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Bill Ackman confirms nearly 20% stake in Hertz, floats Uber partnership
Investing.com -- Hertz (NASDAQ:HTZ) shares surged 56% on Wednesday and added another 44% on Thursday after Bill Ackman’s Pershing Square (LON:PSHP) hedge fund disclosed a new stake in the car rental c
Investing.com
Thu, Apr 17
Netflix Inc reports results for the quarter ended March 31 - Earnings Summary
Netflix Inc NFLX.OQ reported quarterly adjusted earnings of $6.61 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $5.28. The mean expectation of thirty seven analysts for the quarter was for earnings of $5.71 per share. Wall Stree...
Reuters
Thu, Apr 17
Independent Bank Corp (Massachusetts) reports results for the quarter ended March 31 - Earnings Summary
Independent Bank Corp (Massachusetts) INDB.OQ reported quarterly adjusted earnings of $1.06 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.12. The mean expectation of four analysts for the quarter was for earnings of $1.16 per ...
Reuters
Thu, Apr 17
GLOBAL MARKETS-Wall Street pauses stock, dollar sell-off amid trade talks
Wall St stocks muted; UnitedHealth, Google dragGold pulls back from record high, oil up ~3%Dollar edges higher, Treasury yields rise ECB cuts rates by 25 basis points as expectedBy Lawrence Delevingne, Amanda Cooper BOSTON/LONDON, April 17 (Reuters) - Most Wall Street stocks were little changed a...
Reuters
Thu, Apr 17
Why Rare-Earths Miner Energy Fuels Rallied in the Double Digits on Thursday
Shares of critical mineral miner Energy Fuels (NYSEMKT: UUUU) rallied 11.7% in Thursday's trading, well ahead of the overall market.Energy Fuels is a U.S.-based miner and processor of uranium and other rare-earth elements, among other critical metals. In recent days, China announced that it would be...
The Motley Fool
Thu, Apr 17
Google holds illegal monopolies in ad tech, US judge finds
Ruling lets US argue Google must sell publisher ad toolsGoogle says it will appealDecision days before Google faces another monopoly trial over searchDOJ failed to prove one of its claims, judge saysBy Jody Godoy April 17 (Reuters) - Alphabet's GOOGL.O Google illegally dominates two markets f...
Reuters
Thu, Apr 17
CANADA STOCKS-TSX posts biggest weekly gain in seven months as volatility fades
TSX rises 0.4% to 24,192.81For the week, index adds 2.6%Energy rises 2.2% as oil settles 3.5% higherBausch Health Companies jumps 13.3%By Fergal Smith April 17 (Reuters) - Canada's commodity-linked main stock index extended its recent winning streak on Thursday as oil prices climbed and recen...
Reuters
Thu, Apr 17
BayCom Corp reports results for the quarter ended March 31 - Earnings Summary
BayCom Corp BCML.OQ reported quarterly adjusted earnings of 51 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for earnings of 52 cents per share. Wall Street expected results to range from 51 cent...
Reuters
Thu, Apr 17
US stocks weekly: Tech wreck
** S&P 500 .SPX loses 1.5% as trade wars and Fed chair Powell's economic growth warning weigh .N** Dow .DJI sheds 2.7%, Nasdaq Composite .IXIC gives up 2.6%** SPX sees death cross, but may not be as ominous as it sounds, analysts say. Can the benchmark index build back better?** Still, Nasda...
Reuters
Thu, Apr 17
First Financial Bankshares Inc reports results for the quarter ended March 31 - Earnings Summary
First Financial Bankshares Inc FFIN.OQ reported quarterly adjusted earnings of 43 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of four analysts for the quarter was for earnings of 43 cents p...
Reuters
Thu, Apr 17
BancFirst Corp reports results for the quarter ended March 31 - Earnings Summary
BancFirst Corp BANF.OQ reported quarterly adjusted earnings of $1.67 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.50. The mean expectation of three analysts for the quarter was for earnings of $1.58 per share. Wall Street ex...
Reuters
Thu, Apr 17
US STOCKS-Wall Street choppy as Eli Lilly jumps, UnitedHealth plummets
US-Japan tariff talks on radarAlphabet falls after rulingInsurers slump after UnitedHealth resultsS&P 500 +0.13%, Nasdaq -0.13%, Dow -1.33%By Noel Randewich and Lisa Pauline Mattackal April 17 (Reuters) - Wall Street stocks ended mixed on Thursday, lifted by Eli Lilly and Apple, as investors ...
Reuters
Thu, Apr 17
TRADING DAY-ECB acts, Trump attacks
By Jamie McGeever ORLANDO, Florida, April 17 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist Trump is Fed up If Federal Reserve Chair Jerome Powell was cautious and mildly hawkish in his outlook for U.S. monetary policy on Wedne...
Reuters
Thu, Apr 17
Netflix up after first-quarter results beat
** Shares of streaming giant Netflix NFLX.O rise 2% to $992.70 after the bell** NFLX beat Wall Street expectations for first-quarter results and offers a bullish second-quarter revenue outlook** Co-founder Reed Hastings has stepped down as executive chairman, to become board's non-executive chai...
Reuters
Thu, Apr 17
LIVE MARKETS-US stocks end lower for the week as UnitedHealth drags
S&P 500 up ~0.1%, Nasdaq down ~0.1%; Dow off ~1.3%Energy leads S&P sector gainers; Tech weakest groupDollar edges up; bitcoin up ~1%; crude rallies ~3%; gold dipsUS 10-Year Treasury yield rises to ~4.33%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters...
Reuters
Thu, Apr 17
Trump Media presses US regulator to investigate short positions in its stocks
Qube Research discloses short position in Trump Media on MondayTrump Media alleges 'suspicious activity' in shorts positionsSEC declines to comment on investigation requestBy Carolina Mandl NEW YORK, April 17 (Reuters) - The media company majority owned by President Donald Trump, Trump Me...
Reuters
Thu, Apr 17
EMERGING MARKETS-Latam stocks, FX eye weekly gains; Turkey in focus
MSCI Latam stocks index up 1.6%, FX up 1.4%Argentina posts $527 mln energy trade surplus in MarchMexican peso hits highest in six months By Pranav Kashyap, Johann M Cherian and Shashwat Chauhan April 17 (Reuters) - Most Latin American stocks and currencies were set for weekly gains on Thursda...
Reuters
Thu, Apr 17
Why Trump Media Stock Is Jumping Today
Shares of Trump Media (NASDAQ: DJT) are seeing big gains in Thursday's trading. The stock price was up 11.3% as of 3:30 p.m. ET today. It had been up as much as 15.3% earlier in the day.Trump Media is getting a valuation boost following news that the company has requested that the Securities and Exc...
The Motley Fool
Thu, Apr 17
PREVIEW: Netflix shares rise ahead of earnings report
** Netflix NFLX.O shares rise 0.8% ahead of quarterly results after the bell, as investors focus on rev growth following recent subscriber surge** Analysts expect quarterly rev up 12% to $10.52 bln, with adjusted EPS seen at $5.71 vs $5.28 year-ago, per LSEG as co shifts focus from subscriber growth...
Reuters
Thu, Apr 17
Why Taiwan Semiconductor Manufacturing Stock Is Climbing Today
The stock of Taiwan Semiconductor Manufacturing (NYSE: TSM) is seeing modest gains Thursday following the company's recent quarterly release. The semiconductor fabrication leader's share price was up 0.9% as of 3 p.m. ET today and had been up as much as 3.8% earlier in the day.TSMC published its fir...
The Motley Fool
Thu, Apr 17
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