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Cisco lifts annual forecast on AI boost, names insider Patterson as new CFO
CFO Scott Herren to retire, will be succeeded by insider Mark Patterson in late JulyCisco raises forecast for fiscal 2025Beats Wall Street estimates for third-quarter resultsBy Juby BabuMay 14 (Reuters) - Cisco Systems CSCO.O said on Wednesday that its finance chief Scott Herren will retire from the...Reuters
Wed, May 14
3 Magnificent S&P 500 Dividend Stocks Down 62%, 63%, and 64% to Buy and Hold Forever
With China and the United States finally talking to one another regarding tariffs, there's a glimmer of hope on the macroeconomic horizon. Investors might want to continue thinking and acting defensively though, given that we still don't exactly what the future holds. That would mean owning fewer ri...The Motley Fool
Wed, May 14
Is Rigetti Computing Stock a Buy?
Rigetti Computing (NASDAQ: RGTI), one of the early movers in the nascent quantum computing market, posted its first-quarter earnings report on May 12. Its revenue plunged 52% year over year to $1.47 million and missed the consensus forecast for an 8% decline. But it generated a net profit of $42.6 m...The Motley Fool
Wed, May 14
Sadot Group Inc reports results for the quarter ended March 31 - Earnings Summary
Sadot Group Inc SDOT.OQ reported quarterly adjusted earnings of 18 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -10 cents. The lone analyst forecast for the quarter was for a loss of $1.05 per share. Revenue rose 22.5% to...Reuters
Wed, May 14
Foot Locker surges after report Dicks Sporting Goods nearing $2.3 billion buyout
** Shares of footwear retailer Foot Locker FL.N jump 60.8% to $20.70 in extended trading** Rival Dicks Sporting Goods DKS.N nearing deal to buy FL for about $2.3 billion, the Wall Street Journal reports** Proposed deal for FL for $24 per share represents an 86.5% premium on the stock's last clos...Reuters
Wed, May 14
Luminar Technologies Inc reports results for the quarter ended March 31 - Earnings Summary
Luminar Technologies Inc LAZR.OQ reported a quarterly adjusted loss of $1.50 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-2.85. The mean expectation of four analysts for the quarter was for a loss of $1.78 per share. Wall Str...Reuters
Wed, May 14
Why Rigetti Computing Stock Blasted 18% Skyward Today
The volatile, up-and-down nature of quantum computing stocks was strongly in evidence Wednesday with sector title Rigetti Computing (NASDAQ: RGTI). The company's shares lept 18% higher, on the back of a major quantum computing deal announced by a peer. An analyst's price target raise didn't hurt eit...The Motley Fool
Wed, May 14
Stantec Inc reports results for the quarter ended March 31 - Earnings Summary
Stantec Inc STN.TO reported quarterly adjusted earnings of C$1.16 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 90 cents. The mean expectation of eleven analysts for the quarter was for earnings of C$1.10 per share. Wall Street ...Reuters
Wed, May 14
Stantec Inc reports results for the quarter ended March 31 - Earnings Summary
Stantec Inc STN.TO reported quarterly adjusted earnings of C$1.16 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 90 cents. The mean expectation of ten analysts for the quarter was for earnings of C$1.11 per share. Wall Street exp...Reuters
Wed, May 14
Bird Construction Inc reports results for the quarter ended March 31 - Earnings Summary
Bird Construction Inc BDT.TO reported quarterly adjusted earnings of 23 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of eight analysts for the quarter was for earnings of 19 cents per share....Reuters
Wed, May 14
Why Uber-Backed Aurora Innovation Stock Sank Today
Shares of Aurora Innovation (NASDAQ: AUR) tumbled 6.3% on Wednesday. The autonomous vehicle technology company's stock had been down as much as 17% earlier in the day.The self-driving technology developer is seeing its stock pressured after Uber announced it plans to issue exchangeable notes that co...The Motley Fool
Wed, May 14
Dick's Sporting Goods closes in on deal to buy rival Foot Locker, WSJ reports
May 14 (Reuters) - Dick's Sporting Goods DKS.N was nearing a deal to buy rival footwear retailer Foot Locker FL.N for about $2.3 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.The companies have discussed a deal at $24 per share for Foot Locker, th...Reuters
Wed, May 14
Dick's Sporting Goods closes in on deal to buy rival Foot Locker, WSJ reports
May 14 (Reuters) - Dick's Sporting Goods DKS.N was nearing a deal to buy rival footwear retailer Foot Locker FL.N for about $2.3 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Reuters
Wed, May 14
Sphere 3D Corp reports results for the quarter ended March 31 - Earnings Summary
Sphere 3D Corp ANY.OQ reported a quarterly adjusted loss of 32 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -27 cents. The lone analyst forecast for the quarter was for a loss of 26 cents per share. Revenue fell 59.4% to $...Reuters
Wed, May 14
Steris forecasts annual profit above estimates on strong medical equipment sales
May 14 (Reuters) - Medical equipment maker Steris STE.N forecast annual profit above analysts' estimate on Wednesday, banking on strength in its biggest segment that sells sterilization products, sending its shares up more than 5% in extended trading.Companies such as Steris and Stryker SYK.N ha...Reuters
Wed, May 14
Why Parsons Stock Was a Winner on Wednesday
Investors were playing offense with defense stock Parsons (NYSE: PSN) on Hump Day. They were drawn to the company because of a lucrative deal it's signed in the Middle East, and ultimately pushed its stock more than 2% higher in value that day. This was more than sufficient to trounce the S&P 500's ...The Motley Fool
Wed, May 14
New Fortress Energy falls on quarterly loss
** Shares of U.S.-based LNG company New Fortress Energy NFE.O down 31% to $4.69 in extended trading** Company reports Q1 loss, hurt by weak performance in ships, terminal and infrastructure segments** NFE reports Q1 net loss of $197.4 million, compared with net income of $56.7 million a year ago** C...Reuters
Wed, May 14
Zentalis Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Zentalis Pharmaceuticals Inc ZNTL.OQ reported a quarterly adjusted loss of 56 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of ten analysts for the quarter was for a loss of 64 cents per share...Reuters
Wed, May 14
Citius Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary
Citius Pharmaceuticals Inc CTXR.OQ reported a quarterly adjusted loss of $1.27 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $-1.25. The mean expectation of three analysts for the quarter was for a loss of 4 cents per share. Wall...Reuters
Wed, May 14
