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HomeBusiness

Business

CWEB Business News Analysts Boost Home Depot Price Target to $432 Amidst Resilient Growth Outlook

Analysts are demonstrating increased confidence in The Home Depot, Inc. (NYSE: HD), elevating the consensus price target to $432. This upward revision highlights a...
Business

CWEB Business News Seaport Global Bullish on Arm Holdings, Sets $150 Price Target Amid Market Expansion

Seaport Global Securities has initiated coverage of Arm Holdings (NASDAQ: ARM) with a Buy rating and a $150 price target, highlighting the company’s growing influence across key...
Business

Wyndham Hotels & Resorts Earnings Beat EPS Estimates Amid Revenue Challenges

Business
Wyndham Hotels & Resorts, Inc. (WH:NYSE) Earnings Overview Wyndham Hotels & Resorts, Inc. (WH:NYSE) recently reported its quarterly earnings, showcasing a mix of achievements and...

GFL Environmental Inc. Reports Q1 2024 Earnings: Key Takeaways

Business
GFL Environmental Inc. (NYSE:GFL) Q1 Earnings Conference Call Highlights GFL Environmental Inc. (NYSE:GFL) recently held its first quarter earnings conference call for 2024, shedding light...

Clearwater Paper Corporation Q1 2024 Earnings Overview

Business
Clearwater Paper Corporation's Q1 2024 Financial Performance Clearwater Paper Corporation (NYSE: CLW) recently reported its financial outcomes for the first quarter of 2024, revealing a...

Crescent Capital (CCAP) – A Resilient Investment Opportunity

Business
Crescent Capital (CCAP) Emerges as a Beacon for Investors Crescent Capital (CCAP) emerges as a beacon for investors navigating the choppy waters of the current...

Essent Group Ltd. (NYSE:ESNT) Q1 2024 Earnings Conference Highlights

Business
Essent Group Ltd. (NYSE:ESNT) Q1 2024 Earnings Conference Highlights Essent Group Ltd. (NYSE:ESNT) recently held its Q1 2024 Earnings Conference Call, drawing significant attention from...

Vestis Corporation Fiscal Q2 2024 Earnings Report: Revenue Growth and Strategic Adjustments

Business
Vestis Corporation's Fiscal Q2 2024 Earnings Overview Vestis Corporation (NYSE:VSTS) recently held its fiscal second quarter 2024 earnings conference call, revealing a mix of financial...

Bright Horizons Family Solutions Inc. (BFAM) Q1 2024 Earnings Call Insights

Business
Bright Horizons Family Solutions Inc. (NYSE:BFAM) Earnings Call Highlights Bright Horizons Family Solutions Inc. (NYSE:BFAM) recently held its first quarter 2024 earnings conference call, an...

JBT Q1 2024 Earnings: Surpasses EPS Estimates, Faces Revenue Challenges

Business
John Bean Technologies Corporation (JBT) Q1 2024 Earnings Overview John Bean Technologies Corporation (JBT:NYSE), a notable entity in the food processing and transportation services sector,...

HSBC UK Online Banking Disruptions and Financial Updates

Business
HSBC UK Faces Online Banking Disruptions HSBC UK's recent announcement about intermittent disruptions to its personal mobile and online banking services has raised concerns among...

Air France-KLM SA Q1 2024 Earnings Call Insights

Business
Air France-KLM SA (AFRAF:PNK) Earnings Call Highlights Air France-KLM SA (AFRAF:PNK) recently held its first quarter 2024 earnings conference call, a pivotal moment for the...

Meta Platforms Inc (NASDAQ: META) Stock Analysis: Recovery After Surprise Drop

Business
Meta Platforms Inc (NASDAQ: META) Stock Analysis: A Surprising Turn and Recovery On April 25th, Meta Platforms Inc (NASDAQ: META) experienced a surprising 14% drop...

Walmart offers up to 80 percent off for Spring, Mother’s Day sale, web fans are happy

Business
Walmart (WMT), the nation’s largest retailer, continues its spring sale, and web fans love it. Many web fans can now buy discounted gifts for...

Cheniere Energy Q1 2024 Earnings Forecast: Insights and Expectations

Business
Cheniere Energy, Inc. Earnings Preview On Friday, May 3, 2024, Cheniere Energy, Inc. (LNG:NYSE) is set to unveil its quarterly earnings before the market opens,...

Moderna’s Earnings Beat Forecasts with Strategic Growth on the Horizon

Business
Moderna's Earnings Exceed Expectations On Thursday, May 2, 2024, Moderna (MRNA:NASDAQ) shared its earnings details before the market opened, revealing an earnings per share (EPS)...

