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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 […]