Day: October 20, 2022
Shares of Union Pacific Corp. UNP, -4.05% dropped 5.0% toward a near two-year low in premarket trading Thursday, after the railroad operator reported third-quarter profit and revenue that beat expectations, due to increased pricing and fuel surcharges, but cut its outlook for carload growth and stock repurchases. Net income rose to $1.90 billion, or $3.05 […]
Shares of ManpowerGroup Inc. MAN, +4.54% jumped 3.8% in premarket trading Thursday, after the staffing services company reported third-quarter profit that beat expectations even as revenue fell a bit short, as demand for labor remained “solid.” Net income rose to $111.3 million, or $2.13 a share, from $97.7 million, or $1.77 a share, in the […]
Shares of Dick’s Sporting Goods Inc. DKS, +0.77% hiked up 2.4% in premarket trading Thursday, after Oppenheimer analyst Brian Nagel turned bullish on the sporting goods and athleisure apparel retailer, saying he believes the company will keep capitalizing on “positive, post-pandemic shifts in consumer demand.” Nagel raised his rating to outperform, after being at perform […]
NFTs have transformed the art world to make masterpieces more accessible to admirers. However, with the tokenization of entire collections comes questions about the future of ownership in museums. 708 Total views 11 Total shares Museums, individuals and metaverse initiatives have used nonfungible tokens (NFTs) as a new means for reinventing themselves before their fans. The family […]
The global tally of COVID cases fell 6% in the week through Oct. 16 from the previous week, while the number of fatalities fell 17%, the World Health Organization said in its weekly epidemiological update. The omicron BA.5 descendent lineages remained dominant, accounting for 78.9% of sequences submitted to a central database. But XBB, a […]
Shares of Dow Inc. DOW, -2.70% slipped 0.6% in premarket trading Thursday, after the specialty chemicals company reported third-quarter profit and sales that fell from a year ago, as higher energy costs hurt margins, but still beat expectations. The company said it has outlined plans to cut costs by $1 billion in 2023 as the […]
Tractor Supply Co. TSCO, -3.21% reported Thursday third-quarter profit that topped expectations but sales came up a bit shy, and raised its full-year outlook. The rural lifestyle retailer said net income rose to $234.1 million, or $2.10 a share, from $224.4 million, or $1.95 a share, in the year-ago period. The FactSet consensus for earnings […]
The Japanese yen paired with the US dollar has fallen to another low in more than 30 years. The current quote in the USDJPY is 149.94. The devaluation of the yen is “in full swing” and this is now really scaring the monetary authorities in Japan. The situation is clearly spiralling out of control. This […]
EURUSD, “Euro vs US Dollar” EURUSD is out of a downward consolidation range. Today we expect a test from the bottom at 0.9797. Further down to 0.9720 with the prospect of trend continuation to 0.9710. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has broken down to 1.1260. We consider the possibility of a continuation […]
A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies. 2297 Total views 40 Total shares Members of a 4,400-strong Discord group called the UST Restitution Group (URG) have been attempting to track down the whereabouts of Terra co-founder Do Kwon. Members of […]
