Shares of S&P Global Inc. slipped 1.93% to $326.53 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.31% to 3,819.72 and Dow Jones Industrial Average falling 0.39% to 31,270.09. This was the stock's second consecutive day of losses.
Ciena Corp. reported Thursday fiscal first-quarter profit and revenue that beat expectations, with networking revenue falling less than forecast, while the company did not provide financial guidance. The optical networking company's stock 2.9% toward a three-month low in premarket trading.
BJ's Wholesale Club Holdings Inc. reported Thursday fiscal fourth-quarter profit, revenue and same-store sales that topped expectations as the COVID-19 pandemic provided a boost, while not providing a financial outlook given uncertainties related to the pandemic, and the stock fell 1.4% in premarket trading to extend recent losses.
Discount retailer Burlington Stores Inc. said Thursday it had net income of $155.9 million, or $2.33 a share, in the fourth quarter, down from $206.3 million, or $3.08 a share, in the year-earlier period. Adjusted per-share earnings came to $2.44, ahead of the $2.12 FactSet consensus.
Getting a C-minus grade usually isn't good news, but it promises to be just that for investors looking to capitalize on a boom in government spending on infrastructure. The American Society of Civil Engineers assigned U.S. an infrastructure grade of C-minus in its latest quadrennial report, a slight improvement from the previous D-plus rating.
The vast majority of companies in the S&P 500 have reported results from the last three months of 2020, and Wall Street is calling it: The earnings recession has come to an end.
Michaels Companies Inc. reported Thursday fiscal fourth-quarter profit and sales that rose above expectations, a day after the arts-and-crafts retailer announced a deal to be acquired by Apollo Global Management Inc. in a deal valued at $3.3 billion. Net income for the quarter to Jan.
CEO of Factset Research Systems Inc ( 30-Year Financial, Insider Trades) Frederick Philip Snow ( insider trades) sold 2,500 shares of FDS on 03/01/2021 at an average price of $305.9 a share. The total sale was $764,750. FactSet Research Systems Inc is a financial and economic data and analytics service provider.
Box, the cloud-based content management platform, reported a narrower fiscal-fourth-quarter loss on 8.3% higher revenue after the bell Tuesday. Box's revenue and earnings excluding special items beat Wall Street's estimates. For the quarter ended Jan. 31, the Redwood City, Calif., company posted a loss of 3 cents a share, vs.
Shares of Micron Technology Inc. rose 0.8% in Wednesday morning trading after the company updated its fiscal second-quarter outlook with a more upbeat profit and revenue forecast. Micron now expects quarterly revenue of $6.2 billion to $6.25 billion, whereas it previously forecast revenue for the period of $5.6 billion to $6 billion back in January.
Wendy's Co. WEN, +0.09% shares fell 2.4% in Wednesday premarket trading after the fast-food chain reported a fourth-quarter earnings and revenue miss. Net income totaled $38.7 million, or 17 cents per share, up from $26.5 million, or 11 cents per share, last year. Revenue of $474.3 million was up from $427.2 million last year.
Dollar Tree Inc. stock fell 3.1% in Wednesday premarket trading after the discount retailer reported fourth-quarter sales that missed expectations. Net income totaled $502.8 million, or $2.13 per share, up from $123.0 million, or 52 cents per share, last year. Sales totaled $6.768 billion up from $6.315 billion last year.
With the pace of new COVID-19 cases slowing, many investors expect economic growth to accelerate over the course of 2021. John Buckingham, editor of the Prudent Speculator newsletter, has provided a custom screen of 25 stocks that meet the following criteria: "The Prudent Speculator finds them sufficiently undervalued to warrant a purchase today."
Shares of Beyond Meat Inc. shed 5.06% to $139.66 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.69% to 13,358.79 and Dow Jones Industrial Average falling 0.46% to 31,391.52. The stock's fall snapped a two-day winning streak.
NORWALK, Conn., March 02, 2021 (GLOBE NEWSWIRE) -- (NYSE: FDS) (NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has been selected as the primary market data and technology provider for the Royal Bank of Canada's (RBC) entire wealth management organization.
Chicago-based Hanold Associates HR & Diversity Executive Search recently recruited Vinay Kapoor as global chief diversity, equity, and inclusion officer for FactSet, a global provider of financial data and software solutions for investment professionals. Partners Keri Gavin and Katrina Prospero led the assignment. "Vinay will be a transformative addition to FactSet's executive team," said Ms. Gavin.
Highlights of the 2021 Review include: Annual update captures 20 years of historical M&A data and reflects the most up-to-date snapshot of the FactSet Mergers database Special Purpose acquisition Company transactions - tables highlight aggregate deal volumes and deal values The popular Industry Analysis section Top 100 global deals summary
NEW YORK (AP) - Kohl's reported mixed results for its fiscal fourth quarter, delivering a 30% increase in profits but a 10% drop in sales. Results handily beat Wall Street estimates. Online sales growth remained strong, up 22% for the latest quarter, and accounted for 42% of net sales.
Zoom Video (ZM) - Zoom reported quarterly profit of $1.22 per share, beating the consensus estimate of 79 cents a share. Revenue also topped forecasts, and Zoom gave an upbeat current-quarter forecast in anticipation of millions continuing to use its video messaging platform. Its shares jumped 7.4% premarket.
Kontoor Brands Inc. stock jumped nearly 5% in Tuesday premarket trading after the denim company reported fourth-quarter earnings that beat expectations and gave upbeat 2021 guidance. Net income totaled $43.1 million, or 74 cents per share, up from $28.8 million, or 50 cents per share, last year.