it has surged to $93.18, marking a 19% increase in just 22 trading [...]
Wayfair (W) investors got a nice surprise Friday morning as Bernstein changed its viewpoint on the company from Underperform to Market Perform. This adjustment came from analyst Nikhil Devnani who raised the price target for W from $60/share to $65/share. Wayfair has been on a run over the long term, up nearly 48% in [...]
Home building company KB Home (KBH) is down more than 4% in Thursday morning’s trading session despite delivering impressive fiscal third-quarter earnings and maintaining an optimistic forecast for the remainder of the year. Revenue of $1.59 billion beat the analyst consensus of $1.47 billion, but represented a drop in performance year over year - [...]
General Mills (GIS) reported fiscal first-quarter earnings before the opening bell sounded this Wednesday morning. The results were a mixed bag with positives and negatives, spelling uncertainty for investors as to how to feel about the quarter. Inflation has been a challenge for many companies, General Mills included, over the past few quarters. However [...]
