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Latest News Releases From The Newsroom

ServisFirst Bancshares Posts Mixed Results; Boeing Bags $95.4M+ Modification Contract

October 16th, 2023

ServisFirst Bancshares, Inc. (NYSE: SFBS) reported third-quarter 2023 earnings of $0.98 per share, beating the consensus EPS estimate of $0.95. However, the company's quarterly sales totaled $107.83 million, slightly below analysts' revenue projectio. Read more

Market Buzz: NetScout Systems Outlook Disappoints

October 16th, 2023

NetScout Systems, Inc. (Nasdaq: NTCT), a network management and cybersecurity company, disclosed its expectations for the second quarter of fiscal 2024, with adjusted earnings per share (EPS) projected to fall within the range of $0.60 to $0.62, surp. Read more

Rite Aid Seeks Chapter 11 Relief; Bullish View On UnitedHealth

October 16th, 2023

Rite Aid Corporation (NYSE: RAD) said that it has initiated a Chapter 11 filing, outlining a financial restructuring plan to reduce debt, increase financial flexibility, and support key business initiatives. The move aims to continue serving the near. Read more

Earnings On Deck: Ericsson, Omnicom, and United Airlines Gear Up

October 15th, 2023

Several companies slated to disclose their financial results on Tuesday, October 17, encompass: Telefonaktiebolaget LM Ericsson (publ) (Nasdaq: ERIC), a global telecommunications giant, is expected to announce its third-quarter 2023 financial resu. Read more

Johnson & Johnson, Goldman Sachs, and Lockheed Martin's Earnings Preview

October 14th, 2023

On Tuesday, October 17, a lineup of companies is set to announce their financial results, including: Johnson & Johnson (NYSE: JNJ), a pharmaceutical and consumer goods powerhouse, will report its third-quarter 2023 financial results before the mar. Read more

Earnings Countdown: Tesla, ASML Holding, and Netflix Take Center Stage

October 14th, 2023

On Wednesday, October 18, the spotlight turns to these key companies as they prepare to unveil their financial results: Tesla, Inc. (Nasdaq: TSLA), the renowned electric vehicle manufacturer, is poised to post its financial results for the third q. Read more

S&P 500 Boosts Lululemon; Pfizer Lowers Profits, Revenue Outlook

October 13th, 2023

Lululemon Athletica Inc. (Nasdaq: LULU), a notable athletic apparel company, will replace Activision Blizzard Inc. (Nasdaq: ATVI) in the S&P 500 index, effective at the opening of trading on Wednesday, October 18. The S&P 500 is widely recognized . Read more

BlackRock Posts Mixed Q3 Earnings; Bullish View On Immunovant

October 13th, 2023

BlackRock, Inc. (NYSE: BLK), an investment management and financial services company, reported third-quarter 2023 adjusted earnings per share (EPS) of $10.91, surpassing the consensus EPS estimate of $8.26. However, the company's revenue for the peri. Read more

Bidenomics in Action: Biden-Harris Administration's Clean Hydrogen Vision Boosted By Regional Hubs

October 13th, 2023

President Biden and Energy Secretary Jennifer Granholm have unveiled a significant development in the drive for a clean energy economy: seven regional clean hydrogen hubs will receive $7 billion in funding from the Bipartisan Infrastructure Law.. Read more

Lockheed Martin Scores $379.5M+ Order; Belden Sees Q3 Below-Consensus

October 13th, 2023

Lockheed Martin Corporation (NYSE: LMT) secured a $379,577,128 firm-fixed-price order to produce and deliver eight MH-60R aircraft for the government of Spain. The contract was awarded through a previously issued basic ordering agreement, with Naval . Read more