Latest News Releases From The Newsroom
President Biden Takes Action as Hate Crimes Surge
October 17th, 2023
President Joe Biden addressed the latest FBI hate crime statistics. The data reveals a troubling surge in hate crimes, with a 25 percent increase in antisemitic hate crimes from 2021 to 2022. Antisemitism accounted for more than half of all reported . Read more
ServisFirst Bancshares Posts Mixed Results; Boeing Bags $95.4M+ Modification Contract
October 16th, 2023
ServisFirst Bancshares, Inc. (NYSE: SFBS) reported third-quarter 2023 earnings of $0.98 per share, beating the consensus EPS estimate of $0.95. However, the company's quarterly sales totaled $107.83 million, slightly below analysts' revenue projectio. Read more
Market Buzz: NetScout Systems Outlook Disappoints
October 16th, 2023
NetScout Systems, Inc. (Nasdaq: NTCT), a network management and cybersecurity company, disclosed its expectations for the second quarter of fiscal 2024, with adjusted earnings per share (EPS) projected to fall within the range of $0.60 to $0.62, surp. Read more
Rite Aid Seeks Chapter 11 Relief; Bullish View On UnitedHealth
October 16th, 2023
Rite Aid Corporation (NYSE: RAD) said that it has initiated a Chapter 11 filing, outlining a financial restructuring plan to reduce debt, increase financial flexibility, and support key business initiatives. The move aims to continue serving the near. Read more
Earnings On Deck: Ericsson, Omnicom, and United Airlines Gear Up
October 15th, 2023
Several companies slated to disclose their financial results on Tuesday, October 17, encompass: Telefonaktiebolaget LM Ericsson (publ) (Nasdaq: ERIC), a global telecommunications giant, is expected to announce its third-quarter 2023 financial resu. Read more
Johnson & Johnson, Goldman Sachs, and Lockheed Martin's Earnings Preview
October 14th, 2023
On Tuesday, October 17, a lineup of companies is set to announce their financial results, including: Johnson & Johnson (NYSE: JNJ), a pharmaceutical and consumer goods powerhouse, will report its third-quarter 2023 financial results before the mar. Read more
Earnings Countdown: Tesla, ASML Holding, and Netflix Take Center Stage
October 14th, 2023
On Wednesday, October 18, the spotlight turns to these key companies as they prepare to unveil their financial results: Tesla, Inc. (Nasdaq: TSLA), the renowned electric vehicle manufacturer, is poised to post its financial results for the third q. Read more
S&P 500 Boosts Lululemon; Pfizer Lowers Profits, Revenue Outlook
October 13th, 2023
Lululemon Athletica Inc. (Nasdaq: LULU), a notable athletic apparel company, will replace Activision Blizzard Inc. (Nasdaq: ATVI) in the S&P 500 index, effective at the opening of trading on Wednesday, October 18. The S&P 500 is widely recognized . Read more
BlackRock Posts Mixed Q3 Earnings; Bullish View On Immunovant
October 13th, 2023
BlackRock, Inc. (NYSE: BLK), an investment management and financial services company, reported third-quarter 2023 adjusted earnings per share (EPS) of $10.91, surpassing the consensus EPS estimate of $8.26. However, the company's revenue for the peri. Read more
Bidenomics in Action: Biden-Harris Administration's Clean Hydrogen Vision Boosted By Regional Hubs
October 13th, 2023
President Biden and Energy Secretary Jennifer Granholm have unveiled a significant development in the drive for a clean energy economy: seven regional clean hydrogen hubs will receive $7 billion in funding from the Bipartisan Infrastructure Law.. Read more
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