Market Movers rounded up the best reactions on Lowe’s from investors and analysts. The experts, including Jim Cramer , discussed the home improvement retailer following the release of its second-quarter earnings results . Revenue fell slightly short of analysts’ expectations while earnings beat estimates. CEO Marvin Ellison said thriftier consumers led to weaker discretionary sales,…
A Dick’s Sporting Goods store in Niles, Illinois, May 20, 2014. Getty Images Check out the companies making headlines in midday trading. Dick’s Sporting Goods — The retail stock tumbled nearly 24% after Dick’s reported a rare earnings miss and slashed guidance for the year, due in part to an uptick in store theft. Earnings…
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Check out the companies making headlines before the bell: Fabrinet — Fabrinet surged 21% after its fiscal fourth-quarter results late Monday topped analysts’ estimates. The advanced manufacturing services company posted non-GAAP earnings of…
U.S. Commerce Secretary Gina Raimondo speaks during a Senate hearing in Washington, D.C., on May 16, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — U.S. Secretary of Commerce Gina Raimondo is set to visit China from Aug. 27 to 30, both countries announced Tuesday. Her planned trip will be the third by a high-ranking…
A Baidu Apollo robotaxi passes by a Baidu office building in Beijing on Aug. 21, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese tech company Baidu on Tuesday reported better-than-expected revenue, up by 15% year-on-year in the second quarter and bolstered by growth in advertising. This was the fastest quarterly year-on-year growth pace…
Market Movers rounded up the best reactions on Palo Alto Networks from investors and analysts. The experts, including Jim Cramer , talked about the cybersecurity provider following its fourth-quarter earnings report Friday. Earnings came in above analysts’ estimates while revenue missed the mark, but still rose 26% from last year. Investors had been concerned about…
An exterior view of the Nvidia headquarters in Santa Clara, California, May 30, 2023. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Palo Alto Networks — The security software provider jumped 15.2% after Palo Alto beat expectations for earnings when reporting after the bell Friday. Goldman Sachs reiterated the…
Maki_shmaki | Istock | Getty Images Consider this a public service announcement for all treasure hunters: Uncle Sam wants a piece of your loot. Someone who makes a valuable discovery — whether gold coins, meteorites or even cash — generally owes tax on that haul, which is known as “found” property. The tax is twofold:…
Check out the companies making the biggest moves in premarket trading: Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Palo Alto Networks — The security software vendor soared 12.5% following an earning’s beat after the Friday market close. Fiscal…
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — Chinese financial regulators at a central and regional government level held a video conference Friday to discuss the resolution of financial risks, according to a readout Sunday from…
