Latest News Releases From The Newsroom
Earnings: Estee Lauder Beats, Outlook Falls Short; XPeng's Q2 is a Mix
August 18th, 2023
The Estée Lauder Companies Inc. (NYSE: EL), a renowned global leader in beauty and skincare products, disclosed fourth-quarter fiscal 2023 earnings of $0.07 per share, outperforming the consensus EPS estimate loss of $(0.03). The company's qua. Read more
Bullish Stance on Marvell Technology; Vipshop Beats Q2 Estimates
August 18th, 2023
Marvell Technology, Inc. (Nasdaq: MRVL), a prominent semiconductor company specializing in data infrastructure solutions, has been upgraded from Neutral to Buy by B. Riley Securities, coupled with an increased price target from $60 to $75. With $M. Read more
Bullish View On Adobe; Lockheed Martin Bags $622M+ Navy Contract
August 17th, 2023
Adobe Inc. (Nasdaq: ADBE), a renowned software company specializing in creative and digital solutions, has received an upgrade from Neutral to Buy by BofA Securities, along with a raised price target from $575 to $630. With $ADBE closing at $511.6. Read more
S&P MidCap 400 Index Boosts Dolby Labs; Globant's Q2 Beats, Outlook Disappoints
August 17th, 2023
Shares of Dolby Laboratories, Inc. (NYSE: DLB) surged over 5% in after-hours trading, driven by the news of its inclusion as a replacement for STAAR Surgical Company (Nasdaq: STAA) in the S&P MidCap 400 index. The change is set to take effect prior t. Read more
Milestone Payment Fuels Pieris; Tapestry Misses Forecasts
August 17th, 2023
Shares of Pieris Pharmaceuticals, Inc. (Nasdaq: PIRS) surged over 10% in pre-market trading following the news of attaining an undisclosed milestone payment from Boston Pharmaceuticals. This milestone payment was triggered by the commencement of a ph. Read more
Market Buzz: BAE Systems to Buy Ball Aerospace for $5.6B; Bilibili Beats Estimates
August 17th, 2023
Shares of Ball Corporation (NYSE: BALL) surged over 5% in pre-market trading following the announcement of a deal to sell its aerospace business to BAE Systems for $5.6 billion in cash. This transaction, valued at 19.6x Ball Aerospace's LTM . Read more
FTC Acts to Prevent Interlocking Directorate Arrangement, Anticompetitive Information Exchange in EQT, Quantum Energy Deal
August 16th, 2023
Agency obtains innovative structural relief that preserves competition in the Appalachian Basin natural gas market following private equity-led deal Washington D.C. / CRWE PRESS RELEASE / August 16, 2023 - The Federal Trade Commission today t. Read more
S&P MidCap 400 Index Fuels Chesapeake Energy; Avnet's Q4 Earnings, Outlook Beat
August 16th, 2023
Shares of Chesapeake Energy Corporation (Nasdaq: CHK) saw a notable surge of over 5% in after-hours trading, driven by the news of its inclusion as a replacement for Mercury Systems Inc. (Nasdaq: MRCY) in the S&P MidCap 400 index. The change is sched. Read more
Earnings Reaction Wave: Synopsys Climbs, Paycor HCM Drops
August 16th, 2023
Synopsys, Inc. (Nasdaq: SNPS), a technology company specializing in electronic design automation, revealed third-quarter fiscal 2023 earnings of $2.88 per share, surpassing the consensus EPS estimate of $2.74. The company's quarterly sales reached $1. Read more
Potential $3M Deal Boosts SuperCom; Bullish View On Chevron
August 16th, 2023
Shares of SuperCom Ltd. (Nasdaq: SPCB) jumped over 5% in pre-market trading following the announcement of a new contract for Alcohol Monitoring technologies and services in California. The contract, spanning an initial 3-year term, involves per-un. Read more
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