It's been a pretty impressive 12 months for the world's leading miners. The FTSE 350 mining index - which includes diversified mining giants Rio Tinto , BHP Group , Anglo American , and Glencore - has returned 46% to shareholders over the last year, according to FactSet, compared with the 7% drop for the broader FTSE 350.
Toll Brothers Inc. reported higher profit and sales for the fiscal first quarter as low mortgage rates, tight housing inventory, favorable demographic trends and the pandemic helped boost homeownership deman d. TOLL BROTHERS CEO ON RISE IN LUXURY HOME SALES The luxury homebuilder said net income was $96.5 million for the quarter ended Jan.
What do you call Gen-Z smartphone users in the Western world? Snapchat addicts, obviously. They are apparently not alone. On Tuesday, Snapchat parent Snap Inc. hosted its first-ever investor day, which proved to be a hit. Its shares opened the day down more than 20% amid a broad tech selloff but later rallied to finish up more than 11%.
Looking at the universe of stocks we cover at Dividend Channel, on 2/25/21, FactSet Research Systems Inc. (Symbol: FDS), Cognex Corp (Symbol: CGNX), and Badger Meter Inc (Symbol: BMI) will all trade ex-dividend for their respective upcoming dividends. FactSet Research Systems
With the (somewhat) recent push for 'open and flexible' technology being bolstered by the proliferation of APIs, it's no surprise that Developer Experience (DX) is becoming more and more important. Firms are starting to go all-in on digital transformation and modernizing their technology stack, making the need for easy-to-use APIs more relevant than ever.
Palo Alto Networks - Shares of the cybersecurity company fell nearly 1% after Palo Alto Networks reported better-than-expected results for its second quarter. The company reported earnings per share of $1.55, compared to a Refinitiv forecast of $1.43. Palo Alto's revenue came in at $1.02 billion, above a Refinitiv estimate of $986 million.
Crocs Inc. reported fourth-quarter net income of $183.3 million, or $2.69 per share, up from $19.9 million, or 29 cents per share last year. Adjusted EPS of $1.06 was well ahead of the FactSet consensus for 81 cents.
The RealReal Inc., the San Francisco online consignment site for luxury goods, reported a wider fourth-quarter loss on 9.8% lower revenue. The results came up short of Wall Street analysts' estimates. The quarter's loss widened to 60 cents a share from 25 cents in the year-earlier quarter.
By Matt Grossman Medtronic PLC Tuesday logged a profit and higher revenue in the latest earnings period but said that the Covid-19 pandemic was detracting from sales for some of its divisions as people delayed medical procedures during the crisis.
Airbnb Inc.'s business was decimated by the coronavirus pandemic, but quickly rebounded to the point that it had one of the biggest initial public offerings of 2020. Now, it's time to find out what is expected for 2021.
With many value-oriented stocks making a comeback in recent months, investors may want to check out an old-style approach to the discipline: buying stocks with low price/book ratios. Barron's screened the S&P 500 with the help of FactSet for companies with low stock prices relative to tangible book value.
Shares of Home Depot Inc. fell 1.0% in premarket trading Tuesday, even after the home improvement retail giant reported fiscal fourth-quarter profit and sales that rose above expectations and boosted its dividend by 10%. Net income for the quarter to Jan.
Cracker Barrel Old Country Store Inc. shares fell 4.4% in Tuesday premarket trading after the restaurant-and-retail chain reported fiscal second-quarter earnings that missed expectations. Net income totaled $14.0 million, or 59 cents per share, down from $61.2 million, or $2.55 per share, last year. Adjusted EPS of 70 cents missed the FactSet consensus for 80 cents.
Aluminum products maker Arconic Inc. said Tuesday it swung to a loss of $64 million, or 59 cents a share, in the fourth quarter, after income of $168 million, or $1.54 a share, in the year-earlier period. The number includes an after-tax charge of $108 million related to a partial annuitization of the Company's U.S.
Nvidia Corp.'s holiday quarter is expected to produce record revenue, as the chip maker navigates a landscape in which customers struggle to buy its core gaming products. Nvidia is expected to report record quarterly revenue of nearly $5 billion in its fourth-quarter results, which are scheduled to arrive Wednesday after the close of markets.
According to one strategist, "It's not a question of 'if,' but 'when,' the next meaningful market decline will occur."
Chuck Hoskin, Jr., principal chief of the Cherokee Nation, says Jeep should stop using the name "Cherokee" on the company's SUVs. Jeep has been using the Cherokee name since 1974. The Jeep Grand Cherokee is the brand's best-selling model, while the Jeep Cherokee is its third best-selling.
Shares of S&P Global Inc. shed 1.75% to $333.29 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.09% to 31,521.69 and the S&P 500 Index falling 0.77% to 3,876.50. S&P Global Inc.
The Nasdaq Composite tumbled Tuesday morning, with the slump in the technology-laden index pushing it beneath its 50-day moving average for the first time in about four months.
FactSet's Dean McIntyre, Director of Strategy for Front Office Solutions, recently spoke with FStech to discuss the issues surrounding data governance in financial services. During the conversation, he also explores how asset managers can empower staff from front to back office, reduce operating costs, and ease compliance with the right systems and processes.