Safe & Green Holdings Corp Announces 20 for 1 Reverse Stock Split

Business
Safe & Green Holdings Corp Undergoes Reverse Stock Split On May 2, 2024, Safe & Green Holdings Corp (NASDAQ: SGBX), a company renowned for its...

Arbor Realty Trust, Inc. (ABR) Q1 2024 Earnings Preview: What to Expect

Business
Arbor Realty Trust, Inc. (NYSE: ABR) Quarterly Earnings Preview On Friday, May 3, 2024, Arbor Realty Trust, Inc. (NYSE: ABR) is set to unveil its...

Generac Holdings Inc. Upgraded to Outperform by Oppenheimer

Business
Generac Holdings Inc. (GNRC) Receives Upgrade from Oppenheimer On Thursday, May 2, 2024, Oppenheimer upgraded its rating on Generac Holdings Inc. (GNRC) to Outperform, maintaining...

Intercontinental Exchange Q1 2024 Earnings: Solid Performance and Growth

Business
Intercontinental Exchange's Earnings Report Highlights Financial Robustness On Thursday, May 2, 2024, before the market opened, ICE:NYSE reported earnings per share of $1.48, exactly in...

Plains GP Holdings (PAGP) Quarterly Earnings Preview – May 3, 2024

Business
Plains GP Holdings (PAGP) Quarterly Earnings Preview On Friday, May 3, 2024, Plains GP Holdings (PAGP) is set to unveil its quarterly earnings before the...

Xpel Cut to Hold Following Q1 Miss

Business
Craig-Hallum analysts downgraded Xpel (NASDAQ:XPEL) from Buy to Hold, with a new price target of $40.00, following the company’s reported Q1 miss. The quarterly...

Ollie’s Bargain Outlet Earns an Upgrade at Truist

Business
Ollie's Bargain Outlet (NASDAQ:OLLI) shares rose more than 2% intra-day today after Truist Securities analysts upgraded the company from Hold to Buy and raised...

Digi International’s Price Target Cut at Piper Sandler Following Earnings Release

Business
Piper Sandler analysts adjusted Digi International's (NASDAQ:DGII) price target downward from $40.00 to $35.00 but maintained their Overweight rating on the stock. The company...

Amgen Shares Surge 12 percent Following Positive Obesity Drug Update

Business
Amgen (NASDAQ:AMGN) announced on Thursday that it will discontinue its experimental weight-loss pill to focus on its injectable drug, MariTide, and other obesity-related developments....

XPO Logistics Gains 10 percent on Q1 Beat

Business
XPO Logistics (NYSE:XPO) saw a surge of over 10% in its shares intra-day today, driven by a better-than-expected Q1 earnings report. The company reported...

Apple Stock Gains 6 percent Following Q2 Results

Business
Apple (NASDAQ:AAPL) shares jumped over 6% intra-day today after the tech giant reported second-quarter results that surpassed Wall Street expectations, partly due to better-than-expected...

Will Google launch Pixel 8A during May conference? Pixel 7A available at deep discounts

Business
As Alphabet's Google (GOOGL) prepares for its I/O developer conference on May 14, many retailers have marked down the Pixel 7A phone with deep...

General Electric’s Q1 Results Exceed Expectations with Strong Performance

Business
General Electric's Impressive First-Quarter Results Surpass Expectations General Electric (GE:NYSE) recently made headlines with its first-quarter results, which not only exceeded analysts' expectations but also...

Stagwell’s Quarterly Earnings Analysis: Performance and Future Outlook

Business
Stagwell's Quarterly Earnings Report: A Detailed Analysis Stagwell (STGW) recently reported its quarterly earnings, showcasing a performance that matched the Zacks Consensus Estimate with earnings...

Conduent, Inc. (CNDT) Q1 2024 Earnings: Resilience Amid Challenges

Business
Conduent, Inc. (NASDAQ: CNDT) Q1 2024 Earnings Overview Conduent, Inc. (NASDAQ: CNDT) recently held its Q1 2024 Earnings Conference Call, revealing a complex financial landscape...

Trinity Capital Inc. Q1 2024 Earnings Report Analysis

Business
Trinity Capital Inc. (NASDAQ: TRIN) Q1 2024 Earnings Overview Trinity Capital Inc. (NASDAQ: TRIN) recently held its Q1 2024 earnings conference call, revealing a mix...

Cigna Group’s Q1 2024 Financial Performance: Growth Amid Challenges

Business
The Cigna Group's First Quarter Financial Performance for 2024 The Cigna Group (NYSE: CI) has recently unveiled its financial achievements for the first quarter of...

