L Brands Inc. (NYSE: LB) published its earnings report for the fiscal third quarter on Wednesday that came in significantly better than what analysts had anticipated. The company attributed its upbeat performance to its Victoria’s Secret brand that it said was particularly hawkish in Q3. L Brands shares jumped…
Nvidia Corp (NASDAQ: NVDA) reported its financial results for the fiscal third quarter on Wednesday that blew past Wall Street estimates. The company attributed its hawkish performance to robust data-centre demand and new gaming cards that it launched in recent months. Shares of Nvidia slipped more than 2% in…
The TJX Companies Inc. (NYSE: TJX) published its financial results for the fiscal third quarter on Wednesday that topped analysts’ estimates for earnings and revenue. The company also expressed confidence that it will declare a dividend next month. The company shares jumped 3.4% in premarket trading. TJX closed the…
Metro Inc. (TSE: MRU) said on Wednesday that its sales jumped 7.4% to £3.11 billion in the fiscal fourth quarter. The stock opened less than 1% down on Wednesday. On a year to date basis, Metro is currently 15% up in the stock market after recovering close to 20%…
Target Corp (NYSE: TGT) said on Wednesday that its net income in the fiscal third quarter came in at £760 million that translates to £1.51 per share. In the comparable quarter of last year, it had reported £537.27 million of net income or £1.05 per share. Target was reported…
Lowe’s Companies Inc. (NYSE: LOW) reported its financial results for the fiscal third quarter on Wednesday. The company said that sales were better than expected in the recent quarter while adjusted profit matched analysts’ estimates. Lowe’s shares were reported about 4.8% down in premarket trading on Wednesday. On a…
British Land Company plc (LON: BLND) posted a wider pretax loss for the fiscal first half on Wednesday. The company attributed its loss to the devaluation of its portfolio and a hit to revenue in recent months. Despite the dovish report, British Land Co. resumed dividend payments on Wednesday.
In a report on Wednesday, SSE plc (LON: SSE) said that its profit in the fiscal first half came in stronger than last year. Its underlying performance, however, remained under pressure in recent months due to the Coronavirus pandemic that has so far infected more than 1.4 million people…
Walmart Inc. (NYSE: WMT) published its earnings report for the fiscal third quarter on Tuesday that blew past Wall Street estimates on the back of a 79% growth in e-commerce sales. Walmart slipped more than 1% in premarket trading on Tuesday but gained the entire intraday loss on market…
Home Depot (NYSE: HD) reported its financial results for the fiscal third quarter on Tuesday that topped analysts’ estimates on the back of a 23% increase in net sales. The company said that demand for home improvement remained robust in recent months as COVID-19 kept people restricted to their…
Kohl’s Corp (NYSE: KSS) said on Tuesday that its net sales in the fiscal third quarter came in 13.3% lower than last year as the Coronavirus pandemic continued to wreak havoc on the retail sector in recent months. Kohl’s was reported to have tripled down on active lifestyle…
In a report on Tuesday, Experian plc (LON: EXPN) said that its pre-tax profit in the fiscal first half came in lower on a year over year basis. The company, however, posted growth in its organic revenue. Shares of the company jumped more than 1.5% in premarket trading…
Imperial Brands plc (LON: IMB) said on Tuesday that its pre-tax profit in fiscal 2020 came in higher than last year on the back of hawkish revenue – a trend that it forecasts will continue in fiscal 2021. Imperial Brands slipped roughly 1.5% in premarket trading on Tuesday but…
In a report on Tuesday, EasyJet plc (LON: EZJ) said it concluded fiscal 2020 with a loss attributed to a sharp decline in revenue due to the ongoing Coronavirus pandemic. The company also suspended its annual dividend on Tuesday. EasyJet shares tanked close to 6% on market…
JD.com Inc. (NASDAQ: JD) said on Monday that its profit and sales in the fiscal third quarter came in stronger than expected. Earlier this year, the Chinese e-commerce giant raised £3.04 billion via its secondary listing in Hong Kong in June. JD.com slipped close to 4% in premarket…
Tyson Foods Inc. (NYSE: TSN) reported its financial results for the fiscal fourth quarter on Monday that topped analysts’ estimates for earnings and revenue. The company also reinstated its dividend for fiscal 2021. Tyson Foods opened close to 2.5% up in the stock market on Monday. The U.S. company…
Moderna Inc. (NASDAQ: MRNA) said on Monday that preliminary data from its phase three trial suggests its candidate COVID-19 vaccine is effective in over 94% of the cases. CEO Stephane Bancel called the preliminary results a “game-changer” in the global battle against the Coronavirus pandemic. Moderna shares were reported…
Diploma plc (LON: DPLM) said on Monday that all of its businesses posted signs of recovery in the fiscal fourth quarter. The company also expressed confidence that its financial performance in the new fiscal year to date has remained resilient as well. Diploma jumped more than 2.5% in premarket…
In a report on Monday, Vodafone Group plc (LON: VOD) said it concluded the fiscal first half in profit. The company also expressed confidence that its full-year performance will remain resilient. In the previous fiscal year, Vodafone had posted £13.09 billion of core earnings, as per the report…
Greggs plc (LON: GRG) warned on Friday that its performance in the coming months was likely to remain under pressure due to the Coronavirus pandemic that has so far infected more than 1.3 million people in the United Kingdom and caused over 51 thousand deaths. Greggs closed the regular…
DoorDash revealed to have filed for an initial public offering (IPO) on Friday. The company wishes to trade on the NYSE under the stock ticker DASH. Learn more about the basics of an IPO. In the nine months that concluded on 30th September, DoorDash said that it generated…
DraftKings Inc. (NASDAQ: DKNG) published its financial results for the fiscal third quarter on Friday that came in better than what analysts had anticipated. The company also reported an increase in its total number of users in the recent quarter. DraftKings is currently trading at a per-share price of…
Rosneft Oil Co. (MCX: ROSN) said on Friday that it concluded the fiscal third quarter in loss, but underlying earnings posted an over 100% growth versus the prior quarter as oil prices recovered sharply in recent months after a historic low earlier this year due to the Coronavirus pandemic…
Cisco Systems Inc. (NASDAQ: CSCO) published its earnings report for the fiscal first quarter on Thursday that topped analysts’ estimates for earnings and revenue. In the prior quarter (Q4), Cisco had reported a 22% increase in its per-share earnings. Cisco was reported about 8% up in after-hours trading…
The Walt Disney Company (NYSE: DIS) reported a sharp increase in subscribers for its streaming service in the fiscal fourth quarter. Disney also said that its revenue was better than expected in Q4. But officials said on Thursday that Disneyland was likely to remain closed for the public…
