[ad_1] Retail powerhouse Costco, which is set to release strong fiscal fourth-quarter results on Thursday, remains a top Club pick. [ad_2] Source link
Read More »Darden Restaurants (DRI) Q1 2023 earnings
[ad_1] An order of breadsticks from a Darden Restaurants Inc. Olive Garden Getty Images Darden Restaurants on Thursday reported mixed quarterly results but stood by its outlook for fiscal 2023, predicting inflation will cool in coming quarters. The parent company of Olive Garden and LongHorn Steakhouse said net sales for …
Read More »Accenture, Darden Restaurants, home builders
[ad_1] Check out the companies making headlines before the bell: Accenture (ACN) – The consulting firm reported a better-than-expected quarterly profit and revenue, but gave a weaker-than-expected revenue forecast for the current quarter. Accenture pointed to IT spending cuts by corporate customers and a negative impact from the stronger dollar. …
Read More »5 things to know before the stock market opens Thursday, September 22
[ad_1] Traders on the floor of the NYSE, Sept. 14, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. The morning after Investors were seeking longer-term clarity from the Federal Reserve on Wednesday, but they didn’t like it when the …
Read More »Trip.com says China hotel bookings are surpassing pre-pandemic levels
[ad_1] BEIJING — Hotel reservations in China have surpassed pre-pandemic levels since late June, booking site Trip.com said Thursday. Trip.com shares briefly fell by more than 7% Thursday in Hong Kong trading, before recovering slightly to close 4.5% lower. New York-listed shares dropped 8.5% lower overnight, but were up 2.5% …
Read More »Keep your powder dry when it comes to Crown Castle
[ad_1] Moderna Inc: “I actually want to buy the stock. I know it can go lower, but I think it’s a really well-run company.” Texas Instruments Inc: “I think that it’ll make the quarter and I think you can start buying. … Don’t buy all at once.” Trade Desk Inc: …
Read More »Investors betting short term will miss out when Powell ‘wins’
[ad_1] CNBC’s Jim Cramer on Wednesday advised investors to think of the bigger picture when it comes to the Federal Reserve’s battle against inflation and its effect on the stock market. “The short-term camp is made up of people who either can’t handle any pain or don’t believe in [Fed …
Read More »Marvell CEO tells Jim Cramer: We're doing much better than our stock price suggests
[ad_1] Marvell’s Matt Murphy suggests Wall Street has recently misjudged both the Club holding’s present performance and future prospects. [ad_2] Source link
Read More »H.B. Fuller, KB Home, Lennar and more
[ad_1] Residential single family homes construction by KB Home Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. Mike Blake | Reuters Check out the companies making headlines after hours. KB Home — Shares dipped 2.1% …
Read More »FedEx’s warning reflects both global economy and internal shortcomings
[ad_1] A FedEx worker makes a delivery on September 16, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images FedEx warned of weakening global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems reflect internal company shortcomings or a broader …
Read More »