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Latest News Releases From The Newsroom

Earnings Reaction Rollercoaster: Darden Restaurants Dips, FactSet Rises

June 22nd, 2023

Darden Restaurants, Inc. (NYSE: DRI) delivered solid financial results for the fourth quarter of fiscal 2023.  While the earnings per share (EPS) of $2.58 slightly surpassed the consensus estimate of $2.54, the company reported quarterly sale. Read more

Market Shakers: GMS, T2 Biosystems, Tesla, and Palantir Make Waves

June 22nd, 2023

GMS Inc. (NYSE: GMS) announced its fourth-quarter fiscal 2023 results, surpassing expectations with an adjusted EPS of $2.11 compared to the consensus estimate of $1.89. The company reported quarterly sales of $1.30 billion, exceeding the consensus r. Read more

The Hunt for Titan: Extensive Search Efforts for Missing Submersible

June 22nd, 2023

The search for the missing submersible, Titan, continues as multiple assets and organizations join forces in the effort. The Canadian Coast Guard, equipped with sonar capabilities, has been actively involved since Wednesday, supported by commercial v. Read more

Avid Bioservices Q4 Falls Short; SNA, STZ, WCC, TYL, AVTR, SRDX: Analysts Eye Opportunity

June 22nd, 2023

Avid Bioservices, Inc. (Nasdaq: CDMO) reported a net loss of approximately $0.3 million for the fourth quarter of fiscal 2023, which fell short of the consensus estimate of breakeven. Looking ahead to fiscal 2024, the company anticipates revenue i. Read more

KB Home Q2 Earnings Beat Estimates, Simulations Plus and Uber Get Bullish View

June 21st, 2023

KB Home (NYSE: KBH) has released its second-quarter earnings for 2023, exceeding market expectations. The company reported earnings per share (EPS) of $1.94, surpassing the consensus estimate of $1.33 for the period. Looking ahead, KB Home has rev. Read more

Market Buzz: Applied Optoelectronics Surges with SoW Deal for Microsoft

June 21st, 2023

Shares of Applied Optoelectronics, Inc. (Nasdaq: AAOI) surged over 10% in after-hours trading on Wednesday as the company disclosed in a regulatory filing with the SEC that it has entered into a Scope of Work (SoW) agreement with Microsoft Corporatio. Read more

FTC Takes Action Against Amazon for Enrolling Consumers in Amazon Prime Without Consent and Sabotaging Their Attempts to Cancel

June 21st, 2023

Complaint outlines details of company’s knowing failure to address non-consensual subscriptions and cancellation trickery Washington D.C. / CRWE PRESS RELEASE / June 21, 2023 -   The Federal Trade Commission is taking action agains. Read more

Investing in America Tour: Upcoming Biden Administration's Nationwide Roadshow

June 21st, 2023

President Biden is set to lead the Investing in America tour, a three-week nationwide travel blitz highlighting the investments, jobs, and manufacturing boom driven by his economic agenda. The Biden Administration will launch the second installment o. Read more

Buy Ratings for RE, NOTE, NAK, CPRX - Uncovering Growth Prospects

June 21st, 2023

Citigroup initiated coverage on Everest Re Group, Ltd. (NYSE: RE), a global provider of insurance and reinsurance products, with a Buy rating and set a price target of $406. Considering the closing price of $352.74 on Tuesday, the assigned price t. Read more

Analysts Bullish on IREN, SNOW, TDW, SMTC - Unveiling Potential Upsides

June 21st, 2023

HC Wainwright & Co. maintained its Buy rating on Iris Energy Limited (Nasdaq: IREN), an emerging renewable energy company, and raised the price target from $8 to $10.  With $IREN closing at $4.14 on Tuesday, the revised price target indicates. Read more