Wednesday, July 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

Cisco, BJ’s Wholesale, Bed Bath & Beyond, Kohl’s and more

by Euro Times
August 19, 2022
in Stock Market
Reading Time: 2 mins read
A A
0
Home Stock Market
Share on FacebookShare on Twitter


Take a look at the businesses making the most important strikes noon:

Cisco Methods — Shares of the networking gear producer jumped 5.8%. The corporate reported earnings after the bell on Wednesday that beat estimates. Cisco additionally supplied a better-than-expected forecast for 2023.

Mattress Bathtub & Past — The most recent favored meme inventory, which has surged in August, dropped virtually 20%. Buyers seemed to be reacting to activist investor Ryan Cohen’s submitting that he intends to promote his whole stake within the firm.

Kohl’s — Kohl’s shares sank greater than 7% after the retailer slashed its monetary forecast for the yr, citing inflation pressures on middle-income clients. The corporate expects internet gross sales in fiscal 2022 down 5% to six%, down from a previous vary of flat to up 1%. Nevertheless, Kohl’s beat analysts’ expectations for fiscal second-quarter revenue and income.

BJ’s Wholesale — Shares of the membership retailer popped greater than 7% on Thursday after BJ’s reported better-than-expected outcomes for the second quarter. The corporate generated $1.06 in adjusted earnings per share on $5.01 billion of income. Analysts surveyed by FactSet had been anticipating 80 cents per share on $4.67 billion of income. The corporate’s comparable gross sales rose 7.6% yr over yr, excluding gasoline. BJ’s was additionally upgraded by Financial institution of America to a purchase from impartial.

Elanco Animal Well being — Shares of Elanco shed greater than 4% after the corporate was downgraded by Morgan Stanley. The agency shifted the inventory to equal weight from obese citing issues about future earnings.

Verizon — Shares of Verizon slipped 2.54% after MoffettNathanson downgraded it to underperform and slashed its value goal. Elevated competitors from AT&T and T-Cellular is weighing on Verizon and can seemingly drag shares decrease, analysts stated.

Canadian Photo voltaic — The photo voltaic gear and providers firm hit a brand new 52-week excessive, popping greater than 15%, after reporting quarterly earnings that beat expectations. Canadian Photo voltaic additionally raised its full-year income forecast and reported photo voltaic module shipments that had been on the excessive finish of its forecast.

Wolfspeed — Shares surged greater than 31% after the semiconductor firm surpassed expectations in its most up-to-date earnings report. Wolfspeed CEO Gregg Lowe stated he stays “very inspired concerning the business’s prospects for future progress and the exercise we’re seeing throughout our end-markets.”

Walgreens Boots Alliance — Shares of Walgreens fell greater than 5% in buying and selling Thursday. The pharmacy chain, together with CVS and Walmart, was ordered Wednesday by a federal choose to pay a mixed $650.6 million to 2 Ohio counties to deal with harm carried out by the opioid disaster. Walgreens additionally introduced Wednesday it had bought 11 million shares of Choice Care Well being’s widespread inventory in an underwritten secondary providing.

Power shares — Power shares had been buoyed by the rise in oil costs, with shares of Devon Power and Halliburton rising greater than 5%, and APA including greater than 8%. Exxon Mobil gained greater than 2% and Occidental Petroleum rallied 3%..

—CNBC’s Jesse Pound, Carmen Reinicke and Sarah Min contributed reporting.



Source link

Tags: BathBedBJsCiscoKohlsWholesale
Previous Post

AMAT Infographic: Applied Materials Q3 revenue up 5%; earnings beat

Next Post

White House Announces New Response Actions

Related Posts

Butterfly Network: Still A Long Way From Profitability (NYSE:BFLY)

Butterfly Network: Still A Long Way From Profitability (NYSE:BFLY)

by Macrotips Trading
July 1, 2025
0

This text was written byObserveWriter of the Macro Traits & Inflection Factors E-newsletter. I spent 5 years as a co-founder...

How an Online B2B Resale Platform Helps Curb Fashion Supply Chain Waste

How an Online B2B Resale Platform Helps Curb Fashion Supply Chain Waste

by Editorial Team
July 1, 2025
0

With consciousness of the environmental challenges related to quick vogue and the linear “take-make-dispose” mannequin, the business is at a...

BYD: Time To Lock In Some Profits After A Massive Rally (OTCMKTS:BYDDF)

BYD: Time To Lock In Some Profits After A Massive Rally (OTCMKTS:BYDDF)

by Akim Guerreiro
July 1, 2025
0

This text was written byObserveI'm at all times looking out for strongly undervalued shares, within the filth and underneath the...

Genie Energy: Green Energy Player (NYSE:GNE)

Genie Energy: Green Energy Player (NYSE:GNE)

by Long Player
July 1, 2025
0

This text was written byObserveLengthy Participant believes oil and fuel is a boom-bust, cyclical business. It takes persistence, and it...

#3: “How Long Can US Stocks Underperform Foreign Stocks?” – Meb Faber Research

#3: “How Long Can US Stocks Underperform Foreign Stocks?” – Meb Faber Research

by Meb Faber
July 1, 2025
0

In our final piece, we examined simply how lengthy US shares can go underperforming US bonds. The reply was, rather...

CFTC CoTs Report Confirms There Is Little Froth In The Gold Market

CFTC CoTs Report Confirms There Is Little Froth In The Gold Market

by World Gold Council
June 30, 2025
0

This text was written byComply withThe World Gold Council is the market improvement group for the gold business. Our function...

Next Post
White House Announces New Response Actions

White House Announces New Response Actions

Russia gets its caffeine fix with Starbucks copycat stores

Russia gets its caffeine fix with Starbucks copycat stores

Leave a Reply Cancel reply

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

Nifty IT top sectoral gainer today; Infosys, TCS, Wipro lead

Nifty IT top sectoral gainer today; Infosys, TCS, Wipro lead

July 2, 2025
Trump’s ‘Big, Beautiful Bill’ passes Senate: What’s in it, who voted how? | Donald Trump News

Trump’s ‘Big, Beautiful Bill’ passes Senate: What’s in it, who voted how? | Donald Trump News

July 2, 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

July 2, 2025
SEC Clears Grayscale Digital Large Cap Fund for NYSE Arca ETF Listing

SEC Clears Grayscale Digital Large Cap Fund for NYSE Arca ETF Listing

July 2, 2025
Paramount Settles With Trump, Resolves ‘60 Minutes’ Lawsuit

Paramount Settles With Trump, Resolves ‘60 Minutes’ Lawsuit

July 2, 2025
Ambrook, a startup providing specialized accounting software for US farmers and ranchers, raised a .1M Series A led by Thrive Capital and Figma's Dylan Field (Allie Garfinkle/Fortune)

Ambrook, a startup providing specialized accounting software for US farmers and ranchers, raised a $26.1M Series A led by Thrive Capital and Figma's Dylan Field (Allie Garfinkle/Fortune)

July 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

Nifty IT top sectoral gainer today; Infosys, TCS, Wipro lead

Trump’s ‘Big, Beautiful Bill’ passes Senate: What’s in it, who voted how? | Donald Trump News

  • 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