Tag: Quarterly
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Lapham’s Quarterly to Be Acquired by Bard College
Read Latest News When Lewis Lapham died last year, it appeared that his magazine might go with him. Lapham’s Quarterly, a beloved journal of history and reportage he started, had stopped putting out issues. The fate of the publication was uncertain without Mr. Lapham, a nattily dressed former editor at Harper’s who seemed to personify…
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GM raises quarterly dividend, initiates $6 billion stock buyback
Read Latest News DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown…
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Energy drink stock Celsius pops more than 30% on big quarterly results, Alani Nu acquisition
Read Latest News Celsius energy drinks at a store in Crockett, California, US, on Monday, March 11, 2024. David Paul Morris | Bloomberg | Getty Images Celsius Holdings surged on Friday as investors appeared reassured by the company’s potential growth prospects, given its record full-year revenue results and its latest acquisition of a rival energy…
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Roku shares surge as company halves quarterly losses
Read Latest News Shares of Roku surged more than 10% Friday, at one point reaching a new 52-week high, on earnings that beat Wall Street expectations. In an interview on CNBC’s “Squawk Box,” CEO Anthony Wood said more than half of U.S. broadband households now watch TV with Roku. Wood said the company added more…
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Palo Alto deserves more credit for quarterly results only a year into its new strategy
Read Latest News Club stock Palo Alto Networks dropped Thursday evening on a strong quarter and a solid full-year outlook that were not good enough to satisfy investors’ lofty expectations. Revenue for the cybersecurity company’s fiscal 2025 second quarter increased 14% year over year to $2.26 billion, exceeding the LSEG-complied Wall Street consensus estimate of…
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Amazon’s quarterly beats took a back seat to a couple dings we’re not going to sweat
Read Latest News Amazon shares fell roughly 4% on Thursday evening despite the e-commerce and cloud giant reporting a stronger-than-expected fourth quarter after the closing bell. The market participants during extended trading took issue with a first-quarter 2025 forecast that missed estimates and a larger-than-expected capital expenditure plan. However, we don’t see either item as…
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Santander shares jump 7% after lender announces record quarterly profit, 10-billion-euro buyback
Read Latest News Shares of Banco Santander jumped after Spain’s largest lender reported record profit in the fourth quarter and announced plans for 10 billion euros ($10.4 billion) in share buybacks from 2025 and 2026 earnings and anticipated excess capital. The bank’s net profit picked up by 11% year-on-year to 3.265 billion euros in the…
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Walgreens suspends quarterly dividend amid turnaround efforts
Read Latest News A Walgreens store stands on June 27, 2024 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the pharmacy chain operator said on Thursday. Shares of the company fell more than 7% in extended trading. “The company’s…
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Nvidia supplier SK Hynix posts record quarterly profit on strength of AI boom
Read Latest News SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix, one of the world’s largest memory chipmakers, posted…
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Missing quarterly tax payment could trigger ‘unexpected penalties’
Read Latest News Israel Sebastian | Moment | Getty Images The fourth-quarter estimated tax deadline for 2024 is Jan. 15, and missing a payment could trigger “unexpected penalties and fees” when filing your return, according to the IRS. Typically, estimated taxes apply to income without withholdings, such as earnings from freelance work, a small business…
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Lucid reports record quarterly deliveries, meets production target
Read Latest News Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a…
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AI chipmaker Broadcom shares soar 14% despite mixed quarterly results — here’s why
Read Latest News Broadcom shares soared Thursday after the chipmaker demonstrated strong profitability in its fourth quarter and provided a slew of upbeat updates on its artificial intelligence business — a mix so good that investors looked past a minor sales miss. Revenue in the fiscal 2024 fourth quarter increased 51% year over year to…
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India’s quarterly growth slumps to a near two-year low, well below expectations
Read Latest News Construction workers in Mumbai, India, on June 5, 2024. Bloomberg | Bloomberg | Getty Images India’s economy expanded by just 5.4% in its second fiscal quarter ending September, well below estimates by economists and close to a two-year low. The print follows 6.7% growth over the previous quarter and is the lowest reading since…
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Wall Street shows these 2 cyber stocks love ahead of quarterly results
Read Latest News Wall Street analysts are showing two cybersecurity stocks some love ahead of their quarterly results. The news Evercore ISI this week raised its price target on Palo Alto Networks to $455 from $395, implying a nearly 18% upside from Monday’s close. The analysts said that recent channel commentary not only “sounded notably…
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Here’s why investors are so excited about Disney’s quarterly results
Read Latest News Disney is back. After several quarters of cutting costs and revamping its streaming business, CEO Robert Iger’s turnaround plans is paying off: On Thursday, the entertainment giant reported strong quarterly earnings and a robust outlook for the coming year. Revenue in the fiscal fourth quarter totaled $22.57 billion, topping the $22.45 billion…
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Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans
Read Latest News The Nissan ARIYA on the EV test track at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC Shares of Japanese automaker Nissan tumbled as much as 10.12%, a day after the company posted downbeat quarterly results and said it would reduce global production capacity by 20%.…
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Airbnb pops on mixed quarterly results
Read Latest News CNBC’s Deirdre Bosa joins ‘Closing Bell Overtime’ to talk Airbnb earnings. Source Link ~ Read More News like this ~ Don’t Miss Amazon’s Top Treasures & Fan Favorites! Click to see the hottest picks everyone’s talking about! ~ AliExpress’s Most-Loved Finds Are Here! Don’t miss out on these Top Treasures & Fan…
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Chinese EV maker BYD’s quarterly sales overtook Tesla’s for the first time
Read Latest News New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. Yves Herman | Reuters Chinese electric vehicle maker BYD reported third-quarter revenue that topped that of behemoth rival Tesla for the first time. On Wednesday, BYD reported revenue…
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Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
Read Latest News The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions. Source Link ~ Read More News like this ~ Don’t Miss Amazon’s Top Treasures & Fan Favorites! Click to see the hottest picks everyone’s talking about! ~ AliExpress’s Most-Loved Finds Are Here! Don’t miss out…