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Yahoo Finance Plus Campbell Soup Raises Profit Expectations as Consumers Digest Higher Prices
The company raised the lower end of its annual profit forecast to $2.95 per share from $2.90 per share earlier, implying a 3.5% gain from the prior year.
The company raised the lower end of its annual profit forecast to $2.95 per share from $2.90 per share earlier, implying a 3.5% gain from the prior year.
Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.
(Bloomberg) -- On the surface, Charles Schwab Corp. being swept up in the worst US banking crisis since 2008 makes little sense.Most Read from BloombergBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksFirst Citizens to Buy SVB After Biggest Failure Since 2008The firm, a half-century mainstay in the brokerage industry, isn’t overexposed to crypto like Silvergate
Following multiple recent bank collapses, some on Wall Street estimated the Fed would step back from its by-now customary rate hikes when it convened to discuss its monetary policy last week. That did not happen, however, and Fed chair Jerome Powell announced another 0.25 percentage point rate increase. One prominent investor thinks that was unnecessary and counterproductive. “Obviously he (Fed Chair Jerome Powell) didn’t need to do what he did,” billionaire Barry Sternlicht said, likening the a
Aiden Pleterski led a lavish lifestyle and owned McLaren sports cars and a Lamborghini — and even rented a plush waterfront home for $45,000 a month.
Apple (AAPL) closed at $158.15 in the latest trading session, marking a -1.31% move from the prior day.
Berkshire Hathaway bought more than $200 million of stock in the energy company and now holds a 23.5% stake worth about $12.6 billion
Investors may be wondering if it's still time to buy some of the popular names among semiconductor stocks such as Advanced Micro Devices (AMD) and Nvidia (NVDA).
The maker of Marlboro cigarettes is spending big on smoke-free products, but is committed to its payout.
Investors need to pay close attention to First Republic (FRC) stock based on the movements in the options market lately.
Monday, Citi analyst Itay Michaeli opened a "90-day upside catalyst watch" for Fisker stock. He believes that if Fisker hits its milestones the narrative on the stock will change for the better.
(Bloomberg) -- In the battle for the biggest prize in China’s trillion-dollar pension market, BlackRock Inc. and other global firms have little chance of attracting clients like Judy Deng.Most Read from BloombergBinance and Its CEO Sued by CFTC Over US Regulatory ViolationsSaudi National Bank Chair Resigns After Credit Suisse RemarkSchwab’s $7 Trillion Empire Built on Low Rates Is Showing CracksFirst Citizens to Buy SVB After Biggest Failure Since 2008On New Year’s Eve, the logistics executive t
Carnival Corporation (CCL) was the worst-performing stock in the S&P 500 after the cruise line operator predicted much bigger losses than expected in the current quarter and full year.
Don't let a seemingly strong jobs market fool you–the data today is reminiscent of the early days of past recessions, according to Murray Sabrin.
After a tough 2022, Nvidia stock is staging a big rally. Nvidia earnings were better than feared. Is NVDA stock a buy?
To get a deal done, government regulators agreed to a series of concessions.
Some of the notable companies to have witnessed solid earnings acceleration as of now are Palantir Technologies (PLTR), Las Vegas Sands (LVS) and Informatica (INFA).
(Bloomberg) -- Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens to Buy SVB After Biggest Failure Since 2008Binance and Its CEO Sued by CFTC Over US Regulatory ViolationsStocks Pare Gains on Tech Weakness; Bonds Retreat: Markets WrapAmmar Al Khudairy, the chairman of Credit Suisse Group AG’s largest shareholder, has resigned just days after his comments helped trigger a slump in the stock and bonds that prompted the Swiss government to step in and
Analysts think the EV maker will meet or deliver more cars than what Wall Street expects for the first quarter.
Apple Inc (NASDAQ: AAPL) has quietly snapped U.S. startup WaveOne, which was developing AI algorithms for compressing video. WaveOne shut down its website around January, and several former employees, including one of WaveOne's co-founders, joined Apple's various machine learning groups, TechCrunch reports. The financial terms of the deal remain undisclosed. Also Read: Apple, In A Cinema Near You Soon: Streaming Rivalry Heats Up As Apple To Splurge On Original Theatrical Releases WaveOne's forme
Carnival Corp (NYSE: CCL) shares are edging down 0.6% following its Q1 results. CCL reported first-quarter FY23 sales of $4.43 billion, beating the consensus of $4.33 billion. Revenue grew 95% from 2019 levels and jumped 173% from $1.6 billion in the prior year. Passenger Cruise Day (PCD) increased 180.5% Y/Y to 20.2 million. Occupancy for Q1 was 91%. Available lower berth days (ALBD) for Q1 were 22.1 million. Total customer deposits as of February 28, 2023, totaled $5.7 billion. Selling and adm