Latest Market News
Shares of Altice USA Inc. ATUS, -6.57% fell after hours on Wednesday, after the broadband and video-services provider reported third-quarter results that missed expectations. The company, whose offerings are available largely in the New York metropolitan area and in the south-central U.S., reported net income of $97.6 million, or 19 cents a share, compared with […]
Shares of Lumen Technologies Inc. LUMN, -5.11% fell more than 13% in the extended session Wednesday after the telecommunications company reported a quarterly miss. Lumen earned $578 million, or 57 cents a share, compared with $544 million, or 51 cents a share, in the third quarter of 2021. Excluding one-time items, Lumen earned 14 cents […]
Shares of Vimeo Inc. VMEO, -9.73% were up more than 10% in after-hours trading Wednesday after the maker of video tools forecast a narrower-than-expected loss for the year. The company notched a net loss of $21.4 million, or 13 cents a share, compared with a loss of $11.7 million, or 7 cents a share, in […]
Shares of Sinclair Broadcast Group Inc. SBGI, -2.87% were down 3% in after-hours trading Wednesday after Wells Fargo analyst Steven Cahall double-downgraded the broadcast company’s stock, lowering his rating to underweight from overweight and nearly halving his price target to $16 from a prior $30. The company “faces multiple pressures that we think are greater […]
Shares of Elf Beauty Inc. ELF, -4.67% rose nearly 9% in the extended session Wednesday after the beauty products maker blew past fiscal second-quarter earnings expectations and raised its outlook for fiscal 2023. Elf earned $11.7 million, or 21 cents a share, in the quarter, compared with $5.7 million, or 11 cents a share, in […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is testing the Tenkan-Sen line. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 1.1485 is expected, followed by growth to 1.1935. An additional signal confirming the growth will be a bounce off […]