Investing.com – Kimberly-Clark (NYSE:) reported on Tuesday third quarter that missed analysts’ forecasts and revenue that topped expectations. Kimberly-Clark announced earnings per share of $1.40 on revenue of $5.10. Analysts polled by Investing.com anticipated EPS of $1.46 on revenue of $5.02B. Kimberly-Clark shares are down 18% from the beginning of the year and are trading … Read more
© Reuters. By Senad Karaahmetovic Mizuho analysts initiated research coverage on Upstart (NASDAQ:) with an Underperform rating and a $17 per share price target, signaling a downside potential of about 20%. The analysts expect “more pain in coming quarters” after UPST shares fell 95% from the peak. The company’s CEO Dave Girouard said earlier this … Read more
The SEC chair stated that new technologies can help to create new types of economic contests. Gensler’s remarks on the rise of centralization in the crypto ecosystem. Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), criticized what he believed to be the excessive control held in the market by centralized cryptocurrency exchanges. … Read more
Investing.com – Biogen (NASDAQ:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations. Biogen announced earnings per share of $4.77 on revenue of $2.51. Analysts polled by Investing.com anticipated EPS of $4.14 on revenue of $2.47B. Biogen shares are down 13.16% from the beginning of the year and are trading … Read more
© Reuters. By Senad Karaahmetovic Shares of General Electric (NYSE:) are up about 5% in pre-open Tuesday trading after the company delivered mixed Q3 results. General Electric an EPS of $0.35, a big miss compared to the analyst estimate of $0.50. Revenue for the quarter came in at $19.1 billion versus the consensus estimate of … Read more
Raytheon Technologies earnings beat, Revenue misses in Q3 Source link
By Scott Kanowsky Investing.com — HSBC Holdings PLC (LON:) has announced that chief financial officer Ewen Stevenson will step down from the role at the end of 2022, as the lender looks to overhaul its leadership team with the end of a multi-year plan to transform the business approach. In a statement, the bank said Georges … Read more
© Reuters. By Senad Karaahmetovic KeyBanc analysts lowered price targets on Alphabet (NASDAQ:) and Meta Platforms (NASDAQ:) amid increasing concerns the ad market will see a downturn in 2023. These concerns have made investors further skeptical of revenue estimates for both META and GOOGL, analysts said in a client note. As a result, the analysts … Read more
(Bloomberg) — Investors are facing a make-or-break week for some of Wall Street’s most influential tech stocks in a historic year for the group marked by a plunge into bear market territory. The superlatives have followed one after another in 2022’s wild ride. Shares of Meta Platforms Inc (NASDAQ:) have lost 61%, their biggest drop … Read more
Laurus Labs Ltd (NS:), a pharmaceutical company has been on the losing run for three sessions in a row. Its shares fell by 5.56% on Tuesday’s early trades and were quoting at ₹ 453 levels. Its shares were at ₹ 525 levels on October 21, 2022, and the current share price indicates a fall of … Read more
