Urban Outfitters Stock Back In Style After Bounce Off 50-Day Line?
Urban Outfitters shows improving price performance, earning an upgrade to its IBD Relative Strength Rating.
Urban Outfitters shows improving price performance, earning an upgrade to its IBD Relative Strength Rating.
(Bloomberg) -- In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis Near Defe
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.
Regis Corporation (NYSE:RGS) Q3 2024 Earnings Call Transcript May 1, 2024 Regis Corporation beats earnings expectations. Reported EPS is $-0.99573, expectations were $-1.28. RGS isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Biz McShane: Good morning, and thank you for joining […]
TPG RE Finance Trust, Inc. (NYSE:TRTX) Q1 2024 Earnings Call Transcript May 1, 2024 TPG RE Finance Trust, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, ladies and gentlemen, and thank you for standing by. Welcome to […]
In this article, we will discuss the 20 Best Korean Skincare Products of 2024. You can skip our detailed analysis of the global K-beauty products market, the Korean skincare industry’s approach to sustainability, and recent developments in the beauty industry by going directly to the 5 Best Korean Skincare Products of 2024. The Global K-beauty […]
(Bloomberg) -- Oil posted its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East, while traders continued to weigh the outlook for interest-rate cuts. Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies Most in 18 Months on Upbeat Forecast, BuybackG-7 Eyes Plan on US-Led $50 Billion Aid Package for UkraineEven the World’s Most-Envied Retirement
Key Insights Given the large stake in the stock by institutions, Austin Engineering's stock price might be vulnerable...
Lloyd's of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore's Francis Scott Key Bridge in March that caused widespread disruption, they said on Thursday. Hiscox does not have direct exposure to the business interruption policy of the port, which is the busiest in the United States for auto shipments, or the property policy covering the bridge, the insurer said in its first-quarter trading statement. Hiscox said it was one of the reinsurers on the International Group of P&I Clubs' ship reinsurance policy, but said it expected its net loss to be "moderate", without giving further explanation.
Peloton is struggling, as it is laying off 15 percent of its workforce. The CEO is also stepping down.
Andrew Irvine said NAB 'wouldn't hold anything back' if the Reserve Bank of Australia delivered a rate cut.
When investing, it can be hard to choose which stocks to avoid and which to consider, especially when you are trying to gain exposure to a specific sector. In the latest edition of Good Buy or Goodbye, F/m Investments Senior Portfolio Manager Don Nesbitt shares his stock that could fly and which could face turbulence in the aerospace industry. Nesbitt likes Northrop Grumman (NOC) for its "consistent earnings and sales growth." He also says the company has a strong order backlog and uses free cash flow to return cash to shareholders. He also thinks it has an attractive valuation. Nesbitt cautions, however, that the company risks facing an over-reliance on US government contracts. Nesbitt is less of a fan of Boeing (BA). His first concern, which is a short-term one, is the uncertainty surrounding who will be leading the company after CEO Dave Calhoun steps down at the end of the year. Nesbitt also points to the debt downgrade from Moody's and the lack of a dividend. What could reverse his thesis? Investors shrugging off some of the more near-term concerns or that the leadership shake-up serves as a positive catalyst. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Nexus AG ( ETR:NXU ), might not be a large cap stock, but it received a lot of attention from a substantial price...
The surge of artificial intelligence has buoyed markets with some stocks taking a very strong lead. Indeed, the global AI market size was estimated at a shocking $196.63 billion in 2023 and is...
Key Insights Using the 2 Stage Free Cash Flow to Equity, Jungfraubahn Holding fair value estimate is CHF234 With CHF204...
Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note. Hong Kong's stock markets, which closely mirror China's struggling performance, have recovered since March as Beijing rolled out economic support measures. Swiss bank UBS said in a note Hong Kong market trends had changed in the final days of April, in contrast to that since February when most inflows came from short covering.
* S. Korean won up 0.9% * Taiwan stocks up 0.7% * Thai April headline CPI +0.19% yr/yr By Echha Jain May 3 (Reuters) - Asian emerging market currencies and equities rallied on Friday after the U.S. Federal Reserve indicated it was keeping a dovish tilt, ahead of U.S. nonfarm payrolls data due later in the day. The South Korean won was the biggest gainer in the region, appreciating 0.9% against the greenback. Among equities, Taiwan stocks rose 0.7% to be the top gainer in the region, while Malaysia stocks added 0.3%.
Universal Music Group on Thursday reported first-quarter earnings that comfortably beat expectations, helped by the record-breaking success of its star act Taylor Swift. UMG executive were also upbeat about the label's new deal with TikTok, also announced on Thursday, which settled a dispute over artist pay and helped address wider artificial intelligence concerns in the industry. UMG, the world's biggest music label, posted adjusted core earnings (EBITDA) of 591 million euros ($632.6 million), up 15.9% year-on-year and above the 567 million euros expected by analysts in a Visible Alpha consensus shared by the company.
Key Insights Significant control over Cromwell European Real Estate Investment Trust by retail investors implies that...
Coinbase posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024.
Money saving expert Nicole Pedersen-McKinnon reveals the three things you need to be aware of.