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PREVIEW: FedEx accelerates heading into report due after the bell
** Shares of FedEx FDX.N up 0.8% at $248.99 and rising for fifth straight session on Thurs with parcel delivery giant's fiscal Q3 results due after market close** For qtr ended in Feb, analysts expect FDX to post adj EPS of $4.54, up from $3.86 a yr-ago, on rev of $21.9 bln compared to $21.7 bln...
Reuters
Thu, Mar 20
REFILE-US STOCKS-Wall St rises in choppy trading, Fed comments provide tailwind
Weekly jobless claims at 223,000Accenture falls after flagging federal contract cancellationsDarden Restaurants narrows annual profit forecastIndexes up: Dow 0.42%, S&P 500 0.34%, Nasdaq 0.50%By Pranav Kashyap and Johann M Cherian March 20 (Reuters) - U.S. stock indexes recouped some of the e...
Reuters
Thu, Mar 20
Baozun (BZUN) Q4 2024 Earnings Call Transcript
Image source: The Motley Fool.Baozun (NASDAQ: BZUN)Q4 2024 Earnings CallMar 20, 2025, 7:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, ladies and gentlemen, and thank you for standing by for Baozun's fourth-quarter 2024 earning...
The Motley Fool
Thu, Mar 20
PREVIEW: Nike shares slip ahead of earnings report
** Nike NKE.N shares slip 0.5% ahead of qtrly results after the bell, as investors focus on the co's efforts to regain market dominance amid stiff competition** Analysts expect qtrly rev down ~11% to $11.01 bln, with adjusted EPS seen at $0.29 vs $0.77 yr-ago, per LSEG, highlighting challenges i...
Reuters
Thu, Mar 20
Why Reddit Stock Is Sinking This Week
Since last Friday, shares of the popular online content forum Reddit (NYSE: RDDT) are trading 14% lower as of 11:38 a.m. ET Thursday. Analysts have grown more bearish on the company's prospects this year, and CEO Steve Huffman sold $15.8 million of stock recently.Dependence on GoogleReddit's stock h...
The Motley Fool
Thu, Mar 20
Street View: General Mills to wield reinvestments to revive demand
** General Mills GIS.N cut its annual forecasts on Wednesday, hit by choppy demand for salty snacks and pet food in North America amid competition from private-label rivals** Average rating of 21 is "hold" with a median PT of $65.50 - data compiled by LSEG** At least seven brokerages cut PT ...
Reuters
Thu, Mar 20
Monolithic Power Systems rises after lifting Q1 revenue forecast
** Semiconductor firm Monolithic Power Systems' MPWR.O shares rise 1% to $648.6 ** Co raises Q1 revenue forecast to between $630 mln and $640 mln from the prior outlook of $610 mln to $630 mln** Expects Q1 adjusted operating expense to be $131.6 mln to $135.6 mln, up from the earlier forecast of...
Reuters
Thu, Mar 20
Natgas companies' shares down on surprise storage build, lower demand forecasts
** Shares of U.S. natural gas companies fall, tracking a decline in natgas futures NGA/** U.S. natgas futures NGc1 down ~5% at $4.04 per million British thermal units. On Wednesday, the contract closed at its highest since March 11** Natural gas prices dropped on a surprise storage build and forecas...
Reuters
Thu, Mar 20
LIVE MARKETS-Thursday data buffet: Luke warm, but not undercooked
US equity indexes green, Dow out front up 0.3%Comm Svcs is top S&P sector gainer; consumer staples off mostEuro STOXX 600 index dips ~0.4%Dollar jumps; crude up >1%; bitcoin off ~1%; gold dipsUS 10-Year Treasury yield falls to ~4.23%Welcome to the home for real-time coverage of markets brough...
