DraftKings Shares Gain as Analysts Upgrade Rating
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DraftKings shares saw an increase on Tuesday following another Buy rating from analysts at MoffettNathanson. Key Details: The analysts, led by Robert…
U.S. Bancorp Reports Positive Third Quarter Results
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U.S. Bancorp, a Minneapolis-based bank, announced its quarterly results on Wednesday, surpassing expectations with elevated net interest income and better-than-expected revenue. Strong…
Shares of H.B. Fuller Co. Fall on Slower Industrial Demand
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Shares of H.B. Fuller Co. (FUL) dropped after hours on Wednesday following the company’s acknowledgment of slower industrial demand impacting its third-quarter…
Zara Reports Strong Sales in First Half of the Year
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Zara owner Inditex has exceeded market expectations with its first-half sales, driven by a solid performance both online and in stores. The…
Corporate Profits Under Pressure from Higher Interest Rates
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Corporate profits are starting to feel the pinch of higher interest rates, but so far their stocks are holding up. Companies will…
HEICO Reports Strong Q3 Sales and Earnings
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Despite exceeding expectations in its fiscal third-quarter performance, aerospace aftermarket parts leader HEICO (HEI) witnessed a decline in stock prices as investors…
BHP Group to Report Full-Year Earnings
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BHP Group, the world’s largest miner by market value, is set to announce its full-year earnings before the Australian market opens on…
Applied Materials Inc. Reports Strong Q3 Earnings Surpassing Expectations
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Applied Materials Inc. shares saw a rise in after-hours trading on Thursday as the maker of semiconductor-manufacturing equipment reported better-than-expected earnings for…
Semiconductor Companies Prepare for Quarterly Results
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Semiconductor companies are bracing themselves as they gear up to report their earnings for the quarter. However, Advanced Micro Devices Inc. (AMD)…
Norma Group Reports Higher Revenue and Adjusted Earnings
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Norma Group, a German machine-part manufacturer, has announced an increase in revenue and adjusted earnings for the second quarter. This growth can…
United States Cellular Reports Q2 Earnings
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United States Cellular, a wireless phone company, has announced its second-quarter earnings, falling short of analysts’ expectations. However, the company has witnessed…
The Hangover Effect: Molson Coors Faces Setback Despite Strong Results
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Molson Coors Beverage Co. (Ticker: TAP) recently disclosed its second-quarter earnings, showcasing impressive figures. However, contrary to expectations, the company’s stock is…