Freshworks Inc. Acquisition and Leadership Change: Strategic SaaS Market Move

Business
Freshworks Inc. Acquisition and Leadership Change: A Strategic Move in the SaaS Market Freshworks Inc. (NASDAQ: FRSH), a leading SaaS company, recently made headlines with...

Leonardo DRS, Inc. Showcases Strong Q1 2024 Financial Performance

Business
Leonardo DRS, Inc. Kicks Off 2024 with Strong Financial Performance Leonardo DRS, Inc. (NASDAQ:DRS) kicked off the first quarter of 2024 on a high note,...

JPMorgan Chase & Co. Financial Performance and Market Outlook

Business
JPMorgan Chase & Co. (JPM:NYSE) in the Investor Spotlight JPMorgan Chase & Co. (JPM:NYSE) has recently been in the spotlight, drawing attention from investors and...

Toronto-Dominion Bank (TD:NYSE) Investment Analysis: High Dividend Yield & Growth Prospects

Business
Toronto-Dominion Bank (TD:NYSE): A Leading Canadian Financial Institution Toronto-Dominion Bank (TD:NYSE), a leading Canadian financial institution, stands out in the banking sector with its attractive...

Diversification in High-Volatility Sectors: A Strategy for Stability

Business
The Importance of Diversification in High-Volatility Sectors In the dynamic world of investing, the recent advice from a Barron's article dated April 19, 2024, sheds...

Wayfair Inc. Debuts First Large-Format Store in Illinois – A Strategic Expansion

Business
Wayfair Inc. (NYSE: W) Opens First Large-Format Store Wayfair Inc. (NYSE: W), a giant in the online home furnishings and decor market, is taking a...

LegalZoom Q1 2024 Financial Forecast: Earnings and Revenue Growth Insights

Business
LegalZoom's Upcoming Financial Performance: A Look Ahead LegalZoom (LZ:NASDAQ) is on the brink of revealing its financial performance for the quarter ending March 2024, with...

Linde’s Market Performance and Financial Outlook Analysis

Business
Linde's Recent Market Performance and Financial Outlook In the latest trading session, Linde (LIN) experienced a slight decrease of 0.15%, closing at $443.18. This movement...

Ziff Davis, Inc. Engages with Investors at Upcoming Conferences

Business
Ziff Davis, Inc. (NASDAQ: ZD) Gears Up for Investor Conferences Ziff Davis, Inc. (NASDAQ: ZD) is gearing up for a significant presence in the investor...

MGM Resorts Earns an Upgrade Following Q1 Beat

Business
Susquehanna analysts upgraded MGM Resorts (NYSE:MGM) to Positive from Neutral, increasing their price target on the stock to $54 from $46. Although MGM's Q1/24...

Tesla Started With an Overweight Rating at Cantor Fitzgerald

Business
Cantor Fitzgerald analysts initiated coverage on Tesla (NASDAQ:TSLA) with an Overweight rating, setting a price target of $230 on the stock. The analysts recognize...

ConocoPhillips Falls After Q1 Miss

Business
ConocoPhillips (NYSE:COP) released its Q1 earnings on Thursday, which came in slightly below analyst expectations. The oil and gas company reported earnings per share...

Moderna Stock Jumps 9 percent Following Q1 Beat

Business
Moderna (NASDAQ:MRNA) exceeded analyst expectations with its first-quarter earnings and revenue, leading to a 9% increase in its share price intra-day today. The pharmaceutical...

Peloton CEO to Step Down, 15 percent of Workforce Cut & Q3 Miss

Business
Peloton (NASDAQ:PTON) initially saw a rise in its stock price on Thursday after announcing cost-cutting measures and changes in leadership, but later experienced a...

Qualcomm Gains 8 percent on Q2 Beat

Business
Qualcomm (NASDAQ:QCOM) fiscal second-quarter results, released on Wednesday, exceeded Wall Street estimates, driven by improved chip sales as smartphone demand continued to recover. Following...

Watch Is Walmart launching a 4K Chromecast, smart speaker? CWEB investigates

Business
CWEB is investigating whether Walmart (WMT) is ready to roll out a new 4K Chromecast smart speaker, the Onn “Pro” Google TV 4K streaming...

CVS shares tumble 18 percent after quarter report, CWEB analysts analyze results

Business
CVS shares tumbled by 18 percent early Wednesday after the giant pharmaceutical and insurance company reported its quarter results. CVS missed Wall Street analysts'...
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