FactSet Research Systems Inc. (NYSE:FDS) - Equities researchers at Oppenheimer dropped their Q2 2021 earnings estimates for shares of FactSet Research Systems in a note issued to investors on Monday, March 8th. Oppenheimer analyst O. Lau now anticipates that the business services provider will po
Express moved into the express lane Wednesday after the fashion retailer and Reddit message board favorite posted better-than-expected fourth-quarter results and announced an upcoming plan to grow its digital channel to $1 billion. Shares of the Columbus, Ohio, company were climbing 23.7% in premarket trading.
Food giant Conagra Brands is discussing the sale of its Hebrew National hot dog brand to JBS (JBSAY ) of Brazil for about $700 million, a media report says. A transaction also could include the Egg Beaters and Odom's Tennessee Pride brands, people familiar with the matter told The Wall Street Journal.
Stock futures were mixed Wednesday and Nasdaq futures slipped following a surge in shares of major tech companies. Here are some of the top movers during premarket trading on Wednesday. Shares of GameStop rose more than 15% in premarket trading Wednesday.
Toll Brothers - The home construction company's shares climbed 2.4% after Toll Brothers hiked its quarterly dividend by 54% to 68 cents per share. The increased dividend will be payable on April 23. MongoDB - Shares of MongoDB rose 0.7% after the database services company reported better-than-expected fourth-quarter results.
General Electric Co. said Wednesday that its board of directors will recommend shareholders approve a 1-for-8 reverse stock split, given the industrial conglomerate's "significant transformation" over the past several years. The split would effectively multiply GE's stock price by eight, while reducing the number of shares outstanding to a number "more typical of companies with comparable market capitalization," GE said.
Campbell Soup Co. reported fiscal second-quarter net income of $245.0 million, or 80 cents per share, down from $1.21 billion, or $3.97 per share, last year. Adjusted EPS of 84 cents was in line with the FactSet consensus. Sales of $2.279 billion were up from $2.162 billion last year and below the FactSet consensus for $2.302 billion.
Vera Bradley Inc. reported fourth-quarter net income of $7.9 million, or 23 cents per share, down from $12.5 million, or 37 cents per share, last year. Adjusted EPS of 42 cents beat the FactSet consensus for 39 cents. Revenue fell to $142.4 million from $156.9 million last year and missed the FactSet consensus for $152.0 million.
Shares of S&P Global Inc. sank 0.18% to $342.12 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.42% to 3,875.44 and the Dow Jones Industrial Average rising 0.10% to 31,832.74. The stock's fall snapped a three-day winning streak.
Shares of Tupperware Brands Corp. sank 6.2% in premarket trading Wednesday, after the food storage products company swung to a fourth-quarter profit that was well short of expectations, while saying its efforts to "fix" its core business was starting to take hold. Net income for the quarter to Dec.
Build-A-Bear Workshop Inc. stock soared nearly 19% in Wednesday premarket trading after the toy company reported fourth-quarter earnings that were well above expectations. Net income totaled $8.8 million, or 57 cents per share, up from $6.2 million, or 42 cents per share, last year.
Shares of Rocket Companies Inc. reversed sharply higher Tuesday, putting them on track to snap a four-day losing streak, as the deadline to own the real estate services stock for investors to receive a "special dividend" approaches. The stock charged up 4.7% in afternoon trading, erasing an earlier loss of as much as 3.2%, after tumbling 40.6% over the past four sessions.
Maturing Asian bond markets fuel issuance; FactSet creates new way to assess sustainability compliance; Subdued outlook for covered bonds in new markets; and Linklaters names new global capital markets head.
Overall market sentiment has been high on FactSet Research Systems Inc. ( FDS) stock lately. FDS receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator. FactSet Research Systems Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FDS!
Dick's Sporting Goods shares dropped after the retailer reported stronger-than-expected quarterly results but said fiscal 2022 comparable sales could rise or fall as much as 2%. Shares of the Pittsburgh company at last check fell 5.3% to $72.60. The sporting goods retailer posted fiscal-fourth-quarter earnings and revenue that exceeded Wall Street estimates.
Investment company Morgan Stanley Institutional Global Franchise Fund ( Current Portfolio) buys SAP SE, Intercontinental Exchange Inc, sells Fox Corp, FactSet Research Systems Inc during the 3-months ended 2020Q4, according to the most recent filings of the investment company, Morgan Stanley Institutional Global Franchise Fund.
Stitch Fix (SFIX) - Stitch Fix lost 20 cents per share for its latest quarter, 2 cents a share less than analysts had anticipated. Revenue for the online clothing styler was short of Wall Street forecasts, and Stitch Fix cut guidance for the fiscal year that begins in July due to lengthened cycle times.
Children's Place Inc. stock soared 12.2% in Tuesday premarket trading after the kids clothing and accessories chain reported a surprise fourth-quarter profit and sales that beat expectations. Net income totaled $7.8 million, or 53 cents per share, down from $24.2 million, or $1.61 per share, last year.
Shares of S&P Global Inc. rose 2.45% to $342.72 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.97% to 31,802.44 and the S&P 500 Index falling 0.54% to 3,821.35. This was the stock's third consecutive day of gains.
It may be time to start loading up on FAANG stocks again. That is, if you buy the arguments that the interest-rate jitters of the past few weeks are set to pause and more federal stimulus will increase the prospects of larger companies.