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
Venus Concept Inc. (NASDAQ:VERO – Get Rating) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totalling 611,600 shares, a growth of 65.1% from the April 30th total of 370,500 shares. Based on an average trading volume of 203,000 shares, the short-interest ratio is … Read more
Shares of Amazon (AMZN 3.66%) plunged after the company released its first-quarter earnings report last month. Recently, the company’s stock dropped to a 52-week low and lost nearly all the gains accumulated during the pandemic. While some investors may be worried about the future of Amazon’s stock, there are others standing on the sidelines ready … Read more
Saturday 28 May 2022 9:33 am EY is considering listing its global advisory business on the stock market, as part of ambitious plans to separate out its audit operations to create two separate firms. The plan could see EY float its tax, consulting, and deals advice business on the stock exchange, as the firm considers … Read more
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A correction in the stock market is usually defined by a drop of 10% to 20% in major indexes, such as the S&P 500, Nasdaq Composite, or Dow Jones Industrial Average (DJIA). While it’s not as dramatic of a decline as stock market crashes, corrections can still wipe away a decent amount of portfolio value. … Read more
Shares of WPP plc (NYSE:WPP – Get Rating) have been assigned an average recommendation of “Hold” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company. … Read more
By Lydia Ngwakwe The Central Bank of Nigeria (CBN) has urged Nigerian banks to support indigenous companies in order to increase foreign exchange inflows and boost economic growth. A CBN team on inspection of projects funded through Deposit Money Banks in Lagos, gave the advice late on Friday. It noted that the apex bank was … Read more