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Latest News Releases From The Newsroom

Earnings in Focus: AutoZone, Endava , and Apogee Enterprises Gear Up

September 16th, 2023

On Tuesday, September 19, several companies are scheduled to announce their financial results, including: AutoZone, Inc. (NYSE: AZO), a leading auto parts retailer, is set to announce fourth-quarter results for the period ending August 26, 2023, b. Read more

President Biden: Auto Workers Deserve Fair Compensation

September 15th, 2023

President Joe Biden addressed the ongoing auto strike and contract negotiations between the United Auto Workers (UAW) and the Big 3 auto companies: Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), and Stellantis N.V. (NYSE: STLA). He . Read more

PDUFA Extension Fuels Iovance Biotherapeutics; PTC Therapeutics Faces Setback

September 15th, 2023

Shares of Iovance Biotherapeutics, Inc. (Nasdaq: IOVA) surged over 10% after the U.S. Food and Drug Administration (FDA) extended the Prescription Drug User Fee Act (PDUFA) for lifileucel due to resource constraints. The new target action date is . Read more

Earnings Reaction Wave: Adobe Dips, eGain Climbs

September 14th, 2023

Adobe Inc. (Nasdaq: ADBE), a prominent software company, reported robust third-quarter fiscal 2023 earnings, with an EPS of $4.09, surpassing the consensus EPS estimate of $3.98. The company's quarterly sales reached $4.89 billion, slightly above ana. Read more

Breaking News: AMC's $325.5M Equity Raise and Draganfly's Defense Orders

September 14th, 2023

AMC Entertainment Holdings, Inc. (NYSE: AMC) said that it successfully raised approximately $325.5 million in new equity capital by selling 40 million shares at an average price of around $8.14 per share, before commissions and fees. $AMC was trad. Read more

Redburn Partners: Carnival and Norwegian Cruise Line are a Buy

September 14th, 2023

Carnival Corporation & plc (NYSE: CCL), a leading cruise line company, has been upgraded by Redburn Partners from Neutral to Buy, along with a price target of $23. With $CCL closing at $15.02 on Wednesday, this price target suggests a potential up. Read more

Semtech Posts Upbeat Results, Outlook Falls Short; FDA Panel Backs Alnylam's Patisiran

September 13th, 2023

Semtech Corporation (Nasdaq: SMTC), a technology company specializing in semiconductor solutions, reported earnings of $0.11 per share for the second quarter of fiscal 2024, surpassing the consensus EPS estimate of $0.02. Quarterly sales for Semtech . Read more

IBEX Misses Estimates, Guides Revenue Below-Consensus

September 13th, 2023

IBEX Limited (Nasdaq: IBEX), a company specializing in customer support solutions, reported earnings of $0.33 per share for the fourth quarter of fiscal 2023. This figure fell short of the consensus EPS estimate of $0.49. Quarterly sales for IBEX amo. Read more

REV Group Beats Estimates; Bullish View On Immunocore

September 13th, 2023

REV Group, Inc. (NYSE: REVG) exceeded expectations in its third-quarter fiscal 2023 earnings report, posting adjusted earnings of $0.35 per share compared to the consensus EPS estimate of $0.23. The company also outperformed in terms of quarterly sal. Read more

Spirit Airlines Lowers Outlook; Alnylam Stock Halted Amid FDA Panel Review

September 13th, 2023

Shares of Spirit Airlines, Inc. (NYSE: SAVE) experienced a dip in pre-market trading as it revised downwardly its third-quarter 2023 outlook. The company now anticipates revenues between $1.245 billion and $1.255 billion, a notable decrease from its . Read more