Macy’s (M 2.27%) announced fiscal 2022 first-quarter earnings before the markets opened on Thursday, May 26. The retailer continued to thrive as management has skillfully handled the coronavirus pandemic. Sales were as expected, but profits outperformed as it sold more merchandise at a full price, and a more significant percentage of shoppers chose to go … Read more
Belden (NYSE:BDC – Get Rating) was upgraded by equities researchers at TheStreet from a “c+” rating to a “b-” rating in a report released on Thursday, TheStreetRatingsTable reports. A number of other equities analysts also recently commented on the stock. StockNews.com raised shares of Belden from a “buy” rating to a “strong-buy” rating in a … Read more
Image source: Getty Images It’s more than possible to build your own wealth — even if you get no help starting out. Key points Financial guru Dave Ramsey did some research into millionaires and found that only 21% received an inheritance. Investing money strategically could make you a millionaire, too. The earlier you start investing, … Read more
Executive Summary: The latest Passenger Rolling Stock Leasing market research report offers a comprehensive assessment of all the factors propelling or restraining the industry growth with respect to the past, present, and future scenario. It highlights the remunerative opportunities in each market segment, followed by a detailed analysis of the competitive landscape. … Read more
It’s been painful, but we believe the risk-reward on stocks is lurching into balance. The economic outlook has grown more sober-this week, our macroeconomic policy team cut its forecast for the third time this year (more below)-with recession and stagflation headlines dominating the business press. That said, … Read more
Endava plc (NYSE:DAVA – Get Rating) has received a consensus rating of “Buy” from the eleven research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among … Read more
Wall Street analysts expect Compass Minerals International, Inc. (NYSE:CMP – Get Rating) to report ($0.28) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Compass Minerals International’s earnings. The highest EPS estimate is ($0.17) and the lowest is ($0.41). Compass Minerals International posted earnings per … Read more
Analysts expect that Royal Caribbean Cruises Ltd. (NYSE:RCL – Get Rating) will post earnings of ($2.14) per share for the current quarter, according to Zacks. Five analysts have provided estimates for Royal Caribbean Cruises’ earnings. The lowest EPS estimate is ($2.73) and the highest is ($1.54). Royal Caribbean Cruises reported earnings of ($5.06) per share … Read more
If there was an investing version of Paul Revere today, he might ride around proclaiming, “The stock splits are coming!” Several big companies are poised to conduct stock splits soon. Amazon (AMZN 3.66%) shareholders recently voted in favor of a 20-for-1 stock split scheduled for June 3, 2022. Tesla (TSLA 7.33%) has announced its intention to … Read more
ECONOMYNEXT – Sri Lanka’s pharmaceuticals suppliers are hit by payment delays and are also facing regulatory delays, and price controls which are making a shortage of drugs in the country worse an industry official said. Local suppliers are owned around 7 billion rupees from a state pharmaceutical agency, an industry source said. It had made … Read more