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Foot Locker Shares Jump On Earnings, Revenue Beat
Foot Locker (NYSE: FL) is up more than 14% premarket Friday after the company reported third-quarter earnings that beat profit and revenue consensus expectations.
NIO Downgraded, XPeng Upgraded at UBS
UBS analyst Paul Gong downgraded Nio (NYSE: NIO) to Neutral from Buy and upgraded XPeng (NYSE: XPEV) to Buy from Neutral in a note to clients Thursday.
Hurricane Energy (HUR) Shares Rise on Energy Profits Levy Update
The Hurricane Energy PLC (LON: HUR) share price edged 2% higher after revealing that the formal sale process that started earlier this month was progressing well and that it was in
Empire Metals (EEE) Shares Plunged 14.5% Despite Lack of News
The Empire Metals Ltd (LON: EEE) share price plunged 14.5% despite the lack of news from the company. The last significant announcement from the mining and resource exploration comp
FTX Worse Than Enron Collapse, Early Red Flags and Where Next for Bitcoin?
It goes from bad to worse for FTX and founder Sam Bankman-Fried (SBF), after a damning condemnation from the new CEO, highlighting “unprecedented and complete failure of corporate c
Burberry Share Price Targets Lifted After Interim Results
Burberry (LON: BRBY) shares are up around 1.6% Friday after analysts lifted their price targets on the stock in reaction to its
Hargreaves Lansdown Shares Downgraded on Challenging UK Backdrop
Hargreaves Lansdown (LON: HL.) shares fell more than 4% during Thursday's session, adding to its year-to-date decline after being downgraded by RBC Capital.
Eco Atlantic Shares Tumble on No Evidence of Hydrocarbons at Gazania-1
Eco Atlantic (LON: ECO) shares plunged Friday after the company said the Gazania-1 well on Block 2 did not show evidence of commercial hydrocarbons.
GBPUSD Falls After Budget Statement As the UK Enters Recession
The GBPUSD currency pair was trading down over 110 pips after the latest UK budget statement spelt more pain for UK consumers already struggling with the rising cost of living. The
Kohl’s (KSS) Stock Fell 4% After Scrapping Its Annual Guidance
The Kohl's Corporation (NYSE: KSS) stock price fell 4% after the company scrapped its full-year forecasts citing an uncertain retail environment combined with significant macroecono
Ardelyx (ARDX) Stock Soared 59% on FDA Panel’s Positive Ruling
The Ardelyx Inc (NASDAQ: ARDX) stock price soared 59.4% after the FDA’s Cardiovascular and Renal Drugs Advisory Committee (CRDAC) recommended that the regulator approves the company
Nvidia Q3 Results ‘Quite’ Pleasing For Piper Sandler
Nvidia (NASDAQ: NVDA) reported third-quarter earnings after the close on Wednesday, missing earnings estimates and beating revenue expectations, sending its stock lower, but two ana
Further FTX Fallout and Celebrity Backers Named in Lawsuit
The FTX collapse continues to have contagion impacts as the crypto exchange Gemini and Genesis Global Capital, a major crypto player, have been pulled into the negative spotlight. I
Lowe’s Gave the Bull Case a Boost, Says Analyst
Lowe's (NYSE: LOW) shares rallied Wednesday after the company reported earnings before the opening bell, topping analyst earnings and revenue expectations.
Ceres Power Shares Plunged 14% After the Delay of Chinese JVs
The Ceres Power Holdings plc (LON: CWR) share price plunged 14.3% after announcing the signing of its Chinese joint venture (JV) deals with Weichai Power, and Robert Bosch GmbH had
Target Stock Plunges Following Q3 Earnings – Analysts Not Surprised
Target (NYSE: TGT) shares plummeted Wednesday, closing the session down over 13% after it reported a profit decline and warned of a soft holiday quarter.
Ilika Shares Plunge Following Trading Update – Expects ‘Materially Lower’ FY24/25 Revenue
Ilika (LON: IKA) shares plunged Thursday after the company posted a trading update in which it said it expects to report a lower than forecast revenue in FY24 and FY25.
Royal Mail (IDS) Shares Edged Lower on H1 Losses. What’s Next?
The Royal Mail International Distributions Services PLC (LON: IDS) shares edged lower after the mail and parcels delivery company released its half-year 2022 earnings results. The c
Burberry H1 Profit, Revenue Rises – Sets New Medium-Term Sales Target
Shares of luxury fashion brand Burberry (LON: BRBY) dipped in the early part of Thursday's session before recovering their losses in the aftermath of the release of its interim resu
Kainos Shares Upgraded at Berenberg on Strong Interim Results
Kainos Group (LON: KNOS) reported its half-year results on Monday, prompting an upgrade from Berenberg analyst Benjamin May.