Reuters
Thu, Mar 20
JP Morgan starts on International Paper at ‘overweight’, calls Smurfit top pick
Investing.com -- JP Morgan initiated coverage on International Paper with an Overweight rating and a $59 price target, citing the company’s new profitability strategy and the potential benefits from i
Investing.com
Thu, Mar 20
U.S. STOCKS ON THE MOVE-KKR, Micron Technology, Eli Lilly
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock indexes recouped some of the early losses on Thursday, as investors digested the Federal Reserve outlook on interest rates amid persistent tariff worries. .N At 11:30 EST, the...
Reuters
Thu, Mar 20
Darden Restaurants hits record high after upbeat quarterly sales forecast
March 20 (Reuters) - Olive Garden-parent Darden Restaurants DRI.N projected fourth-quarter comparable sales above expectations on Thursday despite missing third-quarter estimates, lifting shares to a record high. The company's stock rose as much as 8% to $203.47, after it maintained its a...
Reuters
Thu, Mar 20
Where Will Fubo Stock Be in 3 Years?
There are only eight stocks with market caps north of $1 billion that have more than doubled this year. FuboTV (NYSE: FUBO) happens to be one of them. The provider of the namesake live TV service with enhanced coverage of sporting events shot higher in the first trading week of the year after striki...
The Motley Fool
Thu, Mar 20
GLOBAL MARKETS-U.S. stocks rise, dollar strengthens as strong data counters central banks' caution
U.S. jobless claims subdued, home sales strongEuropean stocks soften as central banks flag concernsPBOC, BoE and Riksbank hold rates, Switzerland cutBy Stephen Culp NEW YORK, March 20 (Reuters) - U.S. stocks extended their rally and the dollar strengthened as solid data helped investors look past...
Reuters
Thu, Mar 20
Reuters Econ World: The Fed’s cloudy crystal ball
By Carmel Crimmins March 20 (Reuters) - Central bankers, they’re just like you and me. Here’s Fed Chair Jerome Powell at yesterday’s post-meeting press conference:"I mean it's just... really hard to know how this is going to work out."Like the rest of us, Fed policymakers are scratchi...
Reuters
Thu, Mar 20
Oportun Financial up after top shareholder Findell pushes for leadership change
** Consumer lender Oportun Financial's OPRT.O shares rise 8.1% to $6.16** Investment firm Findell Capital, OPRT's top shareholder with 9.1% stake, announces intent to nominate two directors to replace OPRT CEO Raul Vasquez and lead director Neil Williams** Investor says OPRT is "signific...
Reuters
Thu, Mar 20
IBM falls after Accenture flags federal contract cancellations
** Shares of consultancy and IT software company International Business Machines IBM.N fall 3.2% to $244.27** Rival Accenture ACN.N said the Trump administration's efforts to reduce federal spending have led to delays and cancellations of new contracts** U.S. President Donald Trump will sign a l...
Reuters
Thu, Mar 20
Accenture flags federal contract cancellations, delays as US curbs spending
By Priyanka G and Akash Sriram March 20 (Reuters) - Consultancy firm Accenture ACN.N said on Thursday the Trump administration's efforts to reduce federal spending have led to delays and cancellations of new contracts, sending the company's shares down more than 6%.The new U.S. administr...
Reuters
Thu, Mar 20
Bill Foley's Cannae rises after investment firm Carronade pushes for shake up
** Shares of investment firm Cannae Holdings CNNE.N, led by American businessman Bill Foley, rise 4.8% to $17.80** Carronade Capital, which owns about 2.9 million shares of CNNE and is one of the company's top shareholders, launches boardroom battle at Cannae raising concerns over underperforman...
Reuters
Thu, Mar 20
Oppenheimer upgrades Mosaic on cost cuts and portfolio optimization
Investing.com -- Oppenheimer upgraded The Mosaic Company (NYSE:MOS) to Outperform from Perform and set a price target of $33 given the fertilizer maker’s efforts to reduce costs, optimize its prod
Investing.com
Thu, Mar 20
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