Monday, June 2, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Apple, CarMax, Bed Bath & Beyond and more

by Euro Times
September 29, 2022
in Markets
Reading Time: 3 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


Check out the companies making headlines before the bell:

Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from weakening consumer demand.

related investing news

Here are Thursday's biggest analyst calls: Apple, Exxon, Coinbase, Alphabet, Amazon, Marvell & more

CNBC Pro
Here are Thursday’s biggest analyst calls: Apple, Exxon, Coinbase, Alphabet, Amazon, Marvell & more

CarMax (KMX) – CarMax shares slumped 12.1% in premarket trading after the auto retailer missed estimates on both the top and bottom lines for its latest quarter. CarMax said “affordability challenges” led to a sharp drop in sales in the final months of the quarter.

Bed Bath & Beyond (BBBY) – The housewares retailer posted a wider-than-expected quarterly loss and sales that fell short of consensus. Gross margins fell as the company moved to clear out excess inventory, and the stock declined 5.5% in the premarket.

Rite Aid (RAD) – Rite Aid posted a smaller-than-expected loss for its latest quarter and the drug store operator’s revenue was slightly above analyst forecasts. However, Rite Aid cut its adjusted earnings guidance range for the full year, and its shares tumbled 14.2% in premarket action.

Vail Resorts (MTN) – The resort operator’s shares rallied 4.1% in premarket trading after reporting a smaller-than-expected quarterly loss and revenue that beat analyst estimates. Vail said it is seeing strong demand for ski season passes and full-year sales that have rebounded past pre-pandemic levels.

MillerKnoll (MLKN) – MillerKnoll fell 7.3% in the premarket after its quarterly profit beat analyst estimates, although revenue fell short. The office furniture maker noted a tough macroeconomic environment and announced various steps to improve near-term profit and cash flow, including reduced spending and a voluntary retirement program.

PG&E (PCG) – The utility company filed for permission from California regulators to separate its non-nuclear generation assets into a standalone subsidiary. Shares added 1.2% in premarket trading.

Jefferies Financial (JEF) – Jefferies shares rose 1.6% in premarket action after posting a better-than-expected quarterly profit. The investment firm’s results were helped by upbeat merchant banking results offsetting a slide in dealmaking activity.

Occidental Petroleum (OXY) – Berkshire Hathaway (BRK.B) bought 5.99 million more Occidental Petroleum shares this week, according to an SEC filing. That raises Berkshire’s stake in the energy producer to 20.9%. The purchases came after Occidental shares lost about 20% of their value in less than a month. Occidental added 1% in premarket trading.

Warner Bros. Discovery (WBD) – The media giant is being sued by shareholders for allegedly making false statements about the performance of its HBO Max streaming service ahead of the merger of the former Discovery Communications and AT&T’s Warner Media unit. The stock fell 1.6% in the premarket.



Source link

Tags: AppleBathBedCarMax
Previous Post

Tech View: Nifty fails to stage a rebound. What investors should do on Friday

Next Post

Rep. Ami Bera wants to make rabies treatment less of a financial burden : NPR

Related Posts

Trump’s tax bill could weaponize U.S. capital markets, hit foreign direct investment

Trump’s tax bill could weaponize U.S. capital markets, hit foreign direct investment

by Anuron Mitra
June 1, 2025
0

Jun. 01, 2025 11:25 AM ETS&P 500 Index (SP500), SH, SPY, VOO, IVV, SDS, RSP, SSO, UPRO, SPXUBy: Anuron Mitra,...

Top Wall Street analysts prefer these dividend stocks for consistent returns

Top Wall Street analysts prefer these dividend stocks for consistent returns

by TipRanks.com Staff
June 1, 2025
0

The Dwelling Depot brand is displayed exterior a retailer on March 10, 2025 in San Diego, California. Kevin Carter |...

Why JPMorgan hired NOAA’s Sarah Kapnick as chief climate scientist

Why JPMorgan hired NOAA’s Sarah Kapnick as chief climate scientist

by Diana Olick
June 1, 2025
0

Sarah Kapnick began her profession in 2004 as an funding banking analyst for Goldman Sachs. She was struck nearly instantly...

Insurance stocks Lemonade, Mercury among biggest financial gainers of the week

Insurance stocks Lemonade, Mercury among biggest financial gainers of the week

by Liz Kiesche
May 31, 2025
0

Could 31, 2025 10:25 AM ETXLF, KB, MCY, MARA, TRUP, CLSK, BTC-USD, PLMR, LMND, GLXY, ETOR, AIFUBy: Liz Kiesche, SA...

Can Costco (COST) remain resilient against tariff headwinds this year?

Can Costco (COST) remain resilient against tariff headwinds this year?

by Staff Correspondent
May 31, 2025
0

Costco Wholesale Company (NASDAQ: COST) this week reported greater gross sales and revenue for the third quarter, regardless of tariff-related...

This is why Jamie Dimon is always so gloomy on the economy

This is why Jamie Dimon is always so gloomy on the economy

by Hugh Son
May 31, 2025
0

Jamie Dimon, CEO of JPMorgan Chase, testifies in the course of the Senate Banking, Housing and City Affairs Committee listening...

Next Post
Rep. Ami Bera wants to make rabies treatment less of a financial burden : NPR

Rep. Ami Bera wants to make rabies treatment less of a financial burden : NPR

Cardano Edges Closer to Make-or-Break Point

Cardano Edges Closer to Make-or-Break Point

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

First Guaranty Bancshares 8.8% Yielding Preferred (FGBIP): Hold Due To Loan Concern

First Guaranty Bancshares 8.8% Yielding Preferred (FGBIP): Hold Due To Loan Concern

June 2, 2025
XChat, new DM feature, adopts Bitcoin-style encryption: Elon Musk

XChat, new DM feature, adopts Bitcoin-style encryption: Elon Musk

June 2, 2025
Limbach Holdings Stock: Growth Is Great, But Valuation Is A Concern (NASDAQ:LMB)

Limbach Holdings Stock: Growth Is Great, But Valuation Is A Concern (NASDAQ:LMB)

June 2, 2025
Is Ethereum Price Gearing Up For A Monster Rally? ETH Up 80% The Last Time This Happened

Is Ethereum Price Gearing Up For A Monster Rally? ETH Up 80% The Last Time This Happened

June 2, 2025
Elon Musk tries to stick to spaceships

Elon Musk tries to stick to spaceships

June 2, 2025
Multiple people wounded in attack in US city of Boulder, Colorado | Crime News

Multiple people wounded in attack in US city of Boulder, Colorado | Crime News

June 2, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

First Guaranty Bancshares 8.8% Yielding Preferred (FGBIP): Hold Due To Loan Concern

XChat, new DM feature, adopts Bitcoin-style encryption: Elon Musk

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In