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Urban Outfitters Inc reports results for the quarter ended April 30 - Earnings Summary
Urban Outfitters Inc URBN.OQ reported quarterly adjusted earnings of $1.16 per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of twelve analysts for the quarter was for earnings of 84 cents per share. W...Reuters
Wed, May 21
Domo Inc reports results for the quarter ended April 30 - Earnings Summary
Domo Inc DOMO.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -33 cents. The mean expectation of five analysts for the quarter was for a loss of 20 cents per share. Wall Street expe...Reuters
Wed, May 21
Clearsign Technologies Corp reports results for the quarter ended March 31 - Earnings Summary
Clearsign Technologies Corp CLIR.OQ reported a quarterly adjusted loss of 4 cents per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 3 cents per share. Revenue fell 63.6% to $401.00 thousand from a year ago; analysts expected $574.00 thousand. Th...Reuters
Wed, May 21
American Superconductor Corp reports results for the quarter ended March 31 - Earnings Summary
American Superconductor Corp AMSC.OQ reported quarterly adjusted earnings of 12 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of three analysts for the quarter was for earnings of 10 cents per...Reuters
Wed, May 21
TRADING DAY-Bond alarms ring louder
By Jamie McGeever ORLANDO, Florida, May 21 (Reuters) - TRADING DAYMaking sense of the forces driving global marketsBy Jamie McGeever, Markets Columnist U.S. debt despair Investors' unease about holding long-dated sovereign debt was magnified by a soft 20-year U.S. Treasury note a...Reuters
Wed, May 21
Why UnitedHealth Stock Sank Again Today
Shares of UnitedHealth Group (NYSE: UNH) plummeted again on Wednesday. The company's stock is down 5.8% as of market close, while the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 1.6% and 1.4%, respectively.The troubled health insurance giant is facing a new damaging ...The Motley Fool
Wed, May 21
Anthropologie parent Urban Outfitters up after quarterly sales beat
** Shares of apparel retailer Urban Outfitters URBN.O up 9% at $65 in extended trading** Anthropologie parent beats Q1 net sales estimates on robust demand for its brands despite a broader slowdown in consumer spending** Q1 net sales rise to $1.33 billion, beating estimates of $1.29 billion, accordi...Reuters
Wed, May 21
Borr Drilling Ltd reports results for the quarter ended March 31 - Earnings Summary
Borr Drilling Ltd BORR.N reported a quarterly adjusted loss of 7 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of four analysts for the quarter was for a loss of 6 cents per share. Wall Street ...Reuters
Wed, May 21
Lumen rises, AT&T to buy its consumer fiber business unit for $5.75 bln
** Shares of telecommunications company Lumen Technologies LUMN.N rise 17.6% to $4.48 in extended trading** Lumen says AT&T T.N would acquire its consumer fiber operations for $5.75 billion in cash** The cash proceeds from the sale will help Lumen trim its debt pile by $4.8 billion and enhance c...Reuters
Wed, May 21
Why WeRide Stock Soared Today
Shares of WeRide (NASDAQ: WRD) were flying higher on Wednesday. The company's stock spiked 21.5% as of market close, while the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 1.6% and 1.4%, respectively.The autonomous driving company reported its Q1 numbers before the marke...The Motley Fool
Wed, May 21
CANADA STOCKS-Toronto stock market's winning streak ends as bond yields climb
TSX ends down 0.8% at 25,839.1710-year yield rises to near four-month highReal estate falls 2.1%, tech ends 2.3% lowerCanada Goose jumps 19.1% on quarterly salesBy Fergal Smith May 21 (Reuters) - Canada's main stock index pulled back from a record high on Wednesday as long-term borrowing cost...Reuters
Wed, May 21
Snowflake raises annual product revenue forecast
May 21 (Reuters) - Snowflake SNOW.N raised its fiscal 2026 forecast for product revenue on Wednesday, betting on strong demand for its data analytics services as enterprises prioritize artificial intelligence spending.The company's shares rose 6% to $190.09 in extended trading after it topped fi...Reuters
Wed, May 21
Why New Fortress Energy Stock Sank Today
Shares of New Fortress Energy (NASDAQ: NFE) fell on Wednesday. The company's stock plummeted 14.5% as of market close. The leg down comes as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 1.6% and 1.4%, respectively.New Fortress is excluded from Puerto RicoThe lique...The Motley Fool
Wed, May 21
EMERGING MARKETS-Latin American FX stable, stocks slide amid mounting US debt worries
LATAM FX up 0.1%, stocks down over 1%Mexico retail sales rise in MarchChile's markets closed for public holidayBy Nikhil Sharma and Purvi Agarwal May 21 (Reuters) - Latin American currencies were little changed, while stocks slumped on Wednesday, as concerns over the growing U.S. fiscal debt ...Reuters
Wed, May 21
Mayne Pharma slumps 30% as Cosette threatens to scrap $432 million deal
May 21 (Reuters) - Mayne Pharma shares MYX.AX posted their worst day in 16 years on Wednesday after U.S.-based Cosette Pharmaceuticals initiated a review of its A$672 million ($432.1 million) acquisition, citing a "material adverse change" in the Australian firm's business and finances.S...Reuters
Wed, May 21
US STOCKS-Wall Street stocks tumble as worries mount about US debt
Indexes: Dow down 1.91%, S&P 500 down 1.61%, Nasdaq down 1.41%Wolfspeed plunges after reports of potential bankruptcyTarget falls after cutting annual sales forecastUnitedHealth drops after report on secret payments, HSBC downgradeBy Chibuike Oguh NEW YORK, May 21 (Reuters) - U.S. stocks clos...Reuters
Wed, May 21
Citi, Jefferies cut forecasts on James Hardie after downbeat FY results
** Analysts at Citi lower price target on James Hardie Industries JHX.AX to A$41.5; maintain "Neutral" rating** On Wednesday, the Dublin-based fibre cement maker posted a 9% decline in FY adjusted net income vs last year, due to which the brokerage further downgrades its FY26/27 expectations...Reuters
Wed, May 21
LIVE MARKETS-Debt dread sinks US stocks
Main US indexes end sharply lowerReal estate weakest S&P sector; Comm Svcs sole gainerDollar down; crude off >1%; gold rises; bitcoin up >1.5%U.S. 10-Year Treasury yield jumps to ~4.59%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share ...Reuters
Wed, May 21
Zoom Communications raises annual revenue forecast
May 21 (Reuters) - Zoom Communications ZM.O raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration of artificial intelligence into its products.The company now sees fiscal 2026 revenue between $4.80 billion and $4.81 billion, above its prior projectio...Reuters
Wed, May 21
GLOBAL MARKETS-Stocks drop, yields gain; soft demand seen in 20-year Treasury auction
US stocks drop after Treasury auctionTax-cut bill fuels further federal deficit concernsOil prices end lower By Caroline Valetkevitch NEW YORK, May 21 (Reuters) - Major stock indexes fell on Wednesday as investors worried about a deteriorating U.S. fiscal outlook and as Treasury yields climbed fo...Reuters
Wed, May 21
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