Tag: Marketwatch
Brinker International Inc. EAT, +8.35% shares soared 11.8% in early Wednesday trading after the restaurant company reported fiscal second-quarter profit that far exceeded expectations. Net income totaled $27.6 million, or 60 cents per share, up from $12.0 million, or 26 cents per share, last year. Adjusted EPS of 71 cents blew past the FactSet consensus […]
Capri Holdings Ltd. CPRI, +7.82% shares jumped 5.7% in Wednesday premarket trading after fiscal third-quarter earnings sailed ahead of Street expectations. Net income totaled $322 million, or $2.11 per share, up from $179 million, or $1.18 per share, last year. Adjusted EPS of $2.22 blew past the FactSet consensus of $1.69. Revenue of $1.609 billion […]
Gold futures on Wednesday tallied a third straight session climb, extending their rise past $1,800 to mark their highest settlement in a week. “While gold is likely to exploit the dollar’s weakness to push higher, its near-term outlook remains influenced by the U.S. jobs report on Friday,” said Lukman Otunuga, manager, market analysis at FXTM. […]
U.S. oil futures saw a slight gain on Wednesday, enough to eke out another settlement at the highest since October 2014. Prices had spent much of the session trading lower after Organization of the Petroleum Exporting Countries and their allies agreed to a 400,000 barrel-per-day production increase for March. OPEC+ still “believes the global demand […]
Shares of Elf Beauty Inc. ELF, -0.71% rose more than 1% in the extended session Wednesday after the beauty products retailer reported fiscal third-quarter profit and sales above expectations and tweaked guidance for the year higher. Elf said it earned $6.2 million, or 12 cents a share, in the quarter, compared with $4.3 million, or […]
Shares of T-Mobile US Inc. TMUS, +0.03% rallied more than 7% late Wednesday after the telecommunications company reported fourth-quarter per-share profit well above expectations and sales that fell slightly short. T-Mobile said it earned $422 million, or 34 cents a share, in the quarter, compared with $750 million, or 60 cents a share, in the […]
Costco Wholesale Corp. COST, +2.68% said late Wednesday its January sales rose 15.5% to $15.76 billion, from $13.64 billion in January 2021. January sales got a boost from an earlier Lunar New Year in 2022. The holiday, celebrated Feb. 1, fell 11 days earlier this year, a shift that “favorably impacted” January sales outside of […]
Wendy’s Co. WEN, -0.78% has added a couple of chicken options to its menu: the Hot Honey Chicken Biscuit, which marks the first breakfast addition since that menu was introduced in 2020, and the Hot Honey Chicken Sandwich, which is available for the rest of the day. The launches tap into the hot honey and […]
CNN President Jeff Zucker has resigned from his post after failing to disclose a romantic relationship with a co-worker, Zucker himself announced in a message to employees. Zucker said he was asked about a consensual relationship with his closest colleague as part of the network’s investigation of anchor Chris Cuomo’s tenure at CNN, a person […]
The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 1 million barrels for the week ended Jan. 28. On average, analysts had forecast an increase of 1.1 million barrels, according to a poll conducted by S&P Global Platts. The American Petroleum Institute on Tuesday reported a 1.6 million-barrel decrease, according to […]